Interim Financial Controller
2 weeks ago
Be visionary
Teledyne Technologies Incorporated provides enabling technologies for industrial growth markets that require advanced technology and high reliability. These markets include aerospace and defense, factory automation, air and water quality environmental monitoring, electronics design and development, oceanographic research, deepwater oil and gas exploration and production, medical imaging and pharmaceutical research. We are looking for individuals who thrive on making an impact and want the excitement of being on a team that wins. Job Description Job Purpose: The Financial Controller will oversee all financial matters pertaining to Teledyne CML Composites, including US GAAP based on monthly accounts, provision of rolling forecasts and business plans based on UK & US businesses. The successful candidate will have a previous proven record of working automonosly across the wider business functions. The General Manager is often remote requiring a close level of communications to ensure issues and opportunities are dealt with in a timely manner. Key Responsibilities:- To implement/support new systems in accordance with corporate requirements
- To ensure the internal control environment is in place and controls are operating effectively and in accordance with documented procedures required for SOX
- Support, assist, and where necessary deputise for General Manager.
- Review monthly management accounts prepared by financial accountant and ensure timely circulation of Key Performance Indicators and variances against budget and forecasts, optimising information content for non-financial users
- Control managed working capital and maximise cash generation
- Work with Department Heads to provide measurement and monitoring of each department's performance, supporting lean initiatives by analysing daily/weekly data to ensure optimal shop floor performance
- Ensure provision of weekly manufacturing efficiency and poor performing job data to GM and management team
- Monitor and control of costs, ensuring costing system accuracy
- Contract review to include initial customer credit review, pricing and margin assessment, FX impact including embedded derivative status and payment terms
- Liaise with external agencies e.g. auditors, HMRC etc.
- Liaise with internal audit team
- Ensure all corporate deadlines are adhered to
- Ensure all necessary data is provided for annual tax returns, maximising tax relief
- Recommend courses of action which ensure that profit opportunities are maximised
- Maintain the optimum use of the MIS system
- Manage, motivate and ensure the training and development of the Finance department
- Establish strong communication channels with senior US segment management and UK head office
- Travel as necessary, to other Teledyne UK & International locations
- As part of the SMT, contribute to the delivery of short term, and construction of long term business strategy
- Recommend courses of action with ensure profit opportunities are maximised, either arising from known changes, to environmental matters of specific financial nature, or from any other reason
- Manage, motivate and ensure the training and development of self and other team members
- Ensure corporate and professional standards of ethics are adhered to
- Participate in, and contribute to the strategic issues of the company
- Professional management skills
- Effective communicator
- Pro-active approach to all tasks
- Self-motivated and able to use initiative
- Accuracy and good attention to detail
- Integrity and reliability
- Innovative and responsive
- Wellbeing and Health & Safety conscious
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