Financial Controller

1. Purpose of the Job

• To produce relevant financial reporting and Business Information to (1) assist operational management to understand the financial performance of their business segment; (2) analyse and forecast financial trends, and (3) calculate the financial impact of business decisions.
• To assist the Financial Controlling Manager in producing quarterly forecasts and annual budgets and plans for the business segment for which they are responsible.
• To assist operational managers in the financial control and reconciliation of their jobs.
• To be proactive in the continuous improvement of the processes and procedures within the Finance Department and within the business segment for which they are responsible.

2. Main assignments

• Production of monthly, quarterly, bi-annual and annual reports in the agreed format to enable operational management to understand the financial performance, trends, risks and opportunities of their business segment, in accordance with agreed deadlines.
• To interpret the reports produced above and provide timely and relevant support and advice to operational management. In particular to analyse and comment on monthly results.
• To assist in the development and maintenance of a financial reporting dashboard for their business segment, to include visibility on sales performance and KPIs by product.
• Production of quarterly forecasts, annual budgets and plans for their business segment, in accordance with agreed deadlines.
• To implement the Adaptive Insights product within the business segment for the purpose of producing forecast and budgets.
• To produce and update a Risks & Opportunities analysis, identifying and quantifying the positive and negative factors that could affect the business in the reporting period.
  • Production of adhoc reports as required by either the Financial Controlling Manager, Finance Director, or Business Segment Head.
  • To implement any mandatory reports specified (eg Organic Growth Management, P&L by product etc)

Liaison with internal and external stakeholders

• To provide such information and explanations as may be required by the operational management of the business segment for which they are responsible.
• To provide such information and explanations as may be required by the wider Finance department.
• To provide such information and explanations as required by external and internal auditors.

Line Management

• To manage the day to day activities of any shared resource staff that are allocated to your function.

3. Accountabilities

• Oversee all company accounts and investments
• Create monthly and annual reports to identify results, trends, and financial forecasts
• Motivate and lead finance team members by clarifying roles and providing helpful feedback
• Suggest updates and improvements for accounting systems, including payroll and invoicing
• Ensure that all financial transactions are properly recorded, filed, and reported
• Establish and implement financial reporting systems to comply with government regulations and legislation
• Collaborate with auditing services to ensure proper compliance with all regulations
• Develop budgets and financial plans for the company based on research and data reports
• Review all financial plans and budgets regularly to look for cost reduction opportunities
• Examine all financial reports and data closely to check for discrepancies
• Assist the CFO in presenting reports to senior executives, stakeholders, and board members.

4. Person Specification

• Bachelor's degree or master's degree in accounting, business, economics, finance, or a related field;
• Several years of experience in a business or finance environment;
• Management experience;
• Leadership skills
• Interpersonal skills
• Outstanding mathematical skills
• Solid written and verbal communication skills
• Understanding of data privacy standards.