Group Finance Manager

1 month ago

Watford, United Kingdom Jenrick Commercial Full time

**Group Finance Manager, £80,000 + Benefits, Watford Area, Award winning company, ASAP Start,**

The Group Finance Manager will provide day to day support to the Group FC and leadership to the Finance department and support all commercial and delivery aspects of the business.

**Overview of the Group Finance Manager**:

- Provide day to day financial support for all finance disciplines in the company
- Be the point of reference for technical accounting and finance queries from within the business
- Act as the focal point for collation of data from payroll and credit control
- With the team, prepare the completion of monthly management accounts and support schedules for review with the Finance Controller.
- Oversee the production and reconciliation of all key balance sheet accounts across all legal entities
- Continuously improve the speed and outputs of the reporting process to streamline the production of routine information so as to focus more on value added reporting on an exceptions basis
- Oversee key reconciliations for cash book, CID facility, and receivables ensuring they are reconciled daily/weekly as appropriate
- Agree intercompany balances at month end with other group entities
- Maintain a suitable delegation of authority for approvals on invoices and payments in agreement with the Group FC
- Review and investigate anomalies within job costing accounts; follow up with teams on margin variances
- Support the payroll/job set-up process in payroll and ensure that all rates that are created follow the correct sign-off procedure.
- Issue daily/weekly cash flow and circulate to key stakeholders - this is one of the key documents used in the management of the business
- Maintain banking relationships with both CID and Banking personnel
- Agree monthly CID reconciliations
- Issue and approve draw downs and payments with banks
- Oversee the preparation of information required for the annual audit in terms of lead schedules and supporting information to corroborate accounts entries
- Participate in audit clearance meetings and support the implementation of agreed audit recommendations
- Identify and investigate as agreed with the FC technical improvements to enhance the finance processes both in terms of planning and reporting
- Act as the day to day interface between finance and operations on all matters of a commercial nature requiring financial support
- With the Group FC, drive the teams to develop strategies to enhance margins and increase profitability through cost control initiatives
- Lead / support the FD on specific ad-hoc projects of a financial/commercial nature
- Liaise with key suppliers of the businesses
- Manage the finance function of the business ensuring all elements have the necessary support and direction.
- Be available to provide finance skill straining to other parts of the organisation where requested/required to raise the general level of ability.
- Provide timely and accurate financial information to staff to enable them to satisfy customer/supplier requirements.

**Ideal Experience**:
Strong Man Management experience of leading and driving a team to high levels

International and multi country finance experience is an advantage to this role

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