Refeyn

Finance Manager

Company
Location
Oxford, England, United Kingdom
Posted At
11/27/2024
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Description
The Role:

The Finance Manager reports to the Group Financial Controller (GFC) and will be responsible for transactional processing, primarily Accounts Payable (AP) and Treasury. As part of this, they will supervise the Accounts Payable Assistant and the Accounts Assistant with day-to-day tasks including payment runs and bank reconciliations. Formal line-management of the two employees will sit with the GFC and not be part of the role.

They will assist the GFC with the month end process, including the preparation of balance sheet recs (including the fixed assets register), posting accruals and prepayments, and the preparation of monthly functional reporting packs used to review the monthly numbers with the rest of the business.

Refeyn is a values-led Company that is committed to celebrating each other's differences and creating a dynamic, driven and diverse culture where everyone can flourish. We are proud to have been awarded Committed Status by the Inclusive Employers Standard in 2024 and are working hard to create a safe and empowering environment for all.

We firmly believe that there is great strength in building teams with different voices, experiences, perspectives, and backgrounds so that we can continue to share the team workload and enable our customers to succeed, and we welcome applicants from all sections of society to join us on our mission to transform analytical workflows using the power of light.

Like all roles at Refeyn, this is a varied role with a wide remit and plenty of scope for growth!

Primary responsibilities for this role include:

  • Responsible for managing the procure-to-pay (P2P) process:
    • Supporting the team with complex transactions and scenarios and raising issues with the GFC where appropriate.
    • Review the weekly AP ageing analysis and control of AP ledger.
    • Review and approve expense submissions via Expensify.
    • P2P related workflow approvals, e.g., New Vendor, Bank Details and Finance PO approvals.
    • Oversee the monthly clear down of overdue POs.
    • Oversee the raising of POs for the Finance & Legal functions.
    • Oversee the weekly payment run
  • Responsible for day-to-day Treasury management and postings:
    • Responsible for month end bank reconciliations across all Group bank accounts, investigating and resolving differences.
    • Responsible for monthly and weekly credit card reconciliations for all Group credit cards, investigating and resolving differences.
    • Cash balance management including management of currencies for payment runs.
    • Responsible for the distribution of the weekly liquidity tracker.
  • Support with the payroll cycle:
  • Alongside the Financial Reporting Manager and AP team, manage all payroll payments including payroll taxes and PEO invoices across all payrolls.
  • Support with the month end close process:
    • Supervise AP close process including raising of intercompany invoices.
    • Perform review of operating expenses creating any new prepayments and fixing incorrect postings as relevant.
    • Release existing prepayments and accrue late invoices and receipted POs as appropriate.
    • Prepare and maintain the fixed asset registers.
    • Prepare BS recs for review.
    • Provide written commentary on variances to budget for the month end management pack.
    • Prepare and review functional packs for distribution to the wider business.
We are ideally looking for someone with the following skills and experience:

  • QBE, part-qualified or newly qualified accountant
  • experience of working as a Management Accountant within a similar organisation
  • results oriented with a systematic and organised approach to work
  • strong ability to plan and deliver to deadlines
  • strong communication skills and an ability to communicate financial results to non-finance stakeholders

We know there is no such thing as the perfect candidate and that there is great value in transferrable skills, so please don't feel you have to tick all of the above boxes to apply!

Why work for Refeyn?

Compensation And Core Benefits

  • We anticipate a salary between £60,000 and £70,000 for this role, depending on the candidate's experience.
  • 25 days annual leave per year in addition to bank holidays
  • Up to 7% employer matched pension contribution
  • Private health insurance from day one plus critical illness cover, income protection and life insurance
  • Give as You Earn and Cycle to Work salary sacrifice schemes.

Family Friendly Benefits

Refeyn offers the Enjoy Benefits Nursery Scheme to employees after 3 months, and new parents can benefit from up to 17 weeks fully paid maternity, adoption and shared parental leave, 4 weeks fully paid paternity leave, plus an annual allowance for emergency childcare.

Supporting your Development

All employees receive access to Linkedin Learning which offers thousands of courses to support their personal and professional development. We also run frequent training sessions on both hard and soft skills.

Creating an Engaging Culture

Refeyn supports hybrid working where the role allows and offers flexible start and finish times. We also have a subsidised weekly lunch for onsite employees and a vibrant social calendar which includes holiday parties and midsummer festivals plus an annual team budget for managers to plan team-building activities.
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