Head of Finance
2 weeks ago
Job Title: Head of Finance
Department: Finance
Areas of Responsibility
1. Financial Control & Reporting
· Responsible for production of timely and accurate monthly management accounts
· Managing, improving and implementing necessary financial controls to ensure integrity of results and reporting. Work with the team to improve financial processes not just within finance but across the Company and implement necessary procedures and policies
· Sign off weekly payment runs
· Be responsible for development, improvement and communication of weekly and monthly financial KPIs e.g. management accounts comms to the board, presenting results in All Hands, working with other stakeholders to product commentary; Development of monthly analysis and reports to aid decision making, e.g. market P&Ls, unit economics
· Lead the annual Audit; liaising with Auditors and managing priorities for internal team. Produce annual statutory accounts and corporation tax return within deadline
2. Planning and Commercial
· Own the Budget and Forecast processes for the business including timelines, communications with budget holders, consolidation of forecasts, commentary and presentation.
· Business partnering with all teams to ensure integrity of information supplied for budgets/forecasts
· Being proactive and reactive should new information become available raising risks and opportunities when necessary and developing an ongoing R&O schedule
3. Treasury
· Cashflow forecasting – own the rolling weekly cashflow including updates as well as communicating opportunities and risks, and taking the lead on mitigating risks
· FX exposure management – run a currency forecast and place necessary hedges in line with the policy set by the board
· Manage daily relationships with banks and/or funding third parties
4. Systems
· Responsible for systems in relation to our ERP, banking and payment providers (including being a system administrator). Manage the relationship with ACS along with the P&I manager helping prioritise.
· Own relationships with external system related suppliers
· Working in all areas to continually improve existing systems or evaluate future developments (eg Global-e, website re-platform, Netsuite data warehouse, BI reporting tools)
5. Other areas of responsibility
· Be the point of contact in Finance for the business by building strong relationship with key stakeholders and becoming a trustworthy business partner and establish yourself as a strategic member of the SLT.
· Insurance renewals
· Manage and develop direct reports
· Monthly Payroll is completed, working with HR and external Payroll support.
· Ensure all Tax obligations worldwide are adhered to (eg timely and accurate filing of HMRC returns for VAT, duties and PAYE)
· Changes in commercial and statutory obligations (eg post-Brexit and pandemic)
· Suggest best working practices from previous experience
· Other ad hoc duties/responsibilities
Benefits of working with The Fold:
- 25 days holidays in addition to the usual bank holidays.
- Buy additional holidays.
- Employee Assistance Programme.
- A yearly Fold gift voucher.
- A friends and family discount policy with 50% off full retail price.
- Bike to work scheme, save on the cost of bikes and equipment.
- Pension scheme.
- Summer Friday hours.
- Team socials.
- You can expect to enjoy complimentary coffee, fresh fruit and treats. Out of work we’ve enjoyed Secret Cinema, Crazy Gold, Escape Rooms, Ice skating as well as enjoying homemade cocktails and casual beers.
To apply for this role please submit your CV to careers@thefoldlondon.com. Due to the number of applications we receive, we can only reply to those that are successful to the next stage.
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