At a Glance
- Tasks: Oversee financial control processes and ensure accurate reporting and budgeting.
- Company: Global engineering organisation with a focus on innovation and efficiency.
- Benefits: Attractive salary, hybrid working, and comprehensive benefits package.
- Other info: Opportunities for process improvements and career growth in a dynamic environment.
- Why this job: Join a pivotal role that drives financial performance and strategic planning.
- Qualifications: Part-qualified or fully qualified CIMA/ACA/ACCA preferred; experience counts too.
The predicted salary is between 55000 - 65000 £ per year.
Your new company is a global engineering organisation seeking an experienced Finance candidate for the Controlling Manager position. Reporting into the Finance Director, the Controlling Manager is responsible for overseeing the company's financial control processes, ensuring accurate reporting, budgeting, and strategic financial planning. This role plays a pivotal part in providing financial insights, monitoring performance, and implementing effective cost-control measures to support business objectives.
The Controlling Manager collaborates with senior management to drive financial performance, compliance, and operational efficiency.
Month End/Year End Reporting:- Assist with the preparation of monthly, quarterly, and annual Financial Statements in accordance with UK GAAP and/or IFRS, ensuring all statutory filings are accurate and submitted in line with deadlines.
- Lead the month-end reporting process, ensuring accurate and timely closure of financial accounts.
- Prepare and post journal entries, including depreciation, warranty, and month-end accruals, in compliance with accounting standards.
- Support the preparation of management reports, including KPIs and budget vs. actual analysis.
- Liaise with external stakeholders and be a key source of contact for the auditors to facilitate a smooth audit process.
- Manage the Fixed Asset register, ensuring accurate recording, clarification, and valuation of assets while ensuring capitalisation and depreciation is carried out in line with local accounting standards.
- Calculate and record customer rebates in line with agreements, ensuring accurate reporting and accounting postings.
- Conduct periodic stock reconciliations to identify discrepancies and implement corrective measures.
- Ensure compliance with accounting standards for inventory valuation, including cost allocations and provisions for slow-moving or obsolete stock.
- Support month-end and year-end closing activities by providing accurate stock-related data.
- Strive for stock reporting accuracy with a desire to minimise stock provisions and write-offs needed.
- Perform detailed gross margin analysis to monitor profitability across products and customers.
- Identify trends, variances, and drivers impacting gross margin performance and provide actionable recommendations.
- Review and improve margin reporting to ensure full transparency of margin impacts.
- Assist in preparing annual budgets and periodic forecasts to support strategic decision-making, including the identification of trends, risks, and opportunities.
- Support the development of financial projections, including revenue, expenses, and cash flow, based on historical performance and business objectives.
- Maintain and update financial planning tools and templates to improve forecasting accuracy and efficiency.
- Ensure compliance with Internal Controls, Company Policies, and regulatory requirements.
- Identify opportunities for process improvements to enhance financial reporting and internal controls.
What you'll need to succeed: Ideally, part-qualified or fully qualified CIMA / ACA / ACCA; however, qualified by experience candidates could be considered. Financial statement and management accounting experience is essential.
What you'll get in return: An attractive salary and benefits package along with hybrid working.
If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now. If this job isn't quite right for you, but you are looking for a new position, please contact us for a confidential discussion about your career.
Financial Controller in Middlesbrough employer: Hays Specialist Recruitment Limited
Join a leading global engineering organisation that values financial excellence and offers a dynamic work environment. As a Financial Controller, you will benefit from a competitive salary, a comprehensive benefits package, and the flexibility of hybrid working. The company fosters a culture of collaboration and continuous improvement, providing ample opportunities for professional growth and development in a supportive atmosphere.
Contact Details:
Hays Specialist Recruitment Limited Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Financial Controller in Middlesbrough
✨Tip Number 1: Tap Into Professional Networks
The finance world loves a good connection, so jump into industry-specific groups on platforms like LinkedIn where you can find discussions on financial controlling. Engaging in these communities can expose you to hidden job leads that aren't openly advertised!
✨Tip Number 2: Attend Finance Events and Conferences
Make it a mission to attend finance-related events and conferences, even virtual ones! This is a golden opportunity to network face-to-face with people from companies like Hays Specialist Recruitment Limited. You never know who might be your next boss or a crucial contact!
✨Tip Number 3: Showcase Your Expertise
Consider writing articles or sharing insights related to financial controlling or industry trends. Publish these on platforms like LinkedIn to establish yourself as a knowledgeable player in the field. This not only increases your visibility but also catches the attention of recruiters from Hays Specialist Recruitment Limited.
✨Tip Number 4: Apply Directly on Company Websites
Since you're going for a full-time gig, don't forget to keep an eye on the careers page of companies you're interested in, like Hays Specialist Recruitment Limited. Many companies prefer candidates who apply through their website as it shows genuine interest and makes your application stand out!
We think you need these skills to ace Financial Controller in Middlesbrough
Some tips for your application 🫡
Show Off Your Numbers Game:In financial controlling, detail is everything! Make sure your CV showcases your proficiency with numbers—highlight any relevant experience in budgeting, forecasting, or working with financial software. Quantifying your past achievements will make you stand out, so don’t be shy about flaunting those impressive percentages or cost savings you've implemented.
Tailored Cover Letter is Key:Your cover letter is a chance to shine, especially for a full-time role. Use it to express your genuine interest in Hays Specialist Recruitment Limited and the specific impact you hope to make in financial controlling. Mention any relevant qualifications or experiences that align with the company’s goals, and don’t forget to show that you're ready for a long-term commitment!
Certifications Matter:List relevant certifications such as ACCA or CIMA on your CV. These qualifications not only showcase your dedication to the field but also your technical competence in financial principles. If you have any ongoing training or courses, make sure to mention those as well to demonstrate your commitment to continual learning in financial controlling.
Don’t Overlook Soft Skills:While numbers are crucial, so are those soft skills! Financial controllers need strong communication and analytical reasoning abilities. We recommend embedding examples of these skills in your CV and cover letter, like how you’ve successfully delivered financial reports to stakeholders or collaborated with teams to improve processes. Let’s show Hays Specialist Recruitment Limited how you can be a team player!
How to prepare for a job interview at Hays Specialist Recruitment Limited
✨Brush Up on Technical Skills
Make sure you're comfortable with key financial concepts, especially around forecasting, budgeting, and variance analysis. Sometimes, interviewers may throw in technical questions or case studies, so practicing these types of scenarios will help you shine!
✨Showcase Your Financial Acumen
If you've had experience with specific financial software like SAP or Oracle, make it known! Be ready to discuss how you used these tools to improve processes or reporting, as this hands-on knowledge can really set you apart in a full-time role with Hays Specialist Recruitment Limited.
✨Know Your Numbers
In full-time interviews, especially in financial controlling, be prepared for numerical reasoning tests or questions. Brush up on your mental maths and understand how to interpret and analyse financial statements on the spot, as this may come up during the assessment.
✨Connect with Company Goals
Familiarise yourself with Hays Specialist Recruitment Limited's financial objectives and any recent developments. During the interview, try to weave your understanding of their business model and challenges into your answers—this shows your genuine interest and alignment with their goals!