Head of Finance

Description

A global, multi-million revenue business in the tech and retail sector is recruiting for a Divisional Head of Finance to lead a team.

This newly created role will oversee the day-today finance operations of its largest division will maintaining an active role in several group-wide transformation projects including the use of AI when it comes to the back-office functions supporting its front-line customers. Reporting to the Group Director of Finance the role will lead:

Business Partnering & Stakeholder Management:

Provide detailed analysis and commentary on financial performance, variances, and trends working with the FP&A team to understand Gross Margin deviations from budget/forecast.Ownership and preparation of monthly departmental overheads reports including detailed variances to budgets and forecasts and regular business partnering to budget holders.Support the FP&A team in the preparation of budgets and forecasts for all operating and capital expenditure costs.Act as a key business partner to the senior management team, providing financial insights and analysis to support decision-making. Accounting & Financial Control:

Ownership of the accounting and financial control for all trading entities and holding companies including: ensuring all Balance Sheet reconciliations are completed and reviewed on a monthly basisManagement of the month-end reporting cycle ensuring timely cut-off procedures are in place, transactions and accounted for correctly, journals are appropriately approved and supporting documentation maintained as evidence Overseeing the preparation of the Group's consolidation including any acquisition accounting, impairment reviews, and intercompany eliminations.Maintain, develop and ownership of the staff costs and Overheads costs models. These are monthly reporting, rolling forecasts and budget models.Ensure proper cost allocation across entities to reflect true profitability.Maintain strong internal controls to ensure accurate recording of capital expenditure, carrying out project assessments to ensure adherence with IFRS. Financial Reporting:

Ensure the timely and accurate production of the Group's monthly management accounts, including timely submissions to investors, banks, and regulators.Lead the annual external Group audit process and preparation of the UK statutory accounts, liaising with external auditors and providing necessary documentation. Team Leadership & Development:

Lead, mentor, and develop the divisional finance team, fostering a culture of high performance and continuous improvement.Set clear objectives for team members, conduct regular performance reviews, and provide training and development opportunities.Foster a collaborative working environment and support cross-departmental collaboration on financial matters. Continuous Improvement:

Drive continuous improvements in financial reporting processes, cost accounting systems (D365/SAP), and data integrity for better decision-making.Drive automation and process improvements to increase efficiency and reduce manual tasks. The ideal candidate will be ACA qualified with exposure to a large global group of businesses (GBP500m+), ideally Private Equity backed.

Prior experience of being a part of continuous improvement projects, with elements of Artificial Intelligence, will also be preferable.

In return the business offers a fantastic opportunity to build and shape the finance function in a supportive and collaborative environment where CPD is at the heart of the business.

Progression to Finance Director is also a realistic objective for this role.

Ad ID: 5417985150