Job Title:
Finance Manager
Responsible To:
Managing Director
Context:Industrial Safety Services (ISS)specialises in providing safety process, measurement, and control products and services, with a global presence in industries including Oil & Gas, Power & Energy, and Pharma. To continue and enhance our growth we are seeking a seasoned Finance Manager with in-depth financial knowledge, strong analytical skills, IT proficiency, and excellent communication abilities. Our Finance Manager will be responsible for overseeing the financial health of the business, guiding financial decisions, and ensuring compliance.
Primary Purpose Of The Job: As Finance Manager, you will manage the day-to-day functions of the finance department including accounts payable, accounts receivable, credit control, bank reconciliation, production of KPI reports and monthly and year-end management accounts. The ideal candidate will have a proven track record of managing financial activities, implementing financial strategies, and providing insightful analysis for data-based decisions. Salary is dependent upon experience (DOE)
Main Areas Of Responsibility:
Key Responsibilities:
Finance Manager
- Have a hands-on approach to the day-to-day aspects of the finance function
- Directly handle the Accounts Payable and Accounts Receivable processes
- Credit control including monthly aged debt analysis
- Prepare and submit VAT returns including MTD
- Preparation of the monthly management accounts, including KPI reporting and detailed commentary to explain key trends, for review by the Senior Management Team
- Produce regular reports for analysis at Management meetings, including monthly analysis of actual and vs budget per department
- Work to optimise financial performance and achieve business objectives.
- Produce the annual budget for the business
- Produce year end Accounts and liaise with External Accountants to ensure filing of Statutory Accounts and Statements
- Manage Cash Flow of the business including accurate Cash Flow forecasting
- Management and posting of month end accruals, prepayments and journals
- Maintenance of the fixed asset register and making the required postings to the finance system on a regular basis
- Review of the balance reconciliation at month end and timely resolution of any errors.
- Monthly Balance Sheet reconciliations
- Lead and motivate the finance team
- Ad-hoc finance duties
- Participate as an active member of the wider ISS Team
- Ensure all data and information relating to areas of work are managed and maintained in line with data protection regulations (GDPR) and ISS protocol
Other:
- Undertake such training and personal development that is identified by ISS through its annual review to ensure your own personal CPD remains current
- The role holder may be required to undertake any other duties reasonably required within the nature of the duties and responsibilities of the role, subject to the proviso that normally any changes of a permanent nature shall be incorporated into the job description in specific terms
Personnel Specification
Finance Manager
Essential
Qualifications & Experience
- Educated to Level 5/6 in Accounting Practices (or working towards)
- OR demonstrate significant knowledge in accounting, governance, and financial reporting
- Strong financial accounting experience in a similar role
- Knowledge of MTD
- Experience using an accounting software
- SAP B1 experience is preferred but not essential
- Experience in planning and organising several projects, prioritising and scheduling tasks to cope with conflictingdemands and deadlines, paying attention to detail and managing records effectively
- Excellent level of IT literacy with demonstrable experience of Microsoft Office
- Advanced level Excel skills
- Ability to work across virtual teams, using a variety of multiple online tools such as Microsoft Teams, OneDrive and Sharepoint
- Experience of working with minimum supervision
- Understanding of the principles of data protection and how to manage confidential records
- Experience of managing confidential information in an open-plan working environment
Essential Personal abilities and qualities
- Excellent written and oral communication skills
- Accuracy and attention to detail
- Ability to use initiative and work independently in a pro-active manner with minimal supervision
- Excellent problem-solving skills
- Effective planning, prioritising and organisational skills with the ability to work under pressure,to agreed timescales and within delivery standards
- Flexible, adaptable and responsive to changing duties and working practices
- Experience of working in a team environment to achieve common goals
- Must have confidence in dealing with a wide range of professional stakeholders both internally and externally
Desirable Qualifications & Experience
- Working knowledge of SAP B1 package
- Experience of international trade (FX and Banking)
- Experience in dual jurisdiction VAT Returns (GB & ROI)
- Experience in inter-company trading
- Experience of line managing staff
- Knowledge of online selling and/or working in industrial health and safety environments
Skills:
Financial Accounting Financial reporting Accounting responsibility VAT reporting Commercial Accounting Excel Advanced Monthly Accounting