Financial Controller
Reporting to: Managing Director
Purpose of the role:
Responsible for the management and delivery of all finance functions, including the preparation of statutory and management accounts, tax & payroll. Working alongside the MD, the role will contribute to the overall business strategy and is directly accountable for the creation and delivery of the associated budgets & delivery of the business’s financial strategy.
The role also has significant operational responsibilities that include property, insurance, and IT. The role has a direct budgetary responsibility for overhead suppliers, as well as being responsible for all financial regulatory processes and procedures, including GDPR and PCI.
Planning, Strategy & Budgetary Responsibilities
- Working alongside the MD, contribute to the overall business strategy and growth plans
- In accordance with the business strategy and growth plans; lead and deliver the financial strategy for the business. Includes but not limited to:
- Stock holding management.
- Capital expenditure forecasting.
- Funding proposals.
- Creation and delivery of key financial metrics for the business.
- Cash flow forecasting and management.
- Manage the companywide budgeting & forecasting processes.
Reporting
- Oversee the accurate production of all weekly, monthly, quarterly, and biannual reports with insightful comments and improvement suggestions, where appropriate.
- Generate meaningful, monthly P&L’s with insightful commentaries where appropriate.
- Provide statutory accounts to audit standard within a month of year end.
- Produce reports for the MD and Management Team, undertake one off projects to aid decision making.
Processes
- Continually review the financial control environment and make changes where appropriate.
- Control the balance sheet and ensure accurate recording of all transactions.
- Timely completion of VAT returns.
- Timely and accurate completion of all payroll processes, including holiday, sickness pensions and statutory returns.
- Ensure compliance with all financial and regulatory requirements.
Operations
- Responsible for the on-going management of our property portfolio, ensure that we comply with all statutory requirements within our leases.
- Manage the lease renewal process.
- Manage the trademark registration process.
- Accountable for the stock valuation of the business, ensure that all processes are completed accurately and on a timely basis.
- Manage the insurance renewal process
- Ensure company-wide compliance with PCI requirements.
- Act as GDPR data controller and ensure compliance in the business with its requirements.
- Ensure our IT infrastructure is fit for purpose, troubleshoot (with support of service providers) any problems and develop our future capabilities
- Champion our environmental standards
Overhead Supplier Management
- Accountability for the creation and delivery of the overhead’s budget for all sites.
- Sign-off on and/or lead negotiations of all overhead contracts/services
- Negotiation of service level agreements and the management of service supplier performance
Relationships
- Lead, manage and develop the accounts team
- Member of the Management Team
- Develop pan business relationship with all relevant service suppliers
- Key relationship manager with HMRC, auditors, tax advisors, bank, insurance and other external providers.