Financial Controller

6 days ago

Reading, Reading, United Kingdom Occuity Full time

About Occuity

At Occuity, we are pioneering cutting-edge technological solutions to alleviate some of humanity's greatest healthcare challenges by developing innovative diagnostic devices that take instant health information from the eye. With our clear vision and values, a world-leading team of experts, and multiple international patents, we are developing a range of products that will improve the lives of millions of people worldwide.

The Role

We are seeking a part-time Financial Controller to oversee the collection, analysis, and consolidation of financial data to ensure the effective management of our company's finances. The Financial Controller will also ensure that the necessary financial processes, systems, and controls are in place and in line with statutory requirements to drive the development of our portable, hand-held diagnostic medical devices.

Key Responsibilities

  • General oversight and management of all accounting operations, including billing, accounts receivable, accounts payable, cost accounting, inventory accounting, and revenue recognition.
  • Ensuring the implementation of appropriate financial controls ahead of our anticipated rapid scale-up.
  • Co-ordination and preparation of budgetary and financial forecasting.
  • Development and maintenance of necessary business processes and accounting policies to maintain and strengthen internal controls.
  • Ensuring quality control of financial transactions and financial reporting.
  • Liaising with external auditors to ensure a smooth annual audit and R&D claim process.
  • Management of other regulatory reporting.
  • Ensuring compliance with all regulations and flagging any accounting issues for compliance purposes.
  • Evaluation and management of all risks relating to the financial operations of the company.
  • Oversight of all tax preparation and liaison with external tax accountants (where applicable) for tax preparation purposes.
  • Overseeing the international financial activities of the company in relation to overseas jurisdictions, suppliers, and clients.
  • Provision of accurate and comprehensive financial information to the board and other senior stakeholders within the business to guide effective policy and strategic decision-making.
  • Analysis of and reporting on financial trends within the business and reporting of any variances as they arise.

Requirements

  • Education to degree level in accounting, economics, finance, or a related field.
  • 7-10 years' general accounting/finance experience.
  • Minimum of 3 years' experience at Financial Controller level.
  • Previous experience leading financial teams and overseeing a company's financial control and reporting activities.
  • In-depth knowledge of accounting principles, processes, and procedures and financial best practice.
  • Significant experience in budgeting and financial forecasting.
  • In-depth experience in the preparation and creation of financial statements and accounts.
  • A strong understanding of tax codes and laws.
  • Experience of working in ex-UK markets, together with an appreciation of international regulations, tax law, and currencies.
  • Previous experience liaising and working with external auditors.
  • Knowledge of and practical experience in change best practice.
  • An effective communicator with a solid background in liaising with senior management and other key stakeholders up to and including C-suite.
  • Experienced in the use of financial and accounting software.
  • First-class organisation and administration skills.

Desirable

  • ACA, ACCA, CIMA, or ICAEW qualification, or an MBA/Masters degree in Accounting would be highly desirable.
  • Previous experience working in a start-up/rapid scale-up entity would be considered beneficial.
  • Previous experience with XERO and/or Unleashed would be advantageous.
  • Previous experience in a managerial accounting position would be desirable.
  • A background in or appreciation of a corporate finance environment would be considered useful for this role.

Personal Attributes

  • Enthusiastic and passionate, you are a keen analytical thinker and problem solver.
  • Self-motivated, persistent, and collaborative, you have a 'can-do' attitude and approach.
  • A keen eye for detail.
  • Tenacious and persistent with a determination to go the extra mile to see all projects through to completion.
  • Equally capable of working independently or as part of a team.
  • An excellent communicator, you are adept at information sharing and contributing towards an open, positive team atmosphere.
  • You are excited about the prospect of making a real difference to people's health around the world.

Equality & Diversity

Occuity is committed to encouraging equality, diversity, and inclusion among our workforce, and eliminating unlawful discrimination. The aim is for our workforce to be truly representative of all sections of society and our customers, and for each employee to feel respected and able to give their best.

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