Finance Manager

As Finance Manager at Managed247, you will run the day-to-day finance function of an award-winning UK managed service provider. Reporting to the FC, you will own the month-end close and the controls behind it, so that the business always has accurate, timely numbers to plan with. You will work closely with colleagues across sales, service delivery and operations, turning financial information into clear, practical decisions.

What you will do

• Lead the month-end close in Xero, delivering accurate journals, accruals, prepayments and balance sheet reconciliations to an agreed timetable.
• Build and maintain the annual budget and rolling forecasts, highlighting risks and opportunities early.
• Oversee accounts payable and supplier costs, including distributor and Microsoft licensing costs, making sure costs are approved, matched and recharged to clients where they should be.
• Oversee billing and credit control, including recurring and Direct Debit invoicing, so that invoices are raised correctly and cash is collected on time.
• Manage cash flow forecasting and day-to-day cash management.
• Coordinate the statutory year-end and audit with our external auditors, and prepare VAT returns and payroll inputs.
• Strengthen financial controls, policies and processes, and find practical opportunities to automate and simplify them.
• Guide colleagues on financial processes and act as a trusted point of contact for budget holders across the business.

Your impact

Clear, reliable financial information helps colleagues plan resources with confidence and make informed operational decisions. You will help a growing business protect its margins, collect its cash and invest in the right areas.

Skills and experience

Essential

• ACA, ACMA, ACCA or or AAT qualified, or qualified by experience, with a proven record in a finance manager or senior accountant role.
• Strong hands-on experience of Xero or a comparable cloud accounting system, and advanced Excel.
• Experience of running a month-end close and completing balance sheet reconciliations.
• Confident building budgets and forecasts and explaining variances to non-finance colleagues.
• High attention to detail and a strong control mindset.
• Clear written and verbal communication, and the ability to prioritise competing deadlines.

Desirable

• Experience in a managed service provider, IT services, SaaS or other recurring-revenue business.
• Experience of reporting tools such as Joiin, credit control platforms such as Chaser, and Direct Debit collection through GoCardless.
• Experience of supporting a statutory audit and preparing year-end files.

About Managed247

Managed247 is an award-winning UK managed service provider that keeps business-critical technology running around the clock. We deliver managed IT support, cloud services, cyber security and IT consultancy as one accountable partner, with a service desk staffed entirely by UK-based engineers 24 hours a day, 365 days a year. We hold ISO 27001 and Cyber Essentials Plus certification and are FSQS registered. From our head office in Milton Keynes and our teams in London, Birmingham and Manchester, we support established organisations across nine industries.

Pay: £40,000.00-£56,500.00 per year

Benefits:

• Casual dress
• Company pension
• On-site parking
• Sick pay
• Work from home

Application question(s):

• Have you been responsible for running a month-end close, including journals, accruals and balance sheet reconciliations?
• Have you overseen accounts payable, billing or credit control, including Direct Debit collections?
• Have you prepared VAT returns and worked with external auditors on a statutory year-end?
• Have you worked in a managed service provider, IT services, SaaS or other recurring-revenue business?
• What is your notice period (in weeks)
• Briefly describe one finance process you have improved or automated, and the result it delivered.
• What is your expected annual base salary (in pounds)?
• How often would you be comfortable attending our offices in Milton Keynes each month?
• What led you to you looking for new job opportunities and what is it about this role that most captured your interest?
• What accountancy qualification do you hold (or are studying towards)?
• Have you used Xero regularly in a finance role? If so where, and to what level of expertise?

Work Location: Hybrid remote in Milton Keynes MK9 1FH