Commercial Finance Manager - London, United Kingdom - Trace Recruit Ltd

Trace Recruit Ltd

Verified Company

London, United Kingdom

1 week ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Hybrid working
Up to £65,000
Reporting into the Finance director

Commercial Finance Manager, Research Services, London, £65,000
A global research services business are looking for a Commercial Finance Manager to join their team.

The Senior Finance Manager will play a key part in the finance team and act as an effective team member, helping to implement new processes and procedures,whilst help to keep the business continually innovating and ensuring the smooth running of the day-to-day financial operations.

With accurate and timely reporting, to help develop financial processes and systems that meet the current and future needs of the business and support the Finance Director in the development of Best-in-Class Finance Function.

The role:

Owns and leads monthend close process with a key focus on accurate revenue recognition and robust project accounting
Calculation of accrued/deferred WIP schedules to ensure robust revenue recognition
Soft close revenue update to Finance Director
Develop and maintain strict working capital processes to minimise accrued income and maximise cash position
Maintain visibility and accuracy of key departments e.g. Cost of Sales (COS) & Sales, General and Administration (SG&A) and costs are apportioned accurately
Develop cost centre analysis ensuring FD has a clear and up to date view of spend
Roll forward the budget Excel pack and develop to suit current/future business needs
Product Corporation Tax computation back up accurately (annual)
Review and submit monthly treasury report for FX exposure
Support the continuous streamlining of financial processes to speed up the ability to produce management information, and also to improve the quality and availability of such information.
Assisting Project Leads with project management tasks in CMAP/project management system with Business Operations Project Manager
Ensure WIP and CMAP are updated with any contract amends, change orders and final reconciliations
Ensure the monthly financial processes are completed diligently and comprehensively so that at year end information is up to date and easily available
Proactively prepare and consolidate information required by auditors
Ensure accurate closing position by reviewing the estimated time to complete projects and restating revenue %s if required
Roll forward of internal reporting pack with new budget figures

About You:

Strong communication skills (verbal and written) and understands the value of effective communication
Professional approach an ability to handle sensitive information
Flexible and approachable
Excellent organisational/project management skills. Manage incoming workload effectively for the finance team and maintain standards of excellence
Demonstrable experience of managing a finance function/team/ Line management experience
Hands on approach and willingness to get stuck in
Analytical with great attention to detail
Qualified ideally with a couple of years' PQE