Financial Controller

Michael Page is delighted to partner with our client to recruit a Financial Controller. The role is to coordinate and have financial responsibility for the UK based business units within the Group. In addition to managing the finance teams there is a requirement to business partner with the ops teams and communicate the monthly financial information, support in budgeting and forecasting and assist in the overall business processes with the locations.

Client Details

Our client is a market-leading manufacturing and engineering business with a strong global presence. This position is based locally in their Glasgow office, offering a hybrid work model. Additionally, the office provides free parking for all employees.

Description

The successful candidate will likely have the following responsibilities:

• Oversee the preparation and review of monthly financial reports and balance sheet reconciliations for the Group, ensuring accuracy and compliance with internal standards.
• Conduct in-depth analysis of financial performance, including the preparation of monthly variance analysis to support key business insights.
• Supervise the finance team to ensure the accurate and timely processing of financial transactions related to revenue recognition, accounts payable, payroll, cash disbursements, receipts, inventory management, and project cost accounting.
• Manage the revenue recognition process for key contracts, ensuring proper recognition of project revenues and margins in alignment with business objectives.
• Prepare and submit cash flow forecasting reports on a weekly basis, in collaboration with the Divisional Controller.
• Assist with the preparation of annual budgets and financial forecasts as requested by senior leadership, including supporting the consolidation process for the business units.
• Provide assistance with the monthly financial reporting consolidation process, ensuring timely and accurate completion of the financial pack.
• Oversee profitability and financial analysis efforts, contributing to data-driven decision-making at the senior management level.
• Support both internal and external audit programs, ensuring compliance with audit requests and timelines.
• Collaborate on the development and documentation of business processes to reinforce internal controls and operational efficiency.
• Assist senior leadership with key performance indicator (KPI) reporting, providing valuable insights for business unit performance monitoring.
• Provide financial and commercial support for strategic initiatives, including tender assessments, financial modelling, and working capital considerations for future projects.
• Perform regular analysis of cost structures to optimise labour and overhead rates, ensuring cost recovery targets are met.
• Monitor key financial success drivers, aligning business unit goals and individual objectives to achieve organisational targets.
• Identify and implement opportunities for process improvements that enhance operational controls, cost efficiency, and overall customer service delivery.
• Lead initiatives to optimise working capital management, including supplier payment strategies and debt collection processes.
• Assist with group-level negotiations, focusing on key supply chain discussions and supplier management for the broader Group.

Profile

The successful candidate will likely have the following profile:

• Fully qualified accountant with 2-3 years of post-qualification industry exp in a similar environment.
• Knowledge of Power Bi and Sage will be advantageous.
• Strong analytical and problem-solving abilities with a detail-oriented approach.
• Excellent communication and interpersonal skills, with the ability to present complex financial information to non-finance stakeholders.
• Proven leadership and team-building skills, with experience managing a finance team.
• Strategic thinker with a proactive and hands-on approach.

Job Offer

This role will offer a competitive salary between £55,000-£65,000 plus wider benefits.