Head of Finance is more operational than a CFO, managing the day to day finance, cashflow and reports on the current state of finance.
Key Responsibilities of a Head of Finance:
- Responsible for managing the finance department and leading a team of people. Line management responsibility includes holiday planning, appraisals and personal development and training.
- Working with the MD to develop the firm's annual budget in line with the business plan including liaising with business leaders and reviewing assumptions. Close control of the expenditure to ensure it is in line with sales plans; enforcing changes where necessary.
- Preparing commentary on financial performance against budget - to include reviews of income, profit and expense activity with budget holders and future forecasts.
- Reviewing the cash flow of the company and monitoring performance against budget on a monthly basis.
- Preparing the budget and periodic reforecast; reviewing work and collating the results. Understanding and taking action against variances.
Desired Skills and Experience of a Head of Finance:
- Must be fully qualified (ACA / ACCA / CIMA)
- Highly motivated and pro-active self starter
- Prior media/project experience is essential
- Excellent inter-personal and communication skills
- Previous experience of managing and developing staff
- Ability to work with a high level of accuracy and meet strict deadlines
- Ability to work in a fast paced and dynamic environment
- Excellent Excel skills
The City of London is the hub of business activity in London and is the is one of the central business districts of the world.
It is known as 'the square mile' because it is 1.12 square miles in area. It contains several professional services centres including Insurance, Legal and of course, Finance.
Liverpool Street and Bank are closest to the insurance activity which is centred around the Lloyd's building near Leadenhall Market.
Temple and Chancery Lane are all close to the Legal inns of court and are also inside the boundaries of the square mile.
Other non-sector specific areas in the City of London are St. Paul's and Blackfriars, close to both of these are various famous roads such as Old Bailey which is home to the Central Criminal Court and the historic newspaper publishing hub, Fleet Street.
The areas closest to the River Thames are Monument, which commemorates the Great Fire of London and Tower Hill in the London Borough of Tower Hamlets.