Head of Finance - London, United Kingdom - Watch House - Support Office

Watch House - Support Office
Watch House - Support Office
Verified Company
London, United Kingdom

3 weeks ago

Tom O´Connor

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Tom O´Connor

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Description

Head of Finance, WatchHouse.


The Head of Finance at WatchHouse is accountable for providing accurate reporting of financial results, helping to drive strategic direction and providing detailed financial analysis and reporting to support the operation.


Working closely with the CEO, Managing Director and SLT, the Head of Finance will focus on the financial health and stability of the business, putting in place process and procedure as necessary.


They will be confident in presenting financials at a senior level, with the ability to provide analytical oversight whilst considering long term, financial strategies.


Overall responsible for the finance department at WatchHouse, the Head of Finance will possess the ability to manage their team effectively, with a drive to create robust plans for improving core functions of our business including pricing, distribution, and remuneration policies.


The intention is for the person in this role to develop with the company and become the Finance Director in the next 12-24 months.

We will work with you to develop your strategic leadership, change management and investor relation skills over this period


Directly reports into (Line Manager): Caroline Ottoy, Managing Director,


Key Responsibilities:

  • Prepare and execute timely delivery of monthly management accounts.
  • Provide financial overview weekly to SLT,
  • Produce cash flow forecasts and cash runway.
  • Overall cash management accountability on an ongoing basis.
  • Work with our payroll provider to run the monthly payroll, ensuring all team are paid on time and correctly.
  • Investigate accounting variances and advise on any necessary course of action.
  • Creation and ongoing management of annual budgets.
  • Provide analytical advice to the operational team to support decision making to achieve EBITDA.
  • Work with the Operations team to create weekly shop metrics, measuring actuals v budgeting at a store level.
  • Work with the CEO to produce reports and models to assist with raising capital.
  • Preparing company reports for investors and board meetings,
  • Performing financial analysis on the company to predict financial health and support key decision making.
  • Monitor spending against budget.
  • Explore ways to reduce costs and increase profits.
  • Ensure adherence to financial regulations.
  • Ensure that our systems' numbers are as close as possible to our financial accounts, giving us a realtime look at our metrics and business performance.
  • Closely monitor business performance and cash flow in order to identify risk and assess any potential impact of industry or trading changes and fluctuations.
  • Team Management, including Accounts Manager, Technical Manager and Accounts Assistant.
The role in more detail

Excellent communication and interpersonal skills are crucial for success in this role. You must have the ability to build and maintain effective and positive relationships with clients, investors and colleagues.

You must be able to work cohesively in a team, demonstrate a professional approach at all times and be able to organise and prioritise workload.

You will be organised, able to work under pressure and deliver on targets. A good understanding of the operations to ensure that we drive efficiencies across the estate.

We need someone with a positive attitude and a problem solving can-do mindset. You will be structured, confident, have great attention to detail and be willing to go that extra mile.


Key to this role:

  • Fantastic communication and listening skills.
  • Ability to clearly articulate the business vision and strategy.
  • Proven ability to manage and present at an executive level.
  • The ambition to build a Best in Class business in all aspects.
  • Strong networking and interpersonal skills.
  • Confidence raising issues and putting forward solutions.
  • Attentive and responsive to the needs of colleagues and external parties.
  • Project management, able to work to strict deadlines and manage multiple projects simultaneously.
  • Business intelligence and knowledge.
  • Strong organisational and time management skills.
  • Creative and critical thinking skills.
  • Thorough attention to detail.
  • Qualified ACA/ACCA/CIMA or similar.

Working at WatchHouse.
WatchHouse was born from a passion to do better. Diligence and attention to detail are paramount to what we do, we focus on the detail. We strive for perfection. We really care.

We are a people first business, curious and interested in those around us. We treat everyone with respect. We pride ourselves on creating an environment where diversity is celebrated, equality is insisted and inclusion expected.


We also know that everyone is different, and we value and respect diversity, standing up for equality and standing against any form of discrimination.

Decisions about and the treatment of people at work should be based on the individual's abilities, skills, performance and behaviour
- these should be assessed against the WatchHouse job descript
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