Financial Controller - Simply Commerce Recruitment Ltd : Job Details

You'll be joining a vibrant and energetic team at an exciting pivot point for the business. You'll be supporting the growth journey of the business to achieve ambitious business goals over the next 3 years, and beyond. Based in Central Reading with excellent transport links and a managed service office.

Join us now, as our financial controller.

Responsibilities

• Ensure the daily cash flow is up to date.
• Reconcile the invoice discounting facility or factoring alongside all bank accounts.
• Update Xero and ensure all invoices and payroll are sent.
• Manage age debt collection.
• Control the monthly commission payable to colleagues.
• Oversee all bank reporting.
• Collate all information required under UK law to pay all taxes.
• Preparation and review of annual accounts.
• Ensure accurate and timely billing for all contractual workers placed with clients.
• Oversee the payment process for contractors, ensuring compliance with agreed terms.
• Act as the financial point of contact for clients, handling inquiries and resolving any billing or payment issues.
• Ensure all financial practices adhere to UK regulations, particularly those affecting employment and contract work.
• Reconciliation and payment of creditors.
• Prepare accurate and timely monthly, quarterly, and annual financial statements.
• Develop, manage, and oversee the company’s annual budgeting process.
• Provide accurate forecasting to support strategic decision-making.
• Implement and maintain robust internal control systems to safeguard company assets.
• Ensure compliance with all financial regulations and standards, including local and international laws.
• Liaise with external auditors during the annual audit process.
• Regularly review and analyse expenses to ensure financial efficiency.
• Management of Company credit cards

Additional

• Get involved in our compliance system regarding the preparation and analysis of compliance
• documents and drafting contracts for candidates and clients if needed
• Assure the gatekeeping for our CRM and manage the completeness of the placements
• CRM administration including management of targets and billing data
• Manage, edit and approve these placements regarding their fulfilment status
• Overseeing the compliance of our active runner base and analyse risk regarding project
• deployment
• Generating new permanent terms, contract MSA’s and contractor extensions
• Supporting leadership with the presentation of monthly/quarterly business updates
• Supplier management

Qualifications

• Bachelor's degree in Finance, Accounting, or a related field.
• Proven experience as a Finance Controller or similar role.
• In-depth knowledge of corporate financial law and risk management practices.
• Excellent knowledge of data analysis and forecasting methods.
• Previous experience in the recruitment or staffing industry, particularly in IT or contractual staffing.
• Strong knowledge of UK laws and regulations, particularly those relating to contract workers.
• Knowledge in financial modeling and forecasting for businesses with a high volume of contractual transactions.