Financial Controller

Port of Aberdeen; Aberdeen City; On-site; GBP 45,000 - 75,000; Full time

Job summary

An established industry player is seeking a Financial Controller to lead their finance team and ensure robust financial management. This pivotal role involves overseeing accounting operations, developing policies, and managing budgets, all while ensuring compliance with financial regulations. The successful candidate will possess strong leadership and analytical skills, along with a commitment to excellence in financial reporting. Join a forward-thinking organization that values safety, quality, and the development of its people, and play a key role in shaping the financial future of this vital port.

Qualifications

• Experience in a finance role with leadership responsibilities.
• Qualified Accountant with knowledge of financial regulations.

Responsibilities

• Oversee all accounting operations and ensure compliance.
• Manage the annual budget preparation and revenue forecasting.

Skills

Financial Management

Accounting Principles

Leadership Skills

Analytical Skills

Communication Skills

Microsoft Office Suite

Problem Solving

Organizational Skills

Education

Qualified Accountant (ACCA, ICAS, ACA, or CIMA)

Tools

Accounting Software

Microsoft Excel

Job description

WHO WE ARE

Port of Aberdeen is one of the UK’s busiest ports and a driving force for energy transition, maritime decarbonisation, trade and tourism.

Our vision is to become Scotland’s premier net zero port, offering world class facilities and services at the heart of the nation’s energy transition efforts. Everyone at Port of Aberdeen has an important role in making this a reality.

We are a multimodal port and provide an integrated logistics and services hub for our customers, supporting a diverse range of industries including oil and gas, renewables, general cargo, cruise and ferries.

We offer world-class infrastructure with a strategic location and access to an expert supply chain. All with an uncompromising focus on safety, health, and quality.

Port of Aberdeen’s culture is built on empowering, investing in, and developing our people. It takes outstanding talent to keep the expanded port running safely and smoothly. We offer a wide range of roles from pilots to port operators, engineers to administration, SHEQ to HR and much more.

The port has been at the heart of the city for almost 900 years and our transformational South Harbour expansion will create new opportunities and prosperity for generations to come.

WHAT WE NEED

We are looking for a Financial Controller to provide leadership, direction and development of the finance team and oversee the financial and reporting cycle for Port of Aberdeen. This includes all aspects of financial management, including corporate accounting, regulatory and financial reporting, budget and forecasts preparation, overseeing payroll / PAYE, corporate and employee taxation and development of internal policies and procedures.

Main responsibilities include:

• Oversee all accounting operations, including accounts payable, accounts receivable, asset accounting, general ledger, tax compliance and Payroll / PAYE.
• Develop and maintain accounting policies and procedures for billing, revenue recognition, accrual entries, deferred cost bookings and any other accounting entries.
• Ensure all bank accounts balance to the monthly statements and produce a variance analysis for each department to explain any major variances.
• Update the Fixed Asset Registers for the month’s depreciation charge and for any additions / disposals of assets.
• Prepare a monthly cash flow showing daily movements and update daily, raising any discrepancies with the CFO.
• Manage the process with the external auditors, acting as the main point of contact and onsite coordinator. Responding to requests for information, answering queries and liaising with the wider finance team for purchase ledger, payroll or sales input. Ensure all information is provided prior to CFO input.
• Responsibility for the annual budget preparation for the Port, managing draft budget submission process, communicating timescales, co-ordinate response and checking department submissions against actuals for any anomalies.
• Produce an accurate revenue forecast, analysing vessels & goods trends, and liaising with other departments on predicted activity.
• Review draft budget with CFO and following board approval, communicate outcome / impact with departments.
• Prepare the Executive payroll monthly and complete the RTI submissions and journal imports to finance system.
• Complete year end reconciliations for each of the 3 payrolls including printing the P60’s and completing the final RTI submission to close off the PAYE Year for each payroll.
• Maintain the calculations for the PSA’s and ensure submission.
• Manage VAT and PAYE compliance visits and respond to any written enquiries from HMRC.
• Preparation of the year end and interim Trustees Accounts for the Defined Benefit Retirement Scheme as well as being key contact for the external audit process, provide necessary documentation for the audit and hold responsibility for finalising accounts to be approved by the Scheme Trustees.
• Cover for CFO during any periods for absence, as required.

SKILLS, EXPERIENCE AND QUALIFICATIONS

• Relevant experience of working in a similar finance role.
• Qualified Accountant (ACCA, ICAS, ACA or CIMA or equivalent).
• In depth knowledge of financial regulations, accounting principles and financial reporting.
• Knowledge of standard accountancy and finance best practice.
• Proven leadership and people management skills.
• Excellent interpersonal and communication skills with a discrete and confidential approach.
• Strong planning and organisational skills and able to work to deadlines.
• Excellent analytical, numerical, problem solving, planning and execution skills.
• Positive and flexible approach to work.
• Proficient computer skills, including Microsoft Office Suite (Word, PowerPoint, and Excel) and relevant accounting software.