Job Title
Financial Controller
Location
Cannock
Reporting To
Managing Director, with a dotted line to Group Finance Director
Main Purpose
To oversee financial reporting and ensure the effective management of all financial activities within the business.
Duties & Responsibilities
* Manage all aspects of the Finance team, ensuring effective task allocation, balanced workload, and timely completion of responsibilities.
* Participate as a member of the Senior Management Team, providing financial guidance and strategic governance in line with business objectives and long-term planning.
* Collaborate with Board members to ensure budgets are delivered.
* Prepare monthly management accounts and annual budgets, including operating and capital expenditure budgets.
* Develop and maintain a 5-year business plan.
* Oversee asset management, including maintaining an up-to-date and accurate fixed asset register.
* Ensure statutory and regulatory compliance, including VAT, Customs & Excise, and payroll taxes.
* Drive and monitor all business KPIs.
* Manage R&D tax credit processes and reporting.
* Oversee Intrastat reporting requirements.
* Take full responsibility for stock takes and ensure timely financial reconciliation. Analyse slow-moving stock and present recommendations to the Board.
* Monitor FX movements and assess implications on margins.
* Manage year-end reporting, including liaison with auditors and tax advisors.
* Lead month-end group reporting processes.
* Partner with Operations leadership to monitor and measure material yield.
* Monitor working capital requirements and recommend improvements.
* Track debtor days and develop plans for improvement.
* Ensure supplier terms are maintained at 60 days end of month.
* Produce weekly flash results.
* Support continuous improvement activities and ensure targets are achieved.
Key Performance Indicators (KPIs)
* Provide accurate and timely reporting in accordance with group requirements.
* Deliver external reporting in line with defined deadlines.
* Track and report on continuous improvement initiatives and associated cost savings.
* Maintain and report on the R&D register monthly.
* Monitor FX impact on margins and recommend actions to protect profitability.
* Assess slow-moving and obsolete stock, providing recommendations.
* Report on stocktake accuracy, including variance analysis.
* Maintain part-by-part cost of sales analysis.
* Report on monthly spend variances and recommend corrective actions.
* Monitor company credit rating and suggest improvements.
Training
* Identify and provide the necessary training to ensure departmental and individual effectiveness.
Qualifications, Knowledge, and Skills Required
* Open to QBE and Qualified candidates
* Strong understanding of financial controls and processes.
* Experience in financial forecasting and planning.
* Proven experience managing and developing teams.
* A solutions-oriented mindset with a drive for continuous improvement.
* Excellent communication skills, able to operate effectively across all levels of the business.
* Ability to thrive in a fast-paced environment, managing priorities and stakeholder expectations.
* Experience working within the manufacturing sector -
Essential
Interested to find out more? Please reach out