Finance Manager

Role Overview

Reporting to the CEO, with a dotted line into Group Finance (UK), the Finance Manager will be tasked with developing overall financial management: day to day accounting, reporting (internal & external), commercial analysis, control, budgeting, audit, ERP system, etc. This will include the development, tracking and communication of KPIs that will provide clarity and insight into commercial performance.

This is fundamentally initially a sole role, with some existing support on administrative tasks, and some direction provided from Group Finance. The FM will be an all- rounder, with strong technical accounting skills. Prior exposure to consumer products and inventory will be strongly beneficial.

The FM will be very hands-on, detail-oriented, self-starting, with the ability to pro-actively identify weaknesses, to implement solutions and to communicate this effectively to the CEO and to Group.

Tasks and responsibilities

The preparation of accurate and timely management accounts.

Monthly report to Licensor

Completion of fortnightly payroll and management of staff benefits

Completion of State and Federal returns for payroll, sales tax, etc

Monthly cash-flow management, looking short and long-term

Full reconciliation of the companys Balance Sheet

Intercompany reconciliations

Work with external accountants to prepare annual accounts and tax returns for US entities, with presentation of results to Group

Lead the year end audit and delivery of a clean audit position.

Analysis of gross sales margins, investigation and explanation of variances

Provide information and analysis to allow the business to make decisions around pricing, discounts and profitability

Resolving accounts related queries raised by management

Liaising with accountants, auditors and tax advisors

Ad-hoc and office management duties

Manage Accounts Assistant and timely completion of their tasks

Purchase, sales and nominal ledger accounting using SAP B1 including:

o Daily bank reconciliations

o Processing supplier invoices and payments

o Processing employee expenses and credit cards

o Credit Control and Credit Management

Immediate Projects

2023 year end accounts and audit

Oversee temporary staff member and collection of aged debt. This includes setting up SAP for automated communications and collation of contact details.

Review processes and controls throughout order to cash flows

Transition current banking platform

Profile:

ACA, ACCA, CIMA or equivalent accountancy qualification

Produced management/financial accounts in a previous role

Operated as sole responsibility for accounting function.

Experience of using integrated accounting software SAP B1 an advantage

Strong system skills including advanced excel use

Self motivated and able to use own initiative to solve problems

A clear and confident communicator

The ability to engage with multiple stakeholders across a number of financial and non-financial disciplines

Finer details:

Location: Lynn, MA. 100% office based

System: SAP Business One HANA

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