Finance Manager

Cramlington, ENG, GB, United Kingdom

Job Description

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.

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Job Detail

  • Job Id
    JD3992541
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Full Time
  • Job Location
    Cramlington, ENG, GB, United Kingdom
  • Education
    Not mentioned