Finance Manager

Working hours: 35 hours per week, Monday to Friday

Duration: Permanent 

Location: Newcastle (hybrid working of 2 days working from home per week available upon successful completion of probation)

Lycetts Insurance Brokers, who are proudly part of Benefact Group, are looking for a Finance Manager to join our Newcastle office.

As a Finance Manager, you will manage the financial processes, systems and controls to ensure integrity in the finance outputs. Within you role, you will manage a team to maintain and monitor compliance with all financial practices, procedures and systems relating to FCA, HMRC, accounting standards, statutory, CASS audit, money laundering and Financial Crime Regulations.

Join a collaborative and inclusive culture that's committed to making a difference and building a more sustainable future. Ranked amongst the UK's top 50 Best Large Companies to Work For in 2024, we offer fantastic career and development opportunities within a rapidly growing, innovative Group — where all profits go to charity and good causes.

• Provide senior management with complete and clear Management and Statutory accounts, including detailed figure explanations.
• Ensure adherence to CASS rules for client money, and oversee compliance with HMRC, statutory, and other financial regulations.
• Maintain precise records of all income, expenses, payments, and purchase ledger activities in line with accounting standards.
• Train accounts staff on company procedures and relevant financial regulations to ensure departmental competence
• Lead all financial audits and act as the primary contact for external bodies like HMRC and the EIG Group Finance team.
• Manage BACS payments, bank queries, and ensure timely allocation of client funds and insurer/supplier payments.
• Coordinate payroll, bonuses, and commissions, and collaborate with account teams to manage credit control effectively.

• Minimum qualification – ACA, ACMA, ACCA status.
• Demonstrate specialist expertise/reputation as a leader in their field.
• Demonstrate appropriate IT skills.
• Confident and influential communicator with the ability to negotiate at all levels.
• The ability to build and manage co-operative and productive relationships.
• Take an active role in company initiatives outside their own office or business unit.
• Able to take on a people management responsibility, including supervision, from both a regulatory and sales perspective.
• Owning and managing third party relationships.
• Managing operational aspects of their division as relevant.

• A competitive salary - let's discuss it
• Hybrid working available upon successful completion of probation
• Employer pension contribution of 5% rising to 10% after years membership of the pension scheme
• Annual Bonus scheme (Discretionary based on individual and company performance)
• Life Assurance cover up to 4 x salary
• 25 days annual leave plus bank holidays (rising to and 27 for 5 and 10 years' service respectively)
• Career development opportunities with funded support and financial incentives for all professional qualifications.
• An Employee Assistance Programme with a wide range of benefits helping employees to stay healthy and feel supported.

The Lycetts Group has over 60 years' experience of providing a comprehensive range of insurance, risk management and financial advice to a broad cross section of commercial and private clients. We strive to be a trusted adviser to our clients and are proud of our continued high client satisfaction scores.  

Benefact Group is a unique international financial services Group made up of over 30 businesses. We are owned by a charity and have been the 3rd largest UK corporate donor over a decade*, having given away £250 million since 2014. We have ambitious plans to become the UK's number one corporate donor, with strategic objectives in place to double the Group's size.

We believe it's essential to attract, empower, grow and reward talented people, offering fantastic opportunities for career and personal development. Our giving ethos, 135-year history and the diversity of what we do, has enabled us to build a culture of kindness, great ambition, and of passionate people driven to do better and be better.

At Benefact Group, we are committed to creating an inclusive culture and building an environment where each and every one of us feels valued and respected. We are a community made up of people with a range of different backgrounds, abilities, perspectives, beliefs and interests and we value the strength this brings to us as a Group. We welcome applications from everyone.

If you need any additional support during the recruitment process, then please let us know.

*Directory of Social Change's UK Guides to Company Giving