Morgan Philips Executive Search, part of the Morgan Philips Group are delighted to be retained exclusively by The R&A in their recruitment of a Group Financial Controller.
This exciting opportunity has arisen to join the senior finance team to provide direct support to the Executive Director Finance, and the business more widely.
Based in St Andrews, The R&A runs professional championships including The Open and AIG Women’s British Open, Elite amateur golf events, international matches and manages golf rankings.
The R&A also owns and operates the British Golf Museum in St Andrews.
This historical organization governs the sport for 36 million golfers in 143 countries. The R&A is at the forefront in modernizing the sport and making it more relevant to today’s society.
The key purpose is to make golf more accessible, appealing and inclusive and to ensure that it is thriving 50 years from now.
The Finance Team plays a key role in supporting that purpose. Operating independently from the R&A Group, The Royal and Ancient Golf Club of St Andrews was founded in 1754 and is one of the most prestigious golf clubs in the world.
ROLE AND RESPONSIBILITIES :
Completion of group UK statutory accounts (under FRS102)
Supporting the Executive Director Finance in the preparation of the 5-year plan, annual budget and rolling forecasts
Attendance at a number of Board and Committee meetings throughout the year
Preparation of financial reports for Board and Committee meetings
Working closely with teams across the business in providing first class financial information and support
Part of the senior team implementing a new financial system (transition from Sage to NetSuite)
Leading the annual statutory audit process as lead contact with external auditors
Preparation of cash flows and projected balance sheets
Preparation of capital expenditure budgets
Preparing and delivering management accounts in accordance with reporting timelines
Managing budgets for the central services functions, linked to 5-year plan and rolling forecasts
Preparation of branch accounts and statutory returns for overseas operations
Preparation of corporate tax computations and withholding tax returns and liaison with external tax advisers
Responsibility for VAT management and returns (including some partial exemption), as well as statistical returns
Accounting for investment portfolios and liaising with investment managers
Accounting for foreign exchange hedging transactions
Assisting with the management and placement of the group’s insurance programme
Treasury management responsibilities
Managing the relationships with our banks and investment advisers
Liaison with other departments in managing financial data (e.g. HR & Payroll)
Oversight and management of payment processes
Team management and annual appraisal / staff development responsibilities
Managing ad hoc special projects across the business
QUALIFICATIONS AND EXPERIENCE :
Fully qualified accountant with at least 10 years post qualification experience in a commercial environment
Strong technical accounting knowledge and experience of preparing consolidated accounts under FRS102
Excellent VAT knowledge
SYSTEMS EXPERIENCE :
Excellent knowledge of NetSuite (desirable) or similar accounting system
Excellent knowledge of Microsoft Office and in particular Excel
Driving and owning results
Effective decision making
Collaboration with others
Leading and influencing
Developing self and others
Resilience and agility
Dynamic individual with strong interpersonal skills
Excellent written and spoken communication skills
Excellent attention to detail and documentation skills
Able to work under pressure and to tight timescales
Able to respect confidentiality and show discretion
Able to show strong initiative, drive and resilience
Prepared to go the extra mile’ in delivering service on time and to the highest standards
This is a great opportunity to join this iconic global brand at a truly exciting time. Lead the finance team, support Executive Director Finance as well as engage with the business.
Please note that a competitive salary and benefits package will be offered.
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