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.
