Head of Group Financial Control & Reporting

Tortilla Mexican Grill PLC; City of London; Hybrid; GBP 72,000 - 85,000; Full time

Job summary

A leading fast-casual dining group in London is seeking a Head of Group Financial Control & Reporting to lead finance operations and ensure compliance in reporting. This role requires strong leadership abilities and a proven track record in financial management. The ideal candidate will possess significant experience in management accounting and internal controls, with an understanding of UK GAAP and IFRS standards. Competitive salary and benefits available.

Benefits

25 days holiday + bank holidays + extra day off for your birthday

Potential annual bonus

100% discount on food

Employee social events

Pension contribution

Perkbox membership

Qualifications

• Minimum 6 years of experience in management and financial accounting.
• Proven technical accounting and statutory reporting skills.
• Ability to interact effectively with stakeholders at all levels.

Responsibilities

• Lead and develop a finance team ensuring accurate reporting.
• Manage day-to-day finance operations including P2P and O2C.
• Oversee tax compliance and VAT regulations.

Skills

Qualified accountant (e.g. ACA/ ACCA or similar)

Strong knowledge of UK GAAP and IFRS

Experience in international business

Managing the month end process

Understanding of finance processes and internal controls

Ability to deliver to strict deadlines

Proactive and hands on attitude

Excellent communication skills

Leadership abilities

Advanced proficiency in Microsoft Excel

Education

Qualified accountant (e.g. ACA/ ACCA)

Tools

Microsoft Excel

SAGE ERP systems

Job description

Head of Group Financial Control & Reporting

Package: £85k base salary + 10% bonus
Full-time, permanent
Reporting to: Chief Financial Officer
Base: London, UK with hybrid working.

The Role

As a trusted leader, you will lead and develop a finance team in the UK. You will foster a culture of collaboration, motivation and high-performance and will inspire the finance function to deliver accurate, timely, and insightful reporting to support decision-making.

You will take ownership of finance operations, management accounts and financial reporting. You will lead day-to-day finance operations including P2P, O2C, VAT and tax compliance, cash flow management and covenant compliance. You will seek out process improvements and maintain robust financial controls. You will lead the management accounting process ensuring the timely closure and consolidation of month-, quarter- and year end. You will work closely with the French finance team helping them to embed standardised processes and controls and delivery a smooth close. You will lead the end-to-end interim review and year end audit processes and be comfortable with interpreting technical accounting standards and applying these to Tortilla. You will oversee the annual insurance renewal process.

As the Head of Group Financial Control & Reporting, you are a senior leader within the business and will be dealing with senior internal stakeholders as well as external parties such as auditors, HMRC, banks, tax advisors and insurance companies. You are expected to build strong working relationships both internally and externally.

Key responsibilities

• Lead the P2P/O2C manager and team to ensure timely and accurate recording of transactions, purchase invoices matched off, payments to suppliers are made, and billing and cash collection is well controlled to minimise working capital
• Own the personal expenses system, our controls for expenses and the travel & expense policy
• Approve UK payroll
• Own VAT compliance including the VAT treatment of menu items in our sales systems
• Ensure tax compliance requirements, including submissions to HMRC
• Monitor and maintain internal controls and the risk management framework.
• Develop, embed and maintain a robust process for monitoring balance sheet reconciliations performed by the wider finance team across the whole Group
• Oversee and review monthly, quarterly and annual closing and reports for UK, and French entities including inter-company transfer pricing and Group consolidation
• Lead the annual and interim audit process, managing the relationship with external auditors to ensure a smooth and efficient audit process
• Oversee the preparation of consolidated financial statements for the Group and timely completion of statutory financial statements for UK subsidiaries, ensuring legal filings are made on time
• Ensure effective cash-flow management, optimising financial resource to support operational needs, and ensure compliance with and reporting on bank covenants
• Own insurance relationships, insurance renewal and any insurance claims
• Collaborate with the Head of FP&A to ensure reconciliation between statutory and management accounts
• Drive continuous process and controls improvements by automation and system enhancements

Key skills, competencies and experience

• Qualified accountant (e.g. ACA/ ACCA or similar) with +6 years of progressive experience in management and financial accounting and reporting.
• Strong knowledge of UK GAAP and IFRS, with proven technical accounting and statutory reporting skills
• Experience of working in an international business with different cultures as well as foreign currency transactions
• Proven experience of managing the month end process
• Strong understanding of finance processes and internal controls
• Ability to deliver to strict deadlines in a fast-paced environment
• Proactive and hands on attitude
• Ideally multi-site experience from the hospitality or retail industry
• Excellent communication and interpersonal skills with ability to interact effectively with stakeholders at all levels
• Proven leadership abilities, with a track record of building and developing high-performing teams
• Resilient under pressure with ability to maintain high attention to detail while working at pace under pressure
• Advanced proficiency in Microsoft Excel and ERP systems (experience of SAGE a plus)

Benefits:

• 25 days holiday + bank holidays + extra day off for your birthday!
• Potential annual bonus
• 100% discount on food at Tortilla & Chilango
• An exciting a staff socials diary of events ranging from summer socials, our annual conference, and famous Christmas parties and much more in between!
• Pension contribution
• Perkbox membership (access to 1000s of discounts & wellbeing programme)

The Brand

Founded in October 2007, Tortilla is the UK’s largest fast-casual Mexican restaurant group, offering a high-quality, affordable, and freshly prepared California-style Mexican menu.

Tortilla was founded by Brandon and Jen Stephens after they identified a gap in the UK market for a high-quality, fun, and affordable fast-casual Mexican restaurant We are committed to maintaining the authenticity of our ingredients and preparation methods - we do not have a single freezer on site!

Following a period of impressive growth, we operate a multichannel order strategy that enables customers to enjoy our fast, filling, fresh food across dine in, self-serve, take away, click & collect and delivery. This is supported by more than65 Tortilla restaurants across the UK, 10 sites in Dubai and Saudi Arabia, 32 newly acquired sites in France and partnerships with leading delivery platforms.