Assistant Financial Controller

Illinois Tool Works, Inc.; Glenrothes; On-site; GBP 40,000 - 60,000; Full time

Job summary

A leading multinational company in Glenrothes seeks an Assistant Controller to optimize profitability by providing accurate financial data and challenging the status quo. The ideal candidate will hold a bachelor's degree in finance or a related field and have strong analytical skills. Responsibilities include managing monthly accounts, maintaining compliance, and supporting financial process improvements. Join a dynamic team that values innovation and collaboration.

Qualifications

• Bachelor's degree and/or financial professional qualification.
• Demonstrable experience collaborating within a team.
• Experience working with Excel, including pivot tables.

Responsibilities

• Complete monthly management accounts and balance sheet reconciliations.
• Maintain accruals and pre-payments.
• Prepare monthly journals and VAT & Customs returns.
• Support cross functional business improvement projects.

Skills

Strong numeric/analytical skills

Excel proficiency (pivot tables, formulas)

Strong communication skills

Excellent organisation skills

Education

Bachelor's degree and/or financial qualification (ACCA/CIMA part qualified)

Job description

Overview

Job Description:

About ITW: ITW Construction - Offsite Europe is a division of ITW within the Construction Products segment, a segment which generates $1.9 billion in global revenue. The Offsite Europe business' annual revenue is $40 million, with 80+ colleagues across the UK & Ireland. We are suppliers of innovative engineered connectors and design software, and our products are uniquely capable of driving value for our customers, supported by strong customer service capabilities and a continuous improvement mindset. ITW Construction - Offsite Europe are consistently innovating, designing and manufacturing advanced industrial technology. We are industry influencers with 2 high quality brands that are known throughout the industry, and we aspire to grow our business in our current markets as well as explore new market opportunities. At all levels in our organisation, we are encouraged to embrace our inner entrepreneur to drive actions, focus on what matters and share ideas so that every individual can have an impact on the business. In return we are rewarded, supported in our development and given the opportunities to grow within a large multinational organisation.

Position Summary

The Assistant Controller will help achieve and optimise the Offsite Europe profitability through providing accurate financial data, challenging the status quo and driving strategic initiatives. Reporting to the Financial Controller for Offsite Europe, this role will be critical in the production of monthly reporting, including completion of monthly journals and reconciliations together with ad-hoc projects. This role will also assist the wider finance team where necessary in the monthly processing of the AP/AR ledger function. We are looking for someone to be a team player and support an efficient and accurate finance function achieving accurate and timely accounting information, sound financial controls and financial process improvements.

Responsibilities

• Responsible for the completion of month end procedures and the completion of monthly management accounts.
• Responsible and accountable for the completion of balance sheet reconciliations.
• Support with the preparation of Quarterly Forecasts and Annual Plan.
• Maintain accruals and pre-payments.
• Complete payroll journals and analysis, work with HR on any statutory reporting requirements.
• Preparation of monthly journals.
• Complete VAT & Customs returns for the business and provide tax analysis.
• Responsible for systems maintenance and adherence to policies and procedures, ensuring they are effectively followed to ensure data accuracy and timeliness.
• Responsibility for ensuring all policies and procedures are compliant with internal/external audits.
• Leading or supporting finance projects that drive efficiency or profitability.
• Liaising with other functional managers to provide information as and when requested.
• Support profitability improvements and simplification through data analysis.
• Support cross functional business improvement projects.
• Role model ITW Business Model and Culture & Values.

Person Specification (Essential)

• Bachelor's degree and/or financial professional qualification (ACCA/CIMA part qualified).
• Experience working within a finance or other team with demonstrable experience in collaborating with others.
• Strong numeric/analytical skills and attention to detail/diligence.
• Experience working with Excel, including the use of pivot tables and formulas.
• Strong communication skills.
• Excellent organisation skills, with demonstrable experience meeting deadlines.

Experience (Desired)

• Experience working in a manufacturing and/or construction related business