Electrosonic
Financial Controller
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Electrosonic is where imagination comes to life! Founded in 1964, Electrosonic is an international audio-visual and technology services company that designs, builds, and supports innovative solutions creating lasting experiences where people live, work and play. At Electrosonic, we're on a mission. A mission to design, build and support innovative technology solutions that create lasting experiences where people live, work, and play. We're looking for passionate, dedicated game changers to join our team and drive the future of Electrosonic. Think you have what it takes? Read on...
The Position
The EMEA Financial Controller reports to the Group Financial Controller and is responsible for leading daily accounting operations and ensuring accurate, timely financial reporting in accordance with UK GAAP and company policies. Overseeing all accounting operations including billing, accounts receivable, accounts payable, general ledger, fixed assets, prepaid expenses, Job costs, inventory accounting and accrual process.
What will you be doing?
Financial Reporting
- Monthly management reporting – Manage and oversee the month, tertiary and annual close process, timelines, deliverables, communicating with all stakeholders, analyzing results and discussing with business leaders and preparing Flash reports
- Annual financial reports – Oversee the process and final annual reports for management and external stakeholders
- Budgeting and Forecasting – Working with the CFOO, Group Financial Controller and business leaders on annual budget, cash forecasts and monthly P&L forecasts. This will include managing the process, data gathering and sharing, providing analysis, managing system updates and reporting
- Responsible for preparing and maintaining weekly cash flow forecasts, monitoring project budgets, and managing project-related financial activities to ensure effective cash management
- Financial Risk Assessment: Conduct thorough financial risk reviews on projects to ensure compliance with company policies and risk tolerance before contract signing, identifying potential financial exposures and recommending mitigation strategies
- Finance Representation: Serve as the finance representative on the Europe management team, providing financial insights, supporting strategic decision-making, and ensuring alignment with overall business objectives and financial policies
- Lead R&D credit applications, liaising with business operations to ensure back-up and supporting documentation is provided to our external advisors for timely submission of claims for R&D credits.
- Review deliverables performed by team members and shared services, providing guidance and oversight
- Serve as a key resource and subject matter expert for accounting matters
- Resolve critical issues, exercise sound judgement and ensure timely communication and escalation when necessary
- Lead and support continuous process improvements within accounting including identifying opportunities within each line of business through genuine, engaged collaboration with other managers
- Drive accountability across departments involved in the close and reporting processes
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Project Accounting
- Manage the monthly Work in Progress (WIP) close process within the ERP system
- Participating in monthly Project Status review meetings with Operations
- Preparation and finalization of month-end projects forecasts and ensure accurate revenue and cost recognition in accordance with company policies
- Partner with business teams to reconcile project level financial results
Compliance
- Audits – Serves as the primary point of contact for external auditors in managing the annual audit process
- Provide training and support to finance and other team members to ensure understanding and adherence to processes and policies
- Research technical literature for finance and regulatory compliance
- Corporate and VAT – Managing the corporate taxes in conjunction with external tax firms; and VAT routine filings, payments and responding to related questions
- Banking relationships – Maintain relationship with bank and compliance with loan covenant requirements
Internal controls
- Develop and implement standardized finance policies and procedures to ensure consistency and compliance across the organization
- Foster a culture of continuous improvement and innovation within the finance organization, encouraging team members to contribute ideas and feedback for enhancement
- Leadership – Be a leader to the finance team, defining goals, guiding members, removing hurdles, aligning with other groups in the Company and maintaining a great team motivation and morale.
What Experience, Skills and Attributes you will need to be successful?
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- Detailed Oriented: Demonstrates a meticulous approach, with a focus on precision and accuracy in every task and deliverable. Ability to challenge processes to drive improvements, speed, accuracy, automation and relevance of the output.
- Strong Business Skills: Including influencing, stakeholder management, problem solving and presentation skills Able to manage risk, work in ambiguous situations and capable of working with minimal supervision
- Effective Communication and Teamwork: Excel in both written and verbal communication, articulating ideas clearly and adapting communication styles to diverse audiences. Strong team player with excellent people management skills.
- Leadership Capability: Showcase strong leadership skills, inspiring and guiding diverse teams toward shared goals, fostering collaboration and inclusivity.
What qualifications are required?
- Minimum 10 years' experience including managing an accounting department
- Bachelor’s Degree in Accounting & Finance, ACCA / CIMA required
A day in the Life
Inclusive Team Culture
At Electrosonic we embrace our differences. We are committed to furthering our culture of Diversity, Equity and Inclusion. We are an equal opportunity employer that does not discriminate on the basis of race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status.
Work/Life Balance
Our team puts a high value on work-life balance, offering a hybrid work environment, dependent of position. We believe maintaining the right balance between your personal and professional life is important to our team's overall well-being.
Career Growth
We are dedicated to supporting our team members to grow a long-term career with us. We have a broad mix of experience levels and tenures, and we support continuous learning and knowledge sharing.
Compensation and Wellness
The salary range for this role is dependent on skills, experience, and qualifications. We offer a full range of health and wellness benefits.
Come be a part of a Global company that has been recognised for its superior and unsurpassed technology master planning and system integration.
With unique global capability, we deliver highly complex world-class projects, conference room technology, and executive briefing centers across a multitude of sectors.
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