The UK Financial Controller [UK FC] is responsible for the financial management of the operating activities of the UK divisions, namely Sales, Manufacturing and Group Services. This is a senior role within the CPL global finance team and will work closely with the CFO, Group FC, senior management of the UK Divisions and other members of the global finance team. A key aspect of the UK FC role is to be actively involved in the current D365 & CRM implementation as they relate to the UK business. This role will be the primary day to day finance contact for the UK divisions.


Commercial

  • Support the Sales division in driving sales opportunities and establishing sales targets
  • Provide Margin control and analysis to the sales division
  • Work with the Sales Division to establish, and manage all 3rd party Agents and Distributors relationships
  • Promote margin maximisation initiatives across the divisions
  • Ensure effective commercial processes are in place covering, prices, credit limits, credit terms order management
  • Run weekly debtors/collection meetings with the Sales division
  • Ensure customer’s collections are activity managed and the AR ledger is kept current
  • Improve the data accuracy of AR assignments to account managers and analysis customer and future product categorisations that are introduced.
  • Collaborate with the management of the UK divisions in achieving objectives
  • Ensure all supplier & customer contracts are appropriately negotiated, administrated, accounted for and controlled
  • Develop appropriate profitability, value chain analysis, cost & productivity models for the UK Divisions
  • Challenge profitability and costs to drive a profit optimisation approach across the UK Divisions
  • Ensure all new capex for the UK divisions is supported with a business case and cost benefit analysis and subsequently tracked against approved capex and benefits.

Control

  • Maintain and continuously improve the financial controls for the UK Divisions
  • Responsible for the UK Division’s external audit, liaising with auditors and providing complete and timely inputs to the Group Audit
  • Ensure the UK divisions adhere to the global authority matrix
  • Act as insurance point of contact for the divisions, and coordinate with Group Finance on renewals & claims.
  • Ensure suitable segregation of duties is maintain within the UK finance team including journal posting
  • Act as lead for all UK Finance related ERP developments, implementations, testing, training and user acceptance
  • Define and document suitable process maps and controls for all Financial operations in line with Group Policies
  • Perform monthly balance sheet reconciliations, including intergroup accounts, to ensure a clean balance sheet position is reported on a monthly basis
  • Coordinate with Group Finance for accounting standards, and Group Services cost accounting.
  • Provide the necessary input to the Group’s transfer pricing requirements including cost and activity inputs for the management fee recharges to the group.
  • Responsibility for Payroll, P11ds, VAT, Duty reporting, filing and compliance for the UK legal entity
  • Responsibility for compliance to UK Government changes to VAT, making tax digital, IR35
  • Management of the UK’s workplace pension arrangements and participation on the governance committee.
  • Control the various property leases, service charges, rates, and service provider contracts for the UK legal entity
  • Support the annual tax return & RDEC requirements and process for the UK legal entity working with the CFO & GFC
  • Management of the UK’s company credit card process, taking guidance as necessary from the CFO on improvements and bank requirements.
  • Manage the CPL Aromas LTD bank accounts in conjunction with Group Finance
  • Manage the UK company car arrangements in conjunction with HR policy.
  • Manage the Petty Cash process and requirements for the UK based staff.

Reporting, Analysis, & Forecasting

  • Adhere to the group finance timetables and requirements
  • Provide timely, accurate and relevant performance reports to the UK Divisions
  • Undertake investigative analysis into performance variances
  • Provide insightful commentaries to support management reporting
  • Lead all UK divisions forecasts processes in keeping with Group requirements
  • Establish efficient record to report processes to deliver on time and in full financial reports
  • Utilise the group’s reporting and consolidation software as required
  • Ensure all intercompany transactions and balances are maintained, reconciled and agreed in line with group policies
  • Collaborate with Group Finance on developing reporting standards and catalogues
  • Maintain an accurate and complete cashflow forecast for the UK legal entity in line with group requirements
  • Provide as required all inputs in Group Finance and ensure Power BI reports are actively used/updated

Business Partnership

  • Support the management teams of Group Services functions, UK Manufacturing and UK Sales Divisions with financial management, provision of financial information, and decision support analysis

Management

  • Day to day management & motivation of the UK Finance team
  • Ensure relevant job descriptions and objectives are set for the team.
  • Hold frequent and regular performance reviews with staff
  • Ensure the UK finance team leave schedule is managed appropriately
  • Define and implement development plans for each team member
  • Ensure the team are briefed on wider company business
  • Undertake cross function & cross division projects and responsibilities in keeping with group needs
  • Be an active member of the global finance team

The ideal candidate will have:

  • A Professional accounting qualification
  • Manufacturing experience
  • Substantial D365 ERP experience in a Manufacturing setting
  • Strong working knowledge of Payroll, VAT, Duty, IPR, tax, pensions, FRS102 and other statutory requirements
  • Experience of working in a group of companies
  • Demonstrable management and leadership experience
  • Proven exceptional abilities in process management and working with detail
  • Effective written and verbal skills
  • Excellent Presentation skills
  • Ability to work autonomously
  • Ability to manage multiple and competing priorities.
  • A solution orientated attitude.