Financial Controller

1 month ago

London, Greater London, United Kingdom Jobs in Fitness Full time
About ONE LDN

ONE LDN is a dynamic fitness club that combines elite performance with community connection. Our vibrant club offers a 16,000 sq ft space with premium gym facilities, functional fitness areas, and boutique studios. As we expand across the UK and beyond, we are seeking a Financial Controller & Bookkeeper to ensure smooth and efficient financial operations that fuel our growth.

Job Summary

We are looking for a detail-oriented finance professional with a passion for both numbers and community to join our team. The Financial Controller & Bookkeeper will play a vital role in managing all financial aspects, ensuring regulatory compliance, and supporting strategic decisions.

Key Responsibilities
  1. Payroll Management:

    • Handle monthly payroll processing for full-time and irregular staff across ONE LDN and group companies, ensuring timely submissions to external payroll companies.

    • Update holiday entitlements and maintain employee records in the HR Management system.

    • Manage pension enrolments and updates via SMART Pension.
  2. Accounting & Financial Reporting:

    • Keep Xero up-to-date with weekly and monthly invoices, payroll, and supplier payments for all group companies.

    • Prepare monthly and annual accounts, profit and loss (P&L) statements, and balance sheets.

    • Produce payment plans in line with the company's budget and financial forecasting.

    • Reconcile supplier and customer payments, including PT rent and corporate contracts.

    • Monitor third-party revenue platforms (Hussle, ClassPass, GymPass) for timely collections.
  3. Membership Revenue Management:

    • Produce daily and monthly reports from the club management system and the CRM, tracking new registrations, attendance, and membership transactions.

    • Manage debtors' collections, ensuring timely retrieval of payments from members in dunning status.

    • Regularly review and correct revenue discrepancies to maintain accurate financial records.
  4. Compliance & Regulatory Duties:

    • Prepare and submit annual confirmation statements for all group companies.

    • Ensure compliance with UK tax laws, including PAYE payments and HMRC updates.

    • VAT registration for any new group companies, ensuring regulatory compliance as the brand expands.

    • Attention to Detail: Ensure meticulous accuracy in all financial records and reporting.

    • Consistency: Demonstrate reliability in maintaining high standards across all financial operations.
    • High-Performance Mindset:

    Professional Competencies:

    • Qualifications: Bachelor's degree in Accounting or Finance. ACCA, CIMA, or ACA qualification preferred.

    • Software Proficiency: Advanced skills in Xero and MS Excel.

    • Knowledge of UK Accounting Standards: Strong understanding of UK GAAP, IFRS, VAT, PAYE, and pension regulations.Department: Head Office
    Locations: London
    Remote status: Hybrid Remote#

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