Financial Controller (Head of Finance)

We are looking for an experienced and commercially astute Financial Controller to join our Clients' Management Team and to help lead this aspirational travel brand and take it to the next level. 

Forming a key part of the Management Team, The Financial Controller will be responsible for all reporting, both internally and to our clients parent Company, as well as handling any budget, forecast and audit requirements.

You will manage a team of three; Accountant, Senior Accounts Assistant & Finance Assistant, and with them have complete responsibility for any monies coming into or going out of the business, such as overheads including payroll, customer payments, supplier payments. You will look after the company’s bonding and currency hedging requirements. 

Key Role Responsibilities:

- Create weekly, monthly and annual reports to identify results, trends, and financial forecasts.

- With your team, ensure that monies are collected from customers and paid onto suppliers as per the company’s contractual obligations, and that all financial transactions are properly recorded.

- Preparation of monthly payroll.

- Purchase and management of foreign currency requirements.

- Get to know reservation systems and payment systems intimately in order to get the most out of them.

- Manage and report on cash flows to maximise the deposit amounts held centrally.

- Regularly review, with a commercial eye, the company’s performance with particular focus on margin analysis in order to identify gaps and opportunities to present to the Managing Director and Management team.

- Establish and implement financial reporting systems where needed

- Handle all bonding arrangements, lease agreements and other long term, large contract arrangements.

- Manage all regulatory reporting.

- Collaborate with auditing services to ensure proper compliance with all regulations and handle the annual external audit process

- Look after occasional internal audits process

- Develop budgets and financial plans for the company based on research and data reports.

- Examine all financial reports and data closely to check for discrepancies

- Report to the Managing Director and Group Finance Director with timely and accurate financial information

- Lead all Finance automation and large projects.

- Work closely with the product department as well as Group to ensure all contracts are accurately reported and calculated in accordance with IFRS 16

Experience Required:

Must be a qualified chartered accountant (ACA or equivalent).

Previous experience in a similar level role, ideally within a travel or leisure business.

Experience in managing a team.

Familiarity with IFRS 15, IFRS 16 and IFRS9.

The Small Print:

Location: Central London on a hybrid 3-2 split in office/wfh

Salary: Available on request, but in line with market rate for this role

Extra: There is a performance related bonus alongside this role

Reports: 3

Start Date: ASAP