THE COMPANY:
GRC Solutions is a renowned cyber security and privacy consultancy committed to delivering exceptional governance risk and compliance solutions to our customers. Our mission is to help safeguard digital environments and ensure data privacy compliance through comprehensive and innovative solutions.
THE SPONSOR:
Bloom Equity Partners is leveraging decades of investing and operating experience to rapidly unlock transformational growth and deliver superior returns to our investment partners and management teams. Investing exclusively in lower middle market technology, software and tech enabled business service companies, Bloom drives enduring market value by partnering closely with founders and management teams, injecting capital to unlock growth and providing operational resources and expertise to enable meaningful step change to the business.
JOB SUMMARY:
The Head of Finance is responsible for leading the day to day finance operations of the business, ensuring tight control of cash, balance sheet integrity, and timely, accurate reporting. This role oversees all transactional finance, treasury, statutory accounting, and audit processes for a professional services organization with approximately £20 million in annual turnover. The position ensures the business meets its financial control, compliance, and reporting obligations and provides the CFO and leadership team with a clear, reliable financial picture.
ESSENTIAL RESPONSIBILITIES AND DUTIES: Cash & Treasury Management
- Own and manage daily cash operations across all UK and international bank accounts.
- Maintain short and medium term cash flow visibility and ensure sufficient liquidity to meet obligations.
- Monitor client receipts, supplier payments, and intercompany settlements.
- Optimize working capital through disciplined billing, collections, and payment processes.
- Manage relationships with banking partners and support the CFO on treasury policy.
Financial Control & Accounting
- Oversee all general ledger and balance sheet management activities.
- Ensure accurate and timely posting of journals, accruals, and reconciliations.
- Supervise accounts payable, accounts receivable, payroll journals, and expense management.
- Ensure compliance with IFRS, the Companies Act 2006, and other applicable standards (e.g., UK GAAP).
- Prepare monthly management accounts and statutory financial statements for review by the CFO.
- Coordinate with external auditors and manage the annual audit process end to end.
Operational Finance
- Ensure client billing is completed accurately and promptly in line with contract terms.
- Manage supplier relationships and payment scheduling within cash flow parameters.
- Oversee the finance systems environment (e.g., Xero, Sage, or NetSuite) and ensure process automation and efficiency.
- Maintain up to date documentation of all finance procedures and internal controls.
Leadership & Collaboration
- Lead and develop a small transactional finance team, ensuring cross training and continuity of critical tasks.
- Act as the key liaison between Finance and Operations for invoicing, timesheet, and project cost queries.
- Support the CFO with ad hoc reporting, audit preparation, and compliance submissions (VAT, PAYE, Companies House, etc.).
QUALIFICATIONS Essential
- Qualified accountant (ACA, ACCA, or CIMA) with at least 7 years' post qualification experience.
- Strong track record managing day to day finance operations in a professional services or project based environment.
- Proven experience in cash management, working capital, and control frameworks.
- Sound understanding of IFRS, UK GAAP, tax, and statutory compliance.
- Hands on experience preparing management accounts and audit packs.
- Proficiency in modern accounting software (e.g., Xero, Sage Intacct, or NetSuite).
Desirable
- Prior experience in a private equity backed or multi entity group structure.
- Solid understanding of covenant reporting and forecasting.
- Experience consolidating international subsidiaries or managing multicurrency accounts.
- Knowledge of IFRS 15 (revenue recognition for contracts with customers).
Personal Attributes
- Highly organized with strong attention to detail and accuracy.
- Analytical and commercially aware, with sound judgment on financial controls and cash discipline.
- Proactive, reliable, and comfortable working in a fast paced environment.
- Strong communication skills and the ability to work effectively with non finance teams.
- Hands on, "can do" approach - comfortable both leading and rolling up sleeves.