Financial Controller - Commercial

Manchester

£60,000 + annual bonus

Are you experienced in managing cash flow or have a solid treasury background? This hands-on role is perfect for someone who thrives in a fast-paced environment and loves to make a difference. Alongside the Group Treasurer you'll play a key part in overseeing cash management for a large business with high transaction volumes. It's a rewarding role for someone who wants to make a real impact on the company's financial health and someone that doesn't backdown to a challenge.

As Commercial Financial Controller you will be responsible for managing and optimising the cash flow of the business to ensure that financial resources are available to meet the organisation's strategic objectives. This role is heavily involved in cash forecasting, working capital management, liquidity analysis, and financing activities to maintain a healthy cash position. The ideal candidate will work closely with the finance team, operational departments, and senior management to enhance cash flow visibility, improve cash management practices, and support business growth.

Key Responsibilities

• Oversee the daily cash flow management of the business, ensuring sufficient funds are available to meet both short-term and long-term financial obligations.
• Develop and implement cash management strategies to optimise cash reserves and reduce reliance on external financing.
• Monitor and forecast cash requirements, analysing inflows and outflows to ensure liquidity aligns with business needs.
• Drive working capital improvement initiatives, focusing on optimising accounts receivable, accounts payable, and inventory levels.
• Collaborate with the Accounts Receivable and Accounts Payable teams to enhance collection and payment strategies, reducing Days Sales Outstanding (DSO) and Days Payable Outstanding (DPO).
• Prepare accurate, timely cash flow forecasts on a weekly, monthly, and annual basis, incorporating insights from operational departments.
• Perform variance analysis on cash flow forecasts to identify risks and opportunities, adjusting forecasts as necessary.
• Prepare cash management reports and present findings to the CFO and senior management, highlighting key insights and recommended actions.
• Manage banking relationships, optimising bank charges and ensuring that all banking transactions are carried out efficiently.
• Administer corporate credit facilities, ensuring compliance with financial covenants and negotiating renewals or new facilities when needed.
• Oversee electronic fund transfers, payments, and other banking activities to ensure accuracy and compliance with financial policies.

Required Skills & Qualifications

• ACCA/CIMA qualification or highly experienced in a similar role.
• 5 years of experience in finance, with a strong focus on cash management, treasury, or working capital management. Experience in a commercial finance or controller role is a plus.
• Proficiency in financial modeling, cash flow forecasting, and advanced Microsoft Excel skills. Familiarity with ERP systems (and cash management software is preferred.
• Excellent communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams and present complex financial information clearly.

Benefits

Reap the rewards of a hybrid model with just 3 days in the office and 2 days working from home, 33 days holiday and the chance to become part of a large organisation that supports your career development and growth.

For further details please contact Gemma