Financial Controller

Financial Controller

Epping Full-Time 28800 - 48000 £ / year (est.) No home office possible
K

At a Glance

  • Tasks: Manage financial ledgers, prepare reports, and ensure timely cash flow.
  • Company: Join a dynamic team focused on financial excellence and strategic growth.
  • Benefits: Enjoy competitive pay, professional development, and a collaborative work environment.
  • Why this job: Be part of a proactive team making impactful financial decisions.
  • Qualifications: ACCA/ACA/CIMA qualified with strong communication skills required.
  • Other info: Opportunity for career growth in a supportive finance department.

The predicted salary is between 28800 - 48000 £ per year.

You must have a suitable professional qualification and several years’ experience in a similar role to meet the expectations of the business and its customers. The successful candidate must be a proactive and enthusiastic team player with an aptitude to identify and investigate all matters financial to ensure the safekeeping of the company’s assets.

Adherence to time scales is essential to provide the management with timely and accurate management information and data to assist in strategic decision making. Understanding of all systems and processes is required and to then provide recommendations of improvements and efficiencies within the finance department as well as the wider business.

Main Responsibilities and Tasks:

  • Finance
  • To manage and have full awareness of all ledgers
  • Prepare, approve and post appropriate nominal journals
  • To ensure ledgers are closed promptly at the end of each month
  • To confirm stock cut off and to calculate and check the sales gross margin
  • Production of monthly management accounts and associated reports within agreed timelines
  • To review Sales Ledger balances and credit limits as required
  • Check and approve Purchase Ledger BACS payment runs
  • Preparation and submission of quarterly VAT Returns
  • Preparation of year-end schedules for Audit (May/August year-end)
  • Prepare draft financial statements
  • Cash
    • Check and maintain cashflow spreadsheet to ensure daily cash levels are maintained
  • HR
    • Supervise and process weekly and monthly payroll
    • Staff management (reviews/development/training) and contracts
    • Preparation and submission of HMRC returns and RTI compliance
  • Stock and Shipping
    • To understand the internal pricing model and to check and audit the buyers cost calculations
    • Ensure that the stock report is accurate and that average costs are correctly calculated
    • Annual stock take involvement with auditors
    • Perpetual inventory count reconciliation and audit
    • Review weekly shipping schedules
    • Oversee and check environmental returns for packaging, batteries
  • FX
    • Deal with and prepare foreign currency TT payments
    • Raise and check letters of credit as required
    • Foreign supplier templates set up and approve payments
  • IT
    • Maintain IT systems and ensure minimal downtime
    • Recommend improved work practices, systems enhancements and developments (through internal systems & Excel reporting)
  • Tax
    • Payment of quarterly corporation tax
    • Preparation of tax schedules
    • Year end tax return reviews
  • Property Investment
    • Authorisation of payments and arrange cash transfers when requested
    • Monthly cash call review and payment
    • Update loan accounts and interest calculations
    • Updating and maintaining spreadsheets (including cash books, payments, proceeds from sale of properties etc.)
    • Year End schedules
  • Year End and Audit
    • Liaise with Auditors and provide requested information
    • Payment of quarterly corporation tax
  • Other responsibilities:
    • Ensure company confidentiality at all times
    • Maintain good housekeeping in the finance department
    • Assist Finance Team as and when required to ensure that all sections are efficient
    • To provide information to the owner/chairman as and when required
    • Other Ad hoc duties as they arise

    Person Specification:

    • ACCA/ACA/CIMA
    • A thorough practical understanding of accounting principles and techniques
    • A high degree of communication skill
    • A good work ethic with strong drive to meet targets

    Financial Controller employer: KennedyPearce Consulting

    As a Financial Controller at our company, you will thrive in a dynamic and supportive work environment that values your expertise and encourages professional growth. We offer competitive benefits, a collaborative culture, and opportunities for continuous development, all set in a vibrant location that fosters innovation and teamwork. Join us to make a meaningful impact while enjoying a fulfilling career with a company that prioritises its employees' well-being and success.
    K

    Contact Detail:

    KennedyPearce Consulting Recruiting Team

    StudySmarter Expert Advice 🤫

    We think this is how you could land Financial Controller

    ✨Tip Number 1

    Network with professionals in the finance industry, especially those who have experience as Financial Controllers. Attend industry events or join relevant online forums to connect with potential colleagues and learn about their experiences.

    ✨Tip Number 2

    Familiarise yourself with the latest financial software and tools that are commonly used in financial control. Being proficient in these systems can set you apart from other candidates and demonstrate your commitment to efficiency.

    ✨Tip Number 3

    Prepare for interviews by researching common challenges faced by Financial Controllers and think of how you would address them. This shows your proactive approach and understanding of the role's responsibilities.

    ✨Tip Number 4

    Stay updated on current financial regulations and best practices. Being knowledgeable about changes in tax laws or accounting standards can impress interviewers and show that you are serious about your professional development.

    We think you need these skills to ace Financial Controller

    ACCA/ACA/CIMA qualification
    Financial Reporting
    Management Accounting
    Ledger Management
    Cashflow Management
    Payroll Processing
    VAT Returns Preparation
    Audit Preparation
    Tax Compliance
    Foreign Currency Transactions
    Stock Management
    Data Analysis
    Communication Skills
    Attention to Detail
    Problem-Solving Skills
    IT Systems Management
    Process Improvement
    Team Leadership
    Time Management

    Some tips for your application 🫡

    Tailor Your CV: Make sure your CV highlights relevant experience and qualifications that align with the Financial Controller role. Emphasise your professional qualifications (ACCA/ACA/CIMA) and any specific achievements in financial management.

    Craft a Compelling Cover Letter: Write a cover letter that showcases your enthusiasm for the position and the company. Discuss your proactive approach to financial management and how you can contribute to improving efficiencies within the finance department.

    Highlight Relevant Skills: In your application, focus on key skills such as your understanding of accounting principles, communication skills, and ability to meet deadlines. Provide examples of how you've successfully managed ledgers, prepared financial statements, or improved processes in previous roles.

    Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for a Financial Controller.

    How to prepare for a job interview at KennedyPearce Consulting

    ✨Showcase Your Qualifications

    Make sure to highlight your professional qualifications, such as ACCA, ACA, or CIMA, during the interview. Discuss how your education has equipped you with a thorough understanding of accounting principles and techniques relevant to the role.

    ✨Demonstrate Proactivity

    Be prepared to share examples of how you've proactively identified financial issues in previous roles. This could include instances where you recommended improvements or efficiencies within the finance department, showcasing your ability to think critically and act decisively.

    ✨Emphasise Teamwork

    As a Financial Controller, being a team player is crucial. Talk about your experience working collaboratively with others, especially in managing payroll or liaising with auditors. Highlight how you contribute to a positive team environment and support your colleagues.

    ✨Prepare for Technical Questions

    Expect technical questions related to financial management, such as ledger management, VAT returns, and cash flow maintenance. Brush up on these topics and be ready to discuss your hands-on experience with them, demonstrating your expertise and confidence.

    Financial Controller
    KennedyPearce Consulting
    K
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