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Finance manager

Stevenage
The Wine Society
Finance manager
£50,000 a year
Posted: 19h ago
Offer description

Working within the Finance Team, with 9 team members and two direct reports

This role is based at our head office in Stevenage, with hybrid working available (3 days in office, 2 days at home).

This is a temporary role for Two years and hours are full time 35 hours per week.

This is a key role within the finance team, ensuring:

* Cash is effectively managed and utilised.

* Accounts payable operates smoothly.

* Foreign exchange policies and procedures are adhered to.

* HMRC compliance relating to VAT, Corporation Tax and Duty.

* New system implementations run efficiently.

Responsible for effective management of job purpose as well as training/development needs of direct reports.

Cash Management

* Responsible for the completion of daily and monthly bank reconciliation's and the investigation of any issues

* Production of short term cashflow, weekly bank balance tracking and monthly cashflow for inclusion in the management accounts by FP&A.

* Balance analysis and transfers to optimise interest rate returns.

* Leading on the day to day relationship with the banks, ensuring mandates are up to date.

Accounts Payable

* Ensuring that accounts payable ledgers are reconciled each month and prepayments are recorded accurately

* Supporting the Accounts Payable Administrators to resolve any outstanding issues with supplier payments and the reconciliation of supplier accounts

* Check and authorise weekly payment runs, as well as any ad-hoc payments

Foreign Exchange

* Assisting on managing our exposure to foreign currency risk, including purchasing forward contracts to ensure we have sufficient foreign currency for upcoming payments

* Liaising with merchandising teams regarding forward rates for pricing policies.

HMRC Compliance

* Responsible for all matters relating to VAT, including the production and review of the quarterly VAT return, ensuring the balance sheet is fully reconciled each month

* Monthly duty reconciliation

* Assistance with annual Corporation Tax return preparation

New systems

* Act as a central point of contact through new ERP (incl. financial package) integration.

* Ensure financial input into process design and documentation.

Other/Ad-hoc duties as required

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