City of London
£72,000 - £82,000
Design Studio working on both UK and International projects is on the hunt for a Finance Manager to join their 60 strong team. This is a vital role for the company, and you will be key in supporting the senior management team and make an immediate contribution to business growth, project profitability and the smooth & effective running of the business and their financial operations. Must be a qualified Accountant.
You will be highly numerate, an exceptional communicator and a relationship builder. Reporting directly to the CEO and Senior Directors, this position requires the delivery of accurate monthly management accounting reports and the preparation of audited accounts and associated financial returns. This demands a working knowledge of specialist software and a capacity to prepare financial data that supports strategic and tactical decision making.
The post will suit an individual with an understanding of the dynamics of an ambitious small business, the demands of a lively design, architecture or creative studio, and a willingness to attend to the challenges of working in a fast-moving environment.
You will be responsible for
Financial Management and Analysis
Forecasts & balance sheets
Project and job profitability analysis
Utilization reports & variance analysis
Monthly Cashflow forecast backed up by daily cash balance reports and making recommendations and implementing foreign exchange hedging decisions
Statutory Responsibilities and Compliance
Audit and statutory accounts preparation - London and International Office
Payroll related returns and compliance
VAT related returns and compliance
Pension related returns and compliance
Finance Systems and Processes
Finance policies and procedures – oversee and produce.
Ensuring accounts system (Paprika) is being used correctly and that all new functionality is adopted and communicated
Awareness and use of all portals relating to HMRC/Pensions/Banking
Supervision and Authorisation
Overview of the purchase invoice and expense processing and payment cycle
Ensuring that correct sign off has been completed for all financial transactions
Online payment authorisation and review of balance sheet reconciliations
Development and management of Management Accountant
Training on more complex accounting concepts
Supervision of Management Accounts production
Ensuring fee schedules are in place for live projects
Issuing all sales invoices directly to clients on a monthly basis or more often if necessary
Provide reports and analysis of overdue debtors.
Reviewing reimbursable expenditure spent on projects and insuring invoices are raised to the client to cover agreed costs (monthly).
Working with the Operations team and Project Management as well as the Design Directors to ensure there is a full understanding of resourcing
Providing the Directors (Creative and new business directors) with abbreviated financial information
Promoting an understanding of the relevance of good financial control within the company including the importance of timesheet and expense completion
Works with HR Lead on Benefits, Payroll, Invoice sign off, staff costs, recruitment forecasting and reporting.
You will work with the external Accountants and Auditors, HMRC, Paprika, Sage, Aegon (pensions), as well as dealing with Foreign Currency Agents – at the bank and with brokers
Your skills and experience:
Fully qualified Accountant - ACA or ACCA
Experience within the Architecture, Design or Creative Sector
Managed monthly balance sheet reconciliations
Managed production and analysis of financial analysis
Managed accounts receivable function and accounts payable functions
Successfully managed audit and statutory accounts preparation internationally
Experience in using financial systems to automate processing and reporting.
Strong analytical skills in financial analysis, cash flow analysis and ability to furnish timely and accurate financial information
Please apply in confidence today!