My client represents a significant number of established and emerging artists and continues with an innovative, high profile programme and strong national and international art fair presence. The business opened in 1996 the West End of London and it is now located in Mayfair and New York.
The business has risen to the challenge of significant change over the years due to both the ever changing dynamics of the art market along with internal re-structuring. This has involved refocusing the company brand to address the challenges in the market. The Directors now wish to appoint an interim Financial Controller who will report to the Managing Director and work closely with the management team to ensure the effective control, running and development of the business.
Operational Finance & Controls
In any business at this stage of development, the key prerequisite is that you have the flexibility of mind and the intelligence to turn your hand at anything. From a finance and accounting perspective you should be prepared to do the following:-
Oversight and preparation of all operational finance and management accounting matters and maintenance of appropriate financial controls
Production of monthly management accounts and other financial information as required, providing insight and recommendations based on a financial perspective
Production of year-end statutory accounts and audit
Preparation of invoices
Management of financial systems, policies and payroll considering financial
risk and implementing schemes
Cash flow management, to include monitoring and enforcing of customer invoice payment, approval of and payment of purchase orders, review of expenses and monies owed
Management of taxation issues
Ownership of company secretarial matters
Ownership of insurance matters
Personnel financial matters: e.g. payroll, expenses etc
Working with the MD and major shareholders to help set achievable goals.
Capital Expense planning
The ideal candidate will be a qualified Chartered Accountant or a qualified ACCA or CIMA with credible experience of playing a practical, functional role in the finance domain in an entrepreneurial business. S/he must be a functional expert with strong business controllership experience and with a practical approach to the hands on role of finance and accounting in a privately owned and closely managed business. There is an opportunity for this role to become permanent
Experience in an art dealership or gallery or related environment will be useful. Alternatively experience of a similar role in luxury goods, retail or an FMCG business would be very useful. This was an interim role, but we are now looking to appoint a permanent Financial Controller.