Financial Controller

Employment Type:Permanent
Job Location:Ely UK
English Description:

Job Function

 

Control of all financial matters, including overseeing financial operations, risk   management & profit generation

 

Job Purpose

 

To develop efficient and effective best practice approaches to financial policies, procedures and processes.

 

Person Specification and Job Qualification

 

The ideal Financial Controller (Production and Manufacturing) will;

 

- Be a qualified accountant - ideally ACA. (CIMA and ACCA also considered)

- Have excellent working knowledge of Sage 200

- Good knowledge of  MRP / ERP systems would be highly advantageous and essential

- Commercially driven with sound financial knowledge with a vision towards future growth

- Experience of handling multi-currency cross border accounting

- Essential experience of managing product based engineering Industry

- Some costings experience would be beneficial within a manufacturing and production business within engineering Oil and Gas industry

- Have a flexible attitude to work and a team builder

- Be a strong communicator who is able to interact with Senior Management and non-finance

- Have a good eye for detail and ability to interact with Senior Management and non-finance personnel

- Must have experience of performance management for small or big team

- Knowledge of discounted cash flow and assessment of NPV for various LOB’s (life of businesses) within a firm.

- Working knowledge of Sage analysis and codes

- Good working knowledge and understanding of product accounting which will include cash flow, invoicing, expediting the process of invoices and timely chasing them , and invoice control

- A good knowledge of supplier invoice, purchase order invoices and rejections

- Working experience of the project accounting module in Sage. This will include report against projects i.e. P&L of the project, project environment and environment hold stock

- Stock accounting experience which includes stock audit coordination, comparing the stock numbers to the accounting systems, carrying out stock adjustments and values

- Experience working in a Project Environment

- Familiarity with research projects and R&D tax relief and experience of managing tangible and intangible asset in R&D based engineering firm and the suitable capitalisation / amortisation of assets

 

Main duties & responsibilities:

 

- Producing annual accounts and budgets

- Preparation, review and presentation of monthly management accounts, including variance analysis and KPIs

- Leading detailed project accounting and analysis

- Detailed cash flow forecasts and cash management

- Leading the finance function to ensure effective and robust controls and processes

- Responsibility for all financial systems to ensure critical business reports and data are delivered to schedule

- Taking a lead role in developing, implementing, analysing, maintaining and presenting strategic business and financial plans

- Organising working capital finance including letters of credit, bonds & working capital

- Responsibility for insurance, tax, auditor liaison and interaction with other advisors

- Monitor issues of financial risk including currency exposure, supervising relations with suppliers and purchasers, VAT compliance, payroll and credit control

- Assistance with company secretary duties

- Own and develop a standard costing system to cope with the complexities of an expanding manufacturing organisation

- Develop financial forecasts for production and inventory

- Implement full production variance accounting

- Commercially assess NPI programmes

- Support with systems, processes and reporting developments relating to production and inventory

- Support with preparation of the annual manufacturing budget

- Monitor, analyse and report on the impact of price / cost changes within the business

- Financial support for future acquisitions and integrations