Group Intro:
Established in 1955, BM Group is one of the largest steel stockholders, processors and premium partner of Architectural, Access and Safety products in the UK, with 500 employees across our divisions – BM Steel, BM Architectural, SPS, IMS, Pulmans, Barclay & Mathieson and AFG. As part of Marubeni-Itochu Steel Inc., we operate globally while maintaining a fast-paced working environment across our depots, service centres and head office. Our people are our greatest strength, and we’re proud to foster a culture built on our core values of Innovation, Inspiration, Collaboration, Integrity and Excellence.
Role and Responsibilities:
· Preparation and submission of accurate monthly accounts to B&M Group by working day 2 each month, along with supplementary information required
· Posting of all required accounting entries for accruals, stock, fixed assets, hire purchase leases etc. in the Sage50 system and reconciliation of all balance sheet codes on a monthly basis
· Safeguarding of company assets by ensuring appropriate processes and controls are in place and adhered to, especially with regard to cash
· Monitoring of the aged debtors list and working with the Accounts Assistant to ensure any overdue debts are followed and collected
· Supporting the business with financial analysis as and when required by the management team, to help drive performance
· Preparation of the fortnightly payroll and liaison with the 3rd party payroll support provider to ensure all employees are paid correctly and on a timely basis. Ensuring payments to HMRC, pension companies etc are made promptly
· Monitoring of accounts assistant holiday allowances and monitoring company holiday buy back scheme· Preparation and submission of annual P11D’s
· Preparation and submission of quarterly VAT returns
· Administration of the bank accounts. Payment of suppliers and other required partied, including FX transactions
· Liaison with professional advisors to ensure the statutory accounts and corporation tax returns are accurate and submitted in a timely fashion
· Organise and oversee stock takes on a periodic basis
· Line manager responsibility for the Accounts Assistant, as well as cover when they are on vacation or otherwise
· Preparation of the annual budget for the B&M Group, as well as any other forecasts required, including cash flow
· Participation in ad hoc projects to further align the AFG financial processes with those of B&M Group
· Developing close relationships with the business to ensure Overhead spend is captured, recorded and forecasted on a timely basis
· Analysis of slow moving stock
· Gross margin analysis by customer
· Be the ERP champion for AFG, ensuring users are fully educated and aware of best practice for all the various transaction types (sales, purchases, credit notes, stock transfers, stock adjustments)
· Develop automated reports within the group reporting system (Phocas) to provide the commercial teams with easy to access and understand business performance information
· Be the primary contact for credit insurance matters both with external broker and internal sales team
· Prepare board slides including financial information in collaboration with the managing director
· Responsible for monitoring company KPI’s and preparation of daily financial information for the group
· Be responsible for review and approval of staff expenditure
· Business partner with sales and production to increase financial understanding and transparency
Work Location: In person
