Financial Controller

Hays Accountancy and Finance; Hereford; On-site; GBP 50,000 - 70,000; Full time

Job summary

A growing manufacturing business in Hereford is looking for a Finance Manager to drive financial oversight and reporting. This role is pivotal in ensuring accurate fiscal management, overseeing monthly reporting, and leading financial strategies that include budgeting and compliance. Ideal candidates are qualified accountants with a minimum of 3 years post-qualification experience, particularly in managerial roles, and must be adept in financial reporting and cashflow management.

Qualifications

• Qualified or QBE accountant with at least 3 years post-qualification experience.
• 5 years in management or supervisory positions preferred.
• Experience in industry is a plus.

Responsibilities

• Complete financial responsibility, including overseeing month-end processes.
• Prepare budgets and forecasts, manage cashflow and tax returns.
• Lead a cross-functional team to improve performance with IT advancements.

Skills

Financial reporting

Cashflow management

Budgeting

Tax returns

Business partnering

Education

Qualified accountant or QBE

Job description

My client

Hays Senior Finance has been retained for the recruitment of an established and growing manufacturing business based in central Hereford. Customers are in the UK, but there are significant European and global sales.
Turnover in 2025 is expected to be £20m with around 85 employees.
Finance team

Reporting lines: This position reports into the Group FD with a significant dotted line to the subsidiary MD reports are: Management Accountant, Purchase ledger clerk, Credit controller

Role & Responsibilities

Complete financial responsibility for the business. This includes but not restricted to:

- Oversee the month end work including preparing the monthly Board pack.
- Report monthly numbers in defined format to Group in line with monthly deadlines.
- Prepare and present at monthly operations meeting with a detailed assessment of performance in each revenue stream.
- Review and understand the balance sheet reconciliations, including identifying and resolving discrepancies.
- Ensure assets and liabilities are correctly recorded.
- Working with the business to complete the annual budget and quarterly/monthly forecasting.
- Identify and communicate any risks and opportunities to the budget / forecast. Manage and develop (where required) your direct reports.
- Particular stakeholders in this area are the Board (MD, Ops Director, Manufacturing director).
- Audit and tax pack preparation and ensure audit requests are met in a timely manner with audit target dates met to enable final statutory accounts sign off.
- Management of the cashflow both from a cash optimisation view, low level of aged debt and accuracy of cashflow forecasting.
- This includes management of customer credit limits and insurance and working with the business to find acceptable proposals for customers who cannot obtain insurance.
- Review and management of tax returns including RCT, CIS and VAT.
- Experience of RDec claims would be useful.
- Business partnering: Part of the senior management team to appraise and advise on business improvements, capital investments.
- Finance management tasks associated with stock / manufacturing including recovery analysis, costings and overseeing and reporting variances on monthly stock cycle counts.
- Review of payroll and expenses on a weekly basis, ensuring all tax legislation is adhered to before passing to group payroll function.
- Attend regular IT meetings actively highlighting any financial impacts of proposed changes.
- Leading a cross-functional team to educate and improve performance using latest IT technology (e. AI)
- Any ad hoc requirements associated with financial control of the business.

Type of person

Qualified or QBE. Ideally with at least 3 years minimum post-qualification experience. Has been in management/supervisory positions for at least 5 years. Experience working in 'industry' is preferred but not necessarily required. Takes responsibility for the accuracy of reporting and communication of risks and opportunities.

What you need to do now

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