Our client, a successful family-owned business in Norwich with a turnover of c£20 million, is seeking an experienced Head of Finance & Company Secretary to join their team. This is a pivotal role, reporting directly to the Managing Director, with responsibility for managing the financial and administrative operations of the company while providing strategic support to senior leadership.
With oversight of a small finance team, the successful candidate will ensure the effective running of all financial functions and contribute to the business’s operational efficiency. This role offers excellent prospects, with the potential to progress to Finance Director in the future.
Key Responsibilities
Financial Management:
*Oversee the preparation of monthly management accounts and composite reports, presenting findings to Directors and Managers.
*Manage the sales ledger department, ensuring invoices are issued promptly, payments are received on time, and credit control is effectively handled.
*Supervise the purchase ledger process, including purchase orders, invoice processing, and payments.
*Maintain and monitor cash flow, preparing forecasts to support financial stability and decision-making.
*Ensure compliance with all statutory financial obligations, including the timely submission of PAYE, VAT, and other returns.
Audit & Reporting:
*Prepare books of account for audit, acting as the main liaison with auditors.
*Coordinate the completion and submission of annual financial statements and tax returns, ensuring full compliance with regulations.
*Produce ad hoc financial reports to support management in measuring and managing business performance effectively.
Leadership:
*Manage and develop a finance team of two, ensuring accuracy, efficiency, and professional growth.
*Oversee the authorisation of payroll, ensuring compliance with relevant legislation.
Operational Responsibilities:
*Oversee the maintenance of statutory company records and HR records, ensuring compliance with legal requirements.
*Manage annual insurance renewals, claims, and follow-up processes.
*Maintain IT systems and computer infrastructure, supporting other departments as needed.
*Identify and implement process improvements to increase efficiency, reduce reliance on paper, and enhance managerial control.
Strategic Support:
*Provide strategic guidance to the Managing Director, contributing to business planning and financial decision-making.
*Recommend improvements to financial processes, leveraging IT solutions to drive efficiency and accuracy.
Candidate Profile
The ideal candidate will be professionally qualified (ACA or ACCA) with a background in practice, followed by experience in industry. Experience in the manufacturing or retail sector is preferred.
*Exceptional financial acumen with strong systems and advanced Excel skills.
*The ability to think strategically while maintaining an eye for detail.
*A resilient, tenacious approach to challenges.
*Proven leadership and team management experience.