Head of Finance

Recruiter
Location
London (West), London (Greater)
Salary
circa £60k + equity
Posted
26 Oct 2020
Closes
03 Nov 2020
Ref
JOW110
Category
Accountancy
Contract Type
Permanent
Hours
Full Time
Our client is an entrepreneur lead, fast growth business designing and creating contemporary homeware collections for an international market . To support its ambitious expansion strategy they now seek a Head of Finance to work closely with the founder. The role affords a unique opportunity to play an integral role in the scale up, working across all areas within the business and playing a key role in future fundraisings .

You will be the key day-to-day finance contact and business support for the team, you will need to have a strong grasp of all areas of the business, with special focus on the commercials, forecasting and cash. This is a hands-on role; you will be running the finances. This would suit someone looking to gain involvement in the operations and commercials – with a chance to develop the role to Director.

Key Responsibilities
  • Forecasting and ordering: Taking the lead on supply chain forecasting, working with both Sales and Ops to ensure optimal stock holdings are maintained
  • Pricing and margins: Play a key role in pricing decisions especially in the launch of new products bringing together negotiations on production costs, reviewing competitor pricing and ultimately our margins achieved. Additionally, you will review production costs and margins, working with the design manager and suppliers to create plans to reduce production costs and increase margins
  • Cashflow forecasting including managing funding relationships
  • Ad hoc support providing financial insights to help with effective commercial decision making.
  • Managing budget & re-forecasting processes for both sales & costs
  • Super user for the recently implemented SAP system, ensuring the system fully provides full MI and insight to support commercial decision & improve reporting
  • Month end journals, close and reporting, both for the UK and US companies
  • Ensure all regulatory filings are made both in the UK & the US, including VAT returns
  • Quarterly advisory board meetings: attendance and presentation of results
  • Reviewing financial controls to ensure they are appropriate & adequate as the business grows.
Candidate requirements:
  • You should be qualified accountant (ACA/ACCA or CIMA)
  • Experience in industry with inventory management, month end reporting, forecasts/ budgets and interaction with non-finance staff
  • Experience managing AP/AR teams and processes
  • Experience in a manufacturing or business with inventory an advantage
  • Strong Excel skills and previous use of SAP or an ERP an advantage
  • Excellent communication skills, including the ability to translate financial jargon into plain English
  • Problem solver, creative thinker, resilient mindset
  • Company secretarial/ regulatory experience an advantage

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