Exciting opportunity to be the finance lead in a high-end furniture manufacturer
Would suit a hands-on SME Financial Controller with strong commercial acumen
About Our Client
Kingcome Sofas is a highly regarded manufacturer of luxury sofas and chairs with a reputation for outstanding craftsmanship and quality. In addition to standard models the company specialises in made-to-measure sofas and chairs tailored to customers exact specifications The company sells from a trade showroom in the Chelsea Harbour Design Centre, London SW10 and a retail showroom based at 114 Fulham Road, London SW3 and has a freehold factory near Newton Abbot in Devon which is where the majority of staff are based. Annual sales are approximately £3 million and the company employs 45 staff including an accounts team of two. Approximately 70% of sales are made to interior designers (the trade) and 30% are made direct to retail customers.
Kingcome Sofas is a subsidiary of Colefax Group Plc whose core business is the design and distribution of luxury furnishing fabrics and wallpapers and includes the well-known brands Colefax and Fowler and Jane Churchill.
The Group is quoted on the Alternative Investment Market and last year reported a profit of £7.7 million on sales of £107 million. Kingcome Sofas was acquired by the Group in 1989.
Kingcome Sofas has a small finance team of two staff comprising a Financial Controller and a part time purchase ledger assistant. The position has become available as a result of the retirement of the current Financial Controller after ten years with the company. The role is based at the freehold factory near Newton Abbot, Devon TQ12.
Job Description
Reporting to the Colefax Group Finance Director, the Financial Controller will be a key part of the leadership team, helping to drive efficiencies to maximise performance. A key business partner to the Design Director and Operations team the Financial Controller will be the key point of contact for all finance and payroll related matters for the site.
Core monthly responsibilities:
Monthly Management Accounts
Prepare monthly payroll and payment of salaries
Prepare and issue sales invoices (mostly automated)
Maintain personnel and pension records
Credit control
Core Annual, Half Year and Quarterly Responsibilities:
Prepare Annual Budget
Prepare Annual and Half year Reporting Pack for Colefax Group Plc
Manage Annual Audit
Prepare Annual Corporation Tax information pack
Prepare and submit Quarterly VAT returns
Periodic sales and profit forecasts for Colefax Group
Ad hoc Responsibilities:
Systems development
Pricing and other commercial matters
Employment and personnel issues
Government returns
The Successful Applicant
Qualified Accountant (ACA, ACCA, CIMA)
Strong leadership experience in an SME environment
Hands-on operator, happy to assist with adhoc requests
Friendly personality able to build relationships across the wider business
Experience partnering with non finance stakeholders
Strong technical ability to ensure accurate financial and management reporting
The ability to report to the wider group and listed business
Manufacturing background desirable but not essential
What's on Offer
Competitive Salary
10% Bonus
5% Matched Pension
Healthcare
25 days holiday
Please note, all 3rd party and direct applications will be sent to Michael Page for assesment.
