Finance Manager - #1766411
Fuelmii
The Company:Fuelmii is one of the UK’s fastest growing and exciting start ups. The company has grown rapidly over the last five years and is continuing to grow nationally. We consistently strive to revolutionise and mobilise fuel consumption in the UK saving fleets time, money and hassle in fueling at petrol stations.
Fuelmii is currently the European leaders in the mobile fueling sector therefore our brand and credibility is imperative to our future growth and our team members are our brand ambassadors. We have built a team of friendly likeminded people who are hungry for growth and we want to expand on the talent we have by welcoming new members to our team. The Role:Working closely with the CEO and relevant team on terms of finances, including purchase, expenses, budgets and overall accounting.
Resolve any issues that arise with the appropriate internal teams and CEO to ensure financial security. Strategic analysing financial performance, advising the senior management on these findings and implementing recommendations to achieve the most profitable results for the business. Active involvement in the corporate finance dimension of the business inc. investors relations, equity/debt mobilisation and capital restructuring tasks.
Delivering all financial duties accurately within the timelines and legal requirements. Ensure that the brand and services of Fuelmii are delivered in the best possible way to customers, suppliers and wider reach. Communicate with the internal teams in a collaborative and supportive manner at all times
What’s On Offer:Salary £60,000 - £65,000Clear career progression
Company laptop & phone
Main Tasks:Provide leadership in the development for the continuous evaluation of short and long-term strategic financial objectives.Collaborate with various departments of the company to minimize and mitigate financial risk.Develop, implement and monitor variances of monthly and annual budgeting system for the business; Draft and periodically adjust long term strategic financial mile stones for the company.Provide CEO with advice on the financial implications of business activities regularly
Establish financial operational strategies by evaluating trends; establishing critical. Measurements; determining production, productivity, quality, and customer-service strategies; designing systems; accumulating resources; resolving problems; implementing change. Develop organization prospects by studying economic trends and revenue opportunities; projecting acquisition and expansion prospects; analysing organization operations; identifying opportunities for improvement, cost reduction, and systems enhancement; accumulating capital to fund expansion
Work with third party to assess and develop long term tax planning strategies
Conduct feasibility study on capital expenditure and make recommendations to the senior team of its outcome from a financial perspective
Explore and implement hedging strategies with overall global fuel prices forecasts. Review overall remuneration, rewards and commission policy in collaboration with Human Resource. Manage financial aspect of company’s pension scheme.
Setup employee equity participation and share ownership structure/ scheme. Assist CEO and the executive team to prepare and present board papers in regards to financial aspect of the business. Prepare and circulate monthly and periodic financial and management accounts; monitors financial performance by measuring and analyzing results; initiating corrective actions;Minimizing the impact of variances.
Coordinate and manage the annual audit process
Maintain efficient system of customer billing and accounts receivables, supplier payments and accounts payables
Maintain Fixed Asset register of the company in regards to capital expenditure, depreciation, disposal, insurance and maintenance expense
Manage any third parties to which accounting, finance and statutory filing functions have been outsourced; assure legal and regulatory documents are filed and monitor compliance with law sand regulations.Work with ICT department to oversee accounting system implementation, maintenance and
Upgrades-Manage and keep up to date all insurance covers for the company-Maintain and review all goods and support supplier contracts-Manage Payroll system and prompt salary/ wages disbursements.-Maintain Banking and financing relationships with all fanciers-Manage R&D Tax Credit process-Establish and manage expense requisition process of the company.-Create and maintain relationships with service providers and contractors
Oversee financial aspect of fleet management in regards to lease payments, maintenance cost, fuel expense and disposal
Implement Cost of Goods policy with regards to stock of fuel held for resale
Perform risk management by analysing the organisation’s liabilities and investments
Decide on investment strategies by considering cash and liquidity risks
Control and evaluate the organisation’s fundraising plans and capital structure
Supervise investors’ due diligence process including maintenance of data room
Represent the company with the CEO with all range of investors (current and prospective) negotiations, preparation of pitch decks, Information Memorandums and draft Term Sheets.Support the business through change and growth periods, coordinating corporate finance, debt, taxation, equity and acquisitions, as appropriate
Monitor compliance with equity and debt covenants
Ensure procurement processes are implemented and adhered to throughout the business
Key Attributes and requirements:Strong interpersonal skills, ability to communicate and manage well at all levels of the organisation and with staff at remote locations
Results-focused, strategic thinker and planner
Ability to inspire confidence and create trust and proven negotiation skills
Ability to work under pressure, plan personal workload effectively and delegate
Meet the requirement for a commercially astute, articulate, technically strong, dynamic, insightful and influential leader with the ability to operate at both strategic and operational levels
Energetic, highly motivated, with an enquiring mind and passion for excellence and innovation in pursuit of business growth and success
Strong problem solving and creative skills and the ability to exercise sound judgment and make decisions based on accurate and timely analysis
High level of integrity and dependability with a strong sense of urgency and results-orientation
Advanced computer skills, including proficiency in MS Office and Microsoft Dynamics SL financial reporting software
Strong financial and accounting background, including an understanding of profit and loss, balance sheet and cash flow management and general finance and budgeting.Experience with corporate governance.Experience with budget management, public accounting, and cash flow.Excellent knowledge of data analysis and forecasting methods
Professional accounting designation (ACA, ACCA, CIMA)Working Hours:Monday to Friday 09:00 - 17:30
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