Head of Virtual Finance

  • Job Reference: 1180
  • Date Posted: 4 July 2024
  • Recruiter: ProTalent Limited
  • Location: Cambridge
  • Salary: £45,000 to £50,000
  • Sector: Outsourcing
  • Job Type: Permanent
  • Contact: Lydia Sinclair

Job Description

Job Title: Head of Virtual Finance

Cambridge - Accountancy Practice

Job Summary:
ProTalent is working for a leading Accountancy Practice client based in Cambridge to recruit a new Head of Virtual Finance. In this role, you will lead the Virtual Finance department, oversee a small team, and drive the strategic direction of the virtual finance services. Leveraging your expertise in accounting, finance, and technology, you will deliver innovative virtual financial solutions to their clients. This is an exciting opportunity to make a significant impact and shape the future of virtual finance.

- Develop and execute the strategic vision for the virtual finance department, aligning it with the overall goals and objectives of the firm.
- Lead, inspire, and manage a team, providing guidance, mentorship, and support to ensure their professional growth and performance excellence.
- Stay up-to-date with industry trends, emerging technologies, and regulatory changes to drive continuous improvement and innovation in virtual finance services.
- Act as a trusted advisor to the firm's clients, understanding their financial needs and providing tailored virtual finance solutions to support their business objectives.
- Cultivate and maintain strong client relationships, ensuring high levels of client satisfaction and loyalty through exceptional service delivery.
- Collaborate with directors and senior management to identify opportunities for business development, cross-selling, and upselling virtual finance services.
- Oversee the day-to-day operations of the virtual finance department, ensuring timely and accurate delivery of services to clients.
- Manage the virtual accounting process, including bookkeeping, payments, financial reporting, and tax compliance, including VAT returns.
- Develop and implement robust systems, processes, and controls to maintain data integrity, security, and confidentiality in virtual finance operations.
- Identify and evaluate virtual finance technologies and software solutions to streamline processes, enhance efficiency, and improve service quality.
- Collaborate with IT teams and external vendors to implement and integrate virtual finance systems, ensuring seamless connectivity and data flow.
- Drive continuous improvement initiatives to optimize virtual finance workflows, automate manual tasks, and deliver innovative solutions to clients.

- A professional accounting qualification (e.g., ACA, ACCA, CIMA) is desirable.
- Proven experience in a senior leadership role within a UK accountancy firm, with a focus on virtual finance or virtual accounting services.
- Demonstrated expertise in virtual finance technologies, cloud-based accounting systems, and financial software applications.
- Excellent leadership, communication, and interpersonal skills with the ability to build and maintain strong client relationships.
- Strategic mindset with the ability to identify market trends, drive innovation, and seize business opportunities.
- Strong analytical and problem-solving abilities with meticulous attention to detail.
- Proven track record in managing and developing high-performing teams.
- Ability to thrive in a fast-paced, dynamic environment and manage multiple priorities effectively.

- Competitive remuneration packages.
- Ongoing professional development opportunities.
- Flexible working arrangements, including the opportunity to work remotely.
- Supportive work environment that values teamwork and personal growth.

To apply, please submit your CV or contact Haidee