Description:
About ClaranetClaranet is a global technology services provider with capabilities across cloud, cybersecurity, data, applications, and workplace productivity solutions. We enable organisations to make modern happen by being big enough to deliver and small enough to care, by offering adaptive, scalable technology solutions, and by being right where our customers need us to be, moving at their pace, in their local region. We believe that by uniting the world's most talented people and most powerful technologies we can build something stronger, together.
Founded in 1996, Claranet has evolved into a multi-disciplinary technology services provider with global reach. The company has annualised revenues of over £530 million, over 10,000 business customers, and more than 3,500 employees in 11 countries. We have employee base of 130 in India.
Claranet Cyber Security is a world class business unit within Claranet, giving customers access to market-leading information security services spanning cybersecurity training, consulting, and managed security services. Formed through the combined forces of NotSoSecure, the UK Security Business Unit (previously known as Sec-1), and units in USA, France and Portugal, and now including recently added units in Germany, Netherlands and Spain. The growth of cybersecurity is one of the key group-wide priorities.
NotSoSecure has a strong heritage of security training and penetration testing for leading worldwide brands, built on the quality of its technical team and excellent customer service. R&D remains core to maintaining and growing our capability, recently allowing us to claim considerable expertise in application security (including threat modelling assignments), advanced consultancy services (including both red and purple teaming) and continued enhancements of our leading training offerings.
As a key part of the Claranet Cyber Security expansion plans, the NSS team provide services to Claranet customers all over the globe and we are planning on considerable expansion of both capability and capacity in the coming years. The Claranet USA division is a growth area of the business, traditionally focused on cybersecurity but increasingly reselling services from other parts of the group (such as managed cloud services).
Position summaryThe Finance Manager - Cybersecurity reports to the Group finance function and works closely with the Group Security Services Director, project operational teams and sales teams. They are responsible for financial and management accounting, financial reporting, financial planning and business partnering for both the Claranet USA business and the NSS Centre of Excellence.
The Finance Manager is also responsible for ensuring that an appropriate financial control and procedures framework is implemented and maintained. This role is supported by the Group finance teams and works with others within operations and finance who help with invoicing and other admin tasks Finance manager will be working with wide range of internal and external stakeholders from all over the world.
Essential Roles & ResponsibilitiesThe key priorities for the role are:Financial ControlMaintain the accuracy of the accounting records, which includes:Maintenance of the general ledger, including month end close of the general ledgersPerformance and review of reconciliations ensuring all reconciling items are investigated and resolvedPreparation and presentation of financial information, including the monthly management accounts, the month end close files, KPIs and any ad-hoc business analysis as requiredResponsible for the tactical management of bank accounts and cash balances, including the completion of detailed short-term cash forecasts and tracking against such forecastsResponsible for overseeing the preparation of the US payroll and pension contributions, ensuring all variable information is submitted in a timely mannerResponsible for the monthly calculation of commissions payable to the sales teamResponsible for the review and payment of US employee expense claimsResponsible for the review and payment of UK and US supplier invoicesResponsible for the review and payment of UK and US applicable taxes, including for accurate recording and reporting of VAT liability in UK and Sales Tax in US
Responsible for:The timely and accurate invoicing of customers (with support from the NSS operations team); and for credit control processes, including debtor chasingRecharges between NSS entities and with other Claranet entities, liaising with Claranet colleagues to ensure that intercompany accounts reconcile and net to zero across the GroupManagement of the UK and US year end processes, working with the Claranet UK team, Group and the external audit and tax team to ensure that Group and statutory deadlines are achievedResponsibility for ensuring that all financial matters are in accordance with the legislation, the requirements of statutory bodies and ethical accounting practicesEnsure that all UK and US state and Federal statutory returns are completed accurately and on timeEnsure that financial controls and procedures are robust, appropriate, effective and fully documented, identifying key controlsEnsure that financial systems are robust, compliant and able to support current activities and future growth plansResponsible for the maintenance of financial policies and procedures, including performing continual review and implementing improvements as requiredInvolvement with key business initiatives, ensuring that there is financial rigour around the decision-making process and that our systems, people and processes are adequately prepared
Commercial FinanceBudget and ForecastResponsible for the production of the NSS budget and annual reforecast. This will include setting and implementing the plan and timetable for completion in order to meet any internal or external reporting deadlines
Business PartneringPartnering the NSS Management Team by providing financial support, analysis and advice to increase the efficiency, effectiveness and profitability of the NSS Centre of Excellence and Claranet USA businessesEnsure reporting is relevant, targeted and concise so that Management can receive a timely, focused and accurate view of business performanceEnsure an effective methodology is establish regarding time recording, utilisation and efficiency reportingEnsure that revenue is maximised and that revenue recognition is in line with Group policiesIdentify potential cost savings and operational efficiencies to enable the NSS Management Team to improve profitabilityAd-hoc support to the US sales team as required, for example with new client on-boarding processes
Performance ReportingEnsure monthly KPIs and management accounts are accurate and consistent and reported to Group to meet tight deadlinesLiaise with the sales team in a weekly meeting to review current pipeline and gather updates for preparation of a weekly revenue and bookings forecast for NSS
Systems and DataResponsible for identifying and implementing data quality improvements within Business systemsIntegral to the design, scope and implementation of any Professional Services Automation (PSA) tool for NSSAct as business owner for the Salesforce CRM for NSS and USA. Working with the NSS operations team, Claranet USA sales team and Group Information Systems teams to ensure the system delivers enhanced visibility of pipeline and efficiency in the sales process while complying with Group best practice and reporting frameworkIntegral to the move from legacy NSS financial systems to the Claranet standard financial system. Working with the Group Information Systems team to ensure this is effectively implemented
Educational and job experience requirementsEither CIMA, ACCA or ACA qualifiedAdvanced Excel skillsAbility to effectively communicate with all levels of the businessHigh level of attention to detail and accuracyAbility to present information in a concise and professional mannerExperience working with US and UK entities
In addition, the following are highly desirable:Previous experience in a technology or services business would be an advantageExperience with Xero, Salesforce and Microsoft F&O would be an advantageExperience with international tax and trading would also be an advantage