Finance Director

Finance Director

Location: Lincoln

Salary: Competitive salary & bonus & car allowance

The role of the Finance Director will be to manage all day-to-day financial processes within a growing SME, including cashflow management, foreign currency transactions, banking relationship, forecasting and all statutory requirements. As Finance Director, you will manage a small finance team and also manage the operations in the MD’s absence. Experience of not only financial, but operational management, with an emphasis on people management being a key factor in this role. It is essential therefore, that you are able to manage, engage with and inspire a large team within a fast-paced organisation.

The role of the Finance Director would suit a progressive and dynamic individual with the ability to grow companies and who is looking to continue their career in a fast-moving role.

The role of the Finance Director

• Produce monthly Management Accounts and Management Information and present to senior management in a timely and accurate manner
• Production of sales and margin analysis and to highlight to the Managing Director areas of concern and underperformance
• Attending weekly meetings with senior management to report the position on all aspects of company finances, sales, cash, stock etc
• In conjunction with the Commercial team ensure that sales forecasts and budgets are prepared in a timely manner and that these projections are incorporated accurately in the company’s overall financial budgets
• Analyse and review sales and margin performance on a monthly basis
• To produce profit and loss, balance sheet and cash budgets and forecasts within 10 working days of each month end
• Exercise tight cash control through management of invoicing, debtors, returns and debit notes. Ensure that at all times there is an up-to-date forecast of future cash flow and highlight to the Managing Director if at any point the cash is forecast to be less than expected and in particular, remains within the agreed lending facilities.
• Maintain close control of all customer discounts, rebates and commissions. Ensure that they are consistent with the figures budgeted.
• Work with product development and purchasing staff to forecast stockholding by line throughout the financial year
• Prepare quarterly VAT returns and review monthly import VAT and duty payable. Ensure that VAT is always paid by the due date.
• Ensure that the company’s annual accounts are produced accurately and in a timely manner. Also, that the audit file is completed within 4 weeks of the year end to ensure that the audit can commence and be completed within the month of February each year.
• Submit details of hours worked by works staff and other relevant details for other groups to external payroll agency. Ensure that PAYE/NIC payments are always made by the due date.
• To manage and maintain the banking relationship and all the reporting for them is made in the time frame required
• Contribute to the achievement of the company’s business objectives by providing advice and guidance on financial strategy

The ideal candidate for Finance Director

• Degree level education
• Qualified member of an accountancy body
• Minimum of 5 years post qualification experience
• Have a proven track record in Financial Director/Financial Controller roles, being both technically and commercial strong

To Apply

If you feel you are a suitable candidate and would like to work for Benjamin Edwards, please do not hesitate to apply.