Finance Manager

Recruitment for this role is carried out locally. To apply for this  position, please visit the DCC Careers Site. Please do not click the apply button on this page as applications through this site are unmonitored and may not be picked up.

Flogas Britain is one of the largest distributors of off-grid energy in the UK and has 40 years’ experience of providing solutions to both commercial and domestic customers, principally in the form of liquid gas.  The business has a longstanding record of organic growth driven by new installations, underpinned by a strong technical engineering expertise and capability, which combined with several bolt-on acquisitions has resulted in its market share increasing from 10% to over 30%.

The business is at the forefront of the energy transition having developed a prominent track record in converting customers from higher emissions fuels to lower carbon and cleaner solutions for the last decade and is now well placed with a significant range of opportunities to develop and diversify into New Energies into the future in line with our 2040 vision to provide 100% renewable solutions to customers.

Flogas has been highly acquisitive in executing this strategy, investing over £50 million in the recent acquisitions of Protech, DTGen and Equity Energies, bringing together a compelling proposition of products, technologies, and services to support customers in navigating their energy needs through the transition and to execute their strategies in regard to energy cost, security and carbon emissions on their own pathway to net zero.

Flogas Britain has revenues of around £400 million and employs over 1,500 people across its multi-site operation across Britain with its headquarters in Syston, Leicestershire.

JOB PURPOSE

The principal function of this role is to manage the end to end process for Inventories and Cost of Sales for Flogas Britain. The individual in this position operates as the custodian for all stock reporting, stock reconciliations and the management of cost of sales for the business. Working in collaboration with Procurement, Logistics and Operations, the individual is responsible for ensuring there is appropriate stock control trained and embedded throughout the business, and stock movements are accurately recorded to drive the appropriate cost of sales expense in the P&L, which is a key driver of our financial performance.

Context of Position

Reporting into the Head of Group Finance, this supports two Finance analysts, who each look after the two key main inventory types at Flogas Britain.

The individual in this position is responsible for all areas of stock and cost of sales reporting, a highly important area of our financials, including reporting and stock management of all liquid gas types and related dry stock, including cylinders, tanks and Installation and maintenance equipment. 

Commodity hedging management is also an area which the team is involved, including transaction management of open hedges as well as new hedges carried out across the group. This will include working closely with Flogas Britain’s parent company, DCC plc, and their commodity risk team.

ACCOUNTABILITIES

•    To drive the business to achieve its cost of sales performance targets 
•    Manage the end-to-end process of producing the Cost of Sales reconciliation carried out each month
•    Take ownership of detailed Cost of Sales performance tracking, including performance for all stock types, ensuring the accuracy of company gross margin
•    Reconcile stock discrepancies where relevant 
•    Play a key part in the monthly commodity hedging process, including tracking and management of all open hedges
•    Manage the accuracy and continued improvement of team processes, including building out new processes when required around new products such as BioLPG
•    Leading by example and supporting the continued development of team members
•    Ensure the timely, accurate and consistent production of Cost of Sales/Volume KPI reporting to relevant areas of the business
•    To undertake any other analysis/projects as required by the Finance Director and Head of Group Finance, or any other senior leader.

KPI’s
•    Accurate tracking of stock and cost of sales performance
•    Stock control and minimising losses
•    Building, improving and delivering finance information for the business units
•    Meeting deadlines for production of reporting and analysis
•    Internal customer satisfaction performance

This job description is for guidance purposes and the role holder will be expected to do any other tasks as is reasonably expected of them.
 

JOB HOLDER REQUIREMENTS

•    Relevant accounting experience (accounting qualification beneficial but essential)
•    Experience of influencing change and embedding controls in the business
•    Strong commercial awareness
•    Ability to coach and develop colleagues
•    Ability to maintain professional scepticism
•    Ability to work autonomously
•    Ability to manage to tight timescales and prioritise effectively
•    Ability to influence across finance and other departments
 

TECHNICAL SKILLS

•    Advanced excel skills
•    Experience using stock control and ERP systems 
•    Strong technical accounting skills
•    Good understanding of internal controls and process management
•    Hands-on experience of cost of sales accounting and stock control

Flogas Britain is committed to driving diversity and inclusion across its workforce, striving to attract and develop the best talent regardless of gender, age, sexual orientation, disability, ethnicity or any other factor, and building a diverse and supportive culture of respect and fairness for all.  Candidates of all backgrounds are encouraged to apply.

Furthermore, Flogas Britain embraces flexible working and understand that we all have commitments outside work. We want to work with you to find a working pattern that both allows you a great work/life balance and allows us to provide an excellent service to our customers. If you feel that you would benefit from working a different pattern to that advertised, we encourage you to talk to us about this during the recruitment process. 

Candidates with different flexibility needs are encouraged to apply.