Financial Controller

A leading organization is in the process of acquiring the trade and assets of a key supplier (referred to as “supplier” in the job description).

A new company (referred to as “Newco” in the job description) will be established for this purpose.

Job Description:
The role involves working within the Finance Transformation organization to support the UK Finance team in defining and implementing processes and tools for Newco—both for Day 1 acquisition and its ongoing operations.

The job holder will collaborate closely with the UK Accounting & Controlling team, the supplier's Finance Team, Central Finance Transformation teams, and IT teams.

Key Responsibilities:

• Define the accounting requirements necessary for operating the new entity within established finance systems, including:
  
  
  
  • General Ledger accounting
  
  
  • Fixed Asset Accounting
  
  
  • Customer invoicing and receivable management (Accounts Receivable)
  
  
  • Bank Accounting
  
  
  
  


• Develop finance data flow processes from the supplier's systems (e.g., monthly balance and detailed costs) into the finance systems, including reconciliation requirements.


• Define the requirements and models for controlling and consolidation reporting.


• Organize and document system tests.


• Establish and document the finance data migration strategy, including opening balances.


• Execute and document the migration for Day 1 readiness.


• Post-Day 1 implementation, support daily operations and month-end closing processes to ensure timely and high-quality financial statements.
  
  This includes successful data submission to local controlling and group finance (consolidation).


• Contribute to the definition of the target finance systems and processes for Newco post-Day 1.

Skills and Requirements:

• Strong understanding of finance and accounting functions, including the people, processes, and technologies supporting them.


• Solid background in accounting.


• In-depth knowledge of finance business processes, particularly Procure-to-Pay (P2P) and Order-to-Cash (O2C).


• Experience in project management.


• Familiarity with SAP Finance (user-level proficiency at a minimum).


• Strong analytical skills.


• Flexibility and the ability to work effectively in dynamic and evolving environments.


• Excellent negotiation and stakeholder management skills.


• Curiosity, open-mindedness, and a drive to promote innovative ideas and new ways of working.