Divisional Finance Manager

2 weeks ago


Wakefield, United Kingdom PRATAP PARTNERSHIP LTD Full time

Divisional Finance Manager
- highly profitable business experiencing significant growth

A well established and highly profitable business located in the Castleford area of West Yorkshire, is looking to appoint a Divisional Finance Manager to join their growing finance team. The organisation has grown significantly in the last few years bothorganically and through a number of acquisitions which has seen both their recruitment levels and company turnover increase significantly.

The Divisional Finance Manager is a key member of the senior leadership team, with overall responsibility and full accountability of the finance function for their business area. This is an integral role reporting to both Group Finance and the Division andoffers the opportunity to oversee management reporting as well as advising and partnering with business leaders on their business strategy.

This is a demanding role in a fast paced business that will take leadership and ownership for Divisional Finance, as well as having lots of interaction with the wider finance teams across the Group.

Key Accountabilities:

- Leadership / Management: Recruit, coach, develop and manage the performance of a small team of accountants, taking full ownership of Division and associated entities. Given the matrix environment also act as mentor/coach to the wider finance team
- Management Accounts: To lead the processing and production of accounts for the Division including cash flow forecasting and related analysis. Production of P&L, balance sheets and business forecasts and the identification of balance sheet improvements. Thiswill include preparation of sub-consolidated Divisional financial statements and then presentation of these at monthly Management Meetings to the Group CEO/CFO/MD
- Business Partnering: Work with and support Divisional Directors in ensuring accurate business reporting and good operational/cost control. Involves the identification of margin improvements and growth opportunities
- Balance sheet: Full ownership of relevant balance sheets, including reconciliations and supporting documentation. Implementation of regular reviews of balance sheet reconciliations and related controls
- External audit: Responsible for co-ordination of the audit for the whole division and specific responsibility for the sub-division entities. The role holder will prepare for external audit, responding to requests from the Auditors for additional information,keeping Central Finance well briefed on progress
- Compliance: Ensure the Division complies with relevant statutory and industry regulations and requirements (e.g. VAT, CIS)
- Budgeting: Work with the Directors to prepare divisional budgets including providing ‘what if’ scenario planning and independent challenge. Roll out the approved budgets and ensure the operational team have a full understanding of financial expectations
- Process Improvement: Identify potential process and system improvements
- Projects: As part of the wider Finance management team participate in or lead business projects i.e. strategic planning, acquisitions and integration, new system implementations etc.

Qualified Accountant (ACA/ACCA/CIMA)
- Proven experience of both management and financial accounting
- Strong business partnering skills with the ability to engage, challenge and influence others at a
senior stakeholder level through verbal and written communication
- Highly credible and able to quickly build effective working relationships
- Analytical, accurate and detailed
- Experience of managing and coaching other Finance team members
- Ability to implement best practice processes and controls
- System orientated with excellent IT skills (PTSG is a Sage Accounting environment and the
individual must have an advanced Excel capability)
- Resilience, flexibility and a willingness to be ‘hands on’ are all important personal
characteristics

If you're looking for your next challenge in a hands on role, this could be the opportunity for you.


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