Finance Manager
Reference: JN -032025-216126
Type: Permanent
Location: Ilford, East London, England
Industry: Not for Profit and Charities
Phone: 020 7419 8900
Finance Manager
Morgan Hunt are working with a Home Care Service based in Redbridge who are looking at recruiting a Finance Manager. This is a permanent role paying up to £45k. This role is full-time, Monday – Friday (9am – 6pm), fully office-based.
Key Responsibilities of the Finance Manager:
Financial Management & Reporting
- Oversee financial planning, forecasting, and budgeting, ensuring effective cost control.
- Prepare financial statements, profit and loss reports, and balance sheets for senior management.
- Monitor cash flow, expenditure, and financial risks, ensuring robust financial health.
- Manage accounts payable and receivable, ensuring timely processing of invoices, payments, and reconciliations.
- Conduct monthly bank reconciliations, ensuring financial records are accurate and up to date.
- Support year-end audits, liaising with auditors and ensuring compliance with financial reporting standards.
- Conduct internal financial audits, identifying potential risks and ensuring proper controls are in place.
Payroll Management
- Process monthly payroll, ensuring accurate calculation and processing of salaries, deductions, pensions, and benefits.
- Maintain employee payroll records, including new hires, terminations, pay adjustments, and statutory payments.
- Ensure compliance with HMRC regulations, including PAYE, NI, statutory sick pay (SSP), statutory maternity pay (SMP), and pension contributions.
Compliance & Risk Management
- Ensure compliance with tax regulations, employment laws, and financial policies.
- Maintain adherence to GDPR, Data Protection Act 2018, and Freedom of Information Act 2000.
- Implement internal financial controls to prevent fraud and errors.
Team Leadership & Process Improvement
- Supervise and lead a finance and payroll team, providing guidance and support.
- Implement process improvements to enhance efficiency, accuracy, and reporting within financial operations.
- Work closely with HR and senior management to align financial strategies with business objectives.
Previous Skills and Experience of the Finance Manager:
- Must have public sector experience – ideally in the social care sector.
- Part-qualified accountant (or significant, recent, and relevant experience).
- Proficiency in payroll software such as Sage, IRIS, Xero, QuickBooks, or BrightPay.
- Strong Microsoft Excel skills and experience using accounting systems to build and amend financial reports.
- Experience in financial planning, variance analysis, and risk management.
- The successful candidate must hold an Enhanced DBS or be willing to have one processed for the position.
Interviews and start date ASAP so please apply NOW if interested