Finance Manager
Requirements
Requires ACA, ACCA, or CIMA qualification, professional membership, and at least three years of experience, along with strong Excel modelling, communication, leadership, and prioritisation skills. A degree or equivalent, electrical supply industry knowledge, D365 experience, and strong presentation skills are desirable.
Job Description
To provide financial reporting financial control and record keeping for Lucy Electric UK Limited.
Business Overview
Lucy Electric is an international leader in intelligent secondary power distribution products and solutions, with features such as remote operation and monitoring. Linking energy generation to consumption, the business specialises in high-performance medium and low-voltage switchgear for utility, industrial and commercial applications.
Key Accountabilities
Financial Control and Record Keeping
- Responsible for timely month-end closing, preparation of month-end accounts for financial controller’s review
- Prepare monthly accruals, prepayments and accounting entries
- Responsibility for maintenance of financial records, including general ledger, accounts receivable, accounts payable, cash books and fixed asset register
- Development of financial control systems and procedures
- Oversee the accounts payable and receivable processes, including credit control
- Cash management
- Support analysis and appraisal of investment and financing decisions
- Responsibility for compliance with the Finance Policy and Procedure Manuals
- Ensure compliance with statutory accounting and tax regulations
- Responsibility for all areas of the year-end audit
- Preparation of statutory accounts
- Review monthly payroll calculations
- Oversee all VAT, PAYE and other HMRC processes
- Preparation and issue of monthly management reports pack
- Analyse financial reports and present findings with department heads
- Development of management reporting
- Fixed asset and headcount reporting
- Other ad hoc reporting as required
- Preparation of rolling profit forecast 3 times per year
- Preparation of weekly cash forecasts
- Preparation of annual budget and co-ordination of management plan
- To perform tasks commensurate with the position, and to have a flexible approach within the department.
- Manage, mentor and develop 3 direct reports (management accountant, credit controller and purchase ledger administrator), with overall responsibility for a team of 6.
- Covering financial controller when on annual leave.
Qualifications, skills and experience:
- Qualified ACA/ACCA/CIMA with 3+ years experience
- Professional membership with a recognised accountancy body
- Effective communication and interpersonal skills at all levels
- Ability to influence and direct people
- Must be able to work independently for significant periods of time
- Ability to demonstrate effective team working across all disciplines within the company
- Able to prioritise workload effectively
- Ability to work to tight deadlines whilst maintaining quality and attention to detail
- Excellent Excel modelling skills
- Ability to write financial policy and procedure documents
- Knowledge of the electrical supply industry
- Education to degree level or equivalent
- Knowledge and use of D365
- Excellent presentation skills
Education
Skills
About Lucy Electric
Lucy Electric is a leader in secondary power distribution solutions with over 100 years’ industry experience. Specialising in high-performance medium voltage switchgear for utility, industrial and commercial applications, we enable the safe and reliable distribution of energy to homes and businesses worldwide. Our products are at the cutting edge of medium voltage design and innovation, providing switching, protection and distributed automation solutions with reliability, safety and value built-in as standard. Based in Thame, Oxfordshire, UK, Lucy Electric also has offices in Saudi Arabia, United Arab Emirates, South Africa, Brazil, India and Malaysia, with manufacturing facilities in the UK, United Arab Emirates, Saudi Arabia and India. Through associations with industrial partners and contractors, we have established an international reputation network in over 50 countries.
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