Assistant Financial Controller (UK)
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Key skills for this role
About the Role
The role involves managing finance functions, improving profitability, ensuring financial controls, and requires ACCA/CIMA qualification with FMCG experience.
Key Skills for This Role
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Role Overview
We are looking for a commercially focused Assistant Financial Controller to manage the finance function, improve profitability, and implement strong financial controls across the group.
This is not just a reporting role — the candidate must actively challenge the business, drive cost savings, and ensure financial discipline across all group companies.
Profit Protection & Supplier Management
- Ensure all retrospective rebates and supplier claims are identified, claimed, and deducted correctly
- Actively track missed claims and recover lost margin
- Work closely with buyers and suppliers to maximise all commercial income
- Identify opportunities to extend supplier credit terms
- Reduce reliance on bank facilities and lower interest costs
Cash Flow & Working Capital
- Oversee and manage group cash flow on a daily, weekly, and monthly basis
- Improve working capital by:
- Reducing stock holding
- Improving debtor collections
- Extending creditor terms
- Provide cash flow forecasts and highlight risks early
- Ensure the business maintains strong liquidity and avoids unnecessary financing costs
Financial Control & Reporting
- Produce weekly and monthly performance reports vs budget
- Hold monthly review meetings with business heads
- Provide clear commentary on risks, missed targets, and opportunities
- Ensure:
- VAT returns are accurate and submitted on time
- Sugar tax compliance is correct
- Bank reporting deadlines are met
- Audits are completed efficiently and on time
- Build and maintain reporting dashboards using:
Stock & Buying Discipline
- Monitor stock levels and enforce strict controls:
- No stock to be held beyond 60 days without justification
- Hold buyers accountable for:
- Aged stock
- Slow-moving or dead inventory
- Regularly challenge buying decisions:
- Why products were purchased
- Volume vs sales performance
- Escalate poor decisions to directors where required
Commercial Governance & Controls
- Implement rules for all new product listings:
- Sell-or-return agreements where possible
- Mandatory listing fees / marketing contributions from suppliers
- Ensure all new brands meet minimum commercial criteria before onboarding
Team & Business Oversight
- Manage UK finance team and improve processes
- Work across all group companies to ensure financial discipline and performance
- Push business managers for results and accountability
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