Financial Operations Manager

2 weeks ago


Willenhall, United Kingdom Ltek Recruitment Ltd Full time
Job Description

Ltek Recruitment Ltd is seeking a highly skilled Financial Operations Manager to join our team. As a key member of our finance department, you will be responsible for providing support to the finance manager and taking ownership of various business processes.

Main Responsibilities
  • Financial Management
    • Review daily bank balances and ensure that month-end reconciliations are completed.
    • Prepare the weekly cash flow forecast.
  • Sales Ledger Management
    • Oversee the sales ledger to ensure that debt is recovered in a timely manner inline with the company's credit control procedure.
    • Ensure all new customers are correctly vetted with credit insurance in place and that the credit limits existing customers are regularly reviewed.
  • Purchase Ledger Management
    • Supervise the purchase ledger closedown at month-end.
  • Tax Compliance
    • Prepare and submit quarterly VAT returns.
  • Financial Reporting
    • Prepare all schedules for management accounts including accruals and prepayments.
    • Perform variance analysis and explanations.
    • Prepare management accounts for final review with the manager.
  • Fixed Assets Management
    • Maintain the Fixed Asset Register and calculate the monthly depreciation charges.
  • Stock Management
    • Responsibility for stock verification and valuation.
  • Financial Planning
    • Assist in the annual budgeting process.
  • Reporting
    • Prepare daily, weekly, and monthly reports for senior management.
Requirements
  • AAT qualified or CIMA part of fully qualified.
  • Experience using SAGE.
  • Double entry bookkeeping.
  • Advanced IT including Excel.
  • Knowledge of VAT regulations.
  • Manufacturing experience would be an advantage but not essential.


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