Financial Operations Specialist

3 weeks ago


Derby, Derby, United Kingdom Hallmark Engineering Group Full time

Hallmark Engineering Group seeks a highly skilled Financial Operations Specialist to enhance its financial operations and provide critical insights supporting growth and strategic initiatives.

Key Responsibilities
  • Day-to-Day Transactional Responsibilities:
    • Accruals, Prepayments, and Month-End Close: Lead the monthly close process, preparing and reviewing accruals, prepayments, and journal entries to ensure timely and accurate financial reporting.
    • Accounts Receivable & Accounts Payable: Directly manage AP and AR processes, ensuring timely collections and payments, with a focus on maintaining strong vendor and customer relationships.
    • Credit Control: Implement and monitor credit policies to optimize cash flow and mitigate credit risk.
    • VAT Accounting: Manage VAT compliance and submissions in line with UK regulations.
    • Balance Sheet Reconciliations: Conduct monthly reconciliations to maintain accuracy and integrity in balance sheet accounts.
  • Management Responsibilities:
    • Sales Invoice Control & Governance: Oversee invoicing processes, ensuring efficient practices and governance to support revenue assurance.
    • Payroll Oversight: Coordinate payroll processes in collaboration with HR, ensuring accuracy and compliance.
    • Project Accounting: Track project costs, revenues, and performance metrics, ensuring alignment with project budgets.
    • Business Partnering: Collaborate with operational teams across Hallmark, providing financial insights to support informed decision-making and strategic planning.
    • Year-End Close & Compliance: Lead the year-end close process, preparing for audits and ensuring compliance with UK statutory requirements.
    • Cash Flow Forecasting and Optimization: Develop and maintain cash flow forecasts, implementing strategies to stabilize and optimize operational funding.
  • Management Information (MI) Reporting:
    • KPI Reporting: Generate and analyze financial KPIs to assess and communicate Hallmark's performance, offering actionable insights for improvement.
    • Variance Reporting: Perform variance analysis on actual results versus budget, identifying areas of deviation and potential improvement.
    • Process Documentation: Maintain thorough documentation of financial processes, supporting compliance, efficiency, and consistency.
    • Continuous Process Improvement: Recommend and implement strategies to streamline financial processes, increasing efficiency and accuracy.


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