Finance Manager

Llaeth y Llan is an award-winning family-owned business employing 60 people which produces and delivers its own brand and customer branded dairy products. The products are specially targeted at independent food retailers, multi-retailers and wholesalers within the chilled food sector.

We are seeking a skilled Finance Manager reporting directly to the CEO to guide high-level strategic financial planning and oversee day to day financial activities. The primary responsibility is managing the financial health of the company by overseeing financial operations, planning, reporting, analysis while ensuring compliance with financial regulations.

Package/Benefits

Job Type: Full-time – 40 hours per week. Monday to Friday

Additional pay:

• Bonus scheme

Benefits:

• Company pension
• On-site parking

Work Location: Hybrid remote in Denbigh, LL16 5DR

Application deadline: 10/09/2024

Qualifications/Competency:

• Proven experience in a Finance Manager position or equivalent
• Professional accountancy qualification (ACA/ACCA/CIMA).Qualification by experience will also be considered.
• Previous experience in the manufacturing/food industry desired but not essential,
• A high level of numeracy and the ability to explain complex financial information in a clear way.
• Professionalism and commitment; with excellent oral and written communication skills.
• Excellent IT and Project Management Skills
• Strong interpersonal and teamwork skills, with the ability to work with colleagues at all levels including non-finance members of staff.
• A lively and enquiring mind with a logical approach to work, combined with analytical and problem-solving skills.
• Organisational skills with the ability to work under pressure and to meet deadlines.
• Experience of managing and mentoring members of the finance team together with non-finance experts with their finance based requirements.
• Ability to be flexible and quickly adapt to changing business needs and processes.

Role/ Responsibilities:

Strategic Support – Provide leadership and support for the CEO in the development and management of the business strategy.

Annual Financial Information – Ensure that information prepared accurately for timely completion of annual statutory accounts.

Period Financial Information – Ensure that specified financial information is produced on a periodic (weekly/monthly/quarterly) as required.

Capital Management – Monitor cashflow and funding requirements and ensure that suitable funding is in place for working capital and capital requirements.

Budgeting – Manage and co-ordinate the annual budget process and monthly financial analysis against budget.

Product & Customer Profitability – Perform analysis of revenue, direct and indirect costs by product and customer to inform the business on any profit opportunities or risks.

Commercial Support – Provide product cost build-up for new product and customer opportunities, any data required for customer QBRs and any additional information as required.

Costing & Transaction Management – Systems and processes to ensure accurate and timely allocation of transactions and costs to aid further analysis and tax compliance

Sales Invoicing & Recovery Support – Ensure that all sales invoicing is completed on a timely and accurate basis. Where potential risks are identified regarding value recovery, engage with recovery services to ensure recovery is made.

Payments Management – Ensure that payments, including payroll runs, suppliers, subcontractors, manual payments, etc are paid on a timely basis, in a robust manner to avoid error and fraud

Payroll – Ensure that weekly and monthly payroll processes are completed in co-ordination with outsourced payroll.

Statutory Compliance – Ensure that all statutory liabilities are calculated correctly and paid on time. All associated reporting to be completed.

Tax Risk Management – Ensure that we manage our tax risks in accordance with our Group Tax Strategy. Ensure that specialist advice is sought where required.

Business Analysis – Perform regular and ad-hoc financial analysis for business users to inform monitoring and decision making.

Business Surveys & Statistics – Ensure completion of government surveys and statistics

Banking – Managing the banking for the Group, including:

• Keeping systems and internal controls up to date
• Compliance with covenants
• Ensure suitable review, access control and segregation of duties to manage the risk of error and fraud

General Insurance – Lead the completion of the annual insurance renewal, through co-ordination of the process, provision of relevant financial information and review of insurance recommendations.

Business Systems – Design, develop and implement financial and operational systems

Finance Team – Manage and mentor finance teams, providing guidance and fostering professional development.

Ad-Hoc – Provide ad-hoc support and advice to the business and business units as and when required.