Financial Controller
Wednesbury / Hybrid Working
£60,000-70,000 + 10% Bonus + up to 10% Pension + Private Health + 25 Days Holiday
The Business:
Are you looking to take your career to the next level? When you join MSC they offer you more than just a job, they provide the opportunity to grow and develop, helping you build your career. Great businesses need great people - that's where you come in - and with MSC you'll have the autonomy to shape your role. They believe in continuous growth, which is why you will have constant access to coaching, mentoring and an environment where personal and professional development and success are celebrated.
MSC Industrial Supply is a £40m turnover autonomous and empowered UK business, backed by a US $4bn+ turnover listed group. They have the ambition to be the largest supplier of metal working tools. They are focused on adding value to their customer's business through the provision of engineering support - think optimal machine set up and programming to lower customer costs - as well as vending machine style solutions to support customers in more effective control and consumption of supplies.
What will I be doing?
As the Financial Controller you will be responsible for day-to-day financial operations, ensuring reporting, budgeting and compliance with regulatory requirements. You'll provide financial support to senior management, to maximise financial decision making, support profitable deal negotiation and drive business performance. You'll help to manage and optimize business systems to enhance efficiency.
- Continuously review policies and procedures with a view to initiate improvements for overall efficiency, taking a strategic and methodical approach using a strong commercial acumen
- Produce a monthly management pack, giving accurate and timely information for decision making
- Management and mentoring of the Management Accountant ensuring, month end activity and ad-hoc tasks are completed to deadlines
- Business Partner to the senior leadership team
- Leading or support a variety of business projects to help drive an increasingly profitable business
- Manage and be accountable for Balance Sheet reconciliations
- Treasury management - cashflow, forecasting and banking
- Review sales and costs to produce accurate monthly forecasts across the business
- Advise commercial function on customer deal profitability and negotiations.
- Co-ordinate the implementation of annual budgets and monthly forecasts and the recording of these in the financial forecasting system
- Ensure compliance with all corporate taxation and VAT requirements
- Lead on third party finance system development to improve processes within the finance department
- Prepare statutory accounts and lead on the liaison with external auditors
- Ensure compliance to the Sarbanes Oxley internal control framework
- Any other duties in line with business and departmental needs
Role Requirements:
- CIMA, ACCA or ACA Qualified.
- You will be able to demonstrate sound ERP system usage and Excel knowledge, alongside strong analytical and problem-solving skills coupled with your effective communication and interpersonal skills.
- Comfortable working effectively in a fast-paced, dynamic environment with strong attention to detail and organisational skills. Typical month end reporting turnaround time is 4 working days.
- Previous experience working within Group company structure and matrix organization is useful.
- Experience of product margin and inventory accounting.
What else do I need?
We trust that our people will be able to teach you the role-specific skills, but for you to truly succeed at MSC you will embody our values and these significantly important attributes; ones that MSC believes embody talent within our business.
Connections: Your interpersonal skills; how well you manage relationships, and how rewarding you are to deal with.
Thinking: The abilities you draw upon to solve problems, learn and be agile.
Creativity: How adept you are at creating solutions and working with change.
Drive: Your level of ambition. The pace, energy, and enthusiasm applied to activities.
Ultimately, we identify talent in people who can demonstrate our values, and the behaviours required to thrive in our business. So, if you can operate effectively in a team, demonstrate customer-centricity, and are eager to make a difference then we would love to hear from you.
As a business, MSC truly believe in the importance of a healthy work-life balance and their benefits offering reflects this with other advantages including:
- Life Insurance - 6x annual salary
- Access to our Associate's discounts and rewards which covers all the most popular brands. Whether it's a breakaway, cashback on essentials or shopping for a special occasion, we've got you covered.
- Free on-site parking
- Cycle to work scheme
- Discounted health cash plan
- Hybrid working - 3 days on site per week
Closing date 21st September 2024, but please don't wait that long if you are interested!
Seymour John have been exclusively retained to manage the recruitment process on behalf of MSC Industrial Supply. As such, please direct all correspondence regarding this role to either Phil Topper or Simon Lowe. Any third party submissions or applications will be directed to Seymour John.