Financial Controller, art gallery

An art gallery in Mayfair is looking for an experienced and qualified Financial Controller to join their team. Successful candidates will have considerable experience managing day-to-day accounting for a small to medium business within the art market and with experience of AML requirements for the art market. This is a sole charge role and hybrid working is available.

Requirements:

• Solid similar experience
• Relevant accounting degree
• Experience within the art market
• Strong experience with Xero

Duties and responsibilities:

• Oversee full-cycle finance operations, including accounts payable and receivable, management accounting and bank reconciliations.
• Processing VAT returns.
• Submit overseas (U.S.) Sales Tax filings.
• Maintain the accounts receivable ledger and managed credit control processes ensuring prompt collections.
• Generate accurate sales invoices in compliance with tax and contractual terms.
• Ensure timely and accurate payments to suppliers in accordance with contractual terms.
• Manage artist/consignor commissions with precision and contractual adherence.
• Conduct Anti-Money Laundering (AML) checks.
• Administer payroll, pensions and oversee staff expense reimbursement and company credit card reconciliation processes.
• Develop and maintain budgets, forecasts, and rolling cashflow projections.
• Monitor and improve internal controls, ensuring financial integrity and operational efficiency.
• Collaborate with external accountants in the preparation and finalisation of year-end accounts.
• Play a key role in financial process enhancements and liaised with external accountants for audit and reporting.