Divisional Finance Controller

W M Donald Ltd are looking for a reliable Divisional Finance Controller to join out team based in our office in Netherley.

Job Vacancy:
Divisional Finance Controller

Employment Type:
Full-Time

Reporting to: Finance Director / CFO

About Us

W M Donald Ltd is a leading civil engineering contractor with a strong reputation for quality, safety, and innovation. We are seeking an experienced and motivated Divisional Finance Controller to join our team and take ownership of the financial management and reporting of the Division.

The successful candidate will provide timely and accurate financial information, commercial support and financial insight to support operational and strategic decision-making across the business.

About the Role

The Divisional Finance Controller will be responsible for the effective financial control and reporting of the Division, ensuring financial performance is accurately reported, effectively managed and aligned with the Company's business aims and objectives.

Working closely with the Finance Director, the role will provide financial insight, challenge and support to operational and commercial teams, helping to ensure the Division operates in a financially controlled, cost-effective and sustainable manner.

The role will also be responsible for maintaining robust financial controls and processes, monitoring financial performance and identifying opportunities to improve efficiency, profitability and the quality of financial information.

Key Responsibilities

• Take overall responsibility for the financial control and reporting of the Division.
• Prepare, review and deliver accurate monthly management accounts and financial reporting within agreed deadlines.
• Provide clear analysis of divisional financial performance, including turnover, gross profit, overheads, operating profit, cash flow and key financial indicators.
• Lead the month-end close process, ensuring journals, accruals, prepayments, provisions, reconciliations and other accounting entries are completed accurately and on time.
• Review actual performance against budgets, forecasts and prior periods, identifying significant variances and ensuring appropriate corrective actions are agreed and monitored.
• Lead the preparation, maintenance and regular review of divisional budgets and financial forecasts.
• Provide financial challenge and support to operational and commercial managers in relation to budgets, costs, profitability and financial performance.
• Monitor project and contract financial performance, including revenue recognition, costs, margins, work in progress, accruals, provisions and anticipated final outcomes.
• Review project and contract financial information with relevant managers and identify financial risks, opportunities and areas requiring management action.
• Monitor and manage divisional cash flow and working capital, including debtors, creditors, payment cycles and cash collection.
• Review customer and subcontractor balances and ensure appropriate action is taken to manage outstanding balances and reduce financial risk.
• Ensure robust financial controls are maintained across the Division and that Company policies and procedures are consistently followed.
• Ensure accounting systems and financial data are maintained accurately and in accordance with Company financial controls.
• Support the administration, maintenance and development of Microsoft Business Central and other financial systems.
• Support the preparation of quarterly VAT returns and other statutory or external reporting requirements.
• Provide financial information and analysis to support commercial and operational decision-making.
• Identify financial risks and ensure these are communicated to the appropriate management team with suitable mitigation actions.
• Assist with the…