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Finance Manager
Posted 2 hours 44 minutes ago by Pharmacystore
Location: On site / Newcastle West, Co. Limerick, Ireland
job type: Permanent / Full-time
Sector and subsector: Accounting & Finance Finance
Salary: Competitive salary
Finance Manager
Job Summary
The Finance Manager is responsible for leading the organization's financial planning, monthly results reporting across 5 pharmacies and 1 support office, budgeting, compliance, cash flow management, and operational finance activities across the organisation. The role ensures financial integrity, supports strategic decision-making, maintains statutory compliance, and drives continuous improvement of financial processes while partnering with operational teams to achieve business objectives.
Key Responsibilities
Financial Planning & Budgeting
- Lead the annual budgeting process across all pharmacies and support office departments.
- Coordinate quarterly budget reviews and monitor budget performance.
- Analyse financial results against budget and recommend corrective actions.
- Support strategic planning through financial forecasting and business analysis.
Financial Reporting & Performance Management
- Prepare accurate monthly, quarterly, and annual financial reports.
- Monitor profitability, gross margins, operating expenses, and overall financial performance.
- Produce management reports, KPIs, and financial dashboards.
- Analyse financial trends and identify opportunities to improve business performance.
- Provide financial insights and recommendations to executive management.
Financial Operations
- Oversee day-to-day financial operations across the organization.
- Ensure timely and accurate processing of financial transactions.
- Maintain effective financial controls and accounting procedures.
- Improve finance processes, systems, and standard operating procedures (SOPs).
- Oversee Accounts Payable operations.
- Ensure suppliers are paid accurately and on time.
- Manage supplier reconciliations and payment processes.
- Resolve invoice discrepancies and supplier queries.
- Maintain strong supplier relationships and effective cash flow management.
Payroll Oversight
- Review and approve payroll processing.
- Ensure payroll accuracy and compliance.
- Maintain payroll reconciliations and support payroll reporting.
Cash Management
- Manage cash flow forecasting and liquidity.
- Oversee petty cash administration and reconciliations.
- Monitor bank reconciliations and financial controls.
Financial Compliance & Audit
- Coordinate internal and external audit processes.
- Ensure compliance with accounting standards and statutory regulations.
- Prepare audit schedules and supporting documentation.
- Maintain strong internal control frameworks.
Taxation & Regulatory Compliance
- Oversee VAT submissions and statutory tax obligations.
- Ensure compliance with revenue authority requirements.
- Coordinate tax payments and statutory reporting.
Insurance & Risk Management
- Review and manage company insurance policies.
- Monitor financial risks and recommend mitigation strategies.
- Support business continuity through appropriate financial risk management.
Inventory & Pharmacy Financial Operations
- Monitor pharmacy inventory valuation and stock controls.
- Support inventory reconciliation and stock movement reporting.
- Ensure financial processes align with pharmacy operational requirements.
Business Partnership
- Provide financial support to operational management.
- Partner with department managers on financial planning and decision-making.
- Support cross-functional projects including acquisitions and business initiatives.
- Present financial information to senior leadership.
- Oversee finance-related administrative functions including:
- Customer and supplier account maintenance
- Billing and invoicing
- Credit card reconciliations.
- Expense management
- Contract administration
- Documentation and record keeping
Reporting & Governance
- Prepare Executive financial reports.
- Monitor financial risks and ensure appropriate governance.
- Ensure adherence to finance policies, SOPs, and internal controls.
- Support continuous improvement initiatives across the finance function.
Stakeholder & Contract Management
- Manage relationships with suppliers, auditors, financial institutions, and regulatory bodies.
- Key Relationship Manager with our 3rd party finance service provider
- Assist with supplier agreements, service contracts, and tender processes.
- Support grant administration and funding compliance where applicable.
Qualifications
Education
- Bachelor's degree in accounting, Finance, Commerce, or related field.
Experience
- 5-8 years' progressive finance experience.
- Experience in retail, pharmacy, healthcare, or multi-site operations is preferred.
- Experience managing budgets, financial reporting, audits, payroll, VAT, and cash flow.
Pharmacystore
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