At a Glance
- Tasks: Lead financial operations, ensuring accuracy and compliance while optimising performance.
- Company: Join the dynamic Great State team, driving commercial success.
- Benefits: Competitive salary, professional development, and a supportive work environment.
- Other info: Opportunity for career advancement and hands-on experience in finance.
- Why this job: Make a real impact on financial strategies and company growth.
- Qualifications: Exceptional accounting skills and a proactive approach to financial management.
The predicted salary is between 55000 - 65000 £ per year.
We are looking for a Financial Controller to join the Great State team. Working with the Joint Managing Directors, the Financial Controller will ensure financial accuracy and be a driver of commercial success. The Financial Controller position is responsible for the overall accounting operations of Great State, including the production of financial reports, maintenance of an adequate system of accounting records, and a comprehensive set of controls and budgets designed to mitigate risk, enhance the accuracy of the company's reported financial results, and ensure that reported results comply with accepted accounting principles. The successful candidate will be an exceptional accountant, hands-on with company finances, and commercially aware to support us in how to optimise our financial performance. The Financial Controller will report into one of the Joint Managing Directors and will have line management responsibility for the Assistant Accountant.
At a high level they must:
- Work with the Assistant Accountant to ensure that the financial operations and processes for Great State follow best practice and industry standards.
- Manage and provide ongoing training to accounting and relevant personnel across the company.
- Manage and conduct the day-to-day financial functions.
- Conduct regular financial assessments and generate reports to be submitted to the senior management team.
- Present management information to key stakeholders on projected revenue, costs and cash flow.
- Establish and monitor budgets in accordance with the requirements of company departments.
- Develop annual financial plans and forecasts for the company and conduct analysis of financial risks and benefits on business initiatives.
Responsibilities:
- Oversee the day-to-day financial operations and processes for Great State ensuring they follow best practice and industry standards.
- Evaluate and improve current financial practices across Great State.
- Ensure that company financial systems are robust, compliant and support current activities and future growth.
- Manage and provide ongoing training to accounting and relevant personnel across the company.
- Line-manage the Assistant Accountant including annual reviews, regular 1-2-1s and developing their training and development plan.
- Train relevant staff from across Great State on existing and improvements to financial practices.
- Induct new staff on financial processes and requirements.
- Manage and conduct the day-to-day financial functions.
- Processing invoices and payments in a timely manner.
- Credit control management including chasing payments and escalation.
- Oversee and advise on payroll processes.
- Troubleshooting and coaching to resolve problems and remove impediments.
- Monitor and manage company cash flow, ensuring adequate liquidity for operations and growth.
- Conduct regular financial assessments and generate reports to be submitted to the senior management team.
- Provide regular financial assessments and generate reports to be submitted to the senior management team on weekly (e.g. cash-flow forecasts, accruals and prepayments), monthly (e.g. management accounts), quarterly (e.g. VAT forecast and budget forecasts) and annual basis (e.g. year-end management accounts, annual budget).
- Completing statutory obligations including corporation tax and quarterly VAT returns.
- Liaise with external accountants for annual accounts and audits.
Financial Controller employer: Great State
Contact Detail:
Great State Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Financial Controller
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, attend industry events, and don’t be shy about asking for introductions. We all know that sometimes it’s not just what you know, but who you know that can land you that Financial Controller role.
✨Tip Number 2
Prepare for interviews by brushing up on your financial knowledge and being ready to discuss real-world scenarios. We recommend practising common interview questions and even doing mock interviews with friends or mentors to boost your confidence.
✨Tip Number 3
Showcase your skills! Bring along examples of your past work, like financial reports or budgets you've created. We want to see how you’ve driven commercial success in previous roles, so make sure you highlight those achievements during your discussions.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are genuinely interested in joining the Great State team.
We think you need these skills to ace Financial Controller
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Financial Controller role. Highlight your accounting experience, financial management skills, and any relevant qualifications. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter: Your cover letter should tell us why you're the perfect fit for Great State. Share specific examples of how you've optimised financial performance in previous roles. This is your chance to shine, so make it count!
Showcase Your Commercial Awareness: In your application, demonstrate your understanding of commercial success and financial accuracy. We’re looking for someone who can not only manage finances but also drive business growth. Let us know how you can contribute!
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 don’t miss out on any important updates. We can’t wait to hear from you!
How to prepare for a job interview at Great State
✨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. Be prepared to explain how you would approach budgeting and forecasting for Great State.
✨Showcase Your Leadership Skills
Since this role involves line management of the Assistant Accountant, highlight your experience in training and developing team members. Share specific examples of how you've successfully managed a team or improved financial processes in previous positions.
✨Understand the Company’s Financial Landscape
Do your homework on Great State’s financial practices and industry standards. Familiarise yourself with their recent financial reports if available, and be ready to discuss how you can enhance their financial operations and compliance.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving skills, especially around cash flow management and financial risk assessment. Think of scenarios where you’ve had to troubleshoot financial issues and be ready to walk the interviewers through your thought process and solutions.