At a Glance
- Tasks: Oversee financial affairs and provide strategic guidance for sustainable growth.
- Company: Join HCI Systems, a leader in high-quality electrical wiring solutions.
- Benefits: Competitive salary, inclusive workplace, and opportunities for professional development.
- Other info: Be part of a diverse team committed to excellence and innovation.
- Why this job: Make a real impact on financial strategy in a dynamic industry.
- Qualifications: Degree level education with ACCA or CIMA qualification preferred.
The predicted salary is between 60000 - 80000 £ per year.
HCI Systems, established in 2012 and now part of the Prodrive group, is one of the leading providers of high-quality electrical wiring solutions. Supporting customers in various sectors from Marine, Defence, AgriTech to a core business around Motorsport & Automotive, supplying multiple high level racing series and high specification automotive style projects. Based in Newport, Shropshire, HCI Systems Limited have grown rapidly in recent years to become leaders in vehicle electrical systems and wiring harnesses. The company has an enviable reputation based on high quality wiring harness design and manufacture for low voltage and electric vehicles as well as providing complimentary technologies such as power management systems, switch panels and bespoke electronics systems working to customer specifications.
We are seeking a finance professional to oversee the company's financial affairs and provide strategic financial guidance to support sustainable growth. Reporting to the CEO, the role will work closely with the senior leadership team to ensure financial integrity and align financial strategy with the company's long-term growth objectives.
Main Duties and Responsibilities- Maintain financial records ensuring the accuracy and reliability of underlying financial information
- Prepare monthly management accounts along with an annual budget and periodic forecasts
- Prepare and run monthly payroll
- Monitor actual performance vs forecast information to identify variances and provide explanations and actions to key decision makers across the company and group function
- Responsible for the weekly cash flow and managing the company cash position
- Develop and maintain a framework of financial controls including credit control and controls over company assets
- Prepare and file quarterly VAT return to HMRC
- Produce and transact monthly payroll along with P11D reporting to HMRC
- Responsibility of monitoring absence, time keeping and attendance for payroll purposes alongside Group HR
- Communicate effectively at all levels and become the go to person for financial information
- Drive best practice with procedure and process and facilitate continual improvement across the business
- Work with Group Finance to facilitate the annual statutory accounts production
- Work with senior management and support decision making with financial information to aid in short term decisions as well as long term strategic planning
- Educated to degree level (or equivalent experience) with ACCA or CIMA qualification
- Experience with Xero software package preferred but not essential
- Robust management accounts experience with solid technical exposure
- Have great bookkeeping skills
- Familiar with manufacturing business and relevant financial practices, namely stock and work in progress
- Proficient in financial reporting systems and Excel
- Must possess a positive attitude and display the ability to identify alternative solutions to problems
We are an equal opportunities employer. At the Prodrive Group we are committed to attracting and nurturing the best talent and creating an inclusive workplace. We value individual differences and diversity amongst all staff so that everyone has the widest opportunities to maximise their potential.
Locations
Senior Commercial Finance Manager in Isle of Wight, Newport employer: Prodrive
Prodrive is an exceptional employer, offering a dynamic work environment where innovation and teamwork drive success in the world of motorsport. With competitive salaries, extensive training opportunities, and a strong commitment to employee well-being, including generous holiday allowances and social events, Prodrive fosters a culture of growth and inclusivity. Located at the heart of motorsport excellence, employees can expect to be part of a passionate team that values their contributions and encourages personal development.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Commercial Finance Manager in Isle of Wight, Newport
✨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 Prodrive. 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 Senior Commercial Finance Manager in Isle of Wight, Newport
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 Prodrive.
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 Prodrive'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 Prodrive
✨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 Prodrive.
✨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 Prodrive 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 Prodrive 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.
