At a Glance
- Tasks: Lead the finance function, manage financial operations, and ensure compliance.
- Company: Join a dynamic company focused on accelerated growth in the banking sector.
- Benefits: Enjoy 33 days annual leave, birthday off, and a cycle to work scheme.
- Why this job: Be a key player in shaping financial strategies and driving business success.
- Qualifications: Qualified accountant with SME experience, ideally in manufacturing or technology.
- Other info: Flexible hours, remote work options, and opportunities for professional development.
The predicted salary is between 43200 - 72000 £ per year.
The Financial Controller role will have responsibility for the senior leadership and management of the finance function of the business. The role will be instrumental in performing effective risk management and planning the organisation's financial strategies to support and develop the business through a phase of accelerated growth.
The role will be a key business partner to the senior leadership team and has management responsibility for the end-to-end finance function including: financial operations, financial compliance, and financial planning, analysis and reporting.
Accounting & ReportingOversight of the finance operations area, ensuring accuracy of the general ledger, timely month end close processes, balance sheet reconciliations, completeness of quote-to-cash and procure-to-pay processes, group consolidation. Delivery and interpretation of monthly management accounts and financial performance reports to key internal and external stakeholders (e.g. actual vs budget vs prior year together with investigation and commentary into variances). Production of financial reports for board, lenders and shareholders. Review and submission of grant claims & R&D reporting activities (inc. Manage the Group transfer pricing policy supporting the Sales & Operations team with pricing and compliance updates. Work alongside the Sales & Operations team to develop and maintain a standard sales price book along with a costing model to understand project specific margins.
Treasury & Cash ManagementEnsure robust controls and processes around group cash balances including mitigating against fraud through dual authorization, tiered authority levels, bank mandate review. Ensure adherence to the Group credit insurance policy to mitigate risk of credit losses. Lead on the annual financial budget process. Support with the roll-out of regular forecasting, including departmental ownership of budgets, and cost tracking through collaborative budget and forecasting processes and production of departmental performance reports. To assist in ad-hoc reporting as required by Financial Controller or CFO.
Financial Systems & TechnologyStay informed of advancements in financial technologies and trends to continuously enhance finance functions. Ensure the finance and purchasing email inboxes are being managed and responded to in a timely manner. Management of the Finance led Teams Channels and SharePoint / OneDrive areas within the business. Ensure that the Group’s financial systems are robust, compliant and support current activities and future growth. Includes ensuring appropriate rental asset tracking and monitoring of inventory levels. Work in close collaboration with Group Reporting Accountant to define best practice financial processes, controls and systems, ensuring accuracy and timeliness of financial reporting. Develop, control and maintain a set of global financial and accounting policies that can be embedded effectively across the global business. Prepare and manage the company’s statutory audit process and financial statements preparation. Ensuring regulatory requirements for all statutory bodies are met, including preparation of relevant regulatory and tax returns and R&D claims. Keep up-to-date with latest accounting standards and technical knowledge to ensure adoption of best practice financial statements, including accounting policies and transfer pricing policies.
Contribute to cross-functional projects aimed at improving overall supply chain performance. Lead, mentor and develop your direct reports ensuring a development plan is in place and conducting regular performance reviews to support their growth.
A qualified accountant (ICAS/ACA/ACCA/CIMA) with SME experience in a similar role – ideally in manufacturing and/or technology sectors. Advanced experience of Microsoft Office, particularly Excel. Microsoft Business Central knowledge desirable but not essential.
33 days annual leave (including public holidays) ~ Birthday day off ~ Employee Assistance Programme ~ Employee Share Option Scheme ~ Enhanced parental leave policies ~ Paid bereavement leave ~ Paid sick leave ~ Company pension scheme ~ Cycle to Work scheme
Contact Detail:
People Source Consulting trading as Experis Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance Controller - Banking
✨Tip Number 1
Familiarise yourself with the latest financial technologies and trends. This knowledge will not only help you in interviews but also demonstrate your commitment to enhancing finance functions, which is crucial for the Financial Controller role.
✨Tip Number 2
Network with professionals in the finance sector, especially those who have experience in banking or technology. Engaging with industry peers can provide insights into the role and may even lead to referrals.
✨Tip Number 3
Prepare to discuss your experience with financial compliance and risk management. Be ready to share specific examples of how you've successfully navigated these areas in previous roles, as they are key responsibilities in this position.
✨Tip Number 4
Showcase your leadership skills by highlighting any experience you have in mentoring or developing team members. The role requires managing a finance function, so demonstrating your ability to lead effectively will set you apart.
We think you need these skills to ace Finance Controller - Banking
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in finance management, risk assessment, and financial reporting. Use specific examples from previous roles that demonstrate your ability to manage financial operations and compliance.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your qualifications align with the responsibilities outlined in the job description, particularly your experience with financial planning and analysis.
Highlight Relevant Qualifications: Clearly state your accounting qualifications (ICAS/ACA/ACCA/CIMA) and any relevant SME experience. Mention any advanced skills in Microsoft Office, especially Excel, as well as familiarity with financial systems like Microsoft Business Central.
Showcase Leadership Skills: Since the role involves leading and mentoring a team, include examples of your leadership experience. Discuss how you have developed direct reports and contributed to their professional growth in previous positions.
How to prepare for a job interview at People Source Consulting trading as Experis
✨Know Your Numbers
As a Financial Controller, you'll need to demonstrate your expertise in financial operations and reporting. Brush up on key financial metrics and be prepared to discuss how you've managed budgets, forecasts, and financial performance reports in previous roles.
✨Showcase Your Leadership Skills
This role involves managing a team and collaborating with senior leadership. Be ready to share examples of how you've led teams, mentored staff, and contributed to cross-functional projects. Highlight your ability to communicate effectively with both finance and non-finance stakeholders.
✨Understand Risk Management
Risk management is crucial in this position. Familiarise yourself with the company's risk management strategies and be prepared to discuss how you've implemented similar processes in past roles. Show that you can identify potential risks and propose effective mitigation strategies.
✨Stay Updated on Financial Technologies
The role requires knowledge of advancements in financial technologies. Research current trends and tools that enhance finance functions. Be ready to discuss how you've leveraged technology in your previous positions to improve efficiency and accuracy in financial reporting.