Interim Financial Controller
JOB: INTERIM FINANCIAL CONTROLLER
SALARY: £375-425 PER DAY
LOCATION: RIPON, NORTH YORKSHIRE
The Business & Opportunity:
Opportunity to work at the heart of a branded consumer goods company. The business has well established brands sold through multiple sales channels both across the North of England and Nationally. Following its recent acquisition by a private equity firm, they require an Interim Financial Controller to play a crucial role within their finance team. Reporting to the Interim CFO, you will manage, coach and develop their small team, take responsibility for all areas of accounting, including full ownership for the month end processes, and analyse, improve and implement suitable systems and processes. You will also be a key member of the business, interfacing with the production, sales and marketing functions as well as the Interim CFO and members of the Board.
As the Business is experiencing substantial change, you will be an instrumental figure during this period. You may also be given the option of becoming their permanent Financial Controller should you wish.
You will be based at the Groups Head Office, located North of Ripon
Specific Requirement:
Reporting to the CFO, you will take responsibility for a wide range of duties, including:
- Development and preparation of monthly and year to date performance reports to the Board, including cashflow forecasting, commentary and analysis in the Board pack and resolution of any follow up queries.
- Review and development of the accounting systems and records across the business, together with the timely production of reports including weekly operational reports and formal monthly consolidated financial accounts and commentary. This will include the monitoring of overheads and expenditure.
- Assessment of capital spend proposals including returns and risks.
- Coaching, mentoring and developing the finance Team consisting of 5 people.
- Point of contact with the Banks including provision of monthly business performance information to lenders and monitoring of business performance against various Loan Covenants.
- Preparation of key schedules for the Budgeting process for the Sales, Marketing, Production and Operations functions. Preparation and maintenance of the standard product cost and margin systems for products in each sales channel.
- Oversight of stocks held at different sites including by third parties and monitoring stock rotation and usage.
- Preparation of formal year end accounts and liaison with external auditors in their review. Input of financial information to the CFO, CEO and Directors reports as part of the Annual Report and Accounts. Preparation and submission of statutory returns to Companies House.
- Business Partner and Interface with Non-Finance, including liaison with Production, Sales, and Marketing teams.
- Oversight of bank reconciliations and maintenance of cash flow forecasts to ensure funds are available to meet obligations.
- Completion of Quarterly VAT returns and ad-hoc liaison with HMRC on enquiries arising.
- Oversight of payrolls and assessment of performance bonus arrangements.
- Ad-hoc evaluation and analysis to support initiatives and investments in the business.
Skills & Experience required:
- Technically strong Qualified Accountant (ACA/ACCA/CIMA/ACMA).
- Essential to possess experience from a business who have gone through private equity/turnaround.
- Ideally operated within a business involved with the production of product ranges.
- Able to command authority and credibility, who thrives in a cooperative environment, working with people at all levels across multiple functions and disciplines.
- Previously operated at Financial Controller/Finance Manager level.
- Strong managerial skills to coach, inspire and develop team members to deliver high performance.
- Due to the change and growth of the business, you will be resilient and excel in a dynamic and demanding environment.
- Able to think outside the box and add real value throughout the exciting times ahead.
What’s on Offer:
- A daily rate in the region of £375-£425.
- Discount on company products.
- Free parking at their Head Office, based north of Ripon, easily accessible from the A1, and commutable from as far as Boroughbridge, Harrogate, Wetherby, North Leeds, Thirsk, Northallerton, Richmond, Bedale and surrounding areas.
- The opportunity to make a real impact at an exciting time for the business.
- Future option of becoming the permanent Financial Controller.
Next Steps:
Interviews are to be conducted imminently; hence you are advised to apply at your earliest convenience.
N.B. Lyons Recruitment have been strictly retained on an exclusive basis, hence any other agency applications with be disregarded.