Financial Controller
- Recruiter
- Lynx Recruitment Ltd
- Location
- Milton Keynes
- Salary
- 30000.00 - 35000.00 GBP Annual
- Posted
- 07 Dec 2016
- Closes
- 14 Dec 2016
- Sectors
- Accountancy
- Contract Type
- Permanent
- Hours
- Full Time
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.