Financial Controller - SPEC Engineering Ltd : Job Details

Job Description: Financial Controller

Position Overview:

The Financial Controller ("FC") is a vital and senior role in the Finance department. Reporting to the Chief Financial Officer, the FC has prime responsibility for the accounting operations of the business. The FC ensures that all accounting records are appropriately kept and that every reported result complies with accounting standards and legislation. Part of the FC’s duties includes coordinating and managing the preparation of budget and financial forecasts, preparing monthly statements and other regular financial reports. The FC’s role is also to ensure the Finance team operates within a robust control environment and is the go-to contact for all external auditors.

As a senior role, the FC contributes to the financial strategy of the business and will be pivotal in the development of all internal control policies and procedures in the company. The FC contributes to ensuring all financial systems are fit for purpose, are maintained, and can spot any potential areas for improvement.

Key Responsibilities:

• Managing all day to day accounting operations - such as Billing, Accounts Receivable, Accounts Payable, General Ledger, Cost Accounting, Inventory Accounting, Fixed Asset Register and Revenue Recognition.
• Coordinating the preparation of budget and financial forecasting and reporting any variances.
• Preparing and publishing all monthly financial statements.
• Creating reports (annual and monthly) which identifies results, trends and forecasts.
• Ensuring all transactions are recorded, filed and reported properly.
• Making sure reporting meets compliant standards with statutory law and financial regulations.
• Documenting business processes and accounting policies to maintain internal controls.
• Streamlining and improving all operations and accounting systems.
• Coordinating the management of cash flow, debt and debt collection.
• Overseeing the audit process and liaising with external personnel where required.
• Supporting the business with the financial strategy and decision-making processes.
• Helping the CFO in presenting reports to board members, senior executives, and board members.

Desired Skills and Experience:

• Previous experience as a Financial Controller, demonstrating proficiency in financial leadership.
• Fully qualified with ACA, CIMA, or ACCA accreditation.
• Mastery of Excel and financial modelling skills, enabling data-driven decision-making and forecasting accuracy.
• Excellent interpersonal and communication abilities.
• Ability to maintain a high level of accuracy while meeting strict deadlines.