At a Glance
- Tasks: Lead financial operations, manage budgets, and oversee payroll while driving efficiency.
- Company: Join a dynamic and ambitious business focused on growth and innovation.
- Benefits: Enjoy competitive pay, opportunities for professional development, and a collaborative work environment.
- Why this job: Be part of a senior team, influence key decisions, and make a real impact on the business.
- Qualifications: Experience in finance or accounting is essential; strong analytical skills are a must.
- Other info: This role is based onsite in Halesworth with occasional travel to London.
The predicted salary is between 43200 - 72000 £ per year.
MacKenzie King are recruiting an operational Financial Controller to join an ambitious business. You will be working closely with the General Manager and take ownership of implementing best practices. Having a visual understanding of the way the business operates is important so that you are able to add value to discussions around improving the service and efficiency within the business. This is a varied position and will take place onsite in Halesworth, with the exception of meetings in London or business-related trips.
Key tasks and responsibilities:
- Annual budget preparation and presentation according to agreements upon timeline.
- Monthly P&L creation by agreed upon date, with feedback file and KPI presentation for owners and managers, analysing performance against targets.
- Quarterly reforecasting of revenue / cost.
- Yield and pricing strategy in combination with senior team.
- Oversight of payroll management with HR team including payroll strategy and management of payroll file including benefits, pensions, taxes, vacation accruals etc.
- Maintenance of other financial statements - balance sheets and cash flow statements.
- Ensure compliance with accounting standards and company SOPs (Also creating some of these initially).
- Establishment and monitoring of internal financial controls to limit loss and increase efficiency / competence of team.
- Risk management and oversight of all potential risks to business, caused by internal and external market factors.
- Establishment of delegation of authority with GM and ownership for all financial functions - purchasing, contracting, CAPEX etc.
- Manage and prepare for yearly external audit as well as implementing internal audit processes.
- Managing and maintenance of financial software or applications.
- Manage bank account and relationship with financial institutions.
- Ongoing data analysis - constantly looking at different perspectives and statistics to illustrate points for improvement and financially model based on findings or observations.
- Take an active role in the senior executive team through meetings / workshops and understand the weekly business and pinch points.
- Manage and develop finance team members, ensuring their skills are up to date and they are supported in their roles.
- Report on cost of sales, work with purchasing teams to ensure best pricing is being sought and better group purchasing practice.
- Share financial information and targets with HODs and team leaders so that they can better understand and manage cost within each department.
- The responsibility for, and management and oversight of: All AR / AP & Treasury activities on a day-to-day basis.
- The full reconciliation of all sales activity to guest invoicing & payment.
Financial Controller employer: MacKenzie King - Accountancy & Finance Recruitment
Contact Detail:
MacKenzie King - Accountancy & Finance Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Financial Controller
✨Tip Number 1
Familiarise yourself with the specific financial software and applications mentioned in the job description. Being well-versed in these tools will not only boost your confidence but also demonstrate your readiness to hit the ground running.
✨Tip Number 2
Research the company’s current financial practices and any recent changes in their operations. This knowledge will allow you to engage in meaningful discussions during interviews, showcasing your proactive approach and understanding of their business.
✨Tip Number 3
Prepare to discuss your experience with budget preparation and financial forecasting. Be ready to share specific examples of how you've successfully managed these processes in previous roles, as this will highlight your suitability for the position.
✨Tip Number 4
Network with professionals in the finance sector, especially those who have experience in operational roles. They can provide insights into the challenges faced in similar positions and may even offer referrals or recommendations that could help you land the job.
We think you need these skills to ace Financial Controller
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in financial management, budgeting, and compliance. Use specific examples that demonstrate your ability to implement best practices and improve efficiency.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your skills align with the responsibilities listed in the job description, particularly your experience with P&L creation and financial analysis.
Showcase Your Analytical Skills: Provide examples of how you've used data analysis to drive business improvements in previous roles. Highlight any experience you have with financial software or applications, as this is crucial for the position.
Prepare for Potential Questions: Think about how you would respond to questions regarding risk management, internal controls, and team development. Be ready to discuss your approach to managing financial functions and supporting your team.
How to prepare for a job interview at MacKenzie King - Accountancy & Finance Recruitment
✨Understand the Business Model
Before your interview, take some time to research the company's business model and how it operates. This will help you demonstrate your understanding of their financial processes and how you can add value to discussions about improving efficiency.
✨Prepare for Technical Questions
As a Financial Controller, you'll likely face technical questions related to budgeting, forecasting, and compliance. Brush up on these topics and be ready to discuss your previous experiences in detail, showcasing your expertise in financial management.
✨Showcase Leadership Skills
This role involves managing a finance team, so be prepared to discuss your leadership style and how you've developed team members in the past. Share specific examples of how you've supported your team and improved their skills.
✨Discuss Risk Management Strategies
Given the importance of risk management in this role, think about how you would approach identifying and mitigating risks. Be ready to share your thoughts on potential internal and external risks and how you would address them effectively.