Finance Manager

Our client seeks a Finance Manager to join their team. Role Profile: This role will be responsible for managing a team of four. The role involves budgeting, forecasting and financial analysis to provide insights for strategic decision making. Key Responsibilities: To effectively manage the preparation of monthly management accounts before the end of the following month and provide commentary on: Any deviations from budget and a comparison of actual performance versus forecast. Analysis required on the aged debtors and creditors, comments on the aged positions, inter-company positions and any potential bad debts. Details of work in progress, contracts awarded, contracts pending. Preparation of annual budgets and forecasts while considering projects that are pending and allowing for fluctuations in turnover. Provide recommendations to the Directors of where cost savings are required to optimise cash flow levels. Manage customer debt/outstanding invoices, chase debtors and implement stop procedures for outstanding debt. Preparation of the individual company financial statements and consolidated financial statements Communicate with external auditors and use best endeavours to make sure the audit timetable is met. Manage the preparation and submission of quarterly VAT and GST returns Oversee the preparation and submission of all departments monthly and weekly wages for the UK, Isle of Man, Jersey and Guernsey. Manage the preparation and submission of monthly, quarterly and annual submissions for employers returns which include but are not limited to the following: Isle of Man Employers Annual Return, Isle of Man Remittance Payments & Jersey ITIS Returns. Overseeing and ensuring timely release of electronic payments, management of purchase invoices to match income and expenses as close as possible for optimum cash flow. Preparing reports for management meetings which include details of aged jobs and unapproved purchase invoices. Review of monthly charge out sheets and management of spreadsheet preparation for invoicing. Management of the Accounts team and responsibility for undertaking their annual performance reviews. Liaising with resident agents in the Channel Islands to ensure they have all the information required to continue acting as agents. Responsibility for developing a comprehensive pay increase strategy across the company. This will involve collaborating with department heads on performance reviews and recommending a pay increase plan that balances employee performance, market competitiveness and financial sustainability. Managing and preparation of client contracts and increases. Provide timely and accurate responses to queries, ensuring clarity and resolution on issues related to contract terms and payment schedules. Pick up and review contracts that you may not have previously been involved with to provide informed responses dynamically and efficiently Key Skills & Experience: Good understanding of UK GAAP and Isle of Man Company law. Evidence of strong post qualification experience. Experience working with accounting and bookkeeping systems. Demonstrable experience in leading and managing a team. Experience preparing budgets and forecasts. Strong Microsoft Office skills Strong leadership and organisational skills The ability to build key relationships with customers... If you have the required skills please apply online at searchandselect.com quoting reference number: 15195