Finance Manager - London, United Kingdom - Bitesize Consulting
Description
Job Description
ABOUT US
Bitesize Consulting is an ICAEW-registered practice, providing best-in-class accounting, strategy & business support to the food & drink, hospitality, FMCG and events industries.
We treat our clients as partners, becoming an integral part of their teams. These partnerships are truly collaborative – we live & breathe the business, adding value at every opportunity.
Taking pride in preparing and delivering figures accurately and on time, we also provide valuable insights and strategic guidance based on our collective experience in our partners' industries.
We pick these partnerships carefully, choosing to work with awesome people doing something that excites us. From leading PE-backed hospitality venues to high-growth food & drink start-ups; the genuine enthusiasm we have for our partners' businesses means we are truly passionate about their success.
FINANCE MANAGER (HOSPITALITY)
We are looking for an exceptional individual to join us in the role of Finance Manager.
Overseeing the finance functions for some of our fantastic partners operating in the Hospitality sector (top-notch cafés, bars & restaurants, live venues and more), you'll deliver outstanding service by providing the best possible support, integrating seamlessly into their wider team.
KEY RESPONSIBILITIES
Overall
· Responsibility for managing a best-in-class finance function for our partners.
Bookkeeping & accounting
· Maintain accounting and financial records of our partner businesses, adhering to relevant standards.
· Accurate and timely completion of all month-end activities within the partner business finance cycle.
· Oversight of AR / AP ledgers (managed by Finance Assistants), ensuring full reconciliation.
· Oversight of month-end balance sheet reconciliations
· Review & filing of VAT returns
Management reporting
· Oversight of P&Ls / management accounts / Board packs (depending on client requirements)
· Review & challenge results, provide commentary & feedback to partners
· Ad-hoc reporting & analysis as required
Cash flow & budgeting
· Manage short-term cash flow forecasts
· Oversee supplier payment run processes
· Assistance with budget preparation
Payroll
· Oversee the payroll process for partner businesses
· Ensure partner employees paid accurately & on time
Cost control & supplier management
· Identify areas where partners' costs can be reduced & controlled
· Seek out & secure improved credit terms with partners' suppliers wherever possible
Systems
· Gain full understanding of all relevant systems
· Ensure systems are linked with accurate data flowing
· Identify & resolve gaps in knowledge through training
External communication
· Main point of contact for HMRC queries, external accountants & other advisers
Team & Processes
· Oversight of junior Finance Team to ensure routine financial processes are completed to the highest standards, as efficiently & accurately as possible.
· Gain understanding of all systems used, documenting finance procedures & processes.
· Seek continual improvements in financial processes, identifying efficiencies & opportunities for time/money saving, and increased accuracy.
ABOUT YOU
Your skill set and attitude will both be key to owning this role. If you love learning and are keen to embrace the responsibilities of leading the finance team across several the UK's most exciting hospitality and consumer goods SMEs, then read on.
We're looking for someone who doesn't shy away from a challenge and is able to keep a cool head when things get hectic. You'll need to be confident in handling multiple communication channels and managing parallel deadlines. Things move pretty fast in small businesses, so we're looking for someone who can adapt quickly and is happy to embrace change within our partners' businesses, as well as our own.
As part of the Bitesize team, you'll actively seek out opportunities to go above & beyond, surpassing partner expectations wherever possible. Here are some of the qualities we're looking for...
Team player with excellent communication skills
Strong analytical skills with an impeccable eye for detail
Efficient and comfortable working across multiple clients to deadlines
Energy, enthusiasm, commitment and a can-do flexible attitude. Pro-active and an autonomous worker
Ability to prioritise and manage your own time in a fast-paced environment.
Experience working within hospitality, food & drink or consumer goods industry.
Intermediate/Advanced MS Excel
Extensive experience using accounting software e.g. Xero, QBO, Sage, etc. & other app-based systems
Qualified or part-qualified Accountant (ACA/CIMA/ACCA) (or similar)
JOB DETAILS
We are a small, growing & dynamic company. We thrive on being adaptable and reactive. Not only does this approach enable us to fit in quickly around partner requirements, but it also means we can offer high levels of flexibility to our brilliant team.
To start with you'll spend most of your time working from home, as well as visiting our partners' locations for meetings (mostly in central London) from time to time. As we grow, we will be moving towards a more hybrid working pattern. Within a year or so, you can expect your time to be split across working with the team in a London-based office, visiting partner locations and working from home.
If you can work full-time hours that would be great, but if you're looking for something more part-time, that's also fine. We'll work together to create a role that fits around your social, family and other commitments – as well as those of our partners.
What we can offer...
Chance to work and learn in a small team, with exposure to a variety of different businesses, founders and functions
Supportive working environment where you will receive mentorship from a Finance Manager to develop your skills.
Significant opportunities for learning & growth: training & support to develop financial leadership skills in hospitality and consumer goods sectors.
Longer-term opportunities to work across multiple industries and clients e.g. Hospitality, Consumer Goods & Festivals.
High level of autonomy & input into work practices
Competitive pay rates with negotiable benefits
We are looking for someone to start as soon as possible, but would be happy to wait for the right person.