Location
High Wycombe, Buckinghamshire | United Kingdom
Job description
Oxford Instruments is a leading company in the field of high-tech tools and systems for research and industry. Founded in 1959, we specialise in the design, manufacture and support of various scientific instruments and solutions, used in diverse areas such as materials science, nanotechnology and industrial applications. Oxford Instruments has played a significant role in advancing scientific knowledge and technological progress through our cutting-edge instruments and solutions.
We are seeking a qualified Finance Controller to join the finance team based in High Wycombe. The role of the Finance Controller is to provide meaningful financial information and advice to Business managers in order to facilitate sound business decisions.
What is in it for you?
At Oxford Instruments, we put our people at the heart of all we do. We embody our values of: We are Inclusive , we are Innovative , we are Trusted, and we are Purposeful . As an employee of Oxford Instruments, you will be given the development and mentorship to succeed, an environment that breeds authenticity and curiosity. At OI, you will find a diverse array of people, with varying backgrounds, experience and perspectives, enabling you to learn from a range of different people.
In addition, we also offer a comprehensive benefits package to include: 12:30 Friday finishes, BUPA private health insurance, dental insurance, group pension, cycle to work, tech and care schemes, as well as give as you earn and option to purchase shares, numerous discounts and 25 days holiday.
The role responsibilities are as follows:
Responsible for preparation of UK accounts:
- Manage the UK Finance Team including cost accountant, assistant accountant and trainee accountant
- Produce accurate site management accounts & upload to consolidation reporting system (Cognos Controller)
- Produce commentary and analysis to support the monthly accounts
- Review revenue and margin analysis reports based on product/region/segment on a monthly basis
- Regular review of stock and stock provisions
- Review and approve all balance sheet reconciliations on a monthly basis
- Manage UK expense process for HW site (outsourced function)
- Liaise with auditors to complete the interim and full year audit. Support Group Finance with any additional queries for the statutory accounts.
- Review monthly Visual Management KPI data
- Review weekly orders forecast and budget.
- Produce weekly revenue forecast – ensuring shipments are cleared by the overseas offices in a timely manner
Budgeting and planning:
- Produce the orders budgets and the full P&L, Balance Sheet, Cash Flow and FX budget
- Forecasting cash & FX on a quarterly basis
- Support to develop the 5 year plan on an annual basis
Support:
- Actively support R&D process working closely with project managers and business managers on project/product investment evaluations
- Actively encourage and engage in continuous improvement activities both in the finance team and in the broader business
- Work closely with operations to ensure appropriate controls in place on a day to day business including inventory controls, cycle counting and stock valuation
- Support other regular and one-off business decisions using appropriate techniques (e.g. sensitivity analysis, investment evaluation techniques, etc)
- Proactively provide regular and ad hoc financial information, analysis and business advice to managers.
- Coach and support managers with financially-based analysis and decision making
- Maintain effective working relationships with budget holder managers within the business.
We’d love for candidates applying to have the following:
- Fully qualified accountant
- Experience of success as the management accountant in a complex, international business.
- High professional integrity.
- Highly developed numeracy and analytical skills.
- Experience of consolidation, budgeting and forecasting.
- High degree of practical, commercial awareness, hands on approach
- Develops well thought-through plans to deliver their part of the top level plan
- Sets clear standards for performance and challenges people and themselves to achieve results with pace and discipline, managing poor performance and taking tough decisions where required
- Communicates, delegates and motivates effectively, providing support and engaging people on an emotional level
- Investigates external and internal customer needs and looks for opportunities to meet these
- Applies their professional / technical skills to meet their objectives
- Ensures that technical developments and other activities are clearly linked to commercial and financial outcomes and explains this requirement to their people
- Finds ways to contribute recognising when to involve others and solves problems themselves or through their teams
- Anticipates events in the short and medium term and their impacts on people and the business, taking action to avoid problems
- Works with others as a team to ensure an integrated, and where appropriate, cross-functional, approach to effective decision making
- Manages area effectively (performance vs objectives)
- Key customers are satisfied
- Has identified opportunities to improve processes and / or profitability and has planned and implemented changes
- Demonstrates a good understanding of the competition, the OI business environment and its financial drivers
- Takes an active interest in all parts of the business and contributes to strategy development
Our selection process:
Upon applying, our recruitment team will assess your application against our role requirements. An initial call with our Talent Acquisition partner will take place, to give you some more insight into the role and to gain more understanding of your experience and motivations. Next, we will invite you for an interview, which usually takes place via Teams, with the second interview taking place on-site.
Job tags
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