Finance Manager

Job Description

Company Introduction

Our client is an established company operating within the hospitality industry.

Job Responsibilities and Duties

• Oversee the overall financial management of the organisation, including accounting operations, financial reporting, budgeting, forecasting and internal controls;
• Lead the Finance Department, ensuring accurate and timely preparation of management accounts, financial statements and other financial reports;
• Develop and implement financial strategies, systems and procedures to support the organisation’s short- and long-term objectives;
• Prepare and monitor annual budgets, financial forecasts and business plans, analysing variances and reporting financial performance to senior management;
• Oversee the processing of financial transactions, general ledger entries, reconciliations and month-end closing procedures;
• Ensure the accuracy and integrity of accounting records and compliance with applicable accounting standards, including GAAP and IFRS;
• Manage working capital, including cash flow, stock, debtors and credit control, ensuring effective financial management;
• Monitor operational costs and identify opportunities to improve financial efficiency and reduce expenditure;
• Oversee payroll processing and payments to employees and subcontractors;
• Develop, review and maintain internal financial controls, policies and procedures to ensure compliance and minimise financial risks;
• Ensure the timely preparation and submission of corporate tax, VAT and other statutory returns, in accordance with applicable regulations;
• Support the development and implementation of the organisation’s corporate tax strategy;
• Lead the implementation and ongoing development of the ERP system, working closely with IT to ensure effective financial reporting and system functionality;
• Manage, supervise and develop the Finance Department, providing guidance, training and performance feedback;
• Collaborate with senior management and other departments, providing financial advice and supporting operational and strategic decision-making;
• Manage relationships with external auditors, tax advisers, banks, insurance providers and other relevant stakeholders;
• Oversee insurance-related matters, including the management of claims;
• Identify opportunities to improve financial processes, strengthen risk management practices and enhance overall departmental performance.

Experience

• A minimum of 3 years of experience in a similar financial management role;
• Fully qualified ACCA certification is mandatory;
• Proven experience in leading, managing and developing a team;
• Previous experience within the hospitality industry would be considered an asset;
• Strong knowledge of financial accounting, management reporting, budgeting and forecasting;
• Good understanding of GAAP, IFRS, taxation and applicable financial reporting regulations;
• Experience managing financial operations, internal controls, cash flow and working capital;
• Experience working with ERP systems and financial management software;
• Strong computer literacy and proficiency in accounting and financial reporting systems.

Personal Skills

• Strong leadership and people management skills;
• Excellent analytical and problem-solving abilities;
• Strong organisational and time management skills;
• Excellent communication and interpersonal skills;
• Strong attention to detail and accuracy;
• Commercial awareness and sound financial judgement;
• Proactive and results-driven, with the ability to identify opportunities for improvement;
• Adaptable and capable of working in a fast-paced environment.