Based at their Milton Keynes Headquarters, the Group Finance Manager will report to the Group Financial Controller and be responsible for financial reporting and forecasting for cash flow, balance sheet, and bank covenants. This is a key role in the team responsible for managing operational cash balances and ensuring compliance with loan agreements. The role provides vital support to the business with debt refinancing projects.
Responsibilities
* Month end cashflow reporting for the group to the parent company
* Production of board pack slides for the above for Business Review Meetings and Board Meetings
* Monthly preparation of cashflow and covenants forecasts
* Monthly preparation of interest accruals and other journals connected with net debt (finance lease interest, effective interest, intercompany interest etc)
* Preparation of daily cashflow models and monitoring of operational cash balances and covenant headroom
* Half yearly bank reporting to lenders (actuals versus budget and prior year) and preparation of covenant certificates
* Input and reconciliation of cashflow forecasts in parent company forecasting software
* Support to the business with ad hoc transformation projects that drive improvements in working capital
* Ownership of external and internal audit requests related to the above areas
* Maintain good working knowledge of FRS102 and IFRS with respect to financial instruments
* Preparation of accounting memos for auditors and group finance for new material transactions associated with financial liabilities, cash, working capital etc
* Assist in the production of statutory accounts with disclosure for financial instruments, net debt etc
* Responsible for responding to regular Know Your Customer (KYC), Environmental, Social, and Governance (ESG), and other requests from lenders
* Liaison with the Jersey lawyers in respect of changes to Eurobond listed debt and preparation of board minutes for the same.
* Support with refinance projects including utilisation requests for existing funding arrangements.
The successful Candidate is likely to be an Practice Trained ACA Qualified individual who possesses a strong technical and audit background and is used to preparing technical papers for senior managers and/or auditors, setting out accounting standard implications for new transactions. They will have strong knowledge of IFRS/FRS 102 accounting standards, and may have previously worked in a group finance function preparing management reporting and forecasting, ideally for cashflow, net debt and banking covenants.
Our Client is offering a Salary of £65,000 - £70,000 + Benefits and they will be looking conduct interviews WC 13th April 2026
Salary description
£65000.00 - £70000.00 per year