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Group Financial Controller

Employer
Webster Business Services
Location
Corby, UK
Salary
Competitive
Closing date
May 26, 2019

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Job Role
Controller
Sector
Finance
Contract Type
Permanent
Hours
Full Time
Overview Working alongside the business and reporting to the Group Managing Director you will be an exceptional accountant with hands-on operation of the Group's finances being both commercially aware and advising on the best path of growth for the business. You will work closely with the Group Managing Director to manage the overall control and responsibility for all financial aspects of the Group's strategy and you will be expected to analyse figures and implement regular and consistent recommendations based on these findings with the most profitable outcomes. Duties To fully contribute to the development of the Group's strategy across all areas of the business, challenging assumptions and decision making as appropriate and providing financial analysis and guidance on all activities, plans, targets and business drivers. To ensure that the Group's financial integrity, systems and procedures are robust, compliant and that they support current activities and future growth. To lead on financial fraud prevention and detection and to annually report on such matters To manage and maintain fixed asset and depreciation records To ensure that all month end and year end reconciliations are undertaken in respect of all the Group's bank accounts and balance sheet control accounts. You will assist in the annual budgeting exercise including profit and loss, balance and cash flow predictions based upon Group business plans. To work with the Group Managing Director to co-ordinate the corporate finance and to manage the Group's policies regarding capital requirements, debt, taxation, equity and acquisitions etc. To provide the financial support/strategy that will both support the Group's strategic vision and those of our operating businesses. To work closely with the Managing Directors/General Manager to support and guide local operating controls and procedures to ensure that such practices meet the financial requirements of the Group. To supervise and oversee the processing and payment of the Group's weekly and monthly payrolls. To ultimately be responsible for the calculation of the Group's PAYE/NI liabilities ensuring that the processing payments to HMRC are undertaken in accordance with the statutory reporting dates. To ultimately be responsible for the calculation and payment of the Group's (five companies) VAT liability ensuring that payment is received by HMRC in accordance with the statutory reporting dates. To ensure the regulatory requirements of all statutory bodies are met. To provide leadership to the Board's Finance and Accounting strategy, optimising the Group's financial performance and strategic position. To take overall control of the Group's accounting function. To be responsible for the Monthly Cash Flow forecasting including a proactive approach, and when requested, to assist in the negotiating and supporting of our facilities i.e. ensuring that headroom/liquidity is maintained for the business. To ultimately be responsible for the Group's cash management policies. To ultimately be responsible for the Group's Cash Book reconciliations. To lead, motivate and develop the finance team. To work with the Senior Management Team to grow the business and to assist with the formulating of strategies and plans. Reviewing our costing models e.g. relevance of cost centres etc. To present the Annual Accounts to the Board/Shareholders etc. To establish a high level of credibility and work with the Group Managing Director to promote strong working relationships with external parties including customers, key partners, advisors and banks etc. To maintain and take ultimate responsibility on a daily and monthly basis for the reconciliation of the Groups Invoice Finance Discounting Facility including the drawdown of funds for each Group company thereby ensuring that monies into the Group's individual bank accounts coincide with payments that are needing to be made. (The current facility has a level of 'borrowings' currently set at over £2 million). To ultimately be responsible for ensuring that payments are made to the Group's principal suppliers in accordance with their terms and conditions thereby ensuring that the Group companies maintain regular deliveries to ensure that production is not compromised and that all customers' requirements are met. To oversee the Group's debtor insurance facility including the obtaining of limits required and ensuring that adequate insurance cover is in place for all debtors ensuring that any bad debts incurred by the company are notified to the insurance company in a timely manner. To ultimately be responsible for actively managing the Group's bad debt provision and to instigate the issuing of legal proceedings as necessary. To produce Management Accounting information for the Group's individual companies on a monthly and quarterly basis to include individual profit and loss accounts and balance sheets processing as well as a Group balance sheet. To be responsible for the preparation of the Group's Management Accounts to include comparisons of actual to budget and commenting on the important tasks of variances and why. To support the negotiating and reviewing/renewing of all accounts type contracts e.g. banking arrangements, invoice financing etc. To ultimately be responsible for the daily processing and maintenance of each individual Group company's Sales and Purchase ledger. To actively review, negotiate and maintain the Group's operating system (currently Opera based) alongside continual improvement by being aware of new technology/operating systems and being able to present cost efficient and effective alternatives. To work closely with our auditors on both audit and non-audit work. To support Group insurance cover and claims To foster a "Customer Care" culture in the finance department/s. To encourage, develop and motivate staff to promote close and cooperative working between the team and other departments To be ultimately responsible for the processing and updating of the Group's nominal ledgers in order that management information can be extracted in a timely and accurate manner. To work with credit agencies and suppliers to support the Group's credit rating. To ensure that banking functions throughout the Group are conducted in a timely manner. As and when required you will assist with the necessary support in liaising with the Group's Bank Managers/Relationship manager To be ultimately responsible for the upkeep of all employee details within the Group currently held on HMRC's database. To meet with the Group Managing Director fortnightly to discuss and report on period trading performance in real time sufficient for this to be available to the Operating companies/Managers. To assist in the maintenance of the CRM Sales interface with Accounts to give relevant and agreed transparency to the Sales effort. To analyse the financial climate and market trends to assist senior executives in creating strategic plans for the future. To interpret complex financial information and provide updates and information as needed. To seek out methods and practices to minimise financial risk/exposure. To continually review processes to enhance controls and create efficiencies through simplification and standardisation To undertake any such reasonable duties that may be required from time-to- time by the Company. Key Skills To be a qualified member of an accountancy body or holder of an equivalent qualification. To be commercially astute, articulate, technically strong, dynamic, insightful and an influential leader with the ability to operate at both strategic and operational levels. To possess exceptional communication skills at all levels. To possess strong IT skills, always being ahead of new technologies. To be aware of the strong commercial/sales culture that exists within the Group and to project this with all business contacts. To have the ability to handle high levels of pressure and critical decision making. To possess a calm and methodical approach to work paying great attention to detail. To operate with high integrity and openness combined with commitment to good governance. To be energetic, highly motivated, with an enquiring mind and passion for excellence and innovation in pursuit of business growth and success

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