Elevation Recruitment Group
Finance Manager
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OSL Cutting Technologies - Finance Manager Opportunity
Elevation Recruitment Group is exclusively partnering with OSL Cutting Technologies, a Sheffield-based engineering and manufacturing business with a heritage dating back to 1865. The company, known for its high-quality metal-cutting tools under brands like Rotabroach and Unibor, is entering an exciting new phase and seeks a new Finance Manager.
About the Role
OSL Cutting Technologies is a renowned international business specializing in the design, manufacture, and distribution of metal-cutting tools. As the company sharpens its commercial focus, maximizing profitability, and emphasizing sales, distribution, and customer-facing activities, this Finance Manager role presents an excellent opportunity to join at a pivotal time. The role will be instrumental in transforming current processes and systems, making it ideal for someone who enjoys involvement in such projects.
Key Responsibilities
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Financial Reporting:
- Prepare and review accurate monthly management accounts and board reporting packs.
- Provide insightful variance analysis and commentary against budget and forecast.
- Review balance sheet reconciliations, P&L analysis, and fixed asset accounting.
- Lead year-end audit preparation and act as the key finance contact for auditors.
- Review management accounts and provide feedback, coaching, and support to the wider finance team.
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Leadership & Mentoring:
- Lead daily finance team meetings, monitoring KPIs, workload, and priorities.
- Coach and mentor team members, supporting skills development and cross-training.
- Conduct regular one-to-ones and performance reviews.
- Manage holiday cover to ensure effective continuity across the finance function.
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Financial Control:
- Maintain a robust financial control environment and ensure key SOPs are maintained and followed.
- Own the month-end close process across all NetSuite ledgers.
- Oversee purchase and sales ledger controls, including supplier/customer onboarding, reconciliations, credit control, and payment runs.
- Monitor credit risk, bad debt provisions, and customer credit limits.
- Ensure effective bank reconciliation and payment controls.
- Oversee inventory controls, including stock counts, reconciliations, slow-moving stock, scrap, and stock adjustments.
- Support standard costing, inventory variance analysis, and ongoing process improvements.
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Budgeting & Forecasting:
- Monitor departmental spend and work with budget holders to drive budget adherence.
- Support the annual budgeting and forecasting process.
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Compliance:
- Ensure compliance with VAT, Corporation Tax, customs, audit, and wider Group reporting requirements.
- Support internal and external audit processes and provide accurate information within required deadlines.
Benefits
- Salary up to £65,000 (Dependent on experience)
- 25 days' holiday + bank holidays
- 4% matched employer pension contribution
- Free EV charging on site
- On-site gym
- Friendly, collaborative, and supportive working environment
- Opportunity to join a business undergoing an exciting period of positive change
- Genuine opportunity to influence company performance and future growth
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Ideal Candidate
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Qualifications:
- ACA / ACCA / CIMA Qualified (or Qualified by Experience where appropriate)
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Experience:
- Experience in a manufacturing or stock-based business
- Team management experience
- Budgeting and forecasting experience
- Good business partnering skills with the ability to deal with both financial and non-financial stakeholders
- Good IT/Systems knowledge (Especially with ERP Systems)
- Inventory accounting
- Cash flow experience
- Inquisitive nature
- Good commercial acumen
This is an opportunity to join an established Sheffield business with globally recognized brands, a strong industrial heritage, and an exciting commercial future. With distribution operated from its Sheffield base and products sold internationally, OSL combines the stability and heritage of an established manufacturing group with the opportunity to make a tangible impact within a business that is actively evolving.
For the right individual, this role offers the chance to become a trusted finance partner, influence decision-making, and help shape the next stage of OSL's growth.
Interested? Please contact Simon Ensor to register your interest in this rare and exciting opportunity. Please note: As we are acting as retained partners with OSL on this vacancy, all applications, including those received directly or via other channels, will be managed through Elevation Recruitment Group.
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