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 in financial statements required.
The predicted salary is between 50000 - 60000 £ per year.
This global engineering organisation has a need for an experienced Finance candidate to join them as Controlling Manager position.
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: To 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-offs 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 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.
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 in Middlesbrough employer: Hays
Join a leading global engineering organisation that values its employees through a supportive work culture and offers excellent opportunities for professional growth. 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 an environment of collaboration and innovation, ensuring that your contributions are recognised and impactful.
StudySmarter Expert Advice🤫
We think this is how you could land Controlling Manager in Middlesbrough
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance industry, especially those who might know about opportunities at companies you're interested in. A personal recommendation can make all the difference!
✨Tip Number 2
Prepare for interviews by researching the company and its financial practices. Understand their challenges and think about how you can contribute as a Controlling Manager. This will show you're genuinely interested and ready to hit the ground running.
✨Tip Number 3
Practice your interview skills with a friend or mentor. Focus on articulating your experience with financial reporting, budgeting, and strategic planning. The more comfortable you are discussing your skills, the better you'll come across in interviews!
✨Tip Number 4
Don't forget to apply through our website! We have loads of great finance roles, and applying directly can sometimes give you an edge. Plus, it’s super easy to keep track of your applications that way!
We think you need these skills to ace Controlling Manager in Middlesbrough
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Controlling Manager role. Highlight your financial control experience, budgeting skills, and any relevant qualifications like CIMA or ACCA. We want to see how your background aligns with what we're looking for!
Showcase Your Achievements:Don’t just list your responsibilities; showcase your achievements! Use specific examples of how you've improved financial processes or contributed to cost savings. This helps us see the impact you've made in previous roles.
Be Clear and Concise:When writing your application, keep it clear and concise. Avoid jargon and make sure your points are easy to understand. We appreciate straightforward communication that gets to the heart of your experience.
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you’re considered for the role. Plus, it’s super easy to do!
How to prepare for a job interview at Hays
✨Know Your Numbers
As a Controlling Manager, you'll be expected to have a solid grasp of financial statements and management accounting. Brush up on your knowledge of UK GAAP and IFRS, and be ready to discuss how you've applied these standards in previous roles. Prepare examples of your month-end reporting processes and any challenges you faced.
✨Showcase Your Analytical Skills
This role involves a lot of analysis, especially around gross margins and budgeting. Be prepared to talk about specific instances where your analytical skills made a difference. Bring along examples of reports you've created or insights you've provided that led to improved financial performance.
✨Demonstrate Collaboration
You'll be working closely with senior management and external stakeholders, so it's crucial to highlight your teamwork skills. Think of examples where you've successfully collaborated with others to drive financial performance or streamline processes. This will show that you're not just a numbers person but also a team player.
✨Prepare for Compliance Questions
Compliance is key in this role, so expect questions about internal controls and regulatory requirements. Familiarise yourself with the company's policies and think about how you've ensured compliance in your past positions. Being able to discuss your approach to maintaining accurate records and facilitating audits will set you apart.
