Part Time Financial Controller

Machine Tool Technologies Ltd; Chorley; On-site; GBP 60,000 - 75,000; Part time

Benefits offered by this job

Company pension

Health cash plan

Employee assistance programme

Flexible working options

Job summary

Machine Tool Technologies Ltd, based in Chorley, is seeking a part-time Financial Controller to lead the Accounts function and a small team. The role reports to the Commercial Director and focuses on producing timely monthly management accounts, cash flow management, budgeting, and KPI analysis.

Ideal candidates are chartered or qualified by experience, with a background in engineering or SMEs and a proven ability to simplify complex financial information for stakeholders.

Qualifications

• Qualified accountant or equivalent experience.
• Experience in engineering sector and/or SMEs.
• Strong ability to translate financial information into clear business updates.

Responsibilities

• Prepare monthly management accounts and ensure timely production.
• Include adjustments for contracts, work in progress, and income recognition.
• Prepare cash flows, budgets, and variance analysis against actuals.
• Manage cash flow and monitor liquidity.
• Develop KPIs and drive profit improvement and efficiency measures.
• Review systems and procedures to monitor risks and information accuracy.
• Coordinate year-end accounts, audit, and tax with external accountants.

Education

Qualified Accountant (ACCA/CIMA or equivalent)

Job description

Salary: £60k-75k (FTE) + Benefits dependent on skills and experience

Chorley, Lancashire – office based – flexible hours

The Company

Established in 2001, Machine Tool Technologies (MTT) is the UK’s largest independent machine tool servicing provider. As a leading provider of specialist technical solutions for CNC machine tool users, MTT work with clients across the world on advancing their CNC machine tools’ performance and reliability.

The Opportunity

Due to an internal move, are looking to add to our existing team and recruit for a part time Financial Controller.

Reporting to the Commercial Director, this is a fantastic opportunity to be part of MTT’s future plans and play a key role in the business.

The Role

We’re looking for someone to manage the Accounts function and team, which includes an Accounts Payable Administrator, and lead on the following activities:

• Preparation of monthly management accounts, ensuring these are produced on a timely basis post month end.
• Monthly management accounts, to include all adjustments in respect of contract adjustments, work in progress movements and proper income recognition.
• Preparation of cash flows, budgets, and comparisons to actual results.
• Cash flow management
• Preparation of KPI’s, KPI monitoring, and profit improvement and efficiency measures
• Reviewing internal systems and procedures to monitor risk, efficiencies, and accuracy of timely information
• Liaising with the company accountants in respect of year end accounts preparation, audit and tax

The Candidate

Our ideal candidate will be a qualified accountant (or qualified by relevant appropriate experience) and have relevant experience within industry or well-rounded accountancy practice experience. We’d especially like to hear from you if you have experience in the engineering sector and/or SMEs. However, we are open to candidates from different backgrounds.

As well as focusing on the fundamental financial activities, we’re looking for someone who is curious and able to identify ways to make continuous improvements, whether that be a way of working, a process, or system. We’re looking for someone that is able to build effective working relationships internally and externally, and is able to translate financial information into clear and concise business updates. As this is a part time role, we are also looking for someone who is organised and a great communicator.

The Package

The salary range for this role is £60-75,000 (FTE). Actual salary will be pro-rata and dependent upon experience and hours agreed.

MTT offers a range of benefits, including company pension, health cash plan and employee assistance programme.

We are excited to share this unique opportunity where, for the right candidate, we are able to offer a range of flexible working options. We believe the workload reflects the need to recruit on the basis of circa two days per week. The office is based in Chorley, Lancashire, and, ideally, the right candidate will be office based. However, we are open to discussing what this looks like and are open to different working patterns (full days, half days, school hours etc.).

Interview Dates

For successful candidates, we anticipate holding in person interviews w/c 17th November.