Financial Controller

Job Title: Financial Controller

Team: Finance

Responsible to: Finance Director

Direct Reports: Accounts assistants x2 FTE (3 part time)

Office Location: National Badminton Centre, Milton Keynes

Salary: £50,000 - £55,000

Hours: Full-time

Contract: Permanent

Badminton is a sport for everyone. And at Badminton England we want to make our sport the most inclusive and accessible sport in the country. We are at the heart of a thriving badminton community to nurture a lifelong passion for our sport, consistently performing and delivering inspirational moments, openly attracting everyone who wants to get involved in our sport - whatever age, ability or gender. Our people love playing, watching and supporting badminton and we want to grow our badminton community - players, coaches, schools, clubs, counties, leisure operators, volunteers and fans.

- We do what matters; we are courageous and honest, always putting the best interests of badminton first.

- We include intentionally; we create safe and connected environments that welcome open and diverse views.

- We play for each other; we listen, respond to feedback and celebrate the successes of our sport and communities.

- We always aim to do today brilliantly; we innovate and constantly challenge the status quo through collaboration, active listening and encouragement of others.

With more than a million players playing badminton every month in England, badminton is the nation’s most played racket sport and the sixth biggest sport overall in this country. Quite simply, we want to inspire everyone to play more, support the sport and love, live and breathe badminton.

The Role

We're looking for a motivated and passionate individual to provide the Finance Director with robust financial control and analysis to support considered business decisions. The role ensures team members are supported in their roles and have clear objectives and development plans.

Key Responsibilities

• Oversee the functions of the finance team and ensure that good financial practice is adopted.
• Assist team members to ensure all workloads are dealt with to meet agreed deadlines.
• Support implementation of improved IT security, supporting the business adopt best practice
• Develop and prepare monthly management accounts including P&L by department, Balance Sheet and Cashflow reports.
• Ensure all control accounts are reconciled on a monthly basis, including production of monthly VAT returns / PAYE / Corporation Tax and all compliance reporting is complete submitted in a timely manner.
• Review and action debtors and creditors report on a monthly basis.
• Assist in preparation and analysis of the annual Budget and forecasting exercises.
• Develop and enhance existing reporting structures to allow for changes in structure, funding and allocation of costing.
• Analyse actual spend against budget / forecast and produce variance reports with commentary
• Provide business partner finance support to all managers and staff on day-to-day issues
• Maintain records for audit purposes.
• Set performance objectives for the Finance team/individuals and monitor progress.
• To identify the training & development needs of the Finance team/individuals, finding and providing appropriate solutions.

Other Duties

• To undertake other duties from time to time as reasonably required by your Line Manager

Candidate Experience

• Qualified accountant (CIMA / ACCA / CIPFA / ICEAW) minimum 5 years PQE
• Experience as a Financial Controller or in a similar management role
• Experience leading and motivating a small team
• Strong communication skills
• Strong IT skills with proficiency in Excel, Word, PowerPoint, use of MS365 Business Central
• Comprehensive knowledge of advanced accounting principles, financial regulations, and reporting standards, including in-depth familiarity with UK GAAP.
• Strong understanding of financial operations, encompassing revenue recognition and complex cost structures.
• Proficiency in financial analysis, budgeting, and forecasting techniques, utilising financial modelling, and accounting software.

General Information

The post-holder shares with all colleagues the responsibility:

To make suggestions to improve the working environment within their area of work and Badminton England as a whole

To cooperate with measures introduced to ensure there is equality of opportunity in employment and sports equity and in addition for post-holders with a management responsibility to encourage their staff to ensure that they comply with all aspect of Equal Opportunities in Employment arrangements and sports equity policies and practices.

To comply with all aspects of Health and Safety Policy and Arrangements and, in addition for post-holders with a management responsibility to encourage their staff to ensure that they also comply with all aspects of these arrangements