£100K/yr to £120K/yr
London, England
Permanent, Variable

Financial Controller - FMCG/Retail/Distribution of goods

Posted by Michael Page Finance.

  • Hands-on but strategic role, responsible for assisting the CFO to maintain robust controls and governance of the 12 International Corporate entities and 18 Operating Entities around the world.
  • Day-to-day line management responsibility for four team members.

Client Details

The business is part of an international Group, one of the largest and diversified groups in world. The business was acquired from an American multinational energy corporation predominantly specializing in oil and gas and owns worldwide rights of the brand, except Portugal, Spain and the US. The core business is manufacturing and marketing an extensive range of lubricants for all market segments. The business is focussing on growing global markets with focus on three regions- emerging markets in Asia including China, Middle East and Europe.

Description

  • Responsibility for the Primary Income and Expenditure entities incorporated in UAE & Netherlands, the role will oversee all aspects of monthly closing activities, P&L and Balance Sheet responsibility and monthly reporting requirements. Local assistance is provided by the Dubai & Amsterdam based finance teams.
  • Responsibility for Europe operating business unit financials covering 3 legal entities based in Malta, Poland and Italy. Planning & Forecasting and monthly performance management and reporting. This is supported by 1 internal team member based in Malta reporting to this role, an accountant in Poland with direct line reporting to the Poland GM with dotted line to FC and a 3rd Party external Accountant in Italy.
  • Oversight responsibility for the financial accounting requirements of 12 holding companies including the ultimate parent consolidation entity for the group. The Financial accountant will own the day-to-day responsibilities but the FC will need to review and consolidate the performance reporting of the 12 corporate entities.
  • Overall responsibility for the preparation of annual financial statements and year-end audits for the
  • Support planned implementation of a Group Consolidation financial systems to automate and improve accuracy of consolidation process.
  • Responsibility for the annual financial consolidated audit for the business.
  1. Coordinating with all Operating and Non-Operating Entities to complete external audits and submit reporting packs and signed statutory financial statements where required

  2. Coordinating business level intercompany reconciliation and elimination exercise

  3. Checking to ensure all banking covenants are met for group loans

  4. Obtaining all necessary reviews and approvals to sign before 30th Sept deadline

  • Responsibility for the annual financial consolidated audit for the business Trading Company Europe Limited.
  1. Coordinating with all Operating and Non-Operating Entities to complete audits and submit reporting packs and signed statutory financial statements where required

  2. Obtaining all necessary reviews and approvals to sign before 30th Dec deadline

  • Provide support for all annual External and Internal Audit visits and coordinate and implement any recommended corrective actions.
  • Ownership for all finance policies and procedures and ensuring compliance is met.
  • Responsibility for group cash planning and forecasting processes and supporting global entities with cash and liquidity requirements and monitoring.

Profile

  • Qualified Chartered Accountant with previous experience in a similar Finance leadership role
  • Experience working in an international environment
  • Exposure to fast-paced environtment
  • Strong team management exposure

Job Offer

  • Up to £120k base + annual performance bonus of 10-12% of base salary

Generous Health Insurance, 5 times Life Insurance, Annual holidays and tax saving pension contribution

  • Exciting fast-paced environment with internall opportunities to progress to senior leadership
  • Hybrid working: Mon-Wed in office, Thu/Fri from home
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