Key Responsibilities: Financial Reporting & Management: Prepare monthly, quarterly, and annual financial statements for multiple business entities, ensuring compliance with UK GAAP and IFRS where applicable.
Prepare consolidated financial statements for the group of entities, ensuring accurate elimination of intercompany transactions and balances.
Ensure that all financial transactions are properly recorded, reconciled, and documented across different business units.
Prepare management accounts and provide business leaders with key financial insights and recommendations.
Tax Compliance & Planning: Prepare and submit timely UK corporation tax returns and manage VAT returns for each business entity.
Oversee PAYE and National Insurance contributions for the business, ensuring compliance with HMRC regulations.
Ensure compliance with tax laws, including identifying opportunities for tax relief, allowances, and deductions.
Cash Flow Management & Forecasting: Manage cash flow across multiple business entities, ensuring adequate liquidity and operational efficiency.
Provide regular cash flow forecasts for each entity, including managing working capital needs and projections for future periods.
Budgeting & Financial Planning: Assist in the preparation of annual budgets for each entity and ensure alignment with the company’s financial goals.
Monitor budget performance across business units, highlighting variances and recommending corrective actions where necessary.
Multi-Entity Accounting: Manage intercompany transactions, ensuring accurate recording and reconciliation between entities.
Ensure proper consolidation of financial results from subsidiaries or related businesses.
Provide insights on the financial health of each entity, advising on cost-saving strategies, revenue growth opportunities, and financial risk management.
Software & System Management: Utilize cloud-based accounting software (e.g., Xero, QuickBooks, Sage) to record, process, and report financial data for multiple entities.
Manage integration of financial systems across different business entities to ensure smooth operations and accurate reporting.
External Relationships & Compliance: Liaise with auditors, tax advisors, and HMRC to ensure timely audits and tax filings.
Work with external stakeholders to address any financial queries or concerns and maintain strong relationships with banks and financial institutions.
Remote Collaboration & Communication: Regularly communicate with management, department heads, and other stakeholders via video calls, emails, and collaborative tools (e.g., Slack, Zoom).
Work independently and efficiently, managing time across multiple entities and meeting deadlines in a remote environment.
Key Skills & Qualifications: ACA / ACCA / CIMA Qualification (or equivalent) with significant experience in accounting and financial management.
Proven experience managing finances for multiple business entities, ideally in a multi-entity or group structure.
Strong understanding of UK accounting standards (UK GAAP), corporation tax, VAT, PAYE, and National Insurance.
Expertise in cloud-based accounting software (e.g., Xero, QuickBooks, Sage) and ERP systems (e.g., SAP, NetSuite).
Experience with intercompany transactions, consolidation of financial statements, and multi-currency accounting.
Strong analytical skills with the ability to produce detailed financial reports and provide actionable insights.
Experience with budgeting, forecasting, and cash flow management for multiple entities.
Knowledge of data security protocols and GDPR compliance when handling sensitive financial information.
Excellent communication skills and the ability to collaborate effectively with remote teams and stakeholders.
High level of attention to detail and ability to work independently with minimal supervision.
Strong time management skills and the ability to manage multiple priorities in a remote work environment.
Preferred Qualifications: Experience in remote work or managing finances for remote teams.
Knowledge of international tax regulations if any business entities are based outside the UK.
Advanced Excel skills for financial modeling, data analysis, and report generation.
Experience with financial auditing and external audits.