Position: Financial Controller
Location: Head Office Based in Nottingham.
Suit candidates from Nottinghamshire, Leicestershire or Derbyshire)
Salary : A GBP 75k depending on experience
Our client is a A GBP 40 Million + turnover wholesale food company. It is seeking an ambitious hands:on all:round Financial Controller to manage its finances.
Key Responsibilities
Financial Reporting and Control
* Prepare accurate monthly management accounts, including profit and loss, balance sheet, and cash flow statements
* Ensure timely and accurate year:end statutory accounts in accordance with UK GAAP / FRS 102
* Maintain and improve financial controls, ensuring compliance with internal policies and audit requirements
* Liaise with external auditors and professional advisors
Budgeting, Forecasting and Commercial Analysis
* Lead the annual budgeting process and rolling forecasts
* Provide detailed variance analysis and financial commentary to senior management
* Analyse gross margins by product, customer, and channel
* Support pricing strategies and margin improvement initiatives
Cash Flow and Working Capital Management
* Produce and manage cash flow forecasts
* Optimise working capital, including:
* Inventory levels and turnover
* Trade receivables and credit control
* Supplier payment terms, including overseas suppliers
* Manage banking relationships, facilities, and covenant reporting
Inventory and Supply Chain Finance
* Oversee inventory accounting, including landed cost calculations (freight, duties, storage, and other import costs)
* Ensure accurate stock valuation and reconciliation between finance and warehouse systems
* Monitor and report on slow:moving, obsolete, damaged, or expired stock
* Support stock counts and investigate variances
Tax, VAT and Regulatory Compliance
* Ensure compliance with UK VAT, including import VAT and postponed VAT accounting
* Manage customs duties and import:related taxes
* Oversee corporation tax calculations and submissions
* Ensure all HMRC and statutory filing deadlines are met
Systems, Processes and Controls
* Manage and develop finance systems and reporting tools
* Improve integration between finance, warehouse, and order management systems
* Drive process improvements to enhance efficiency, accuracy, and reporting timelines
Risk Management and Governance
* Identify and manage financial risks, including foreign exchange exposure
* Support FX hedging strategies where applicable
* Maintain appropriate governance, internal controls, and segregation of duties
* Support insurance reviews and risk mitigation initiatives
Person Specification
Essential
* Professionally qualified accountant ( ACA, ACCA, or CIMA )
* Proven experience in a financial controller or senior finance role
* Strong background in inventory:based businesses, ideally food, FMCG, wholesale, or distribution
* Solid understanding of import VAT, landed costs, and stock valuation
* Excellent analytical, organisational, and communication skills
* Hands:on approach with strong attention to detail
Desirable
* Experience within a food import, food distribution, or FMCG environment
* Experience managing finance systems and process improvements
* Knowledge of foreign currency management
Salary c.A GBP 75K