At a Glance
- Tasks: Lead financial reporting, manage a team, and improve financial systems.
- Company: Join a successful company in Sunderland with a strong reputation.
- Benefits: Enjoy competitive salary, private healthcare, 25 days leave, and professional development support.
- Why this job: Be part of impactful projects and enhance your financial expertise in a collaborative environment.
- Qualifications: ACCA/CIMA/ACA qualified with strong Excel skills and knowledge of accounting packages.
- Other info: Experience in the construction industry VAT is a plus.
The predicted salary is between 43200 - 72000 £ per year.
Rewards and Benefits on Offer
- Competitive salary and benefits package including private healthcare and health cash plan policy
- 25 days annual leave + Bank Holidays
- Company pension scheme
- Sponsorship towards professional development and training opportunities
- Great resources.
The Company you will be working for:
Our client is an established and successful company based in Sunderland. They are currently looking for a Financial Controller to join their team. If you are interested and meet the person specification of the job role, please apply below.
The Job You’ll be Doing:
- To analyse and report on key financial data within the organisation ensuring that Directors and Managers receive timely, accurate and relevant information.
- Working under the directive of the director you will be responsible for 3 staff members.
- To produce timely and reliable management information reports monthly. This will involve the preparation of the monthly MI for presentation to the Finance Director.
- To develop and improve financial reporting to ensure that accounts are effectively produced and managed.
- Take a lead role in the implementation of new systems and practices.
- Working closely with Directors and relevant departments on major projects to ensure timely and accurate financial reporting, budget and variance analysis.
- Oversee the timely and accurate preparation of applications on specific contract terms and ensure accurate accounting treatment.
- Review accounts receivable, aging reports and assist with direct reports for collections.
- To ensure the AP, AR and banking functions are managed effectively and that all processing is up to date and key measures and controls are in place and adhered to.
- To prepare annual budgets for review with department managers.
- To review stock and work in progress and ensure they are accurately reflected in the accounts.
- To prepare weekly/monthly cash flow planner and forecasts.
- To manage the commercial finance(ID) facility.
- Assist with any ad hoc projects and information requests by staff.
- Hold monthly meetings with staff to discuss the performance of the department and relevant KPIs.
About You:
- ACCA/CIMA/ACA qualified.
- Effective communication and interpersonal skills and a good team player.
- Good knowledge of budgeting and forecasting issues and techniques.
- Strong knowledge of accounting packages.
- Strong knowledge of Microsoft Office in particular Excel.
- Right to work in the UK.
- Degree qualified or AAT Qualified.
- ERP system experience.
- Knowledge of construction industry VAT and HMRC schemes.
Financial Controller employer: MTrec Ltd Commercial
Contact Detail:
MTrec Ltd Commercial Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Financial Controller
✨Tip Number 1
Familiarise yourself with the specific financial reporting requirements and regulations relevant to the construction industry. This knowledge will not only help you stand out but also demonstrate your commitment to understanding the sector.
✨Tip Number 2
Network with professionals in the finance and construction sectors. Attend industry events or join relevant online forums to connect with potential colleagues or mentors who can provide insights into the role and company culture.
✨Tip Number 3
Brush up on your Excel skills, particularly in areas like financial modelling and data analysis. Being proficient in these areas will be crucial for producing management information reports and cash flow forecasts.
✨Tip Number 4
Prepare to discuss your experience with ERP systems during the interview. Be ready to share specific examples of how you've used these systems to improve financial processes or reporting in previous roles.
We think you need these skills to ace Financial Controller
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your ACCA/CIMA/ACA qualifications and relevant experience in financial control. Emphasise your skills in budgeting, forecasting, and using accounting packages, particularly if you have experience with ERP systems.
Craft a Strong Cover Letter: In your cover letter, explain why you're the perfect fit for the Financial Controller role. Mention your effective communication skills and your ability to work as part of a team, as these are key attributes for the position.
Showcase Relevant Experience: When detailing your previous roles, focus on your experience with financial reporting, managing accounts receivable and payable, and preparing budgets. Use specific examples to demonstrate your impact in these areas.
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 MTrec Ltd Commercial
✨Showcase Your Qualifications
Make sure to highlight your ACCA/CIMA/ACA qualifications during the interview. Be prepared to discuss how your education and certifications have equipped you with the skills necessary for the Financial Controller role.
✨Demonstrate Financial Acumen
Prepare to discuss your experience with budgeting, forecasting, and financial reporting. Bring examples of how you've successfully managed these areas in previous roles, as this will show your potential employer that you can handle the responsibilities of the position.
✨Familiarise Yourself with Relevant Software
Since strong knowledge of accounting packages and Microsoft Excel is crucial, brush up on these tools before the interview. Be ready to discuss specific software you've used and how it has helped you in your financial management tasks.
✨Prepare for Team Management Questions
As you'll be responsible for managing a small team, think about your leadership style and how you motivate and support your team members. Prepare examples of how you've successfully led teams in the past, focusing on communication and performance management.