Finance Controller

Milton Keynes
2 weeks ago
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Finance Controller

Location: Milton Keynes, Buckinghamshire

Start Date Require: ASAP – (deadline end of April 2025)

Job type: full-time (office based) (Monday - Friday 8:00 am-4:30 pm)

Salary: £60k - 70k per annum, subject to experience.

About us: UK Planet Tools Ltd is a leading provider of high-quality tools and equipment for professionals and DIY enthusiasts. With over 14 years of industry experience, we are committed to delivering excellent products and customer service, supporting growth and innovation in our field.

Job Overview: We are seeking a highly skilled and detail-oriented Financial Controller (FC) to manage the company's daily financial operations. This role requires hands-on financial management, ensuring financial accuracy, compliance, and efficiency while supporting strategic business decisions. The successful candidate will report to the Finance Director and senior management and play a key role in financial planning, reporting, and control.

Key Responsibilities:

  • Managing Accounting Operations: Overseeing daily accounting functions such as billing, accounts receivable and payable, general ledger maintenance, cost accounting, inventory records, and revenue recognition.

  • Financial Reporting: Preparing and Accurate monthly financial statements, including balance sheets and income statements.

  • Budgeting and Forecasting: Coordinating and directing budgetary processes and financial forecasts to align with the organisation's strategic goals.

  • Internal Controls: Developing and implementing robust internal control policies and procedures to safeguard company assets and ensure compliance with financial regulations.

  • Compliance and Audit Liaison: Ensuring adherence to statutory laws and financial regulations, and acting as the primary contact during audits.

  • Financial Analysis: Analysing financial data to identify trends, variances, and opportunities for cost reduction and business growth.

  • Team Leadership: Leading and mentoring the finance team, fostering a culture of continuous improvement and professional development.

  • Cross-Departmental Collaboration: Working closely with the purchasing department, sales team, and stock controllers to ensure financial alignment and support operational efficiency.

  • System Development: Investigation, Interrogation and Reconciliation to ensure the Integrity of Financial Data and Balances

  • Procedures and Processes: Improving and Introducing Robust Financial Procedures and Processes

  • VAT Returns: Processing – Deferment, Duty Processing, VAT and Postponed VAT Interrogation and Reconciliation

  • Related Company: Monitoring, Interrogation and Reconciliation

  • Sales Platforms and Payment Platforms: Monitoring, Interrogation and Reconciliation

    Personal Specification:

    · Professional Certifications: Holding certifications such as ACCA (Association of Chartered Certified Accountants), CIMA (Chartered Institute of Management Accountants), or ACA (Associate Chartered Accountant) is highly desirable but qualified by experience would be considered.

    Professional Experience:

    · E-commerce Industry Insight: Experience in the e-commerce sector is advantageous, as it provides an understanding of online retail dynamics, digital payment systems, and inventory management challenges.

    · Financial Management: Demonstrated experience in overseeing financial operations, including financial reporting.,

    Technical Proficiency:

    · Accounting Systems: Proficiency in complex Accounting Systems

    · Data Analytics: Ability to analyse large datasets to derive insights on sales trends, customer behaviour, and operational efficiency.

    · Accounting Software: High Proficiency in Excel and other Microsoft systems

    Key Skills:

  • Analytical Thinking: Strong ability to Interrogate, Reconcile and Interpret Financial Data.

  • Attention to Detail: Ensuring accuracy in financial reporting and compliance with regulatory standards.

  • Communication: Effective communication skills.

  • Leadership: Experience in managing finance teams, and fostering a collaborative and high-performance culture.

    Company Benefits:

  • Competitive salary based on experience.

  • A friendly and supportive team environment.

  • Opportunity for growth and advancement within the company.

  • 30 days annual leave per annum plus an additional yearly leave for service and birthday.

  • Contractual Sick Pay Scheme and Pension Scheme.

  • Free on-site parking.

  • Employee Discounts and Social Activities & Events.

    Whilst we will make every effort to get back to every applicant, it is not always possible, so if you haven't heard from us within three weeks, please note that your application has not been successful on this occasion

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