Group Finance Manager; Internal

Group Finance Manager (Internal Staff Only)

Location

London, UK

Required

N/A

Status

Permanent

Position: Group Finance Manager

Internal Application and Selection Process
INTERNAL Applications (CV and cover letter) are invited from current Accounts Department staff who believe they have the relevant skills, experience and potential to perform the role. Application swill be assessed against the requirements set out in this job description,including technical finance knowledge, leadership capability, communication skills, attention to detail, reliability, ability to work with stakeholders,commitment to continuous improvement, and performance against agreed Balanced Scorecard objectives and personal development goals where applicable.

The Company may consider current capability, relevant experience, development potential and any training required to support transition into the role.

Reporting Line

The Group Finance Manager will act as the senior operational lead for the Finance function and serve as the primary liaison between the Finance Department andsenior management.

Core responsibilities

• Management accounts and monthly reporting.
• Accounts payable and receivable oversight.
• Cash flow, bank reconciliations and treasury controls.
• Payroll, expenses and supplier/customer finance queries.
• VAT, corporation tax support and statutory accounts preparation.
• Liaison with auditors,accountants, banks and senior management.
• Supervision and development of the finance/accounts team.
• Maintaining financial controls, approvals and compliance processes.

Strategic responsibilities

• Provide finance inputinto pricing, margin analysis and commercial decisions.
• Support budgeting,forecasting and business planning.
• Support Information and Compliance (ISO) committee when required
• Support acquisitions,integrations or group-level projects where required.

Key Responsibilities
The Group Finance Manager will be responsible for:

• Leading the day-to-day operation of the Accounts Department.
• Ensuring accurate and timely processing of accounts payable,accounts receivable, billing, credit control and supplier payments.
• Preparing monthly management accounts, cash flow reports, financial forecasts and budget updates.
• Managing bank reconciliations, payment controls, cash flow monitoring and treasury administration.
• Supporting preparation of VAT returns, statutory accounts,corporation tax information and audit schedules.
• Liaising with external auditors, accountants, banks, customers,suppliers and internal stakeholders.
• Maintaining appropriate internal controls, approval workflows and finance procedures.
• Supervising, supporting and developing Accounts Department staff.
• Providing finance input into pricing, margin analysis, contract review and commercial decision-making.
• Supporting finance system improvements, automation, reporting dashboards and adoption of new tools.
• Manage the monthly payroll process in conjunction with HR, ensuring all salary changes, bonuses, commissions, pension contributions, benefits, deductions and statutory payments are accurately processed and paid on time.
• Work closely with HR to ensure payroll records are accurate, compliant and properly authorised, including new starters, leavers, contractual changes and employee benefits administration.
• Ensure compliance with HMRC requirements, pension regulations and payroll-related statutory reporting obligations. Ensure a smooth and effective transition of responsibilities from the current postholder, maintaining continuity of financial operations and controls.

Requirements

• Significant professional experience in accounting, finance and budget administration with team responsibility
• Experience of leading banking relationships and associated financing/refinancing processes
  -given this organisation's funding requirements, this is a key area

Able to communicate confidently,influence constructively and challenge colleagues appropriately and respectfully at all levels of the business.

• Demonstrable experience of ability to apply conceptual, analytical and evaluative skills in accounting operations and to provide technical advice to senior management
• Strong customer orientation: able to establish and maintain strong partnerships with customers by gaining their trust and respect and to translate commercial requirements into a practical application within finance practices.

Success Measures
The successful candidate will be expected to demonstrate:

• Accurate and timely month-end reporting.
• Strong cash flow visibility and effective credit control.
• Reliable VAT, payroll, audit and…