Role details

Operations & Finance Director

London   •   £35,000 - £40,000   •  Permanent

Bullet points

  • Jewellery
  • Retail

About Our Client

A London based contemporary jewellery brand specialising in the design, marketing and sales of Sterling Silver Jewellery in the UK market. As well as selling their own brand (retail and wholesale), they also offer a White Label Jewellery service to other brands and retailers where they design and manufacture as per the clients requirements.

Job Description

Succesful applicants for the role of operations & finance director will be given these duties:

  • Ensuring the efficiency of business operations as well as setting strategic goals for the future.
  • Ensuring the profitability of the brand's activities, driving sustainable development and long-term success.
  • The overall management of the business finances and making sure that the business has a healthy bottom line in line with the Budget.
  • Identifying, recommending and implementing potential operational efficiencies and improvements to working practices and procedures.
  • Oversee daily operations.
  • Maintain/Strengthen relations with existing customers, suppliers and service providers.
  • Evaluate existing supply chain and look for any opportunities to improve (e.g Quality Control).
  • Implement any strategic plans and procedures in alignment with the businesses short and long term objectives.
  • Develop performance measures that support the businesses strategic direction.
  • Work through problematic situations, providing solutions to ensure recovery and continued growth.
  • Produce an annual budget, monitor it regularly and be in a position to react to anything unexpected.
  • Understand the businesses cash requirements and monitor this closely.
  • Manage & Oversee Book-keeping: Managing creditors & debtors, ensure timely payment, signing off invoices etc.
  • Support month-end and year-end close process.
  • Manage external audit (every March).
  • Conduct two reviews per year for each employee. One of these will include a salary review.
  • Evaluate employees, using reviews as opportunities to set goals, motivate and develop team members.
  • Oversee Payroll.
  • Work with Accountant to manage the new workplace pensions scheme (takes effect July 17')
  • Maintain holiday records for each employee.
  • Discipline employees where necessary and maintain files as required.
  • Assist in any future recruitment.
  • Oversee the businesses Sales. This includes having regular meetings to discuss both existing business and prospect accounts.
  • Review existing accounts, and formulate a strategy to maintain/increase sales in alignment with the overall business goals.
  • Regular monitoring of existing accounts is essential in order to react to anything unexpected.
  • Review prospect accounts regularly, updating this as we learn more about our business, and where we are able to sell successfully.
  • Review how we prospect accounts and our method of approach
  • Financially evaluate any future marketing opportunities with the Creative Director and Marketing department.
  • Monitor marketing budget and evaluate performance vs. spend; implement cost efficiencies where necessary.

The Successful Applicant

Successful candidates for the role of Operations & Finance Director will have this skill set:

  • An aptitude for decision-making and problem-solving - you will work to overcome any obstacles.
  • A leader with outstanding communication and interpersonal abilities.
  • Able to inspire others - must have excellent written and verbal communication skills to direct employees.
  • The ability to work to tight deadlines (that you may have set yourself).
  • The ability to multi-task and to juggle several tasks while keeping your eye on the bigger picture.
  • A proactive attitude - you must be able to generate new ideas and more efficient ways of working.
  • Excellent organisational skills.
  • A good understanding of research methods, data analysis techniques and performance/operation metrics.
  • A solid understanding of key accounting principles and procedures with preparing and reading financial reports.
  • Working knowledge of business functions such as Marketing, Finance, HR etc.
  • An aptitude for IT - proficient with Microsoft Excel and other standard software packages.
  • BSc/BA in Business Administration or relevant field; MSc/MBA is a plus.

What's on Offer

Successful candidates for the role of Operations & Finance Director will be offered:

£35,000 - £40,000

Apply for this job

Click the Apply or LinkedIn button below or contact Alun Furlong quoting job reference 13752671
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