Chief Financial Officer

4 weeks ago


Alton, Hampshire, United Kingdom Hampshire Recruitment Service Full time

About Our Client


Hampshire Recruitment Service is working with a thriving small to medium-sized enterprise based in Alton, Hampshire. The company is seeking a skilled Finance Manager to lead their financial operations.



Job Summary


This permanent hybrid role offers a salary of £46,000-£56,000 (DOE/Qualification) and benefits including increased holiday with tenure, enhanced maternity and paternity leave, and a health and wellbeing package.



Key Responsibilities:

  • Direct report - Part time Finance Administrator
  • Work closely with senior management to develop long-term and strategic business plans and organise new funding strategies
  • Provide financial insights to support decision-making and overall corporate strategy
  • Conduct detailed financial analysis to identify trends, variances, and opportunities for improvement
  • Payroll and pension administration
  • Prepare monthly, quarterly, and annual financial reports, including P&L statements, balance sheets, and cash flow analysis within established accounting guidelines and deadlines
  • Monitor and manage the organisation's cash flow, evaluating and mitigating financial risks related to it
  • Develop and implement cash management strategies to optimize working capital
  • Lead the budgeting process, ensuring alignment with company goals and objectives
  • Track and analyse expenditures, identify cost-saving opportunities, and implement measures to maintain budget adherence
  • Recommend budget adjustments based on performance metrics and strategic objectives
  • Understand and apply all financial legislation, requirements, regulations, and HMRC compliance
  • Keep abreast of all accounting practices, HMRC requirements changes, trends, and initiatives
  • Maintain compliance with PCI DSS and GDPR requirements where applicable
  • Keep up to date with technological and accountancy software as well as changes in the finance sector
  • Build upon key relationships with the bank, invoice financing, and merchant institutions
  • Work with Brokers and the business to gather and review renewal information for corporate insurance arrangements
  • Uphold, maintain, and recommend financial policies and procedures for the company
  • Work closely with the Sales team to understand the financial health of prospective clients, discussing payment options based on credit checks carried out
  • Conduct cost analysis including sales and operational
  • Responsible for initiating and managing debt recovery procedures where required
  • Complete quarterly VAT returns
  • Taxation planning in conjunction with company external accountant
  • Timely delivery of senior management reports and company dashboards
  • Streamline processes to increase efficiency and enhance data accuracy
  • Achievement of direct KPIs, collaboration, and participation on all indirect and interdependent senior team KPIs
  • Compile and issue sales information in line with fee proposals and company accreditations
  • Daily bank reconciliation of income and expenses
  • Assist in preparation of other general correspondence, forms, reports, and documents
  • Continually invest in personal development as a senior member of the team
  • Manage a Finance Assistant, supporting them to complete sales and purchase invoicing, credit control, and client queries
  • Establish clear objectives, set performance standards, and conduct regular performance reviews


Requirements:


The ideal candidate will possess a Master's degree in finance, business administration, or economics and be qualified ACA/ACCA/CIMA, QBE or PQ. A minimum of 5 years' experience in financial management demonstrating strategic thinking and analytical skills is also essential.



Skills and Abilities:



  • Proven ability to interpret data and confidently make and influence sound decisions based on evidence
  • Advanced proficiency in financial software (e.g., Xero) and MS Excel
  • Strong understanding of financial reporting and regulatory requirements
  • Strong written and verbal communication skills
  • Ability to work with other teams or individuals to resolve financial issues
  • Exceptional analytical, problem-solving, and organisational skills
  • Excellent communication skills with the ability to explain financial concepts to non-financial stakeholders
  • Detail-oriented with a commitment to accuracy
  • Strong leadership and interpersonal skills
  • High ethical standards and integrity
  • Personable and enthusiastic in your approach
  • Ability to work under pressure and meet tight deadlines
  • Reliable and committed team player, willing to help and support others where needed
  • People management experience, including 1-2-1's, performance reviews, and performance management
  • Experience working in a small to medium-sized organisation through a period of growth



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