Financial Controller

Posted 2 days 21 hours ago by Paul Mitchell Associates

£80,000 - £100,000 Annual
Permanent
Full Time
Other
Nottinghamshire, Nottingham, United Kingdom, NG1 1
Job Description

Position: Financial Controller

Location: Head Office Based in Nottingham.

Suit candidates from Nottinghamshire, Leicestershire or Derbyshire)

Salary : £75k depending on experience

Our client is a £40 Million + turnover wholesale food company. It is seeking an ambitious "hands on" all round Financial Controller to manage its finances.

Key Responsibilities Financial Reporting & Control
  • Prepare accurate monthly management accounts, including profit and loss, balance sheet, and cash flow statements
  • Ensure timely and accurate year end statutory accounts in accordance with UK GAAP / FRS 102
  • Maintain and improve financial controls, ensuring compliance with internal policies and audit requirements
  • Liaise with external auditors and professional advisors
Budgeting, Forecasting & Commercial Analysis
  • Lead the annual budgeting process and rolling forecasts
  • Provide detailed variance analysis and financial commentary to senior management
  • Analyse gross margins by product, customer, and channel
  • Support pricing strategies and margin improvement initiatives
Cash Flow & Working Capital Management
  • Produce and manage cash flow forecasts
  • Optimise working capital, including:
    • Inventory levels and turnover
    • Trade receivables and credit control
    • Supplier payment terms, including overseas suppliers
  • Manage banking relationships, facilities, and covenant reporting
Inventory & Supply Chain Finance
  • Oversee inventory accounting, including landed cost calculations (freight, duties, storage, and other import costs)
  • Ensure accurate stock valuation and reconciliation between finance and warehouse systems
  • Monitor and report on slow moving, obsolete, damaged, or expired stock
  • Support stock counts and investigate variances
Tax, VAT & Regulatory Compliance
  • Ensure compliance with UK VAT, including import VAT and postponed VAT accounting
  • Manage customs duties and import related taxes
  • Oversee corporation tax calculations and submissions
  • Ensure all HMRC and statutory filing deadlines are met
Systems, Processes & Controls
  • Manage and develop finance systems and reporting tools
  • Improve integration between finance, warehouse, and order management systems
  • Drive process improvements to enhance efficiency, accuracy, and reporting timelines
Risk Management & Governance
  • Identify and manage financial risks, including foreign exchange exposure
  • Support FX hedging strategies where applicable
  • Maintain appropriate governance, internal controls, and segregation of duties
  • Support insurance reviews and risk mitigation initiatives
Person Specification Essential
  • Professionally qualified accountant (ACA, ACCA, or CIMA)
  • Proven experience in a financial controller or senior finance role
  • Strong background in inventory based businesses, ideally food, FMCG, wholesale, or distribution
  • Solid understanding of import VAT, landed costs, and stock valuation
  • Excellent analytical, organisational, and communication skills
  • Hands on approach with strong attention to detail
Desirable
  • Experience within a food import, food distribution, or FMCG environment
  • Experience managing finance systems and process improvements
  • Knowledge of foreign currency management

Salary c.£75K