Financial Controller

Job Title:Financial Controller
Reporting to:Chief Finance Officer
Department:Finance
Location:Corby
Salary:£50,000-£55,000
(Depending on experience)
Job I.D:9985

Our client based in Northamptonshire is on the look-out for a Qualified Financial Controller to run the Finance function for a multi-million FMCG Manufacturing company. We are looking for a focussed, pro-active and engaging individual with a high level of skill and experience able to hit the ground running.

Key Purpose/Target of the Post

*Responsible for the entire Management Accounts process and coordinating all accounting functions of the company. Responsibility for product costing control and evaluation.
*Focus on strategic issues, while managing day-to-day operations including costing new products, credit control.
*Ensure accounts are accurate and business operates in line with the business plan. Challenge costs.

Main Tasks of Post holder

Payroll:
*Ensure the accuracy of the T+A system, review hours with Management and maintain holiday records
*Oversee Preparation of Payroll and check for any anomalies
*Resolve any pay discrepancies

IT:
*Provide support and supervision of the IT administrator
*Administer the main system in terms of user access, reporting, liaison with suppler for support issues
*Provide support to users with Microsoft based tools

Management Accounts:
*Preparation of the entire monthly management accounting pack
*Prepare all supporting reports and documentation for month end
*Reconciliation of all balance sheet accounts
*Stock valuation, accounting, monitoring and reporting (including end of year count process)
*Produce and develop weekly KPI's / Management reports

Standards and Budgets:

*Maintain the company costing standards system (Sanderson and Spreadsheet)
*Variance Analysis - gross margin and contribution reporting / explanation, standard costs deviation - maintain and develop variance analysis tools
*Work closely with marketing and production on costing, efficiency improvement and waste identification/reporting
*Liaise with operational management and NPD in setting new standard costs.
*Prepare the budget with the FD, specifically sales, Cost of Sales, Labour and overheads budgets by liaison with operational budget holders

Cash flow:
*Maintain daily cash flow planning tools
*Monthly reconciliation of the CID facility, liaison with Bank

Other:
*Fixed Asset register management, control and review.
*Design/implement new finance/management controls and procedures
*Supervision of the staff responsible for:
*Purchase and Sales Ledger processing, Banking and Petty Cash, Expenses processing,
*Product Costing / Benchmarking, Management Reporting, Daily Cash flow analysis, External returns e.g. VAT, Intrastat, Duty, NSO

Key Performance Indicators
*To maintain / develop a cost accounting system, manage standards.
*To control start-up costs of new projects, ensuring standard costs are in line with actual.
*Accurate reporting.
*Liaising with external bodies
*Variance and P&L analysis, and other ad-hoc duties, liaising with banks and external auditors

Procedures/Guidelines, responsibilities

*Reporting to the FD you will provide key financial information across a variety of levels in the organisation to satisfy statutory requirements and facilitate decision making and business planning operational level. Some of your key duties will include: ensure the accurate production of the monthly accounts in line with policy deliver to strict reporting deadlines the monthly reports for Senior Management, and other ad-hoc reports.
*Responsible for production of timely and accurate monthly accounts including insightful commentaries and key performance indicators.
*The successful candidate will have full responsibility for investigating and analyzing cost variances.
*Maintain and update planning system for annual budgeting alongside head of department.

Person Specification
Position: Financial Controller

Qualities
Previous
Experience

Essential:
*3-5 years of post-qualification management accounts experience
*Experience of process/manufacturing standard costing
*Have good knowledge of labour analysis and variance

Desirable:
*Have a proven track record of effective line management experience within a Financial Role.
*Experience of leading others through change.
*Experience of working in FMCG food production environment.

Skills/Abilities

Essential:
*IT literate (MS Office software).
*Excellent MS Excel (Advanced)
*Ability to work effectively with individuals at all levels and functions.
*Strong interpersonal and communication skills with ability to influence staff of all disciplines.
*Have strong communication skills.
*Preference for experience in manufacturing.

Desirable:
*Budgeting and Financial planning
*Project management.
*Ability to work at both strategic and tactical levels.
*Monitoring & Evaluation.
*Have good literacy skills.
*Training

Training

Essential:
*Experience with cost accounting principles.

Desirable:
*Experience in Payroll and Tax.
*Systems development.

Education/
Qualification

Essential:
*CIMA/ACCA qualified.

Desirable:
*Numerate, with a good financial management background and the ability to use spreadsheets and budgeting software skills.


Other Requirements

Essential:
*Determined and focused professional approach
*Supportive team player with a Proactive and positive outlook
*Attention to detail
*Problem solving and conflict resolution skills.
*Remain calm under pressure and to work to tight deadlines.
*Flexible and adaptable, with the ability to solve problems and take prompt decisive action.
*Self-motivated, to ensure that the necessary results are achieved.

Desirable:
*Ability to audit production areas and identified the non-compliance with the requirement and development action plans for corrective action.
*Excellent communication skills, with the confidence to explain and challenge decisions when necessary.
*Be willing to work flexible hours when needed.