Financial Controller
Nr ref.: FC/Warsaw23
Our client international service company seeks an experienced Financial Controller.
Key Responsibilities
Core Finance
- Ensure general ledger and financial statements are complete and accurate.
- Ensure that payables, receivables, and invoicing functions are complete, accurate and fully reconciled.
- Ensure the adequate and effective billing and collection process.
- Establish and maintain strong controls around credit collections. Monitor debtor levels and proactively lead discussions to ensure debt is collected timely.
- Establish a robust system of control for the purchase of goods and services.
- Ensure we are getting the best value for money from suppliers by implementing the procurement policy.
- Maintain the fixed asset register and ensure adequate treatment of acquisitions and disposals.
- Ensure general ledger reconciliations including deferred income and cash and relevant Balance Sheet accounts are performed.
- Design, maintain and enforce a robust internal control system and compliance environment for all functions and maintain a documented system of policies and procedures.
- Responsibility for ensuring that local cash management is optimised.
- Liaise with banks, audit, legal and tax providers as necessary. Comply with government reporting requirements and tax filings.
- Ensure we always have adequate insurance cover.
- Work closely with HR on people related processes such as payroll, performance evaluations, annual salary increments.
- Make sure finance system users are trained and are using the systems correctly and to their full potential.
Financial Reporting
- Ensure the timely reporting of all monthly and annual financial information per the reporting timetable, including KPI reporting.
- Prepare monthly budget variance reports and work on corrective actions to ensure the budget is met.
- Conduct monthly review of actual expenditure for capital projects versus approved budget spend, highlight deviations and implement controls to avoid overspend.
- Co-ordinate and ensure accurate reporting of cash collections and debtors reporting.
- Establish processes to ensure accurate data collection and review of monthly KPI data , enrolments and headcount.
Financial Planning & Analysis
- Co-ordination of the annual budget and bi-annually P&L forecasting process , ensuring a comprehensive understanding of the underlying assumptions and communication with all functional areas.
- Work on mitigation plans for any underperformance.
- KPI and performance monitoring to identify any areas for improvement
- Assist the group with gathering data and preparing reports for key personnel as requested.
- Support the utilisation of PBCS Planning & reporting system.
- Support the Annual Fee Setting process.
- Produce monthly cash flow statements versus budget and forecast cash projections, to ensure we have adequate funding and assess the impact of significant cash outflows on cash forecasts.
- Provide financial analysis for decision support including capital investments, pricing decisions, and contract negotiations.
Operational & Commercial Support
Undertake such other reasonable responsibilities and tasks that may, from time to time.
Skills, Qualifications and Experience
The successful candidate will need to have a minimum 5 years’ accounting and finance operational experience in a commercial environment. They will be a self-starter who uses initiative, can manage a varied workload, is deadline driven and has the commitment to seeing a change process through from start to finish.
- Qualified accountant (ACCA, ACA or equivalent)
- Strong technical accounting skills including a good knowledge of IFRS
- Strong budgeting/forecasting experience
- Strong interpersonal skills with the ability to build relationships at senior levels and wider organisation and influence key stakeholders
- Excellent written and verbal communication and influencing skills
- Flexibility, multi-tasking mindset and an ability to deal with shifting priorities
- Comfortable managing a variety of financial (group and regional finance, bank, auditors, tax etc) and non-financial stakeholders
- Advanced Excel skills
- Demonstrable understanding of working with information systems and implementing ERPs
- Fluent in written and spoken Polish and English