Position: Finance Manager
Location: London Area
Package: £45K/yr – £50K/yr
This is an exciting opportunity for an experienced Finance professional to join an established food business. Our client is looking for someone who has a mix of financial/accounting experience as well as purchasing/supply chain experience, ideally from a food background.
Finance Manager responsibilities
1. Ensure accurate maintenance of financial records, including the receipt, input, and generation of day-to-day commercial documents, while overseeing bookkeeping procedures.
2. Prepare Monthly Management Accounts following prescribed Profit and Loss (P&L) and Balance Sheet formats, and deliver analytical narratives during monthly investor meetings.
3. Take charge of budget and forecast models, subjecting them to internal and external scrutiny as necessary.
4. Optimize cash flow by promptly collecting outstanding debts and effectively managing payments to creditors.
5. Supervise foreign currency transactions and insurance arrangements to minimize costs.
6. Oversee the process of order-taking and invoice generation. g) Manage payroll activities, assist in developing HR policies and handbooks, create job descriptions, and establish appraisal and bonus structures.
7. Provide support for ensuring commercial contracts’ legal security throughout the organization.
8. Collaborate with outsourced support to establish and maintain a secure and recoverable IT hardware infrastructure.
9. Evaluate and implement software solutions aimed at enhancing customer service and productivity, ensuring continuous effectiveness.
10. Develop and sustain a Key Performance Indicator (KPI) framework to monitor performance and manage costs.
11. Offer sales analysis and related systems to bolster business development efforts.
12. Furnish ad-hoc reports, analyses, performance data, and maintain records as needed.
13. Establish and uphold demand planning systems to regulate both raw material procurement and production output.
14. Maintain the accuracy of stock records, rotation, and picking processes to minimize losses.
15. Provide costings for in-house and outsourced products, monitor variances, and drive improvements.
16. Assist in optimizing inbound transport and customer delivery schedules to reduce costs and enhance efficiency and customer satisfaction.
17. Coordinate the ordering of raw materials and finished goods in alignment with sales and production forecasts.
Qualifications and Skills:
18. Proficient in bookkeeping, including Bill of Materials (BoM) assembly and sales invoicing
19. Experience in delivering Monthly Management Accounts and KPI dashboards.
20. Capability to produce Financial Forecasts (P&L, B/S & Cashflows).
21. Expertise in purchasing disciplines, ideally including demand planning and batch cost modelling.
22. Strong understanding of inventory software systems and manufacturing processes.