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Internal controls specialist (finance)

Wotton-under-Edge
Permanent
Finance
£55,000 a year
Posted: 22h ago
Offer description

Internal Controls Specialist (Finance) Wotton under Edge Hybrid working (3 days office based) £40,000 - £55,000 depending on experience Renishaw is a FTSE 250 manufacturing company with a proud history of delivering measurement, calibration and precision manufacturing solutions to some of the most complex engineering processes in the world. Since our inception over half a century ago we have grown a global presence with over 70 offices in 39 countries and employ a workforce of over 5000 people. We currently have an opportunity for an Internal Controls Specialist to join our Group Financial Controls team based in Wotton-Under-Edge. It is an exciting time to join Renishaw and especially the Groups Internal Controls Team. Following several internal promotions and key organisational changes in 2024, the function is now in a period of evolution and growth. Its key immediate priorities include supporting the Renishaw Group in meeting changes to the UK Corporate Code, including but not limited to, the development and implementation of an upgraded ICFR (internal controls over financial reporting) framework. The Group also has several other critical transformational projects in progress, including the global deployment of a new ERP solution (D365) where knowledge and expertise is being actively sought from internal controls. As part of the internal controls team, you will have the opportunity to have a positive impact and legacy in terms of strengthening risk management, governance and critically the control environment in Renishaw. Key Responsibilities Supporting the design, implementation, monitoring and ongoing optimisation of Renishaws controls framework Managing and updating risk and controls matrices (RACMs), including process documentation with process owners Supporting the annual risk assessment, scoping and testing approach for controls Monitoring and reporting on the status of internal control deficiencies Updating the Groups Controls Manual as required Providing education and training on Renishaws internal control standards Supporting the first line of defence in implementing internal audit recommendations. Completing internal control health checks following D365 implementations in business subsidiaries Coordination with other internal functions to ensure a harmonised approach is applied across all assurance activities. Suggest improvements to further improve and optimise Renishaws control frameworks Providing insight, foresight and advice in addition to core assurance activities Foster and develop a network within the business Take strong responsibility for own self-development and career progression Key requirements Either a part qualified internal auditor, part qualified accountant or recently qualified and now seeking a new challenge Experience in evaluating design and operating effectiveness of controls frameworks in a FMCG environment. Proficient in English (written and spoken) Working knowledge of risk management frameworks and IFRS Experience of using and developing data analytics

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