Finance Manager Job In Sheffield

Connected Search Group have been retained to help one of the most interesting manufacturing businesses based in Sheffield. Our client is seeking a skilled and experienced Finance Manager to join the team and oversee all financial aspects of the business's operations. The ideal candidate will have a strong background in finance, with a focus on manufacturing environments, and be capable of taking the accounts up to trial balance while collaborating closely with the Finance Director to produce monthly management accounts. This role offers an exciting opportunity to contribute to the financial success and growth of the business.

Key Responsibilities:

Financial Reporting:

• Prepare and maintain accurate financial records, ensuring compliance with accounting standards and regulations.
• Lead the month-end and year-end closing processes, including reconciliations, journal entries, and adjustments.
• Generate financial statements, including the balance sheet, income statement, and cash flow statement.
• Assist in the preparation of annual budgets and forecasts, providing insights and analysis to support decision-making.

Management Accounting:

• Work closely with the Finance Director to produce monthly management accounts, providing timely and accurate financial information to support business decisions.
• Analyse variances between actual performance and budgeted/forecasted figures, identifying key drivers and recommending corrective actions as needed.
• Develop and implement financial controls and procedures to improve efficiency and mitigate risks.

Cost Analysis and Control:

• Monitor and analyse manufacturing costs, including raw materials, labour, and overhead expenses.
• Identify opportunities for cost reduction and process improvements, partnering with cross-functional teams to implement initiatives.
• Conduct regular reviews of pricing strategies and product profitability, advising on pricing adjustments as necessary.

Financial Planning and Analysis:

• Collaborate with department heads to develop departmental budgets and forecasts, providing financial insights to support strategic planning and resource allocation.
• Perform financial modelling and scenario analysis to evaluate business opportunities and investment decisions.
• Prepare ad-hoc financial reports and analyse them as requested by senior management.

Team Leadership and Development:

• Manage and mentor a team member, fostering a culture of continuous learning and development.
• Provide guidance and support to staff members, ensuring high-quality work and adherence to deadlines.
• Foster collaboration and communication across departments, promoting a strong finance-business partnership.

Qualifications and Skills:

• CIMA, ACCA or Qualified by Experience
• Proven experience in a similar finance role, ideally within the manufacturing industry.
• Strong understanding of accounting principles and financial reporting standards.
• Proficiency in financial software and ERP systems; experience with Sage is a plus.
• Excellent analytical and problem-solving skills, with the ability to interpret financial data and make strategic recommendations.
• Strong communication and interpersonal skills, with the ability to effectively interact with stakeholders at all levels of the business.
• Leadership experience, with a demonstrated ability to motivate and develop a team.
• Attention to detail and a commitment to accuracy and integrity in financial reporting.

Package:

• £45,000 to £55,000
• 24 days holiday, plus BH
• Pension
• Opportunity for flexible working and hybrid
• Opportunities for career advancement and professional development

Please apply if the role is of interest to you.