Group Financial Controller - Eastleigh but remote / flexible working offered
15 Nov 2022
Fire / Security £65,000 (flexible and remote working)
New key role: Group Financial Controller
Package: £55,000-£65,000. Flexible and remote working offered.
Prospects: development opportunity to FD, which offers EMI scheme
Our client is a growing group of independent fire and security related businesses. Their ethos is to acquire small well-run businesses in the sector, and to enable them to grow as part of a family of like-minded businesses.
Founded in 2020 by a dynamic team of investors and entrepreneurs, the group now boasts 7 growing subsidiaries.
The strategic business plan involves an acquisition phase to end-2023, followed by an integration phase where the businesses are more deeply combined.
The CEO currently doubles up as the acting CFO.
This vital new role will sit between the Group board and the 7 subsidiary finance teams. Each subsidiary has its own internal bookkeeper/finance manager – these will report into the new Financial Controller. The role reports directly to the CEO.
Support on MI and year end/tax is always available from group auditors.
Implement standard financial operating systems and procedures for each subsidiary
Align accounting policies and reporting (e.g. revenue recognition)
Align systems across group (currently mix of sage, xero and quick books) probably to xero
Help determine where accounting resource is best placed across the group
Help implement a group consolidation and MI system (use of “Fathom” is underway) and generate relevant and timely MI
Help integrate finance systems to other operational systems as required
Support CEO (who is a qualified accountant) in special projects regarding synergies, purchasing optimisation, margin control etc.
Monthly reporting and consolidation
Monthly inter-company reconciliations and invoicing
Assist in budgeting and forecasting and cash management
Help manage central treasury needs
Identify and implement efficiencies in finance
Support acquisition activity and help quickly embed financial reporting for all new acquisitions
Own year-end accounts and tax processes and be main bridge to accountants
Support CEO when fund raising with investors/lenders.
Supervise and mentor other finance staff in the group
Assist in finance operational matters as required (pricing, contracts, purchasing)
Strong in SME systems such as Xero or Quickbooks
Very strong excel skills – acquisitions involve detailed forecasting
Experience of small groups and consolidations
Good technical accounting skills
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Role: Group Financial Controller
Location: Eastleigh but remote / flexible working offered