European Controller

1 week ago

London, Greater London, United Kingdom Veranex Full time £60,000 - £120,000 per year
Position Title: European Controller

Reports To: Corporate Controller

Exempt
Position Summary
The European Controller is responsible for the oversight of all finance, accounting and reporting activities, including coordination of monthly and annual consolidated financial statements, prospective reporting for planning purposes, and management of the accounting team and its staff for European operations. The European Controller leads all day-to-day finance operations including responsibility over project accounting and invoicing, accounts receivable, accounts payable, and payroll.
Responsibilities and Duties
  • Manage and oversee the accounting system, including internal controls
    • Responsible for the design and maintenance of the accounting function to ensure separation of duties and strong controls
    • Monthly journal entries and account reconciliations are performed
    • Close monthly books
  • Manage the accounting team
    • Lead accounting team meetings
    • Manage team workload
    • Review team's work and serve as subject matter expert
  • Financial reporting
    • Review and monitor financial performance within NetSuite to ensure that the financials are updated and accurate
  • Financial forecasting
    • Forecast revenues and cost of sales based on projects in place as well as projects that will be signed (pipeline revenues)
    • Forecast expenses based on historical figures as well as prospective spending plans
  • Oversee cash flow and cash management using NetSuite and online business bank accounts
  • Support Financial Summaries for quarterly review
    • Past quarter financial review
    • Forward looking financial forecast
  • Financial office management
    • Reconcile interoffice activity
    • Ensure compliance with local statutory reporting requirements
    • Quarterly VAT filing/review
    • Work with local accounting firms on annual financial reporting and tax filings
  • Compensation
    • Support all employee comp and special payments
    • Support annual reviews and compensation budgeting
    • Support year end profit sharing and bonus review
  • Oversee Accounts Receivable
    • Project invoicing review
    • Monthly revenue recognition support
    • Oversee timely purchase order requisition
    • Oversee collections
  • Oversee Accounts Payable
    • Review proper expense coding among several dimensions (chart of accounts, projects, business units and office locations)
    • Ongoing cost containment strategy
  • Liaison to external CPA/tax advisor regarding tax and financial statement matters
  • Process improvement, documentation of work
  • Manage Banking relationship and compliance

     
Education, Skills, and Experience
  • Advanced degree in Accounting
  • Chartered Accountant and/or CPA certification
  • Experience translating financials from IFRS to US GAAP
  • Experience operating in an ERP, preferably NetSuite
  • Controllership experience in a private company, or auditing experience, preferably with a multi-national company
  • Knowledge of internal controls
  • Cash and revenue forecasting
  • Knowledge of management accounting
  • Knowledge of tax planning and financial planning
  • Manage and operating financial aspects of multiple offices
  • Ability to prioritize workload and manage competing priorities
  • Ability to work independently, as a self-starter, and to collaborate with cross-functional teams


Supervisory Responsibilities
  • Supervises staff, including hiring, scheduling and assigning work, reviewing performance, and recommends salary increases, promotions, transfers, demotions, or terminations.
  • Manages others through subordinate supervisors.

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