Job Description
Position:
Financial Controls Specialist
Location:
Wotton under Edge
Working Arrangement:
Hybrid working (3 days office based)
Salary:
In the region of £55,000
Renishaw is a FTSE 250 manufacturing company with a proud history of delivering measurement, calibration and precision manufacturing solutions to some of the most complex engineering processes in the world. Since our inception over half a century ago, we have grown a global presence with over 70 offices in 39 countries and employ a workforce of over 5000 people.
We currently have an opportunity for a Financial Controls Specialist to join our Group Financial Controls team based in Wotton-Under-Edge. It is an exciting time to join Renishaw and especially the Group Financial Controls team. Following several internal promotions and key organisational changes in 2024, the function is now in a period of evolution and growth. Its key immediate priorities include supporting the Renishaw Group in meeting changes to the UK Corporate Code, including but not limited to, the development and implementation of an upgraded ICFR (internal controls over financial reporting) framework.
The Group also has several other critical transformational projects in progress, including the global deployment of a new ERP solution (D365) where knowledge and expertise is being actively sought from internal controls. As part of the internal controls team, you will have the opportunity to have a positive impact and legacy in terms of strengthening risk management, governance, and critically the control environment in Renishaw.
Key Responsibilities
Supporting the design, implementation, monitoring, and ongoing optimisation of Renishaw’s ICFR framework
Managing and updating risk and controls matrices (RACMs), including process documentation with process owners
Supporting the annual risk assessment, scoping, and testing approach for ICFR
Monitoring and reporting on the status of internal control deficiencies
Updating the Group’s Financial Controls Manual as required
Providing education and training on Renishaw’s internal control standards
Supporting the first line of defence in implementing internal audit recommendations
Completing internal control ‘health checks’ following D365 implementations in business subsidiaries
Coordination with other internal functions to ensure a harmonised approach is applied across all assurance activities
Suggest improvements to further improve and optimise Renishaw’s ICFR framework development
Providing insight, foresight, and advice in addition to core assurance activities
Foster and develop a network within the business
Take strong responsibility for own self-development and career progression
Key Requirements
Recognised accounting and/or internal audit qualification or qualified by experience
2 years’ post-qualification experience in external or internal audit
Experience in evaluating design and operating effectiveness of Internal Controls Frameworks, ICFR assessments and/or SOX 404 experience, in a manufacturing or FMCG environment
Good working knowledge of IFRS
Experience in data dashboarding, data analytics, and analytical auditing tools (e.g., Power BI and Excel)
Working knowledge of ITGCs
Capacity to make appropriate professional judgements, including the ability to recognise and assess audit/business issues as they arise and to develop actionable solutions
Proficient in English (written and spoken)
Benefits When you join Renishaw, we're committing to your future career. That's because we believe in developing our people's skills and promoting them internally. We also offer a benefits package that's highly desirable, including a 9% non-contributory pension, discretionary annual bonus, subsidised onsite restaurants and coffee shops, free parking, car sharing scheme, and 24-hour fitness centres. (Not available at our Castle Donington, Exeter & York sites).
We also want to promote a healthy work-life balance as much as possible, so we have introduced a hybrid working policy which allows for a combination of home and office-based working depending on the nature of your role. We also offer a variable working programme, 25 days holiday plus bank holidays, Life Assurance policy of 12 times annual salary, Cycle to Work scheme, enhanced maternity pay subject to qualifying criteria, Health Cash Plan, the option to join BUPA Renishaw Health Trust, and an Employee Assistance Programme for employees and family.
At Renishaw, we believe that our success is powered by welcoming a workforce of diverse and talented people. Through encouraging an inclusive culture, where all our employees are free to be themselves, we can achieve our core values: Innovation, Inspiration, Integrity, and Involvement.
If you are excited about the role but feel as though you don’t meet all the requirements, we would encourage you still to apply. You might just be the right person for this role or another opportunity at Renishaw.
We are committed to providing reasonable adjustments to make interviews and jobs more accessible. Should you have any difficulty during the recruitment process, or require any reasonable adjustments please contact the recruitment team on 01453 524600 or recruitment@renishaw.com.
