FAAC Group, a large Italian multinational company leader in its sector, present in more than 30 countries with approx. 3600 employees, is looking for its important subsidiary based in Basingstoke UK, a local Financial Controller.

Position: Financial Controller

Reporting to: Cluster Controller


To effectively manage the financial affairs of the company to support achievement of the business plan.


The Financial Controller’s responsibilities will include, but are not limited to, the following:

  • Ensure all Group reporting from FAAC UK is completed according to group reporting timetables and in compliance with group accounting policies
  • Support MDs in business analysis and key business decisions: annual operating plans, forecasts, variance analysis, cost reductions, profitability enhancement, Capex preparation, planning & forecasting
  • Liaise with the local accounting functions to ensure accuracy and timeliness of financial information and efficient accounting operations
  • Produce and analyse local financial reports (including revenue Recognition, accruals calculation, reserves calculation and adjustments) and KPIs and monitor company performance against Annual Operating Plans/Forecasts. Report back explanations for major deviations
  • Review levels of working capital in the company to ensure it is kept at optimum levels in order to maximise cashflow
  • Proactively support and challenge the business in order to drive the business forward and reach the financial objectives set
  • aTake a leading role in the preparation of Annual Operating Plans and Forecasts
  • Work together with the MDs and the Cluster Controller to ensure all local legal, tax and statutory reporting requirements are fulfilled including liaising with local and group auditors and professional advisers
  • Ensure adequate financial controls and review systems in the company to ensure accuracy of reported information and minimise risk of fraudulent or otherwise inappropriate activities. Encourage “whistle blowing” when required
  • Implement Group Finance initiatives in the company, monitor progress and report back status and deviations from plans
  • Develop and coach FAAC UK finance personnel
  • Act in a professional manner always when representing FAAC
  • Credit Collections management including credit limit determination, AR overdue tracking, settlement with external customers, cooperation with law firms engaged in collection
  • Planning cash flow for future periods and reporting cash flow and plans for cash flow to the parent company
  • Working closely with Sales and Project Management for Projects profitability tracking
  • Supporting the Annual Physical stock check together with the Procurement and Logistics Manager
  • Working Closely with the MDs of both AA and HUB and the Board of Directors on the financial issues and immediate notification of identified findings
  • Ensure the ERP system provides the necessary information for company reporting
  • Support the company in its maintenance of quality standards
  • Contract negotiation and management of business utility contracts
  • Work closely with Group IT to manage local IT systems, resources and infrastructure
  • Occasional travel to the head office in Italy will be required


ACCA/CIMA or similar professional accounting qualifications


  • A minimum of 5 years of management position experience in accounting and financial controlling
  • Strong knowledge of bookkeeping rules and international accounting standards along with commercial acumen
  • Multi-site and international experience
  • Project Accounting experience
  • Flexibility and ability to meet short deadlines
  • Ability to work independently as well as to manage teams to meet objectives
  • Strong interpersonal skills and excellent analytical skills
  • Knowledge of IAS GAAP/IFRS mandatory
  • Knowledge of UK GAAP preferred
  • Knowledge of HFM, SAP and Exchequer an advantage
  • Great enthusiasm and motivation
  • Advanced/Intermediate MS Excel & MS PowerPoint skills
  • Establishing productive, professional relationships with key colleagues
  • Ability to take the initiative and challenge status quo
  • Strong sense of ownership and responsibility for meeting the requirements of the role