Financial Reporting & Tax Manager

The role will be responsible for implementing the Lama financial framework which covers financial planning, forecasting and financial reporting, and will be responsible for implementing internal finance controls and procedures, including managing day-to-day finance, reconciliation, and settlement procedures. The role will encompass the following areas in financial management and reporting:

Financial Control and reporting:

• Manage all accounting operations including billing, accounts receivable, accounts payable, cashflow, income statement and balance sheet across all Group companies;

• Liaise with local accountants to ensure alignment of local reporting requirements with Group reporting and the preparation of consolidated management accounts

• Develop and document business processes and accounting policies to maintain and strengthen internal controls

• Refine and improve processes as needed to systems/internal controls to ensure company requirements and standards are met; with a underlying focus towards automation

• Work with the Compliance team to ensure that the company financial processes are in line with Lamas regulatory responsibilities in AML, ABC, and other financial crime policies and procedures.

• Ensure accurate and timely reporting of financial information through to Group, including review of business unit trading results, consolidation of overall Group position

• Prepare and maintain operating budgets, local accounting and reconciliation mechanisms and manage and oversee the cash flow and liquidity positions of the company ensuring it has the appropriate treasury controls

• Coordinate and direct the preparation of the Group budget and financial forecasts and report variances

• Produce monthly, quarterly and annual forecasting and prepare and publish timely monthly financial results

• Coordinate the preparation of any financial aspects of regulatory reporting, as required

• Oversee the management of the firm's tax liabilities and tax reporting requirements;

• Coordinate the month-end and year-end close process

• Ensure quality control over financial transactions and financial reporting;

• Provide advice to other members of the management team on financial management and financial control matters as required.

• Ensure that all company policies are up-to date and compliant with current HMRC guidance, including advising on employment tax matters, overseas tax, IR35

• Making Companies House filings as required

Financial strategy

• Develop and execute a comprehensive financial strategy to support business growth goals, and regulatory requirements, ensuring all accounting activities and internal audits comply with financial regulations

• Develop a reporting mechanism to track product profitability and advise the management team on options to improve product performance
• Support the management team in developing pricing and revenue strategies across Lamas product range

• Conduct research to ensure the firm remains compliant with any relevant developments in technical accounting standards, reporting requirements and tax filings;

• Develop a stress testing methodology and scenarios to ensure the company continues to meet the needs for internal and external regulatory requirements.

• Conduct financial analyses to support investment and growth plans, identifying funding requirements and cost reduction strategies

• Build divisional budgets and forecasts as well as reporting, taking into account current and future divisional performance and ensuring consistency with the future strategy of the divisions

• Work with internal colleagues and external service providers to ensure businesses remain compliant of the regulatory framework for the jurisdictions they operate within

Treasury operations

• Develop and implement robust daily trading reconciliations for all Lama finance products, ensuring that all operations follow the approved processes, and meets the internal controls standards required.
• Maintaining accounting schedules in respect of external finance and loans.
• Ensure that trading and Intercompany balance reconciliation, confirmation and settlements are executed according to company policy and procedure

Tax

• Ensuring all tax activity is compliant with laws and regulations.
• Identifying and mitigating any tax related risks.
• Designing and implementing tax policies and risk strategies.
• Adapting tax strategies and policies in line with changes to law or regulation.
• Advising senior management on tax matters.
• Providing commercial solutions to tax implications of transactions and operations

Qualifications:

• Bachelor's degree in Accounting, Finance, or related field.
• At least 5 years of related experience
• Must be a Certified Public Accountant (CPA)
• Must have hands-on experience with XERO
• Knowledgeable with IFRS accounting standard
• Has experience with industries such as Financial Services, Banking, Trading, Trade Settlements, and Treasury
• Someone who is flexible, detail oriented, problem-solving and communication skills