Employment Type:
Permanent
Time Type:
Full time
Requisition Number:
R7866 Financial Controls Specialist (Open)
#J-18808-Ljbffr
Position:
Financial Controls Specialist
Location:
Wotton under Edge
Working Arrangement:
Hybrid working (3 days office based)
Salary:
In the region of £55,000
Renishaw is a FTSE 250 manufacturing company with a proud history of delivering measurement, calibration and precision manufacturing solutions to some of the most complex engineering processes in the world. Since our inception over half a century ago, we have grown a global presence with over 70 offices in 39 countries and employ a workforce of over 5000 people.
We currently have an opportunity for a Financial Controls Specialist to join our Group Financial Controls team based in Wotton-Under-Edge. It is an exciting time to join Renishaw and especially the Group Financial Controls team. Following several internal promotions and key organisational changes in 2024, the function is now in a period of evolution and growth. Its key immediate priorities include supporting the Renishaw Group in meeting changes to the UK Corporate Code, including but not limited to, the development and implementation of an upgraded ICFR (internal controls over financial reporting) framework.
The Group also has several other critical transformational projects in progress, including the global deployment of a new ERP solution (D365) where knowledge and expertise is being actively sought from internal controls. As part of the internal controls team, you will have the opportunity to have a positive impact and legacy in terms of strengthening risk management, governance, and critically the control environment in Renishaw.
Key Responsibilities
Supporting the design, implementation, monitoring, and ongoing optimisation of Renishaw’s ICFR framework
Managing and updating risk and controls matrices (RACMs), including process documentation with process owners
Supporting the annual risk assessment, scoping, and testing approach for ICFR
Monitoring and reporting on the status of internal control deficiencies
Updating the Group’s Financial Controls Manual as required
Providing education and training on Renishaw’s internal control standards
Supporting the first line of defence in implementing internal audit recommendations
Completing internal control ‘health checks’ following D365 implementations in business subsidiaries
Coordination with other internal functions to ensure a harmonised approach is applied across all assurance activities
Suggest improvements to further improve and optimise Renishaw’s ICFR framework development
Providing insight, foresight, and advice in addition to core assurance activities
Foster and develop a network within the business
Take strong responsibility for own self-development and career progression
Key Requirements
Recognised accounting and/or internal audit qualification or qualified by experience
2 years’ post-qualification experience in external or internal audit
Experience in evaluating design and operating effectiveness of Internal Controls Frameworks, ICFR assessments and/or SOX 404 experience, in a manufacturing or FMCG environment
Good working knowledge of IFRS
Experience in data dashboarding, data analytics, and analytical auditing tools (e.g., Power BI and Excel)
Working knowledge of ITGCs
Capacity to make appropriate professional judgements, including the ability to recognise and assess audit/business issues as they arise and to develop actionable solutions
Proficient in English (written and spoken)
Benefits When you join Renishaw, we're committing to your future career. That's because we believe in developing our people's skills and promoting them internally. We also offer a benefits package that's highly desirable, including a 9% non-contributory pension, discretionary annual bonus, subsidised onsite restaurants and coffee shops, free parking, car sharing scheme, and 24-hour fitness centres. (Not available at our Castle Donington, Exeter & York sites).
We also want to promote a healthy work-life balance as much as possible, so we have introduced a hybrid working policy which allows for a combination of home and office-based working depending on the nature of your role. We also offer a variable working programme, 25 days holiday plus bank holidays, Life Assurance policy of 12 times annual salary, Cycle to Work scheme, enhanced maternity pay subject to qualifying criteria, Health Cash Plan, the option to join BUPA Renishaw Health Trust, and an Employee Assistance Programme for employees and family.
At Renishaw, we believe that our success is powered by welcoming a workforce of diverse and talented people. Through encouraging an inclusive culture, where all our employees are free to be themselves, we can achieve our core values: Innovation, Inspiration, Integrity, and Involvement.
If you are excited about the role but feel as though you don’t meet all the requirements, we would encourage you still to apply. You might just be the right person for this role or another opportunity at Renishaw.
We are committed to providing reasonable adjustments to make interviews and jobs more accessible. Should you have any difficulty during the recruitment process, or require any reasonable adjustments please contact the recruitment team on 01453 524600 or recruitment@renishaw.com.
Employment Type:
Permanent
Time Type:
Full time
Requisition Number:
R7866 Financial Controls Specialist (Open)
#J-18808-Ljbffr
