At a Glance
- Tasks: Lead financial reporting, manage a team, and drive strategic decision-making.
- Company: OSI Electronics, a leading UK electronics manufacturer with a focus on quality and innovation.
- Benefits: Competitive salary, career development opportunities, and a supportive work environment.
- Other info: Opportunity for growth in a collaborative and innovative company culture.
- Why this job: Join a dynamic team and make a real impact in the finance sector of electronics manufacturing.
- Qualifications: Qualified accountant with experience in finance roles and team leadership.
The predicted salary is between 49500 - 60500 £ per year.
Overview
OSI Electronics, UK is based in St Neots, Cambridgeshire.
From design, prototype, and PCB assembly to volume box builds, we make electronic products for UK and overseas markets.
Being electronics specialists, providing the highest quality, reliability, on-time deliveries, and customer support in UK electronics manufacturing.
We focus on end-to-end electronic device manufacturing, customisable to meet the individual requirements of UK and International companies and Original Equipment Manufacturers.
We are seeking a Finance Manager who will be responsible for leading a team of two and the integrity of financial reporting, maintenance of robust financial controls, running the month-end and year-end close processes, and delivery of timely financial insight to support business performance and strategic decision-making.
The role oversees day-to-day finance operations, supports continuous improvement initiatives, and acts as a key business partner to senior leaders across the organisation.
Responsibilities
- Financial Reporting & Control
- Lead monthly, quarterly and annual financial close activities.
- Ensure accurate and timely preparation of management accounts and financial reports.
- Maintain full ownership of balance sheet integrity, including review and approval of reconciliations.
- Review and approve journals, accruals, provisions and prepayments.
- Investigate and resolve accounting issues and reporting variances.
- Management Accounting & Business Support
- Prepare monthly performance reporting and financial analysis.
- Analyse revenue, gross margin, operating expenses, inventory and working capital.
- Provide commentary on actual versus budget and forecast performance.
- Prepare board and leadership reporting packs.
- Partner with operational leaders to improve financial performance.
- Identify risks, opportunities and cost-saving initiatives.
- Monitor inventory performance and working capital metrics.
- Budgeting & Forecasting
- Lead annual budget preparation and consolidation for UK company.
- Coordinate monthly and quarterly forecasting cycles.
- Challenge assumptions and ensure forecast robustness.
- Monitor cash flow performance and cash forecasting whilst looking for improvements.
- Compliance, Audit & Governance
- Maintain a strong internal control environment.
- Ensure compliance with delegated authority policies and company procedures.
- Coordinate internal and external audits, handle requests and remediation actions as needed.
- Financial Systems & Process Improvement
- Own core finance processes within D365 Finance & Operations.
- Maintain and improve month-end procedures and finance process documentation.
- Drive automation, standardisation and efficiency improvements.
- Support implementation of systems, controls and reporting enhancements.
- Team Leadership & Development.
- Provide leadership and direction to finance team members.
- Conduct performance reviews and objective setting.
- Promote a culture of accountability and continuous improvement.
- Oversee and review Payroll, VAT and National Statistic reporting and compliance.
- Additional Responsibilities
- Deputise for the UK Financial Director in his absence.
- Oversee and review Payroll, VAT and National Statistic reporting and compliance.
- Corporation Tax return preparation and payments on account.
- Cover Management Account and Assistant Accountant in their absence.
- Uphold the company’s core values of Integrity, Innovation, Accountability, and Teamwork.
- Demonstrate behavior consistent with the company’s Code of Ethics and Conduct.
Ensure that direct report(s) are trained and evaluated on their knowledge and adherence to the company’s values, Code of Ethics and Conduct, and applicable compliance policies.
It is the responsibility of every employee to report to their manager or a member of senior management any quality problems or defects in order for corrective action to be implemented and to avoid recurrence of the problem.
Perform other duties as required to meet the needs of the business.
Qualifications
- Qualified accountant with either CIMA, ACCA or ACA is essential.
- Must have proven experience in finance related roles – e. g. financial planning and analysis, business analysis, financial modelling or forecasting.
- Bachelor's degree in Accounting, Finance, or a related field desired.
- Proven experience of 2+ years managing/leading finance teams is essential.
- Proven experience with audit, legal compliance, and budget development is essential.
- Success seeing beyond the numbers, identifying trends and working with operations. Essential.
- Strong Excel and IT skills are essential.
- Strong understanding of ERP systems and operations is essential.
- Experience in ERP implementation is desirable.
- Experience using a financial consolidation package, ideally Oracle FCC, is desirable.
- Effective communication skills, verbal and written is essential.
- Experience working for a USA multinational is desired.
- NOTICE TO THIRD PARTY AGENCIES
OSI Systems, Inc. and its subsidiaries (collectively “OSI”) does not accept unsolicited resumes from recruiters or employment agencies.
If any person or entity, including a recruiter or agency, submits any information, including any resume or information regarding any potential candidate, without a signed agreement in place with OSI, OSI explicitly reserves the right to use such information, and pursue and/or hire such candidates, without any financial obligation to the person, recruiter or agency.
Any unsolicited information or resumes, including those submitted directly to hiring managers, are considered and deemed to be the property of OSI.
OSI Systems, Inc. has three operating divisions: (a) Security, providing security and inspection systems, turnkey security screening solutions and related services; (b) Healthcare, providing patient monitoring, diagnostic cardiology and anesthesia systems; and (c) Optoelectronics and Manufacturing, providing specialized electronic components and electronic manufacturing services for original equipment manufacturers with applications in the defense, aerospace, medical and industrial markets, among others.
Finance Manager employer: OSI Systems
Rapiscan Systems is an exceptional employer, offering a dynamic work environment that prioritises innovation and compliance in the field of detection technology. With a strong commitment to employee development, we provide opportunities for growth through training and collaboration with global teams, all while enjoying the flexibility of remote work and occasional travel to our Stoke-on-Trent and Redhill offices. Join us to be part of a mission-driven company that values your contributions and fosters a culture of integrity and excellence.
StudySmarter Expert Advice🤫
We think this is how you could land Finance Manager
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like OSI Systems. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Finance Manager
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 OSI Systems.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on OSI Systems's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at OSI Systems
✨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 OSI Systems.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at OSI Systems will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former OSI Systems employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
