Financial Controller
1 week ago
REED Accountancy & Finance are excited to be working with a well-established local business here in the North-East who are seeking to hire a 'Financial Controller'.
The individual will report directly to the Managing Director and take full responsibility for the day-to-day running of the Finance department
The opportunity has arisen due to the retirement of a long standing member of the accounts team, and the Directors want to use this opportunity to bring in a highly motivated individual to update and automate the Finance department’s processes and controls.
**Responsibilities**:
Managing all finance and accounting operations including:
- Managing the accounts system and ensuring accurate financial data
- Billing and credit control
- Purchase ledger and supplier payments
- Payroll management and compliance with PAYE requirements
- Month-end balance sheet reconciliations and preparation of management accounts
- Margin and variance analysis
- Create and submit VAT returns via MTD, including used motorhome margin scheme calculations
- Management and supervision of two Finance team members
- Management of external audit queries and liaison with company accountants and tax advisors on matters throughout the year
- Work with operational management to review and support day to day running of the site
- Improving the Finance process and control environment with a focus on automation
- Preparation and review of budgets
- Cashflow monitoring and management
Wider duties including:
- Assisting the Managing Director with review of commercial agreements and contracts
- Management of external relationships including bank, auditors/accountants, insurers, pension providers, stocking loan providers, vehicle warranty providers
**Requirements**:
- Qualified ACA, ACCA or CIMA
- Must be a hands on individual, preferably with exposure to an SME environment, and ideally experience in automotive sector
- Strong accounting skill set, ability to manage and supervise direct reports, and commercially astute
- Must be highly motivated and with a strong desire and ability to drive process and control improvements and automate the Finance function
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