Finance Manager

Finance Manager

Location: Gateshead Team Valley, UK

Reports to: Finance Director

Direct Reports: Finance Assistant, Payroll and Accounts Assistant

Biscuit International UK is the leading specialist supplier of own-label gluten-free biscuits and cookies in the United Kingdom. Located in Gateshead, our production facility operates three lines, with an annual output exceeding 4,300 tonnes annually in plain, chocolate, and sandwich biscuit formats. We are part of Biscuit International, Europe's leading private label biscuit and bread substitute manufacturer, with a rich heritage of over 400 years of expertise in delivering excellent taste at great value.

We are seeking an experienced and strategic Finance Manager to join our team. This integral position will manage an evolving Finance Department, implement robust controls, and drive continuous improvement. The Finance Manager will ensure the delivery of accurate financial information and services, manage the Finance Team, and support the Finance Director and Senior Management Team (SMT) in monitoring and evaluating financial performance.

Key Responsibilities:

• Prepare end-to-end monthly management accounts, including accruals, prepayments, and similar accounting entries.
• Ensure timely and accurate completion of intercompany reconciliation and monthly Group reports.
• Manage the Finance Team, driving continuous improvement and ensuring strong controls.
• Lead the performance of the Finance Team to deliver accurate financial information and services.
• Produce annual statutory accounts and manage the financial year-end audit.
• Collaborate with Commercial and Supply Chain teams to improve the order-to-cash process, recover aged debt, and manage cash flow.
• Work with the Finance Director and SMT to monitor and evaluate actual spending vs. budget.
• Provide monthly insight and commentary on key variances and action points.
• Manage the external audit process.
• Collaborate with other business departments to provide effective financial information.
• Monitor cash flow, challenge payment terms, and maintain low debtor days within the working capital cycle.
• Assist with budgeting processes, including annual budgets, interim budgets, and reforecasts, including full P&L, Balance Sheet, and Cashflow packs.
• Manage the invoice factoring process, ensuring adequate cash for day-to-day activities.
• Ensure accurate and timely performance of all accounting functions, including revenue recognition, invoicing, accounts receivable, accounts payable, payroll, month-end tasks, and group reporting.
• Develop and implement suitable internal controls and separation of duties.
• Work closely with the credit controller to manage debt collection and weekly reporting.
• Review and improve accounting processes and practices for efficient financial operations.
• Drive continuous improvement by supporting the Finance Director in identifying and implementing process and control improvements.
• Help keep finance at the forefront of all business decisions.
• Provide cover for the Finance Director and Financial Controller as needed.

Skills & Experience:

• ACA, ACCA, or CIMA qualified with 3 years post-qualified experience.
• 5 years of experience in a similar role, including preparation of annual statutory accounts.
• Strong understanding of IFRS and UK GAAP.
• Great attention to detail and proficiency in Microsoft packages.
• Ability to remain impartial and work under pressure to tight deadlines.
• Strong written and verbal communication skills.
• People management skills are desirable.
• Experience in the FMCG industry is desirable.

Why Join Us?

At Biscuit International UK, we pride ourselves on our commitment to quality, innovation, and sustainability. Our team is dedicated to producing high-quality products that meet the evolving needs of our customers. By joining us, you will be part of a dynamic and supportive team that values collaboration and excellence.

In our hiring practices, we are committed to creating an inclusive and diverse workplace. We believe that a diverse team brings a wealth of perspectives and ideas, driving innovation and success. We adhere to fair hiring practices, ensuring equal opportunities for all candidates, regardless of their background.