Job Description

The position of Financial Controller is a central role to the company's operations, working within the company's global accounts teams and leading the finance team within the Gateshead Office, they will be working directly for the Chief Operating Officer.

The Financial Controller is a senior position within the finance team, they will be focused on overseeing collection, analysis and consolidation of financial data to assist with the effective management of the company's finances, the role will be working for the wider West Nautical Group which encompasses both UK and EU companies.

The Financial Controller must be very keen, enthusiastic and willing to put in the commitment to work with their peers. They will be responsible for the following tasks, as well as other tasks as directed by their line manager the pursuit of their role:

General job roles:

Managing day to day Company accounting operations. Working with Directors to create financial strategies to successfully increase profitability via effective processes and controls. Overseeing all financial control activities, including review and analysis of monthly P&L. Provide Directors with accurate and comprehensive financial information. Taking care of tax preparation duties or liaising with external tax accountants for tax preparation. Preparation of yearly budgets and presenting them to Directors. Preparing and presenting quarterly financial figures and projections to Directors. Tracking company commissions and ensuring these are paid to the relevant employees. Tracking company recharges and ensuring these are correctly applied each month. Opening of new bank accounts and overseeing the operations of each account, being the banks main point of contact within WN. Overseeing all company client KYC, running all processes and maintaining all documentation, ensuring it remains up to date and the company is always protected. Overseeing all company insurances and ensuring it remains up to date and the company is always protected. Preparing monthly financial reports, performing account reconciliations and maintaining the general ledger including audit trail support for all journal entries. Oversee all reconciliations with bank accounts resolving and discrepancies. Lead with annual reviews/audits preparation. Ensuring all transactions are recorded, filed and reported correctly. Making sure reporting meets complaint standards and statutory law and financial regulations. Ensuring that the company meets the necessary tax requirements, and by being proactive and aware of the group of companies taxation liabilities, reduces company taxes where possible within all rules and guidelines. Developing and mentoring the finance team including hand on support. Oversee relevant company software, identifying improvements when required. Detailing cashflow projections. Reporting on debtors and creditors. Handling accruals and prepayments. Making company payments across multiple banks and jurisdictions. Ensuring Xero is up to date and accurate at all times. Work within the company's "team" culture, sharing information and not being "insular". Always represent the company in the most professional manner. Provide holiday cover for accounting team as required for company and client accounting.

Person Specification:

Min 5 GCSE's (A-C including Maths and English). Min 2 A levels or other post-school qualifications. Accountancy qualification. Previous experience using Xero accounting software. Have a valid driving license and own car transportation. Experience with the yachting or maritime industry terms is desirable. Previous experience as a financial controller, managing accounts teams. Strong communication skills alongside confident leadership and management skills. Strong analytical skills to effectively analyse financial reports. In depth knowledge of budgeting and financial forecasting. High levels of computer literacy. You will be hard-working and will need a high degree of accuracy. Experience with working with tight deadlines, short turnarounds for work and an exceptional level of detail. Able and willing to adapt to demands and changes in the workplace. Need to live within 45 minute commute from Gateshead Office.
Job Types: Full-time, Permanent

Ability to commute/relocate:

Gateshead NE11: reliably commute or plan to relocate before starting work (required)
Experience:

Accounting: 2 years (preferred)
Language:

English (required)
Work authorisation:

United Kingdom (required)
Work Location: In person

Reference ID: COMACC