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- Tasks: Manage financial planning, reporting, and compliance while supporting operational efficiency.
- Company: Join a leading global manufacturer of innovative Power Drive System solutions.
- Benefits: Enjoy a dynamic work environment with opportunities for professional growth and development.
- Why this job: Be part of a cutting-edge company that values integrity and collaboration in a diverse team.
- Qualifications: Bachelor's degree in finance or accounting with 5+ years of experience in manufacturing finance.
- Other info: Fluency in English and Chinese is required; onsite role in Norwich.
The predicted salary is between 36000 - 60000 £ per year.
Our client, a renowned global manufacturer of Power Drive System solutions, is seeking a talented Financial Controller to join their team in Norwich. As a leading player in the industry, this company offers a diverse portfolio of products, including motors, inverters, generators, power supply batteries, transformers, and more. With a global footprint and a commitment to excellence, they are looking for individuals who share their dedication to delivering cutting-edge solutions.
Location: Onsite working in Norwich, UK
Language: English AND Chinese
Responsibilities:
- Financial Planning and Reporting: Developing and overseeing budgets and financial forecasts. Conducting variance analysis to compare actual performance with budgeted figures including cost center expense. Analyzing financial data to identify trends, inefficiencies, and opportunities for cost savings.
- Financial Reporting: Preparing and presenting accurate and timely financial reports, including income statements, balance sheets, and cash flow statements. Ensuring compliance with local financial reporting requirements.
- Internal Controls and Compliance: Establishing and maintaining robust internal control systems to safeguard assets. Ensuring compliance with financial regulations and standards. Coordinating audits (internal and external) and implementing audit recommendations.
- Operational Support:
- Production Control: Analyzing production data to identify bottlenecks or inefficiencies in the manufacturing process. Collaborating with APU managers to develop solutions for scrap, rework, OEE, productivity and efficiency.
- Supply Chain and Purchase Control: Evaluating the financial impact of supply chain decisions, such as sourcing materials from different suppliers or changing logistics partners. Working with the procurement team to negotiate better terms with suppliers and optimize the supply chain to reduce costs and improve reliability.
- Cost Reduction Initiatives: Identifying areas where costs can be reduced without compromising quality or production capabilities. Implementing lean manufacturing principles, such as reducing waste, improving process efficiencies, and enhancing workforce productivity through targeted training programs.
- Capex Control: Assessing the financial viability of proposed capital projects, such as new equipment purchases or facility upgrades. Conducting cost-benefit analyses, projecting the return on investment (ROI), and providing recommendations to management on whether to proceed with the investment.
- Inventory Control: Ensuring accurate inventory accounting and overseeing physical inventory counts. Analyzing inventory turnover rates and identifying slow moving or obsolete inventory. Working with the supply chain team to optimize inventory levels and reduce carrying costs.
Requirements:
- Honesty and integrity with respective manner
- Bachelor or above academic degree with major in finance, accounting or other similar disciplines.
- 5+ years of finance working experience in manufacturing.
- ERP skill, i.e. SAP FI/CO
- Strong Microsoft skills
- Excellent writing and communication skill in English and Chinese
Financial Controller employer: ELP Consult
Contact Detail:
ELP Consult Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Financial Controller
✨Tip Number 1
Familiarise yourself with the specific financial software and ERP systems mentioned in the job description, particularly SAP FI/CO. Having hands-on experience or certifications in these tools can set you apart from other candidates.
✨Tip Number 2
Brush up on your financial reporting skills, especially in preparing income statements, balance sheets, and cash flow statements. Being able to discuss your experience with these reports confidently during interviews will demonstrate your expertise.
✨Tip Number 3
Since the role requires cross-functional collaboration, think of examples from your past work where you've successfully worked with other departments. Be ready to share these stories to showcase your teamwork and communication skills.
✨Tip Number 4
Given the emphasis on cost reduction initiatives, prepare to discuss any relevant projects where you've implemented lean manufacturing principles or identified cost-saving opportunities. This will highlight your proactive approach to financial management.
We think you need these skills to ace Financial Controller
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in financial planning, reporting, and compliance. Emphasise your skills in ERP systems like SAP FI/CO and your proficiency in both English and Chinese.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Mention specific experiences that align with the responsibilities listed, such as cost reduction initiatives or cross-functional collaboration.
Highlight Relevant Achievements: In your application, include quantifiable achievements from your previous roles, such as successful budget management or improvements in financial reporting accuracy. This will demonstrate your capability to deliver results.
Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for a Financial Controller role.
How to prepare for a job interview at ELP Consult
✨Showcase Your Financial Acumen
Be prepared to discuss your experience with financial planning and reporting. Highlight specific examples where you've developed budgets, conducted variance analysis, or prepared financial reports. This will demonstrate your expertise and understanding of the role.
✨Understand the Manufacturing Sector
Familiarise yourself with the manufacturing industry, particularly in relation to financial controls and cost reduction initiatives. Be ready to discuss how you can apply lean manufacturing principles and improve operational efficiency within a manufacturing context.
✨Demonstrate Cross-Functional Collaboration Skills
Since the role involves liaising with various departments, prepare examples of how you've successfully collaborated with other teams in the past. Emphasise your ability to integrate financial considerations into operational decisions and support new product development.
✨Prepare for Language Proficiency Questions
Given the requirement for English and Chinese communication skills, be ready to demonstrate your proficiency in both languages. You might be asked to explain financial concepts or reports in Chinese, so practice articulating your thoughts clearly in both languages.
