Financial Controller

Job Description

Our client, a renowned global manufacturer of Power Drive System solutions, is seeking a talented Financial Controller to join their team in Norwich.

As a leading player in the industry, this company offers a diverse portfolio of products, including motors, inverters, generators, power supply batteries, transformers, and more. With a global footprint and a commitment to excellence, they are looking for individuals who share their dedication to delivering cutting‑edge solutions.

Location:

Onsite working in Norwich, UK

Language:
English AND Chinese

Responsibilities

Financial Planning and Reporting:

Financial Planning and Analysis

• Developing and overseeing budgets and financial forecasts.
• Conducting variance analysis to compare actual performance with budgeted figures, including cost centre expense.
• Analyzing financial data to identify trends, inefficiencies, and opportunities for cost savings.

Financial Reporting

• Preparing and presenting accurate and timely financial reports, including income statements, balance sheets, and cash flow statements.
• Ensuring compliance with local financial reporting requirements.

Internal Controls and Compliance

• Establishing and maintaining robust internal control systems to safeguard assets.
• Ensuring compliance with financial regulations and standards.
• Coordinating audits (internal and external) and implementing audit recommendations.

Operational Support Production Control

• Analyzing production data to identify bottlenecks or inefficiencies in the manufacturing process.
• Collaborating with APU managers to develop solutions for scrap, rework, OEE, productivity and efficiency.

Supply Chain and Purchase Control

• Evaluating the financial impact of supply chain decisions, such as sourcing materials from different suppliers or changing logistics partners.
• Working with the procurement team to negotiate better terms with suppliers and optimise the supply chain to reduce costs and improve reliability.

Cost Reduction Initiatives

• Identifying areas where costs can be reduced without compromising quality or production capabilities.
• Implementing lean manufacturing principles, such as reducing waste, improving process efficiencies, and enhancing workforce productivity through targeted training programmes.

Capex Control

• Assessing the financial viability of proposed capital projects, such as new equipment purchases or facility upgrades.
• Conducting cost‑benefit analyses, projecting the return on investment (ROI), and providing recommendations to management on whether to proceed with the investment.

Inventory Control

• Ensuring accurate inventory accounting and overseeing physical inventory counts.
• Analyzing inventory turnover rates and identifying slow‑moving or obsolete inventory, working with the supply‑chain team to optimise inventory levels and reduce carrying costs.

Cross‑Functional Collaboration

• Acting as a liaison between the finance department and other departments to ensure financial considerations are integrated into daily operational decisions.
• Facilitating regular financial review meetings with cross‑functional teams to discuss financial performance and operational issues.
• Supporting new product development, including cost estimation, pricing strategies and profitability analysis.

Requirements

• Honesty and integrity with a respective manner.
• Bachelor or higher academic degree with major in finance, accounting or other similar disciplines.
• 5+ years of finance working experience in manufacturing.
• ERP skills, e.g. SAP FI/CO.
• Strong Microsoft skills.
• Excellent writing and communication skills in English and Chinese.

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