A Service Industry business , based in Central London is looking for a Financial Controller to join their team. The FC will report into the part-time Finance Director (FD) and will manage a full-time bookkeeper.

It is a key requirement that the right candidate will have strong systems implementation / change experience.

The finance accounting system used is Xero. The main payroll scheme is run on Sage Payroll and there are about 330 staff processed. Two other small schemes are also run on Xero. All staff are paid monthly.

The FC will be responsible for the overall day to day running of the finance function, cash management, and accuracy and timeliness of reporting.

The key components of the role are shown below:

• Oversee Accounts receivable (AR) and payable (AP) -  Most of the transactions are initially handled by the bookkeeper.
• Lead on credit control by working closely with the bookkeeper, sales team and customers.
• Cash management
  
• Work with bookkeeper to ensure all bank accounts are reconciled.
  
• Produce a weekly cash forecast.
  
• Ensure accuracy of accounting statement by entering all necessary accounting transactions such as accruals, depreciation, prepayments etc.
  
• Reconcile balance sheet accounts and key P&L accounts each month.
  
• Produce monthly management accounts 
  
• Produce a consolidated monthly management account
  
• Ensure payroll is processed 
  
• Produce the annual accounts to TB and liaise with external accountants and auditors if required to ensure the accounts are accurately produced and filed on time.
  
• Ensure obligations and liabilities are fulfilled including filing statutory returns and payments, e.g. VAT and PAYE.
  
• Work closely with the FD to ensure all the relevant information is available to oversee the finance function and ensure the businesses meet their financial targets.
  
• Work closely with other people in the business so that they receive the information and support they need to perform they roles. 
• Adhoc tasks to support the running of the finance function and group of companies.

• Qualified Accountant (ACA/ACCA/CIMA) - will consider part qualified
• Experienced FC. It is expected that this will include experience of being an FC in another SME ideally in a service-related business.
• Some of experience of using Xero is preferable.
  
• Credit management, i.e. chasing customers for payments, and judging supplier payments.
  
• Someone with payroll processing experience. In depth experience and understanding processing payroll is not required but some experience and understanding of the characteristics of payroll scheme processing is desired so that it can be managed, and ad-hoc questions answered.
  
• A clear understanding of financial control processes.
  
• Experience of approving and making banking payments.
  
• Experience of Sage payroll is an advantage but not essential.
  
• Proficient user of MS Excel principally to work with the management accounts files.
  
• Good verbal and written communication and interpersonal skills to be able to interact with people internally and externally.