Finance Manager
Rutherford Cross
Published
May 2, 2024
Location
Newcastle, United Kingdom
Category
Default  
Job Type
Region
England:
Sector
Industry and Commerce
Specialism
Commercial Finance
Salary Guide
Competitive

Description

The Company

Noblegen is recruiting a Finance Manager as the company embarks on a period of exciting growth and change.  As the business has recently been acquired, it is eager to appoint a Finance Manager to fully support all the financial and commercial aspects of significant growth.

The company is a world leader in the design, development and manufacture of specialist gas and cryogenic solutions, giving a sustainable and cost-effective solution compared to conventional cylinder and bulk liquid supplies. With 30 years of history, knowledge and experience the company is proud to be manufacturing its high-quality products under the official Made in Britain marquee.

The range of laboratory gas, industrial gas and cryogenic liquid nitrogen generators is unrivalled in performance and efficiency, being the only European PSA gas generator company that manufactures both gas and cryogenic liquid nitrogen generators at its UK Head Office.

The business has recently been acquired by Peak Scientific, based in Inchinanan, Glasgow. The team at Peak have exciting plans for the Noblegen business as they have acquired a company producing exceptional products and with Peak’s track record, global reach and market expertise they are confident they can grow Noblegen significantly in the next 5 years.

Parent company, Peak Scientific is a leading innovator in the design, manufacture and support of high-performance gas generators for analytical laboratories. Established in the UK in 1997 near Glasgow (Scotland), where its corporate headquarters and high-tech manufacturing and R&D facilities reside, Peak Scientific boasts a significant local presence on every continent – including major operations in North America, China and India.

At present, Noblegen has an annual turnover of £3m and the systems are basic level, so a hands-on approach is required with flexibility needed to ensure support is provided across all key areas of the business. An exciting opportunity with a blank canvas approach whilst at the same putting in place all the correct compliance and governance needed as the business scales up.

With Peak’s investment, Noblegen is moving from 2 sites in Dunston and Jarrow to a new site in Boldon in September, as the company is going to need a larger workplace to accommodate a significant increase in headcount.

Purpose of the Role

To fully support all the financial and commercial aspects of this growth business. You will be an integral part of a small core team and a key business partner for the general manager. You will work closely with the Group head office as required and provide key business unit updates.

Main Duties and Responsibilities

  • Successfully transition and handover with existing finance support in place
  • Supporting the core onsite team for all financial accounting and management accounting duties
  • Accounts preparation including weekly cashbook and bank reconciliations
  • Weekly cash flow reporting to Mgt and Group, and working capital Mgt of the business
  • Completing Monthly Balance Sheet Reconciliations with the bank, debtors, creditors and stock the key areas
  • Reviewing and investigating P&L and Balance Sheet variances to develop results-focused commentary for inclusion in key financial reports
  • Preparing ancillary returns including VAT and other compliance reporting
  • Reviewing and approving payroll and HMRC returns and payments
  • Supporting a monthly cycle stock counting process
  • Ensuring a compliant process is in place to pay suppliers on time
  • Banking responsibilities, including weekly payment runs
  • Developing and implementing Business Partner Support plan with the General Mgt and CFO
  • Forecasting, budgeting, business plan preparation
  • Credit control, new customer reviews and cash collections assessments as required
  • Liaising with external advisors and auditors to ensure best practice / compliance
  • Reviewing and instigating monthly reporting for group
  • Ensuring the accuracy of turnover recorded from initial order to invoice and cash, including recognition of deferred income / customer deposits
  • Identifying and implementing process improvements and controls
  • Assisting in the finalisation of year-end accounts and annual audits, ensuring compliance with relevant accounting standards and reporting requirements

The Individual

Key Skills and Qualifications

  • Qualified accountant (3 to 5 years PQE)
  • Excellent interpersonal, communication and presentation skills
  • Attention to detail and accuracy
  • Hands-on approach essential for working within a similar-sized business
  • Adaptable to business change and a fast-paced environment with a growth agenda
  • Demonstrated problem-solving and decision-making skills
  • Team player
  • Organises own workload effectively
  • Self-starter

Experience

  • Accounts preparation experience in similar-sized businesses is essential
  • Business partner experience
  • Working within a small core team
  • Products and services business model experience is beneficial
  • Prior use of Xero accounting software would be beneficial
  • Experience in manufacturing and knowledge of stock costing models would be useful

On Offer

  • An attractive financial package is available to the successful individual and will be commensurate with the background and experience required for the role
  • The opportunity to play a key part in the next chapter in the growth of an exciting manufacturing business as it scales up
Apply
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