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⚡ Source: ReedRef: 56816084

Financial Controller

CORECRUITMENT·London·Posted 1 week ago
💰 £85-95k/year
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Job description

Original text imported from Reed

We are working with one of the top players operating in the catering industry. They have been providing thousands of meals across the country for generations, and have recently expanded to a power house of the sector.

This is a pivotal new position within the business. The company is seeking a hands-on, commercially astute Financial Controller to take full ownership of its financial operations. The role will act as a true business partner to the Board, responsible for delivering insightful management accounts, supporting commercial strategy, and providing the leadership required to build and mentor a high-performing finance team.

This is a hybrid role, combining core controllership responsibilities—such as management accounting and reporting—with a more strategic, forward-looking commercial focus.

Key Responsibilities

Financial Control & Reporting

  • Assume overall responsibility for the company’s accounting function, including the delivery of accurate and timely monthly management accounts, complete with detailed variance analysis and Board-level commentary.
  • Lead the annual budgeting process and rolling forecasts, aligning financial targets with the Board’s strategic objectives.
  • Oversee all aspects of financial management, including accounts payable, accounts receivable, payroll, and salary costings.
  • Manage day-to-day financial operations, including cash flow forecasting, cash and card reconciliations, stock reconciliation, and purchase ledger reconciliation.
  • Ensure all reconciliations are robust and complete, including VAT, intercompany, and full balance sheet reconciliations.

Commercial Finance & Strategy

  • Act as a commercial finance business partner to the senior leadership team, contributing to strategic decision-making, including potential mergers and growth initiatives.
  • Analyse sales and profit performance against forecasts, developing and refining KPIs to enhance business planning and performance.
  • Partner with operations to model and optimise profitability across multiple revenue streams.
  • Leverage and interrogate POS data to generate real-time commercial insights, identifying opportunities for revenue growth and cost efficiencies.
  • Apply a structured and analytical approach to simplify and add value to the company’s complex subsidiary structure and financial models.

Team Leadership & Development

  • Build, lead, and develop a high-performing finance function, including managing the existing Finance Assistant and supporting their ongoing development.
  • Establish a culture of high performance, continuous improvement, and professional growth within the team.
  • Identify future hiring needs and build a case for expanding the team in line with business growth.

Stakeholder Management

  • Manage the relationship with external accountants, ensuring an efficient and well-coordinated year-end process.
  • Provide accurate, timely, and insightful financial information to the Board.

Person Specification

  • Professionally qualified (ACCA, CIMA, ACA, or equivalent) is preferred but not essential; candidates with strong relevant experience and a proven track record will also be considered.
  • Demonstrated experience in a senior financial management role, ideally within high-volume, low-margin sectors such as catering, hospitality, or food retail/QSR.
  • Experience within multi-site or franchise environments is highly advantageous.
  • Proficiency in cloud-based accounting systems.
  • Advanced Microsoft Excel skills, including financial modelling and data analysis.
  • Experience working with POS systems and large data sets is highly desirable.
  • Strong understanding of business models involving management fees, retail/QSR operations, and multi-site structures.

Skills & Attributes

  • Strong commercial acumen, with the ability to translate financial data into actionable insights and strategic recommendations.
  • Highly analytical and structured, with exceptional attention to detail and the ability to simplify complex financial information.
  • Effective leadership and interpersonal skills, with the ability to manage, motivate, and develop teams.
  • Excellent communication skills, with confidence operating at Board level.
  • Proactive and hands-on, with a willingness to engage in detail while maintaining a strategic perspective.
  • Driven and resilient, able to thrive in a fast-paced, entrepreneurial environment and challenge existing ways of working.


SpeedCV AI

Key skills

AI-extracted from the job advert

Must-have skills
ACCA qualificationCIMA qualificationACA qualificationManagement accountingVariance analysisBudgeting and forecastingBalance sheet reconciliationVAT reconciliation
Nice-to-have
POS data analysisCatering industry experienceTeam leadershipCommercial financeKPI development
Soft skills
LeadershipCommercial acumenAnalytical thinkingCommunicationMentoringStrategic thinking
SpeedCV AI

Application advice

5 AI-generated recommendations to maximise your chances.

1

⭐ Highlight your professional qualification (ACCA/CIMA/ACA) prominently as this is explicitly required for the role

2

📊 Quantify your management accounting experience: 'Delivered monthly management accounts for £15M turnover, reducing reporting time by 25%'

3

🌐 Emphasise your POS data analysis skills as the role specifically mentions leveraging POS data for commercial insights

4

🎯 Showcase your team leadership experience, particularly in developing finance assistants and building high-performing teams

5

🤝 Demonstrate your Board-level reporting experience with specific examples of variance analysis and strategic commentary

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Suggested CV bullets

3 bullets our AI drafted for this specific advert, mirroring its ATS keywords.

How to tailor your CV

Add these 3 bullets under your most recent experience:

  • Delivered monthly management accounts for £12M catering operation, reducing reporting cycle from 15 to 8 working days through process automation
  • Led annual budgeting process for multi-site catering business, achieving 95% forecast accuracy across 6 revenue streams
  • Built and mentored 4-person finance team, implementing VAT reconciliation procedures that eliminated £180k in compliance risks

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Letter preview — tailored to CORECRUITMENT

Dear Hiring Manager,

CORECRUITMENT's Financial Controller position represents exactly the strategic finance leadership role I've been seeking. My ACCA qualification and extensive experience in management accounting, variance analysis, and POS data interrogation align perfectly with your requirements for a commercially astute finance leader in the catering sector.

My background in building high-performing finance teams and delivering Board-level reporting will enable me to take full ownership of your financial operations whilst mentoring your existing Finance Assistant and supporting the company's expansion plans.

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SpeedCV AI

Interview questions

10 questions generated from this advert.

Technical

  • How would you approach implementing a rolling forecast process for a catering business?
  • Describe your experience with POS data analysis and how you've used it for commercial insights
  • Walk me through your process for conducting comprehensive balance sheet reconciliations
  • How do you ensure accuracy in VAT reconciliations across multiple revenue streams?
  • What KPIs would you establish for a catering operation to measure profitability?

Behavioural

  • Tell me about a time you had to deliver difficult financial news to a Board
  • Describe a situation where you mentored a junior finance team member
  • Give an example of when you identified a significant cost efficiency opportunity
  • Tell me about a time you had to manage multiple stakeholders with conflicting priorities
  • Describe a situation where you had to implement process improvements in a finance function
SpeedCV AINEW

STAR answer examples

Model answers using the Situation-Task-Action-Result framework. Adapt to your own experience.

1Question

Tell me about a time you had to deliver difficult financial news to a Board

During Q3 last year, our catering division was tracking 18% behind budget due to unexpected ingredient cost inflation. I prepared a comprehensive variance analysis showing the £240k shortfall and presented three recovery scenarios to the Board. I recommended immediate menu engineering and supplier renegotiation, which I personally led over 4 weeks. The result was a £180k cost reduction, bringing us within 3% of original targets and maintaining our client contracts.
2Question

Describe a situation where you mentored a junior finance team member

I inherited a Finance Assistant struggling with month-end reconciliations, taking 12 days to complete tasks that should take 5. I implemented a structured training programme, spending 2 hours weekly reviewing their work and teaching advanced Excel techniques. Within 3 months, they reduced their reconciliation time to 4 days and achieved 99.8% accuracy. They were subsequently promoted to Senior Finance Assistant and now trains new starters using the same methodology I developed.

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