Finance Director

Our client specialises in helping their partners communicate their sector’s value, win government support, access new markets, attract investment and amplify their R&D programmes to drive the growth of sectors that will most contribute to a sustainable world. They are now looking for a Finance Director to join their growing team.

Salary: £58,000

The Role

The Finance Director is a key role in the leadership team, working alongside the other SLT members to drive income growth and ensure a sustainable business. With the leadership team, the role contributes to the strategic direction, business planning, management, policies and care of staff and the operational effectiveness of the business in line with company visions and objectives. The Finance Director is responsible for the delivery of timely and accurate financial information, budgeting, financial accountability and providing strategic insights through data analysis. The role plans, directs and organises all financial and accounting aspects through management of the finance team, ensuring efficient processes with appropriate financial controls.

Responsibilities

Senior Leadership Team Role

• As member of the SLT, contribute to the overall leadership of the company, attending weekly SLT meetings
• With SLT, determine & set business strategy & direction, and team structure
• Report to the Board of non-exec directors on the financial performance of the business, ADBA & WBA
• Review & negotiate financial provisions in contracts prior to sign-off
• Approve internal Project Initiation Documents (project approval forms) with CEO & COO
• With COO, determine operational initiatives required to deliver business strategy
• Interviewing other potential new SLT members as required

Finance Role

• Providing the company with analysis, data and business insight
• Preparation of annual budgets and ongoing proactive management
• Overseeing the preparation of management information and reporting forecasts and actual results (P&L and cash)
• Overseeing production of the statutory accounts and their submission to Companies House
• Responsible for statutory reporting and compliance (annual accounts, VAT and corporation tax returns, ONS, etc)
• Preparation of (Windward Fund, Horizon & Innovate UK) Grant applications for funding, submission of financial reports to grant bodies per grant requirements and grant drawdowns
• Design & implementation of management reporting & forecasting system to replace Excel (Fathom) including development of financial KPIs
• Design and production of new management reports & board reports
• Build and maintain excel Sales dashboard used to record all sales, reporting against budget and prior year
• Preparation & Submission of bank loan applications
• Cashflow monitoring to ensure sufficient funds, and manage investment of surplus funds in interest accounts
• Oversee cash management, debt collection and preparation of cash flow forecasts
• Bank signatory and manage bank relationship
• Review payroll & sales commission calculations prepared by Accounts Assistant
• Pension administrator
• Developing and monitoring finance procedures and policies
• Implement finance process improvements
• Create quarterly sales targets, sales target reports and, with Sales Director, design sales commission structure
• Liquidation and wind up of Green Gas Trading Ltd

Within current role but to move to management accountant once recruited:

• Monthly reforecasting & consolidation to create management reports (P&L and cashflow, budget vs actuals, YOY data)
• Preparation of annual budgets (Management Accountant to assist)
• Statutory reporting – preparation and filing of annual year end accounts (4 companies)
• Corporation tax – preparation and filing of year-end tax computations & returns (4 companies)
• Review quarterly VAT returns prior to submission (4 companies)
• Review monthly GL reconciliations & cash actuals prepared by Accounts Assistant
• Approve payments of invoices, expenses, payroll, taxes in online banking
• Other financial analysis and reconciliation as required

Additional Responsibilities

• Lead on Workbooks CRM redesign project. To include in Phase 1 redesign organisation & people record pages to capture required implementation; creation of AD plant record to replace excel spreadsheets, implementation of contract & events modules to replace excel and increase productivity for membership & events team; integration with Quickbooks.
• With COO, design & implement system processes & procedures to ensure efficient ways of working across the organisation and deliver business improvement initiatives
• Company secretarial duties (filing of confirmation statements, changes to head office & directors, GGT share register)
• Manage insurance renewal process and procurement of insurance

Team leadership responsibilities

• To support and lead the Finance team to ensure that they are appropriately motivated and trained and that they carry out their responsibilities to achieve the highest standard of service
• Recruitment, training and development of the Finance team
• Conducting regular one to ones with staff offering support, advice and regular feedback
• Conducting annual performance reviews

HR responsibilities (carried out only when there has not been an HR Manager in place):

• Management of annual performance review process: ensure it takes place, collate & review appraisals, drive training requirements identified in appraisals
• Leading Head of HR recruitment & handover
• Carry out salary reviews & benchmarking
• Carry out staff surveys & stay interviews
• Visa sponsorship: administrator for GOV.UK Sponsorship Management system, responsible for the business as a sponsor and sponsorship applications for new employees
• Setting up Employer of Record for overseas employees if required
• Engaging with external lawyers to create short term contracts
• Sourcing & implement new & global payroll providers
• Updating & creating HR policies & processes e.g. new performance review process, remuneration policy
• Setting new employees up for payroll & pension
• Carry out performance management conversations
• Employee contact

Minimum Qualification

• ACA, CIMA or ACCA qualified accountant with strong experience

Please get in touch with the team on 02085497212 or submit your CV using the link below