Interim Plant Financial Controller - Conversion to permanent

Job Description

Accountancy Recruit is partnering a global automotive component manufacturer in the recruitment of an Interim Plant Financial Controller supporting the Plant General Manager to drive the plant to achieve budget and cash flow forecasts. This is initiallya 6-month contract with the potential for a permanent position, so you will need to be available on short notice. You will be an aactive member of the plant leadership team, involved in all aspects of the plants operational and strategic decision making, demonstrating a Business Partnering approach.Main missions and results:

• Finance leader for the plant, with direct management of the plant finance team with responsibility training and development of the finance team.
• Commercial finance focus to establish the competitive profit levels for all customers and products for current and future business integrated into the plants LRP (5 years business outlook).
• Responsibility for the plants Income Statement and Balance Sheet.
• Lead and develop the Finance departments activities so that the plant delivers financial reports on schedule and within quality standards.
• Co-ordinating shared service inputs into the plant financial statements with responsibility for impact on plants Income Statement and Balance Sheet.
• Deliver accurate and complete financial data throughout the monthly finance cycle (forecast - flash - close) in-line with corporate timetable.
• Monitor key performance measures against agreed targets and detail as part of weekly and monthly reviews, communicate financial performance to GM and plant team to drive and support achievement of financial objectives.
• Complete variance analysis.
• Calculate and report accurate and complete financial data for customer and product profitability analysis with focus on DVP (direct variable profit).
• Review and approve price changes and calculate impact on material margin, ensure profit levels do not deteriorate.
• Ensure DSS (Direct source supply) sales and material pricing is aligned to customer agreement. Ensure this alignment is maintained during changes, including impact on retrospective price changes.
• Review and challenge all labour and overhead costs with plant team to drive down costs.
• Identify continuous improvement costs reductions.
• Prepare capital investment appraisal and participate in regional capex reviews.
• Full responsibility for plants budget and LRP generation and updates, co-ordinate plant inputs, lead financial reviews and support GM with financial analysis and presentations.
• Review and approve the plant Balance sheet reconciliations monthly, ensuring they are completed on time, accurately and with full financial integrity.
• Accounting for monthly close and forecast to US GAAP and with compliance to company I-Cap policies for management accounting submissions into HFM.
• Accounting for monthly close in local GAAP to support legal entity statutory financial accounts with compliance to local legislation.
• Submission of statutory financial accounts, country tax and corporate filing.
• Responsible for supporting internal and external audits and ensuring that data is provided in-line with audit timelines.
• Submission of 13 week cashflow each week with clear understanding of underlying inputs.
• Monitor AR balance accuracy with focus on aged receivables to ensure collection of debt.
• Monitor AP and GRNI balances accuracy with focus on ageing profile.
• Ensure two inventory physicals are completed each year accurately and completely with variance to book stock reconciled.
• Calculation of standard costs annually.
• Support commercial sales team on new business quotations and current program changes to drive.
• Attendance in all Key meetings.

Preferred Skills and Experience:

• Fully Qualified: ACCA, CIMA, ICAEW or Qualified by Experience

• Background in the manufacturing and or automotive sectors.
• Bachelors degree in Finance / Accounting or relevant degree.
• Knowledge of SOX applications & requirements.
• Fluent in English. Fluency in other European languages would be an advantage.
• Technical, functional expertise (in the field of controlling / management accounting).
• Very good knowledge of MS Office tools (especially Excel).
• Excellent communication across finance and non-finance.
• Strong financial and analysis skills.
• Ability to work effectively with personnel across borders and functions.
• Must be able to manage several tasks/activities across several different teams that are occurring at the same time.

RemunerationSalary £80-85,000 pa (pro rata).Hours: Monday to Friday - 37.5-hour week.Office based.Holidays; 25 days plus bank holidays pro rata.