Finance Manager

Job Overview:

Finance Manager
Location: St Leonards on Sea, East Sussex

The Role
SME in manufacturing based in St Leonards on Sea, East Sussex with around 30 employees is seeking the right individual to oversee the company's day-to-day accounting operations, ensure accurate financial reporting, maintain internal controls and compliance, support working capital management through control of Accounts Payable and Accounts Receivable and ensure payroll is processed correctly.

Reporting, Location & Travel
This is a full-time, office-based role reporting to the Head of Finance.

Key Responsibilities
Responsibilities include, although are not limited to the following:
Day-to-Day Oversight of Finance Function:

• Provide day-to-day management of Accounts Payable, Accounts Receivable and bank processing.
• Working with Head of Finance, to include liaising remotely via Teams and/or phone when Head of Finance is working offsite.

Production of Weekly & Monthly Reports to Group Board Level:

• Produce weekly updates on key financials and overview of working capital position.
• Produce monthly accounts with control of accruals management, inventory and scrap processing, and product margin review.
• Opex and Capex review and analysis versus budget to provide key stakeholders with overview of performance during the year.

Control of the Working Capital Position:

• In charge of Accounts Receivable and working with Sales team to maintain the debtor position at an optimum level.
• Manage the Accounts Payable process and work with Supply Chain team to ensure AP is processed correctly and suppliers are paid to the correct timescales.
• Working with Operations team to ensure inventory processing and reporting is accurate and is driving towards ensuring optimum levels of inventory are held.

General Financial Control:

• Chart of accounts maintenance on the ERP and subsequent management of how that flows into the monthly P&L, balance sheet and cashflow.
• Overview of insurance policies and management of annual renewal process.
• Collaborating with the external auditors for the annual review and other ad-hoc requests from ONS and HMRC.
• Oversee the monthly payroll process and ensure employees are paid accurately and on time.

Relevant Skills & Competencies
Successful candidates should be able to demonstrate the following relevant skills and competencies:

• Attention to details is essential, as is the ability to manage, coordinate and prioritise own workload to meet the necessary deadlines and targets associated with the role, including weekly and monthly deadlines.
• Strong financial analysis skills are essential to the role.
• Ability to work and communicate remotely with the Head of Finance and Group CFO is key due to dispersed nature of the Group Finance team.
• A continuous improvement mindset is also key and a willingness to review, critique and drive efficiencies in all aspects of the role are preferred.

Relevant Knowledge & Experience
Candidates should assess their suitability against the following essential and/or desirable requirements:

• Candidates will ideally hold a degree in accounting/finance or a professional accounting qualification such as AAT, ACA, ACCA or CIMA.
• Candidates should have demonstrable experience in the role of Finance Manager and/or Financial Controller, with a broad range of Finance function skills and regulatory compliance knowledge.
• ERP experience is essential to the role.
• Candidates from a manufacturing background are preferred, although this is not essential.

Employee Benefits
In return for a rewarding and fulfilling career, successful candidates can look forward to receiving a competitive salary, plus the following employee benefits:

• Holiday Entitlement: Employees receive 25 days annual leave each year for use between January and December, in addition to Bank Holidays.
• Pension Scheme: eligible employees will be automatically enrolled into the company's Group Personal Pension Scheme after completing three months' service, with contributions made at 6% Employer and 2% Employee.
• Group Life Assurance: Employees are automatically enrolled into the Company's GLA scheme which pays 4x salary in the event of death in service.
• Income Protection: the Company provides an income protection scheme which pays up to 75% of an Employee's basic salary in the event of sickness or disability.
• Employee Assistance Programme: the Employee Assistance Programme provides free access to a confidential helpline for immediate help and support with any issues for Employees and their family, whether work related or personal.
• Private Healthcare: Employees are eligible to join the private medical insurance (PMI) scheme after 3 months service, with the company paying the full premium of single cover membership for employees.

Full details of the Employee Benefits are available upon provisional offer of employment.

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