Beginning in 1968 HYTORC has established itself as the worldwide leader in hydraulic and pneumatic torque wrench manufacturing and has become the most trusted name in the industry. Over our 50-year history we have focused on engineering new technologies while building a 24/7 service network. Our mission: to make industrial bolting simpler, more precise, and more reliable. Whether we're helping to cap the Gulf oil leak in the bottom of the ocean or reaching for the sky in erecting the Freedom Tower in NYC, we provide a myriad of industries with better bolting solutions.
The successful candidate will possess sound technical finance knowledge and experience, as well as the ability to manage the department staff as well as providing guidance to improve the performance of the team. The Finance Manager will also be part of the Company leadership team and must possess the interpersonal skill necessary to interact effectively with other Department Heads.
Essential Duties and Responsibilities:
Commission calculations and production of copy invoices and summary reports
Month end routine tasks such as account reconciliations, journals and pension input
Inventory valuation control, including ensuring completeness of costing
Maintaining credit control and collating credit reports for review
Managing Accounts Receivable collections and ensuring they remain within tolerance
Preparing and/or reviewing UK month end sales reports, including reporting of discounts
Maintaining the Fixed Asset Register to account for monthly additions, disposals, etc.
Accounting for prepaid stock and goods in transit
Assisting with calculation of prepayments, accruals and provisions
Preparing reports for month end closing and ensuring closing completed on schedule
Delivering weekly cash and bank reporting
Assisting with preparation of payment runs
Calculating recharges to International offices and invoicing for these
Involvement in Foreign Exchange management
Collation and review of monthly UK Service revenue reporting
Delivering revenue performance to sales agents
Review of UK performance against budget and managing budget updates
Completion of quarterly VAT returns for both entities
Mentoring and assisting with team coaching and financial training
Assisting with financial reports requested from Head Office
Management of the annual statutory audit for UK entities
Ad hoc tasks to support the International Finance Controller and parent company CFO.
Supervisory Responsibilities:
Two direct reports, to supervise:
Planning and organizing team workload and assign projects as needed
Ensure the team's tasks are completed accurately and on time
Provide guidance, support, training and development to the direct reports
Complete and facilitate periodic performance reviews, set goals and evaluate their results
Other relevant tasks as assigned.
Education/Experience Required
At least 2-5 years of relevant role experience.
Accounting qualification attained, such as a degree or ACA/ACCA/CIMA.
Minimum of 5 GSCE's including Maths and English.
Computer Skills Necessary
Proficient in use of MS office packages and experience of various accounting software or ERP systems, experience of using SAP would be desirable.
Physical Demands/Requirements
Not applicable.
Work Environment
* Full time, Office based.
MNCJobs.co.uk will not be responsible for any payment made to a third-party. All Terms of Use are applicable.