Finance and Purchasing Manager
Position: Finance and Purchasing Manager
Package: £45,000/yr – £50,000/yr
Location: London, England
This is an exciting opportunity for an experienced Finance and Purchasing professional to join an established food business. Our client is looking for someone who has a mix of financial/accounting experience as well as purchasing/supply chain experience, ideally from a food background.
Finance and Purchasing Manager Responsibilities:
- Maintain comprehensive financial records, overseeing day-to-day commercial documentation and bookkeeping protocols.
- Generate Monthly Management Accounts following prescribed Profit and Loss (P&L) and Balance Sheet formats.
- Take ownership of budget and forecast models for internal and external review.
- Effectively manage cashflow by ensuring timely collection of debtor book and overseeing creditor ledger payments.
- Handle insurance coverage and costs.
- Manage foreign currency exposure.
- Oversee order processing and invoice production.
- Establish and maintain demand planning systems to control raw material purchases and production output.
- Provide costings for both in-house and externally sourced products.
- Negotiate and collaborate with suppliers.
- Maintain accuracy in stock record keeping, rotation, and picking disciplines to minimize stock losses.
- Liaise with outsourced support to uphold Health and Safety best practices and maintain record-keeping disciplines.
- Support machinery and facility quality through the implementation of preventative maintenance schedules and practices.
- Optimize inbound transport and customer delivery schedules to reduce costs and enhance efficiency and customer service.
- Oversee payroll and contribute to the development and maintenance of HR policies, handbooks, job descriptions, and appraisal and bonus structures.
- Ensure commercial contractual legal security throughout the business.
- Collaborate with outsourced support to establish and maintain a secure and recoverable IT hardware infrastructure.
- Evaluate and implement software solutions that enhance customer service and productivity, ensuring ongoing effectiveness.
- Develop and maintain a KPI infrastructure for performance and cost control.
- Provide sales analysis and associated systems to support business development.
- Deliver ad-hoc reports, analyses, performance data, and record-keeping as needed.
Qualifications and Skills:
- Proficient in bookkeeping, including Bill of Materials (BoM) assembly and sales invoicing
- Experience in delivering Monthly Management Accounts and KPI dashboards.
- Capability to produce Financial Forecasts (P&L, B/S & Cashflows).
- Expertise in purchasing disciplines, ideally including demand planning and batch cost modelling.
- Strong understanding of inventory software systems and manufacturing processes.
- Exposure to broader HR and IT responsibilities
- Analytical acumen