Role: Finance Manager – Sole Role
Sector: Creative Communications (Healthcare Clients)
Salary: £50,000 – £60,000 DoE
Permanent: Hybrid – Monday & Wednesday in the office
Location: West London
Ref : VFR3147
VisionFR is delighted to be working with our client – a creative communications agency within the healthcare and wellness arena. Our client is looking for a Sole role Finance Manager to perform a bottom to top financial function including producing a meaningful month end reporting pack with variance analysis and KPI reporting together with overseeing the cashflow and profitability of the client projects. The candidate will have a good understanding of working within an SME creative agency and ideally an understanding of using Paprika and a strong excel user.
Working within a lovely team of gifted creatives you will be emersed into the agency culture.
Key Responsibilities of the Sole Role Finance Manager will include:
- Month-end & Management Reports: own the month-end procedure – balance sheet reconciliations & management accounts preparation. Prepare full month-end reports for the board including dashboard & flash reports, variance analysis against budgets and forecasting for the board. This includes utilisation reports, as well as a detailed debtors ledger and cash flow reports.
- WIP Reconciliation & Income Recognition: managing WIP by project and ensuring the correct income is recognised each month, managing deferred & accrued income as well as ensuring all WIP costs are written on correctly in the month, liaise on the projects with the Account Leads ensuring that correct income forecasts are being produced.
- Commercial & Job Profitability: Provide regular, accurate reports on job and client profitability. Producing staff utilisation reports. Manage, maintain, and update company rate cards. Highlight any over servicing and under recovery.
- Cashflow forecasts to be produced regularly ensuring sufficient reserves are retained in the business
- Invoicing, manage the billing cycle on a timely basis ensuring invoices are raised accurately and that good Credit control processes are adhered to – liaise with Client contacts where necessary.
- Manage The Bank, post all receipts to the bank, reconcile the bank accounts on a daily basis ensuring the balance sheet agrees to the bank accounts
- Purchase ledger invoices, match all PL invoices to PO’s and ensure all costs are posted accurately – accrue as necessary for costs not yet received. Reconcile supplier statements on a monthly basis and follow up on all queries. Select and manage the payment runs. Post the payments to the bank accounts
- Expenses, manage all Expenses ensuring accurate posting to relevant costs centre/ jobs and ensure payments are made on a timely basis
- Manage VAT Postings and the quarterly Vat returns ensuring these are accurate, reconciled, submitted & paid on time
- Payroll, oversee the payroll (outsourced) ensure all amends are forwarded to the payroll producers and post all journals and reconcile the relevant balance sheet accounts. Ensure PSA reports and P11D information is supplied on time.
- Forecast & Budgets: Work closely with the senior management team on Forecasts and Budgets giving insights as appropriate
- Business review, continually review the business operations to look for efficiencies and process improvements
- Paprika, be the go-to person on Paprika issues and new employee induction on its use
- External accountant, Work with the external accountants at the year- end and as needed through-out the year
- Ad-hoc projects as required
Sole Role Finance Manager Key Attributes Required:
- Currently operating as a Senior Management Accountant or will have had a prior Sole role position
- Self-starter, willing to take on additional responsibility.
- Finalist or QBE accountant
- At least 3-5 years’ recent experience in creative/marcomms agency
- Ideally, an excellent working knowledge of Paprika.
- Confident & willing to partner with key stakeholders within the business.
- Querying mind, willing to raise concerns and question the status-quo.
- Strong interpersonal and communication skills
- Happy to work along-side the team in the office 2-3 days a week
Traits of the Sole Role Finance Manager
- Enthusiasm and ability to have a positive outlook
- Extremely organised and focused with attention to detail
- Proactive individual who will drive standards.
- Adaptability to change and capable of analysing issues, troubleshooting problems and implementing solutions. Good people interaction skills
- Team player but also someone who is comfortable working independently
VisionFR is committed to encouraging equality, diversity, inclusion and eliminating unlawful discrimination within our workforce and whilst fulfilling our Client recruitment needs .
Due to the high level of applications being received if you do not hear from us within 5 working days, please assume your application has not been successful on this occasion, usually due to other candidates having more relevant sector exposure, qualifications or required skills. We thank you for your interest.
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