Finance Manager

Job DescriptionWe are recruiting for our client, a consumer social media agency based in East London. They offer hybrid working with 3 days a week at their office and 2 days from home.They are looking to hire a Finance Manager to manage the day-to-day financial operations of the agency. This is a hands-on role with responsibility for all aspects of finance across the business. This person will need to be highly organised, have good financial acumen and be a natural problem solver.As the sole full-time in-house Finance role of the agency, you will be expected to work independently, but will have support from an external accounting firm for specialist tasks such as payroll, preparation of the annual accounts and corporation tax computations.This is an exciting opportunity for someone that wants to be involved in all financial aspects of the agency from the day-to-day bookkeeping, client invoicing and supplier payments through to the creation of the monthly management accounts. You will be a key part of the team, involved across all parts of the business, leading financial communications with divisional heads, running regular check-ins, dictating financial processes and ensuring both the agency and suppliers are paid on time.Key SkillsStrong analytical and logical reasoning abilitiesExceptional precision and attention to detail with excellent organizational capabilitiesEffective communication and presentation expertiseProficiency in conveying intricate financial data in a straightforward and succinct mannerHigh level of discretion and confidentiality when handling sensitive informationFamiliarity with financial software such as Xero, Dext, and other relevant platformsAdvanced proficiency with Excel, Google Sheets, and Apple NumbersSkilled in prioritizing tasks and working autonomouslyQualified or pursuing CIMA/ACCA qualificationsProcess-oriented approach with a focus on evaluating and optimizing financial workflows to enhance team efficiency and productivityKey ResponsibilitiesPurchase & Sales Ledger:Registering suppliers in the finance and resource management system (Synergist) and bookkeeping platforms.Overseeing Xero and all accounting tasks, including recording supplier invoices, organizing payment runs, processing expense claims, and managing monthly credit card statements.Reconciling purchase orders.Handling subscriptions and renewals for tools, software, and other services.Managing client invoicing and debt collection, ensuring all invoices are received, obtaining client statements, and confirming payment dates.P&L and Balance Sheet Management:Preparing monthly management accounts and providing insights on outcomes and variances to the leadership team.Supporting revenue tracking, analyzing recognition, and managing accruals and deferrals journals.Conducting monthly balance sheet reconciliations, regularly reviewing and auditing all statements and reports, and investigating any inconsistencies.Compiling preliminary accounts for year-end with guidance from the Finance Director.Assisting in planning and forecasting activities.Reporting:Serve as the primary liaison with the external accounting firm for all financial aspects, including year-end accounts, corporate tax, payroll, pensions, secretarial services, and other ad hoc tasks.Assist the Finance Director in managing and reporting cash flow on a weekly basis.Collect and analyze financial data for internal use.Assess the company's performance based on key metrics.Prepare and present financial data for company meetings.Manage VAT records, perform quarterly audits, and file quarterly returns.Conduct regular meetings with department heads to review reconciliations and performance against projected targets, providing guidance for financial decision-making.General:Continuously seek opportunities to reduce company expenses and enhance profitability and growth, such as recommending changes in suppliers or implementing more efficient practices.Oversee financial systems, policies, and procedures throughout the company.Perform risk assessments and provide guidance on reducing financial risk.Assist with procurement processes in collaboration with the Operations Director.Engage with clients on financial matters and payments as needed.Salary: Up to 48k
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