At a Glance
- Tasks: Ensure balance sheet accuracy and compliance while collaborating with finance and commercial teams.
- Company: Join the world's largest ice cream company, creating joy with iconic brands.
- Benefits: Competitive salary, flexible working, and generous benefits for your growth.
- Other info: Embrace continuous learning and thrive in an inclusive environment.
- Why this job: Make a real impact in a high-performance, collaborative culture focused on innovation.
- Qualifications: Experience in financial controlling or audit; qualified accountant preferred.
The predicted salary is between 42000 - 53000 £ per year.
Life tastes better with ice cream. With 19,000 expert ice cream colleagues and iconic brands like Wall’s, Cornetto and Ben & Jerry’s, loved in 76 countries, we are the world’s largest Ice Cream company leading the industry. We create iconic ice cream brands that are part of everyday life, bringing moments of joy to millions of people around the world. Everybody loves ice cream. And as the world’s biggest pure-play ice cream company, we have the scale and ambition to make a real difference.
What truly sets us apart is how we work. We move fast and keep things simple. We turn ideas into action, trust people to take ownership, and work as one team to win together with integrity. Our culture is high-performance, collaborative and focused on getting things done. We’re curious and ready for what’s next. We embrace digital, use data to make better decisions, and keep learning, including how AI can help us work smarter and serve consumers better.
The role: The Balance Sheet Controller is responsible for ensuring the integrity, accuracy, and governance of balance sheet accounts across the Retail and Out of Home (OOH) categories. The role provides financial control and oversight over pricing, rebates, claims, and working capital balances, ensuring compliance with company policies and the Magnum Financial Control Framework. The role acts as a key link between Finance, Commercial, and Operational teams, driving robust controls, timely issue resolution, and continuous process improvement while supporting a strong audit and compliance environment.
What will you be responsible for:
- Balance Sheet Governance & Controls
- Review price changes and rebate promotions, ensuring appropriate audit evidence is obtained, retained, and compliant with company policy.
- Validate rebate setups, including Joint Business Plans (JBPs), stock holding assumptions, and other commercial agreements to ensure accurate financial accounting.
- Perform monthly reviews of balance sheet releases, ensuring supporting documentation and evidence are complete, accurate, and appropriately approved.
- Conduct quarterly aged balance reviews, driving timely resolution of outstanding items and ensuring full compliance with internal control requirements.
- Ensure all balance sheet reconciliations are completed accurately and on time, with risks and issues identified and escalated appropriately.
- Claims Management & Operational Excellence
- Stabilise operations within the new case management tools for claims handling.
- Ensure claims cases are appropriately reviewed, investigated, approved, and signed off on a timely basis.
- Monitor claims volumes, ageing, and resolution performance, driving process improvements where required.
- Ensure robust controls and audit trails are maintained throughout the claims process.
- Financial Controls & Compliance
- Ensure the Magnum Financial Control Framework is fully embedded across the team and operating effectively.
- Coach and support the wider team on the documentation and evidence required to demonstrate control compliance.
- Maintain high standards of control execution, documentation, and audit readiness.
- Support internal and external audits by providing clear and complete supporting evidence for key controls.
- Pricing & Commercial Governance
- Ensure price files and discount structures are accurately maintained following the transition to the new TTS structure.
- Validate pricing and discount changes to ensure appropriate approvals, system accuracy, and financial reporting integrity.
- Partner with Commercial and Revenue Growth Management teams to ensure pricing governance and minimise financial risk.
- Monitor rebate, promotion, and pricing-related balance sheet exposures and drive timely resolution of discrepancies.
- Stakeholder Management
- Build strong relationships with Finance, Commercial, Customer Operations, and Shared Service teams.
- Provide clear reporting and insight on key balance sheet risks, aged balances, claims performance, and control effectiveness.
- Support continuous improvement initiatives to enhance efficiency, controls, and compliance across Retail and Out of Home operations.
Key Metrics / KPIs:
- Accurate and timely balance sheet reconciliations and reviews.
- Effective management of aged balances and claims resolution.
- Strong compliance with the Magnum Financial Control Framework.
- Robust audit evidence and documentation supporting all key controls.
- Successful embedding and stabilisation of new claims management tools and processes.
- Accurate maintenance and governance of price files, discounts, and rebate programmes.
- Positive audit outcomes with minimal control deficiencies.
- Strong partnership with Retail and Out of Home commercial teams.
What you need to succeed:
- 6-8 years expertise across BTC processes: pricing, claims, rebates, credit, billing.
- Proficiency in SAP and TPM/ANAPLAN systems; experience with ERP transformations preferred.
- Demonstrated team leadership or coaching experience.
- Strong analytical and problem-solving capability.
- Effective stakeholder and customer engagement skills.
- FMCG experience preferred.
Qualifications:
- Qualified accountant (ACA, ACCA, CIMA or equivalent) preferred.
- Part-qualified candidates with relevant financial controlling or audit experience will also be considered.
- Bachelor’s degree in accounting, Finance, Business or a related discipline desirable.
Why join us? This is a place for people who are passionate about ice cream and are growth obsessed - both for the business and for themselves. People who act like an owner and drive our business end-to-end. People who are driven by success to deliver more than we ever thought we could! You’ll thrive here if you value an inclusive culture, with low ego and hierarchy - and if you’re excited to continuously learn and challenge how we work, using digital, data, and new thinking to push us forward.
- Roles with real accountability and visible impact.
- Free to move fast, experiment and challenge how things are done.
- Continuous learning and development as the business grows.
- Reward linked to performance and contribution.
Your career here is shaped by what you deliver, as you work across functions and markets and grow with the business. Ready to build the future of Ice Cream? If this sounds like the place where you'd thrive, we'd love to hear from you. Apply online and share your CV. We'll review your application and be in touch with the next steps.
If you are an individual with a disability and require assistance at any time during our recruitment process, please let your Talent Acquisition Partner know.
The Magnum Ice Cream Company is an Equal Opportunity Employer. We embrace diversity and are committed to creating an inclusive environment where everyone can do their best work regardless of age, disability, gender identity, race, religion, sexual orientation, or any other protected characteristic.
Junior Balance Sheet Controller employer: Magnum ICC UK
As the world's largest ice cream company, we offer a vibrant and inclusive work culture that values collaboration, innovation, and personal growth. Our employees enjoy a dynamic environment where they can take ownership of their roles, drive impactful initiatives, and continuously develop their skills. With a focus on performance and accountability, we provide opportunities for career advancement while celebrating the joy of ice cream in everyday life.
StudySmarter Expert Advice🤫
We think this is how you could land Junior Balance Sheet Controller
✨Tap into Campus Networks
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We think you need these skills to ace Junior Balance Sheet Controller
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Magnum ICC UK.
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How to prepare for a job interview at Magnum ICC UK
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Magnum ICC UK.
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