Key Roles and Responsibilities:
* Preparation of monthly management accounts in a timely and accurate manner.
* Analysis of key trends and KPIs within the business to inform strategic decisions.
* Preparation of annual financial statements and supporting documentation for audit purposes.
* Creation of budgets and forecasts to ensure effective financial planning.
Accounts Payable and Accounts Receivable:
* Management of weekly accounts payable payment cycle.
* Oversight of accounts receivable to ensure timely collection of amounts owing.
Financial Management:
* Daily cash flow/cash management through effective reporting systems.
* Active participation in business operations.
* Review of bank/credit card reconciliations prepared by the finance administrator.
Audit, Tax and General Compliance:
* Year-end audit liaison and preparation of necessary documents.
* Preparation and overview of tax returns and compliance, including VAT and PAYE.
Process Review:
* Review of existing processes and controls across the business, including accounts receivable, accounts payable, payroll, banking, and others as required.