Finance Manager

My client a Leisure, Hospitality and Catering organisation based in Watford are looking for a Finance Manager to join them and help take the organisation further forward. This is a great opportunity to work for a growing business and to have a real impact on a business as it progresses and moves forward.

Client Details

My client are in need actually due to growth and development within the remit of the current organisation. There has been a restructure and the Finance Manager will play a crucial part in the ongoing changes and improvements that are made.

They are expanding as we speak and have plans to continue doing so. As this occurs, the back office functions will need to grow and adapt with it, the finance team included.

The client have recently moved offices, they are now in a central location of Watford. It's a great building with space and capacity for company growth ensuring the business can stay there for the long run.

Description

This Position is a crucial one within the Finance Department some of the main duties and responsibilities are as follows

• Ensure company operates in accordance to all UK law requirements and with international accounting standards.
  

• Monitor the Company's accounting policies and procedures, and manage accounting processes and controls.
  

• Identify key financial components of assigned brand contracts. Monitor and advise brand management on fees, payment schedules and reporting requirements, to optimise franchise relationship. Assess impact of changes/application of legal/financial framework on accounting processes
  
• Decide fitness for purpose of policies and procedures, and recommends changes/process re-design
  
• Review, evaluate, and implement changes to policies and procedures and processes to benefit the Business.
  
• Develop and analyse business costing structure (variance, actual versus standard / brand or store trends / expenditure patterns / stock take results, etc.), and continuously monitors these against the approved Business Plan. Decide whether corrective action is required and should be reported on with specific recommendations
  
• Co-ordinate all financial activities within assigned brand accounts
  
• Propose solutions/practical changes in operation of financial systems
  
• Identify key relationships and best strategies to nurture/maintain them to the advantage of the Business
  
• Ensure transparent communication to/from business divisions and deliver financial objectives
  
• Develop channels for information flows, ensure understanding of contractual and statutory requirements, constraints and regulations, and build appropriate relationships within and outside the Business
  
• Review and report on business-critical information and make/recommend corrective action to internal partners
  
• Alert Operational, Brand and Finance Management to under- or over-performance, develop options for corrective action. Work with involved management to revise overall brand account servicing strategies, and/or to implement tactical financial solutions to maximise profitability. Decide range of financial corrective actions required.
  
• Reach agreement with involved managers on overall strategy / immediate actions to return profitability/brand account to acceptable/planned performance
  

Profile

The successful Finance Manager candidate will:

Ideally have Retail Business operations experience

Have a knowledge of Financial, commercial & UK regulation and international accounting practices knowledge

Ideally be studying for an accountancy qualification (ACCA/CIMA) or be QBE

Experience in medium to large FMCG/Retail multinational enterprise operating within the UK

Have great excel skills (V-Lookups & Pivot tables as a minimum

Be comfortable working in a business with no finance systems in place

Happy to supervise a member of staff

Job Offer

On Offer is:

• A highly competitive salary
• A brilliant working environment
• A growing business
• A competitive rate of remuneration