Job Description

Overview - Company Strategic Oversight

As Financial Controller you will work with the Manging Director and the Company Secretary to direct the Company's financial activities.

As Financial Controller you will work with the Manging Director and the Company Secretary to play a crucial role in strategic decision-making and ensuring the financial health of the organization and oversee:

financial aspects of the Company, ensure financial stability, accuracy, and compliance, management of budgets, financial reporting, risk management, leading finance team

The financial controller will have the following overall financial governance responsibilities and objectives

:

Ensure sound financial Company structure is in place and operational to achieve sound financial management around the following four core financial requirements across Company financial activities:
o planning,

o control,

o organising, and

o decision making.

Monitor financial details to ensure that legal requirements are met. Ensure that the Company has established and maintains an effective set of internal accounting controls Oversee end-to-end finance operations,
o financial planning and analysis of financial statements and balance sheet reconciliations,

o Prepare financial statements, business activity reports, and forecasts

o Monitoring of the Company's profitability, liquidity, and solvency

o Ensuring timely and accurate financial reporting

o Review financial reports and identify and seek ways for cost-reduction opportunities

o Ensure that the Company has established and maintains an effective set of internal accounting controls

o Creating revenue and budget projections

Identifying areas for potential improvement Contributing to the development of financial strategies and providing financial insights to support business decisions Formulating strategic and long-term business plans Reporting on factors influencing business performance Monitoring the Company's finances to detect trends and movement which could impact positively or negative across the scope and remit of the business operations and activities of the Company. Suggest improvements to procedures and controls, Promote positive change and oversight and implementation of change from a secure and sound financial base Ensure financial reporting policies are well documented and updated across existing and for new lines of business. Supervise employees who do financial reporting and budgeting.

Overview - Company Operational Activities:

Budget Management:

Developing, implementing, and monitoring project and Company budgets.

Financial Reporting:

Preparing and presenting accurate and timely financial reports, including monthly, quarterly, and annual statements and P&L Reports. Ensure company transactions are accurately reported for consolidated accounts

Cost Control:

Monitoring and controlling project costs, identifying potential cost overruns, and implementing cost-saving measures.

Risk Management:

Identifying and mitigating financial risks, ensuring compliance with relevant regulations and policies.

Team Leadership:

Managing and mentoring finance team, fostering a positive and productive work environment.

Key Responsibilities (to be agreed but in outline):

Manage cash flow and liaise with the bank to ensure compliance with the Company's financing facility. Report to the Directors on financial results, key performance indicators (KPIs), and provide detailed commentary. Oversee credit control policies, ensuring compliance, and liaise with credit reference agencies and credit insurers. Prepare annual budgets, identify cost savings, agree on them with the Directors and Company Secretary, and implement them. This includes both financial and sales budgets. Monitor budget performance against actual results and report variances and their reasons. Review credit control reports and take appropriate action, including liaising with slow-paying customers, placing customers on stop, and, in extreme cases, passing them to debt collectors and mitigating the risk of fluctuations. Manage leases, company car fleet, office equipment leases, and insurance policies. Provide support to external auditors during statutory audits. Oversee all tax-related matters, serving as the primary contact with HMRC (corporation tax, VAT, and PAYE), ensure the accuracy of processed data. Prepare VAT returns and ensure timely submission and payment. Prepare VAT returns and ensure timely submission and payment. Support the preparation of external accounts and corporation tax computations. Attend bi-weekly division meetings and implement necessary changes

Essential Skills and Qualifications:

Significant Understanding and experience in the Construction Industry

Construction Industry Knowledge:

Understanding of the construction industry's unique financial requirements and regulations.

Accounting and Finance Expertise:

Strong knowledge of accounting principles, financial reporting, and budgeting, use of Sage Accounting package, including Sage Line Construction and EQUE2.

Analytical Skills:

Ability to analyse financial data, identify trends, and make data-driven decisions.

Project Cost Accounting:

Tracking and analysing project costs, ensuring projects stay within budget.

Contract Management:

Reviewing and managing construction contracts, ensuring financial terms are adhered to.

Subcontractor Management:

Managing payments to subcontractors and ensuring compliance with contractual agreements.

Capital Expenditure Planning:

Participating in the planning and management of capital expenditures for construction projects.

Leadership and Management Skills/Communication Skills:

Ability to lead and motivate a team, manage performance, and foster a collaborative environment. Ability to communicate financial information clearly and effectively to various stakeholders.

Problem-Solving Skills:

Ability to identify and resolve financial issues, develop solutions, and mitigate risks.

Relevant Qualifications:

A recognised qualification (and/or degree) in accounting or finance, and potentially a professional accounting qualification (CPA, ACCA, CIMA).

Summary

As Financial Controller at W.B Griffiths & Son Limited a vital role responsible for the financial health and stability of the Company.

You will be required to bring to the role a strong blend of financial expertise, leadership skills, and industry knowledge to effectively manage financial operations and contribute to the success of the Company to ensure all financial activities secure and enhance the Company's reputation

Job Type: Full-time

Pay: From 50,000.00 per year

Work Location: In person