Financial Business Partner
4 weeks ago
Receptional is seeking a highly skilled Finance Business Partner to join our team. As a key member of our finance team, you will be responsible for overseeing the end-to-end finance operations, financial forecasting, management reporting, and strategic financial planning.
Key Responsibilities- Prepare monthly management accounts and board reports, providing insightful analysis and recommendations for business growth.
- Present financial figures and findings at monthly Board meetings, ensuring transparency and accountability.
- Develop and implement KPI reporting, tracking key performance indicators and identifying areas for improvement.
- Meet monthly with department teams to ensure accurate forecasting and alignment with business objectives.
- Review monthly accruals, prepayments, and similar accounting entries, ensuring accuracy and compliance.
- Prepare quarterly VAT returns and review before submission, ensuring timely and accurate compliance.
- Ensure compliance with all tax and regulatory requirements, staying up-to-date with changes and updates.
- Prepare year-end accounts and reconciliations for external accountants, ensuring accuracy and transparency.
- Act as the main point of contact with external accountants, providing support and guidance as needed.
- Prepare monthly payroll reports and coordinate with external payroll providers, ensuring accuracy and compliance.
- Set up payroll payments and ensure accuracy, ensuring timely and efficient payment processing.
- Set annual budgets and conduct monthly reviews to ensure alignment with financial goals and objectives.
- Develop and implement financial strategies to support company growth, identifying opportunities for improvement and innovation.
- Conduct financial analysis to identify risks and propose solutions, ensuring the company's financial stability and integrity.
- Identify Financial Risks: Proactively identify potential financial risks, including market volatility, liquidity risks, and operational risks.
- Develop Mitigation Strategies: Develop and implement strategies to mitigate identified risks, ensuring the company's financial stability and integrity.
- Regular Risk Assessments: Conduct regular and comprehensive risk assessments to evaluate the effectiveness of current risk management strategies and identify new potential risks.
- Internal Controls: Establish and maintain robust internal controls to safeguard the company's assets and ensure the accuracy of financial records.
- Compliance Monitoring: Ensure continuous compliance with relevant financial regulations and standards, updating policies as necessary to reflect changes in the regulatory environment.
- Crisis Management Planning: Develop and maintain a crisis management plan to ensure business continuity in the event of unforeseen disruptions.
- Lead, mentor, and develop the finance team, ensuring high performance and continuous improvement.
- Delegate tasks effectively and ensure the finance team meets its objectives, providing guidance and support as needed.
- Explore and implement continuous improvement initiatives to enhance financial processes, identifying opportunities for innovation and efficiency.
- Minimum of 5 years in a similar role, preferably in a growing company.
- Professional accounting qualification (e.g., ACCA, CIMA, ACA) preferred.
- Previous experience managing a finance team.
- Ability to delegate and manage the work of others.
- Strong technical accounting knowledge.
- Excellent Excel skills, including formulas and modelling.
- Experience with accounts payable (AP) and accounts receivable (AR).
- Proficiency in producing management accounts and financial analysis.
- Good knowledge of accounting software (e.g., Xero).
- Excellent attention to detail.
- Strong organizational skills and ability to work under pressure.
- Ability to adapt quickly to accommodate urgent requests.
- Good communication and interpersonal skills.
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