Finance Manager

Job Description

Would you like to join an experienced Head of Finance in developing a finance function from scratch, for a highly profitable Scottish brand-iMultiply has partnered with Scottish Citylink Coaches Limited (SCCL) and Megabus in their search for a Finance Manager to join their team. This role is offered on a full time permanent basis with a hybrid working model based out of their central Glasgowoffices. Some ad hoc travel will be required to their operations in London and Rugby.-Due to the nature of this opportunity and the stage at which you will be joining the team, there is a genuine remit to make this role what you want it to be, in collaboration with the HoF, as the finance function embeds and grows in headcount and scope.-The CompanyThe Scottish Citylink brand operates an extensive network of over 20 routes linking the cities of Glasgow, Edinburgh, Aberdeen, Dundee, Stirling and Inverness, as well as linking some rural Highland communities to the main urban areas of Scotland. Servicesalso operate to England and Northern Ireland. Scottish Citylink connects over 200 Scottish destinations with over 400 services per day, using a fleet of 125 coaches provided by local operators. The Megabus brand links 100+ destinations throughout the UK andcarries over 4 million passengers per year.-SCCL generates annual revenues in the region of £90m per annum running bus and coach services in Scotland, England and Wales. SCCL is highly profitable and as such, SCCL and this Finance Manager role are critical to the performance of the UK group.-The RoleReporting to the Group CFO, the new Head of Finance (HoF) has been tasked with building the SCCL in house finance function. Finance has previously been outsourced to Stagecoach who hold a minority share holding in SCCL. The Finance Manager (FM) will reportto the HoF, is their first hire and will be their right hand in the department.-The FM will be responsible for producing the period end and annual financial statements for all three brands (SCCL, Megabus and Falcon), including the preparation of journal entries, balance sheet reconciliations and group reporting packs. The FM will businesspartner with the commercial and operations departments in order to further drive financial performance. The FM will take an active role during the annual audit as well as the preparation of annual budgets and forecasts.-Role Fundamentals:

• Preparation of period end and annual accounts in accordance with the group reporting deadlines.
• Active involvement during the annual financial audit.
• Assist with the preparation of the annual budget and in-year forecasts. Business partnering with the commercial and operational departments across all brands to improve financial performance.
• Ensuring accounting practices comply with regulations (IFRS). Assist with the preparation of quarterly VAT returns.

Value-Add Activities:

• Ensuring revenue and costs are correctly received and accounted for, including working with Transport Scotland for concessionary scheme revenue.
• Ad hoc financial analysis as requested by the local management team or group finance team.
• Cashflow management.
• Continuous improvement of financial processes and controls.
• To undertake any other reasonable tasks requested by the Head of Finance or senior management team.

Travel:

• Ad Hoc Travel to London (Metroline Head office) and Rugby (Megabus Head office) may be required from time to time but will not exceed once per month.

-The Ideal CandidateThe ideal candidate will be a qualified accountant with industry experience and either a background in audit or significant experience supporting year end audits. You will be willing to roll your sleeves up and work proactively to help develop the financefunction. This will require a dynamic and curious personality to build internal relationships, develop an understanding of how the various elements of the business operate and work with the HoF to develop the controls, processes and reporting that add value,helping to drive the business forwards.Technical Skills:

• Proven experience in financial management and processes,
• Excellent understanding of fundamental accounting principles and the application of them in practice.
• Strong technical accounting knowledge. IFRS knowledge would be preferred however FRS 102 or UK GAAP with a willingness to learn IFRS would be sufficient.

-What’s on offerThis role of Finance Manager comes with a competitive salary referencing experience, and a generous benefits package including:

• Bonus: Discretionary based on personal and company performance,
• Pension: Metroline Group Pension Plan,
• Holidays: 25 days, plus additional 8 days of statutory leave,
• Additional: Accounting qualification membership fee covered.

-iMultiply is committed to diversity and will promote diversity for all employees, workers and applicants. iMultiply will treat everyone equally and will not discriminate on the grounds of an individuals protected characteristic’.If you like the look of this vacancy and think you could perform the role, but, you dont think you meet all the requirements, please DO APPLY for this opportunity. Data shows that certain groups, mainly women and people from Black and Minority communities,are less likely to apply for jobs where they dont meet 100% of role requirements. iMultiply would encourage you to apply for roles where there is room for development and growth."For further information and a confidential chat, please contact Stuart Cadger at our Glasgow office.