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- Tasks: Lead financial planning, reporting, and analysis for a global manufacturing leader.
- Company: Join a renowned manufacturer of Power Drive System solutions in Norwich.
- Benefits: Competitive salary, career growth, and a dynamic work environment.
- Why this job: Make a real impact in finance while working with cutting-edge technology.
- Qualifications: 5+ years in finance, ERP skills, and bilingual in English and Chinese.
- Other info: Collaborative culture with opportunities to innovate and excel.
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
Responsibilities
- Financial Planning and Analysis: 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.
- Cross-Functional Collaboration: Acting as a liaison between the finance department and other departments to ensure financial considerations are integrated into daily operational decisions. Facilitating regular financial review meetings with cross functional teams to discuss financial performance and operational issues. Supporting new product development including cost estimation, price strategies and profitability analysis.
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 in Norwich employer: ELP Consult
Contact Detail:
ELP Consult Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Financial Controller in Norwich
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and manufacturing sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by researching the company thoroughly. Understand their products and recent developments in the power drive systems industry. This will help you tailor your answers and show that you're genuinely interested in the role.
✨Tip Number 3
Practice common interview questions related to financial planning and analysis. Be ready to discuss your experience with budgeting, variance analysis, and compliance. Use specific examples from your past roles to demonstrate your expertise.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive and engaged in their job search.
We think you need these skills to ace Financial Controller in Norwich
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Financial Controller role. Highlight your experience in financial planning, reporting, and compliance, as these are key areas for us. Use specific examples that showcase your skills and achievements in manufacturing finance.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your background aligns with our needs. Don’t forget to mention your experience with ERP systems and any relevant financial analysis you've done.
Showcase Your Communication Skills: Since excellent communication is crucial for this position, make sure your application reflects your writing skills. Keep it clear and concise, and don’t shy away from using industry-specific language that shows you know your stuff!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it gives you a chance to explore more about our company culture and values!
How to prepare for a job interview at ELP Consult
✨Know Your Numbers
As a Financial Controller, you'll need to demonstrate your financial acumen. Brush up on key financial metrics and be ready to discuss how you've used them in past roles. Prepare examples of budgets you've developed or financial forecasts you've overseen.
✨Understand the Industry
Familiarise yourself with the power drive systems industry and the specific challenges it faces. Research the company’s products and recent developments. This will show your genuine interest and help you connect your experience to their needs.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving skills. Think about past experiences where you've identified inefficiencies or implemented cost-saving measures. Be ready to explain your thought process and the outcomes.
✨Showcase Your Communication Skills
Since the role involves cross-functional collaboration, highlight your communication skills. Prepare to discuss how you've effectively liaised with other departments in the past. Being able to convey complex financial information clearly is key!
