LTG Drinking Products Ltd
Financial Controller
Salary:
£45,000 payable monthly in arrears
Hours:
Full time 8.30- 5.00 Monday to Friday, with additional unpaid hours as required to perform the duties of the position
Pension:
The Company will introduce a Stakeholder pension scheme, in the first instance the Company will not contribute to the Pension Plan, but may at its discretion do so in the future
Holidays:
The full year holiday entitlement is 25 days plus 8 Statutory days. Holidays to be taken as agreed but not to be taken to conflict with the preparation of Monthly or Annual accounts
Notice:
In the first 3 months the Notice period will be 1 month in writing from either Party, after satisfactory completion of the probationary period notice will be 3 months in writing from either Party
Terms and Conditions:
A contract of Employment and Terms and Conditions of employment will be provided to you at the end of the Probationary period
Reporting lines:
You will report to the Chairman or Managing Director as may vary from time to time
Code of Conduct:
- You will be responsible for the good discipline of the Accounts department
- You will be Fully responsible for the accuracy, integrity and timeliness of presentation of the Company books, records and financial reports
- You will be Fully responsible for the accuracy, integrity and reporting of the HSBC Invoice Discounting facility
- You will be responsible for reporting to the Shareholders and/or the Board any transactions or instructions that compromise the accuracy and integrity of the books of account or the Invoice Discounting facility.
Role:
- You will produce accurate accounts and financial statements, reconciliations and the like within 10 working days of the end of the trading period.
- You will be responsible for the production of Budgets and forecasts and for producing reports comparing to actual performance.
- You will manage the collection of sums due from our customers in a timely manner
- During the first three months of trading you will manage the full stock take being involved in both the accuracy of the physical verification and the computation of the value.
- The valuation is to be finalised within 5 working days following the completion of the count.
- Such stock counts will normally take place outside of production hours.
- Subsequent to the first three months stock counts will be prepared quarterly.
- Liaise with the Auditors in the preparation of Statutory Annual accounts and Annual returns
- Produce and maintain both Asset and Tooling Registers and proper depreciation calculations
- Prepare a monthly PPV report on all Raw Materials
Reporting:
- Daily you will be expected to report the Cash headroom and availability position at close of business
- Monthly you will be expected to attend Board meetings and to make both written and oral presentations to the Board on the financial status of the business.
- The Accounts reporting package will include but not be limited to:
- Profit and Loss actual v budget and/or forecasts
- Balance Sheet actual v budget and/or forecasts
- Actual Cash Flow actual v budget and/or forecasts
- 13 Week Cash Flow forecast
- Source and Disposition of Funds
- Aged Debtors
- Aged Creditors
- Overhead costs actual v budget and/or forecasts
- Sales and Standard Gross Margin by Customers
- Sales and Standard Gross Margin by Product
- Royalty and commission reports
- You will prepare all necessary detailed Budgets and Forecasts in conjunction with the Sales and Production teams