Finance Manager
Northwood, Middlesex
About The Well Group
The Well Group is a specialist compliance and facilities services provider delivering water hygiene, legionella control, plumbing, facilities management, fire safety and electrical services across London and the South East. We work with local authorities, schools, NHS organisations and commercial clients, delivering statutory compliance and maintenance services.
As the business continues to grow, we are seeking an experienced Finance Manager to take ownership of the company's financial operations, strengthen financial controls, and provide the management information required to support strategic growth.
The Role
The Finance Manager will be responsible for the day-to-day management of the finance function, ensuring robust financial controls, accurate reporting, effective cashflow management and timely financial information for the leadership team.
This is a hands-on role that will evolve as the business grows. The successful candidate will work closely with the Managing Director and will be expected to identify opportunities to improve systems, streamline processes and bring appropriate financial activities in-house.
The role will initially work alongside external accountants and payroll providers, with a view to assessing and implementing the most efficient long-term finance structure for the business.
Key ResponsibilitiesFinancial Management
- Manage the day-to-day finance function.
- Maintain accurate accounting records and financial systems.
- Oversee sales ledger, purchase ledger and credit control activities.
- Manage cashflow and working capital.
- Monitor debtor and creditor balances.
- Review and approve financial transactions.
- Ensure financial controls and procedures are followed throughout the business.
Management Reporting
- Produce monthly management accounts.
- Prepare monthly profit and loss reports.
- Produce departmental and contract profitability reports.
- Prepare monthly cashflow forecasts.
- Produce KPI and financial performance reports for the management team.
- Provide financial analysis and recommendations to support decision making.
Budgeting & Forecasting
- Lead the annual budgeting process.
- Monitor expenditure against budgets.
- Identify overspending risks and recommend corrective action.
- Produce rolling financial forecasts.
- Support strategic planning through financial modelling.
Payroll & Compliance
- Manage the transition of payroll in-house where appropriate.
- Oversee payroll processing and payroll controls.
- Liaise with external accountants and advisors.
- Support VAT submissions and statutory reporting requirements.
- Ensure compliance with HMRC and other regulatory obligations.
Commercial Support
- Review pricing and contract profitability.
- Support tender submissions and commercial pricing exercises.
- Assist with valuation reviews and project financial performance.
- Monitor margins across contracts and service lines.
- Identify opportunities to improve profitability and operational efficiency.
Team Management
- Manage and develop the Finance Administrator.
- Implement finance procedures and best practice.
- Support wider business departments with financial guidance and training.
Experience Required
- Minimum 5 years' experience in a finance management or senior accounts role.
- Strong experience producing management accounts.
- Cashflow forecasting and budgeting experience.
- Experience managing payroll.
- Strong understanding of financial controls and reporting.
- Experience managing debtors and creditors.
- Excellent Excel and financial systems knowledge.
- Strong organisational and communication skills.
Desirable
- AAT, ACCA, CIMA or equivalent qualification.
- Experience within facilities management, construction, engineering or service-based businesses.
- Experience with Xero and Joblogic.
- Experience supporting business growth and process improvement.
- Understanding of contract management and project costing.
Key Performance Indicators
- Monthly management accounts produced within agreed deadlines.
- Accurate rolling cashflow forecasts maintained.
- Debtor days reduced and controlled.
- Budget variances identified and reported.
- Payroll processed accurately and on time.
- Financial controls maintained and improved.
- Management reporting delivered consistently.
- Improved visibility of contract profitability and business performance.
What Success Looks Like
Within the first 12 months, the successful candidate will have established robust financial reporting, improved cashflow visibility, strengthened financial controls, implemented meaningful budgeting processes, developed the finance team, and become a trusted advisor to the Managing Director and leadership team.
Pay: £40,000.00-£50,000.00 per year
Benefits:
- Bereavement leave
- Company events
- Company pension
- Gym membership
- On-site parking
Work Location: In person
