Afrocenchix Hiring for Finance Coordinator Job at London, England Full Time

Afrocenchix is a UK based Afro Hair brand formulating and manufacturing natural products for Afro hair. We’re going through an exciting period of growth and we need a Finance & Accounts Coordinator to manage our daily accounting functions, analyse and prepare management reports and drive business growth to support our scale-up. We’re looking for a hard-working, competitive and self-motivated individual who has a passion for working within the Afro hair industry. The position carries a fair degree of responsibility so requires a motivated problem solver with an eye for detail and a methodical best practice approach to their work.

Reporting directly to the founders, you will implement robust practices and optimise our current processes that will help build and define the Finance structure within the business. You will also support functions such as bookkeeping, budgeting, forecasting, business risk and financial planning and analysis. We are looking for an agile and conscientious team member who can demonstrate incredible business foresight, constantly identifying risks and opportunities, strategically finding new business growth opportunities and savvy ways to save cash.

The ideal candidate will have experience of working in a startup environment, although this is not necessary for the role, with a minimum of 2 years experience in a relevant Finance role. You will embody our core values whilst demonstrating an aptitude for both operating and thinking strategically while also being willing to “roll up the sleeves”, being hands on and picking up ad-hoc tasks and supporting the wider team with any queries.

Salary: £30 – £40k (dependent on experience)

Job Type: Full-time or Part-time (office and remote)

Location: North London, Wood Green

Main responsibilities:

• Work closely with the overall team to manage bookkeeping, supplier payments, chase invoices and monitor spending against budget.
• Produce monthly management accounts.
• Support founders and take a proactive approach to budgeting and forecasting.

• Produce monthly reports and lead the month-end P&L meetings.
• Support business with retail account management including business development.
• Negotiate pricing with suppliers and assist with operations.
• Control the cash flow throughout the company, understand and produce monthly cash flow reporting and analysis of financial statements, including statement of activities, bank balance, and revenue/ expenditure on a monthly basis.
• Assist Marketing team with administrative tasks such as supplier registrations and payments.
• Send out monthly statements to customers.
• Control credit on outstanding overdue invoices and pay invoices.

• Actively market the company and promote a positive personal / professional profile ensuring the good reputation of the company at all the times.
• Support the rest of the team and carrying out other duties when required.

Experience, Interests and Skills:

• Excellent proficiency in Excel
• Excellent analytical skills with strong attention to detail
• Experience of working within a Finance Department
• Experience in at least one similar role previously
• Experience with bookkeeping software Xero
• Experience posting journals
• Experience with accounting analyses and general ledger work

• Strong understanding of Income Statement and Balance Sheet

• Able to effectively deal and communicate with non-finance professionals
• Passionate about the Afro hair industry

• Friendly, confident, well-presented and customer-focused
• Ability to deliver high quality reports with valuable insights
• Motivated and self-driven to achieve and exceed targets

Education:

• GCSEs or equivalent in English and Maths
• A-Levels, IB, BTEC or equivalent
• Finance related degree or qualification
• ACA or ACCA qualification (desirable not essential)

Benefits of working with Afrocenchix:

• Fast growing company
• Employee equity scheme
• Casual dress
• Free hair products
• Perks including high street retail and cinema discounts
• Pension scheme
• Flexible working

Application deadline: 11/10/2021

Expected start date: 09/11/2021

Job Types: Full-time, Permanent

Salary: £30,000.00-£40,000.00 per year

Benefits:

• Casual dress
• Company pension
• Employee discount
• Flexible schedule
• On-site parking
• Profit sharing
• Sick pay
• Store discounts
• Work from home

Schedule:

• Monday to Friday

Education:

• Bachelor’s (preferred)

Experience:

• Financial reporting: 2 years (preferred)