Finance Manager

Job Description

Accountancy Recruit is partnering with a medical equipment supplier, in the recruitment of a Finance Manager, to take sole responsibility for the accounts function for two subsidiaries from start to finish, reporting to the CEO, based in central Cambridge.This is a varied, interesting, and responsible role, in which you can drive forward the finance function within the broader business.You will be detail-oriented, with a strong knowledge of best practice accounting and compliance standards. This is a medium volume transactional environment, with the need for detailed financial analysis and reporting of KPIs including costs, spend, monitoringbudgets and cash flow forecasting.Key Responsibilities:

• Sole charge, autonomous responsibility for maintaining the entire accounts function for two subsidiary companies using Xero.
• Financial Record Maintenance: Maintain accurate and up-to-date financial records including accounts payable, accounts receivable, payroll, and general ledger entries.
• Bank Reconciliation: Perform regular bank reconciliations between Barclays and Revolut to ensure all transactions are properly accounted for and discrepancies are addressed promptly. Chase all team members for any outstanding receipts ensuring that alltransactions are coded correctly and efficiently in order to optimise reporting.
• Expense Management: Process and reconcile company expenses.
• Invoicing and Billing: Prepare and send invoices, track payments, and follow up on outstanding accounts receivable.
• Completing monthly payroll and pension administration.
• Financial Reporting / cashflow forecasting: Generate financial reports on a regular basis, providing insights into the companys financial health and performance. Compliance: Ensure compliance with all relevant financial regulations and laws, includingtax requirements and reporting obligations.
• VAT Returns: File VAT returns for on a timely basis for the company and deal with any VAT enquiries from HMRC. To have an understanding of VAT rules and how the company can be most efficient in this regard.
• External Accountants: Working with PWC, the companys external Accountants to provide all information requested for the Year End Accounts.
• Communication: Liaise with the Director and provide financial updates and support decision-making processes.
• Ad Hoc Tasks: Assist with ad hoc financial tasks and projects as required, contributing to the overall efficiency and effectiveness of the finance function.
• Having a broad understand on financial instruments such as Letters of Credit and Escrow accounts and helping facilitate with the bank should the need arise.

Person Specification

• A relevant qualification in accounting or finance (Part or Fully Qualified) - ICAEW, ACCA, CIMA, AAT or equivalent.
• Experience working in a within a small or medium-sized business environment.
• Strong understanding of accounting principles and practices, financial regulations and compliance requirements.
• Proficiency in accounting software - Xero would be an advantage and strong Excel skills.
• Excellent attention to detail and accuracy, with the ability to manage multiple tasks
• Strong communication and interpersonal skills, with the ability to collaborate effectively with team members.

So, if you are looking for a role that will offer variety and scope to draw on all areas of your experience and have previously worked in Practice or Industry as an Accountant, Assistant Accountant, Finance Manager, Management Accountant, Financial Accountantor similar role, then please apply now!Remuneration Salary £45 - 55,000 pa.Hours: 37.5 hours per week - Monday to Friday.Pension [pension matching scheme].Private healthcare.25 days holiday pro rata.Office based role with some flexibility.