Description
JOB TITLE INTERIM SENIOR FINANCIAL CONTROLLER
IMMEDIATE MANAGER DIRECTOR, GROUP FINANCIAL CONTROL
JOB PURPOSE
The Senior Financial Controller is primarily responsible for the preparation of the group consolidated accounts and associated reporting. In addition, the Senior Financial Controller oversees bank reporting, VAT reporting and cash forecasting, and assists with the budgeting and forecasting process.
The Senior Financial Controller directly manages a Financial Analyst and Assistant Financial Controller, and indirectly manages other members of the financial control team.
Reporting to the Director, Group Financial Control, the Senior Financial Controller is required to effectively communicate and co-ordinate with senior MFG management, and all other head office departments and personnel.
The Senior Financial Controller will assist the Finance Directors and wider Finance Department as required with various ad hoc financial accounting, analytical and reporting tasks. The Senior Financial Controller may also be required to assist other departments with financial and administrative activities from time to time.
MAIN ACCOUNTABILITIES
1. Preparation of the month end consolidated accounts
2. Preparation of the monthly Board Pack & Balance Sheet Review
3. Review the monthly P&L, together with analysis provided by members of the financial control team
4. Oversee the use of Floqast (balance sheet reconciliations tool) by all members of the finance department, ensuring each period is completed in full and locked
5. Oversee the Quarterly VAT reporting process, supervising direct reports in this area
6. Manage the Monthly and quarterly bank reporting and covenant testing, supervising the Assistant Financial Controller in this area
7. Preparation of various reports required by lenders and other third parties
8. Work with lender agencies and Financial Analyst to ensure quarterly interest payments are calculated correctly, with due regard to each lender and their WHT status
9. Ensure all financing payments are made on a timely basis, including quarterly interest payments, WHT, ad-hoc payments in respect of SBLC, RCF, etc.
10. Act as an authoriser on banking platforms
11. Ensure quality control over financial transactions and financial reporting
12. Assist with building a control environment appropriate for a listed entity. Review and implement finance processes and procedures.
13. Support development of best practice
14. Perform other ad hoc duties as required (for both finance and other departments)
WORK CONTEXT
The post is based at MFG’s Head office in St. Albans but some business travel may be required from time to time. Additional hours may also be required to be worked from time to time over the contracted working hours to ensure that needs of the business are met.
COMMUNICATIONS
Main internal contacts of the post are:
15. CFO
16. Director, Group Financial Control & Other finance directors
17. Other members of Financial Control team
18. Treasury team
19. Other members of Accounts Department
20. Other Head Office Personnel
The main external contacts of the post are:
21. HMRC
22. External advisors
23. Relationship Banks
A variety of communication methods will be used.
COMPLEXITY
The main sources of complexity are:
24. Volume of data and attention to detail required in spite of this
25. To co-ordinate workload to achieve complimentary and competing deadlines.
26. To drive improvements in all areas
27. To ensure that processes are scalable with the expansion of the business.
KNOWLEDGE AND SKILLS REQUIRED
28. Professional accounting qualification (ACA preferred, but others considered dependent on experience)
29. Minimum 2:1 degree
30. At least 3 years PQE in Industry
31. Experience in consolidations
32. Experience in submission of quarterly Group VAT returns
33. Strong attention to detail and a questioning mind
34. Effective communication skills; verbal, electronic and written
35. Ability to achieve targets whilst maintaining accuracy
36. Ability to develop positive working relationships with colleagues and external contacts.
37. Analytical and problem solving skills.
38. Ability to take a flexible approach in a dynamic environment to meet tight deadlines.
39. Desire to be part of a growing business and working hard to achieve the company’s growth plans. Must be able to work in an Entrepreneurial culture.