Financial Controller

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

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

Job Function:

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

  • 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
Job Requirement:

 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