At a Glance
- Tasks: Lead financial operations, ensuring compliance and managing the accounting team.
- Company: Join a dynamic company in Royal Leamington Spa focused on growth and innovation.
- Benefits: Enjoy a competitive salary, career development opportunities, and a supportive work environment.
- Why this job: Be part of a senior leadership team, influencing financial strategies and driving success.
- Qualifications: CIMA/ACA/ACCA qualification or finalist with relevant experience, especially in manufacturing.
- Other info: Ideal for those with strong analytical skills and a passion for financial management.
The predicted salary is between 55000 - 65000 £ per year.
Job Description
Job Title: Financial ControllerLocation: Royal Leamington SpaRemuneration: £65,000 – £75,000 per annumContract Details: Permanent, Full Time
What Will Your Role Look Like?As a Financial Controller, you will oversee the day-to-day operations of the financial function, ensuring the business remains compliant and competitive. Your responsibilities will include:
Accounting Duties:
- Oversee the entire accounting function
- Ensure compliance with statutory obligations, including accounting and tax issues
- Plan and set-up payments
- Execute month-end balance sheet reconciliations
- Prepare Monthly Management Accounts and board reports
- Liaise with external accountants for Year-End Accounts
- Supervise and develop the Accounts team
- Prepare annual R&D Tax claims
Financial Management:
- Develop and implement effective credit control strategies
- Manage cash flow to ensure adequate working capital
- Oversee grants and funding management
- Conduct budgeting and forecasting to align with 1-5 year goals
- Represent Finance & Company Systems on the Senior Leadership Team
- Collaborate with senior managers on budget setting and financial goals
- Provide insights on the organisation's financial performance
- Identify cost reduction and revenue-generating opportunities
- Ensure adherence to Financial Policies and Procedures
- recognise financial risks and propose mitigation strategies
What Do You Need to Be Successful?To excel in this role, you should possess:
- CIMA/ACA/ACCA qualification or be a finalist with strong relevant experience
- Relevant experience in the manufacturing sector is highly beneficial
- Experience with dealing with OEM's would be highly desirable
- High level of IT literacy and strong analytical skills
- A process-driven mindset and critical thinking abilities
Financial Controller employer: LHH Recruitment Solutions
Contact Detail:
LHH Recruitment Solutions Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Financial Controller
✨Tip Number 1
Network with professionals in the manufacturing sector, especially those who have experience with OEMs. Attend industry events or join relevant online forums to connect with potential colleagues and learn more about the specific challenges they face.
✨Tip Number 2
Familiarise yourself with the latest financial regulations and compliance requirements that affect the manufacturing industry. This knowledge will not only help you in interviews but also demonstrate your commitment to staying updated in your field.
✨Tip Number 3
Prepare to discuss your experience with budgeting and forecasting in detail. Be ready to share specific examples of how you've successfully managed cash flow and implemented credit control strategies in previous roles.
✨Tip Number 4
Showcase your analytical skills by being prepared to discuss how you've identified financial risks and proposed mitigation strategies in past positions. This will highlight your critical thinking abilities and process-driven mindset, which are essential for the role.
We think you need these skills to ace Financial Controller
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your relevant experience in financial management and accounting. Emphasise your qualifications, such as CIMA/ACA/ACCA, and any specific achievements in the manufacturing sector.
Craft a Compelling Cover Letter: Write a cover letter that directly addresses the responsibilities listed in the job description. Explain how your skills and experiences align with the role of Financial Controller and demonstrate your understanding of the company's needs.
Showcase Your Analytical Skills: In your application, provide examples of how you've used your analytical skills to improve financial processes or outcomes. Mention any specific tools or software you are proficient in that relate to financial management.
Highlight Leadership Experience: Since the role involves supervising and developing an accounts team, be sure to include any leadership or team management experience you have. Discuss how you've successfully led teams or projects in the past.
How to prepare for a job interview at LHH Recruitment Solutions
✨Showcase Your Qualifications
Make sure to highlight your CIMA/ACA/ACCA qualifications or your status as a finalist. Be prepared to discuss how your educational background has equipped you with the skills necessary for the Financial Controller role.
✨Demonstrate Industry Knowledge
Since relevant experience in the manufacturing sector is highly beneficial, come prepared with examples of your past work in this area. Discuss any specific challenges you've faced and how you overcame them.
✨Prepare for Technical Questions
Expect questions that assess your financial management skills, such as budgeting, forecasting, and cash flow management. Brush up on these topics and be ready to provide detailed answers or examples from your previous roles.
✨Exhibit Leadership and Team Development Skills
As a Financial Controller, you'll be supervising an accounts team. Be ready to discuss your leadership style and how you've successfully developed team members in the past. Share specific instances where your guidance led to improved performance.