Role: Financial Controller
Location: Dundee
Onsite: 2-3 days in Dundee (37.5hrs per week, Monday - Friday)
£salary: up to £70,000
About the role:
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 organisations 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.
What you'll be doing?
Accounting & Reporting
Oversight 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. timesheets).
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 Management
Review and ownership of group cash flow forecasts (rolling 13 week and 12 month cash flow forecasts).
Ensure robust controls and processes around group cash balances including mitigating against fraud through dual authorization, tiered authority levels, bank mandate review.
Proactively manage the Group's cash position including optimization of working capital.
Ensure adherence to the Group credit insurance policy to mitigate risk of credit losses.
Cost Control & Efficiency
Actively participate and highlight any potential cost efficiency that the organisation could benefit from.
Work closely with budget holders to understand operational drivers of each business function.
Budgeting & Forecasting
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 & Technology
Stay 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.
Control Framework, Systems & Compliance
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.
Management and Development of Team
Establish a high level of credibility and manage strong working relationships with both internal and external stakeholders.
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.
What we're looking for?
A qualified accountant (ICAS/ACA/ACCA/CIMA) with SME experience in a similar role - ideally in manufacturing and/or technology sectors
Experience working with business-to-business international transactions and using UK GAAP (FRS) and IAS (IFRS) standards.
Excellent analytical and problem-solving skills with attention to detail.
Good communication skills are essential with ability to articulate views in comprehensive manner, and able to tailor communications at different levels along with a strong attention to detail.
Good organisational skills and must be able to work to deadlines, as well as self-checking approach to work output.
Able to meet tight deadlines and respond quickly to requests from the senior management team.
Advanced experience of Microsoft Office, particularly Excel.
Microsoft Business Central knowledge desirable but not essential.
We offer a range of benefits including:
33 days annual leave (including public holidays)
Birthday day off
Death in service at 4 x your annual salary
Employee Assistance Programme
Employee Share Option Scheme
Enhanced parental leave policies
Paid bereavement leave
Paid sick leave
Company pension scheme
Cycle to Work scheme
How to apply?
Please send a CV to
People Source Consulting Ltd is acting as an Employment Agency in relation to this vacancy. People Source specialise in technology recruitment across niche markets including Information Technology, Digital TV, Digital Marketing, Project and Programme Management, SAP, Digital and Consumer Electronics, Air Traffic Management, Management Consultancy, Business Intelligence, Manufacturing, Telecoms, Public Sector, Healthcare, Finance and Oil & Gas
