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Financial Controller - UK Sales & Distribution Operations
Job Description
Financial Controller - UK Sales & Distribution Operations
£Very Competitive (DOE) + Bonus + Blue Chip Benefits
Hertfordshire
Are you ready to take on an exciting role within a dynamic start-up environment? Do you have the expertise and drive to establish and manage the financial accounting operations of a newly formed UK business unit, a division of a US multinational? Join our client's team and make your mark in the construction materials sector!
Our client is a rapidly growing US-owned global brand specialising in high-performance tile and stone installation systems, waterproofing, and flooring systems. With a legacy of innovation of nearly 70 years, the company has expanded worldwide, setting industry standards and achieving ISO 9001:2015 certification. They are now setting up a UK business unit to drive their growth and success in the European market.
The Role: As the Financial Controller, working with the UK General Sales Manager, you will establish and manage the financial accounting operations and financial control of the newly formed UK business unit, ensuring compliance with UK statutory and tax requirements. You will handle the financial infrastructure setup, manage statutory compliance, oversee financial transactions, and provide financial management insights to support strategic decision-making. This will include implementation of an off the shelf accounting system in the interim before transitioning, as the business unit grows, to implementation of our client's global ERP system. As the business expands you will also support the move to toll/contract manufacturing partnerships in the UK. In the future you may also have the opportunity to participate in the establishment of in-house manufacturing through acquisition. So this is a role where you will start off as part of a team of three and will ramp up to quite a substantial operation in a key market for our client.
Key Responsibilities:
- Operational Setup: Set up financial infrastructure, handle statutory compliance, and manage financial transactions to establish robust financial accounting practices.
- Financial Reporting: Prepare accurate and timely financial statements, including balance sheets, income statements, and cash flow statements. Ensure compliance with accounting standards and regulations (e.g., GAAP, IFRS). Assist in the preparation of monthly, quarterly, and annual financial reports.
- General Ledger Management: Maintain and reconcile general ledger accounts. Record financial transactions and ensure proper documentation. Conduct month-end and year-end closing processes.
- Budgeting and Forecasting: Assist in the preparation of budgets and financial forecasts. Monitor budget performance and report variances. Provide financial analysis and financial control to support decision-making processes.
- Tax Compliance: Prepare and file tax returns, ensuring compliance with local, state, and federal regulations. Assist in tax planning and strategy development. Coordinate with external auditors and tax advisors.
- Internal Controls: Develop and implement internal controls to safeguard company assets. Conduct periodic audits to ensure compliance with internal policies and procedures. Identify areas for process improvement and recommend solutions.
- Accounts Payable and Receivable: Oversee the accounts payable and receivable functions. Ensure timely processing of invoices and payments. Monitor and manage cash flow to maintain financial control.
- Financial Analysis: Conduct financial analysis to identify trends, variances, and opportunities for improvement. Prepare ad-hoc financial reports and analysis as required. Support management in strategic planning and financial management decision-making.
Ideal Candidate Profile:
- Experience: 5-8 years of post-qualification financial or management accounting experience, preferably with a background within multinational matrix environment. Experience in setting up or growing a sales and distribution or manufacturing business units or start-ups, with a focus on implementing financial accounting and financial control processes and systems would be perfect for this role.
- Skills: Proficiency in ERP systems (JD Edwards, SAP), strong knowledge of UK statutory requirements, and expertise in managing financial transactions and preparing detailed financial reports.
- Attributes: Ambitious, growth-oriented, flexible, and resilient with a hands-on approach. Ability to collaborate effectively within a matrix environment and lead a small team as the business grows.
- Flexibility: As you will be establishing a start-up, our client is able to offer this role as a full time permanent opportunity. They will also consider 4-5 days part time or even a fixed term contract of c12-18 months.
Why Apply?
- Competitive Package: Attractive base salary with a performance-based bonus.
- Growth Opportunity: Shape the financial accounting operations from the ground up and grow into a more senior finance role as the business expands.
- Dynamic Environment: Work in a start-up setting with the potential for significant career growth.
- Innovative Culture: Join a company known for its innovation and commitment to sustainability.
How to Apply: If you are a proactive financial professional with a passion for driving growth and establishing robust financial accounting operations, apply now and be part of our client's dynamic team. Email your CV quoting reference LX 2392222 and start your exciting journey today!
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