Financial Director
4 days ago
Main duties include:
- Providing daily, weekly and monthly management information reports.
- Preparing detailed budgets for all business activities.
- Ensuring tax compliance on VAT, PAYE and other Revenue requirements.
- Liaising effectively with banks, creditors, auditors and other external bodies as necessary.
Financial Analysis:
- Developing standard costings for all major activities.
- Analysing labour variances weekly, monthly.
- Helping the management team understand and reduce negative variances.
- Identifying the most effective ways to maximize margins while complying with regulatory requirements, satisfying customer demand and enhancing market positioning.
- Developing simple models to identify and maximize revenue.
Working Capital Management:
- Preparing weekly Aged Debtors and Creditors report.
- Ensuring all invoices are issued promptly and cash collection targets achieved.
- Preparing detailed processes for all relevant VAT/PAYE requirements and ensuring compliance.
- Ensuring accurate recording of all banking and other internal controls.
- Preparing and issuing weekly summary of all cash/banking/working capital movements.
HR/IT/Insurances/Risks:
- Helping develop the culture of the organization to ensure all employees are treated with respect and the business complies with all statutory requirements.
- Ensuring all personnel have formal employment contracts, are issued with an Employee Handbook, receive proper induction training and all complaints/grievances are properly handled.
- Reviewing all accounting and IT software in terms of fit with business requirements and taking action accordingly.
- Ensuring all insurances are in place and claims handled both timely and accurately.
- Preparing and updating a risk register to monitor and manage the key risks in the business.
The ideal candidate has a qualified accountant with a minimum of 5 years' pqe, strong technical accounting knowledge and understanding of Irish financial regulations and tax laws. They must be able to take ownership of financial reporting and office management and build a great relationship with the Board.
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