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Group Financial Controller

  • Location

    Wembley

  • Sector:

    Hospitality

  • Job type:

    Permanent

  • Job ref:

    520725

  • Published:

    19 days ago

  • Expiry date:

    2019-12-19

GROUP FINANCIAL CONTROLLER – POSITION DESCRIPTION
 
 
Position Purpose                                 
 
To manage the Group’s financial practices, ensuring financial information is timely, accurate, complete and compliant with relevant accounting and taxation principles.
 
Operating Context
 
Works across multiple entities with diverse operations. Manages responsibilities through a team of Finance Managers, Accountants and support staff. Work generates according to agreed business reporting and statutory timeframes. The role requires a hands-on approach with specific responsibilities for cash flow management, statutory reporting, cost analysis and reviews as well as overall responsibility for payment of VAT, Corporation tax and PAYE.
 
 
Autonomy
 
Work is self-prioritised in a structured environment with little direct supervision. Open communication channels exist within the team and with the General Manager and Group CEO, meaning that work is discussed periodically on an as-needs basis. Performance is formally reviewed monthly. Incumbent will be required to determine when and how to escalate unresolved or complex issues.
 
 
Position Accountabilities         
 
  1. Provide excellent leadership and management of Corporate Finance, measured by the effectiveness, engagement and business unit respect of the team.
  2. Build productive working relationships with stakeholders in order to understand their business operations and the financial information needs of end users.
  3. Manage relationships with others across the Group to achieve alignment in key business strategies and decisions.
  4. Manage the Group’s cash flows within available facilities, providing appropriate reporting to Directors and Executive Management.
  5. Manage the Group’s financial reporting obligations, with responsibility for preparation and lodgement of compliant full year and half year consolidated accounts.
  6. Manage the Group’s statutory taxation obligations (including Income Tax, corporation tax, PAYE and VAT), with responsibility for preparation and lodgement.
  7. Collaborate, design, implement and review finance systems, policies and procedures to ensure continuous improvement and contemporary relevant practices.
  8. Oversee finance systems managing transaction flows from source through interfaces to general ledger.
  9. Ensure finance ledgers are maintained on a timely basis, are accurate and complete, and structured for the dual purpose of providing relevant information to internal users and meeting statutory obligations.
  10. Ensure reporting functions and responses to ad hoc requests for financial related information are appropriately delivered.
  11. Preparation of annual budgets for all company entities.
  12. Perform the accounting function for holding company entities.
  13. Undertake a range of other activities within the Corporate Finance function, in conjunction with other Finance staff, such as maintenance of consolidated key finance activities (e.g. asset financing); governance/internal control activities; business administration or insurance management.
  14. Liaison with 3rd party Auditors, Tax Advisors and Lawyers
 
Generic accountabilities – team member
 
  • Build team and individual capability, ensuring personal effectiveness for work in current and future roles.
  • Contribute to the effectiveness of the Corporate Finance team.
  • Support team meetings at which progress against KPIs is monitored and discussed.
 
Generic accountabilities – every employee
  • Apply sound time management judgement in relation to prioritising work and meeting deadlines.
  • Ensure compliance with relevant legislation and organisational policies.
 
Essential Qualifications and Experience
  • Bachelor degree in Accounting/Finance.
  • ACA, ACCA or CIMA qualification.
  • Significant accounting experience, including recent experience in a similar level role within a commercial and/or public practice environment