At a Glance
- Tasks: Oversee financial control processes and ensure accurate reporting and budgeting.
- Company: Global engineering organisation with a focus on innovation and collaboration.
- 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: Make a real impact on financial performance and strategic planning.
- Qualifications: Part-qualified or fully qualified CIMA/ACA/ACCA preferred; experience counts too.
This global engineering organisation has a need for an experienced Finance candidate to join them as Controlling Manager. Reporting into the Finance Director, the Controlling Manager role is responsible for overseeing the company's financial control processes, ensuring accurate reporting, budgeting, and strategic financial planning. This position plays a pivotal role 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, but not limited to, 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 in order to facilitate a smooth audit process.
- Management of the Fixed Asset register, ensuring accurate recording, clarification and valuation of assets whilst ensuring capitalisation and depreciation is carried out in line with local accounting standards.
- Calculate and record customer rebates in line with the agreements in place ensuring accurate reporting, and accounting postings (e.g. credit notes issued, accruals maintained) are carried out.
Stock Control:
- 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 provision and write off's needed.
Gross Margin Analysis:
- 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.
Budget preparation & Forecasting:
- Assist in preparing annual budgets and periodic forecasts to support strategic decision-making, including the identification of trends, risk 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.
Other:
- 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 experienced 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.
What you need to do now:
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.
Controlling Manager employer: Hays
Join a leading global engineering organisation that values its employees through a supportive work culture and offers excellent growth opportunities. As a Controlling Manager, you will benefit from an attractive salary and hybrid working arrangements, while playing a crucial role in driving financial performance and strategic planning. This company fosters a collaborative environment where your contributions are recognised, ensuring a rewarding career path in the finance sector.
StudySmarter Expert Advice🤫
We think this is how you could land Controlling Manager
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance industry, especially those who might know about opportunities in controlling management. A friendly chat can lead to insider info that you won't find on job boards.
✨Tip Number 2
Prepare for interviews by brushing up on your financial control processes and reporting standards. Be ready to discuss how you've tackled budgeting and forecasting in past roles. We want to see your expertise shine!
✨Tip Number 3
Showcase your analytical skills! Bring examples of your gross margin analysis or stock control successes to the table. This will demonstrate your ability to provide actionable insights that align with business objectives.
✨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 take the initiative to connect directly with us.
We think you need these skills to ace Controlling Manager
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that match the Controlling Manager role. Highlight your financial control processes, reporting experience, and any relevant qualifications like CIMA or ACCA.
Craft a Compelling Cover Letter:Use your cover letter to tell us why you're the perfect fit for this position. Share specific examples of how you've driven financial performance and compliance in previous roles.
Showcase Your Analytical Skills:Since this role involves a lot of analysis, be sure to mention your experience with gross margin analysis and budgeting. We want to see how you can provide actionable insights based on data.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands and shows us you’re serious about joining our team!
How to prepare for a job interview at Hays
✨Know Your Numbers
As a Controlling Manager, 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 how you've improved financial processes or reporting accuracy.
✨Understand the Company’s Financial Landscape
Research the company’s financial performance and recent news. Familiarise yourself with their financial statements if available. This will not only show your interest but also help you ask insightful questions during the interview.
✨Prepare for Technical Questions
Expect questions around UK GAAP, IFRS, and financial controls. Be ready to explain complex concepts in simple terms. Practising these explanations can help you feel more confident and articulate during the interview.
✨Showcase Your Collaboration Skills
The role involves working closely with senior management and external stakeholders. Prepare examples that highlight your teamwork and communication skills, especially in situations where you’ve had to liaise with auditors or other departments.
