Finance Manager

Salary: £40,000 to £50,000 per annum + Excellent benefits

My client, based in Ilminster, is currently recruiting for an experienced Finance Manager for a long 18-month initial contract.

Job Description:

• Provide line management and leadership of the Finance team.
• Motivate and lead finance team members by clarifying roles and providing helpful feedback.
• Maintain, control, and optimise the ERP system for all financial and business processes.
• Create systems to prevent errors in data collection and calculations.
• Prepare timely monthly management accounts for DIBE and submit results to Head of Finance for review.
• Review DME monthly management accounts in accordance with accounting policies.
• Manage company cash flow through monitoring transactions and by reviewing analysis to improve cash management in the company.
• Process the reporting of DME monthly accounts to the DMJ system to forward reporting onto Japan.
• Ensure that all financial transactions are properly recorded, filed, and reported. This includes sales, purchases, payroll, and all nominal ledgers.
• Manage Credit Control ensuring there are customer credit checks, setting credit limits, monitoring of aged debts, and collection of outstanding amounts.
• Manage Finance team routine activities including payroll generation, staff expenses, P11Ds, PAYE settlement agreements, and reconciliations. Ensuring adherence to HMRC regulations.
• Maintain control accounts including Sales Ledger, Purchase Ledger, PAYE, and VAT.
• Reconcile GRNI monthly.
• Provide technical support and advice to all on-site companies regarding VAT and PAYE.
• Develop and improve financial systems and management information.
• Main contact for annual audit transactions for DIBE and DME.
• Prepare annual statutory accounts documentation for Audit purposes.
• Maintain internal controls across the business and foster a culture of process improvement.
• Assist the Head of Finance to coordinate and enforce systems, policies, and procedures.
• Maintain a safe and secure work environment.
• Maintain professional and technical knowledge by attending educational workshops, reviewing professional publications, establishing personal networks, and participating in professional societies.
• Contribute to team efforts by accomplishing related results as needed.
• Assist Head of Finance on projects including Costing, integration with new ERP system, and process improvements.

As a term of your employment, you may be required to undertake such other duties as may reasonably be required of you in the post and department mentioned above or in a comparable post in any of the Company's other departments.

Person Specification:

Qualifications/Education standards and level of skills:

CIMA/ACCA qualified / QBE

Knowledge and Skills:

Essential:

• An Accountant with significant experience in fulfilling the complete range of financial management processes.
• An understanding of the complexities of finance management within an international Group is preferred, ideally with some experience within the manufacturing sector and foreign currency transactions.
• A strong IT skill set is essential including previous experience of Information Systems Management, in which you will have gained knowledge of ERP system implementation and optimisation.
• Strong communication and interpersonal skills.
• Critical thinking, sound problem-solving skills, analytical skills, and use of initiative.
• Experience in effectively managing a small team.
• Strong personal organisation skills are required with experience in meeting regular accounting deadlines.

Meridian Business Support is a recruitment specialist acting on behalf of our client as an employment agency for this vacancy.