Assistant Financial Controller (UK) MILLENNIUM INTERNATIONAL GENERAL TRADING LLC

Employer Active

Posted 4 min ago

Experience

5 - 10 Years

Education

Any Graduation

Nationality

Any Nationality

Gender

Any

Vacancy

1 Vacancy

Job Description

Roles & Responsibilities

Role Overview:
We are looking for a commercially focused Assistant Financial Controller to manage the finance function, improve profitability, and implement strong financial controls across the group. This is not just a reporting role — the candidate must actively challenge the business, drive cost savings, and ensure financial discipline across all group companies. Key Responsibilities Profit Protection & Supplier Management
• Ensure all retrospective rebates and supplier claims are identified, claimed, and deducted correctly • Actively track missed claims and recover lost margin • Work closely with buyers and suppliers to maximise all commercial income • Identify opportunities to extend supplier credit terms • Reduce reliance on bank facilities and lower interest costs Cash Flow & Working Capital
• Oversee and manage group cash flow on a daily, weekly, and monthly basis • Improve working capital by: • Reducing stock holding • Improving debtor collections • Extending creditor terms • Provide cash flow forecasts and highlight risks early • Ensure the business maintains strong liquidity and avoids unnecessary financing costs Financial Control & Reporting
• Produce weekly and monthly performance reports vs budget • Hold monthly review meetings with business heads • Provide clear commentary on risks, missed targets, and opportunities • Ensure: • VAT returns are accurate and submitted on time • Sugar tax compliance is correct • Bank reporting deadlines are met • Audits are completed efficiently and on time • Build and maintain reporting dashboards using: • Microsoft Power BI • Microsoft Dynamics 365 Business Central Stock & Buying Discipline
• Monitor stock levels and enforce strict controls: • No stock to be held beyond 60 days without justification • Hold buyers accountable for: • Aged stock • Slow-moving or dead inventory • Regularly challenge buying decisions: • Why products were purchased • Volume vs sales performance • Escalate poor decisions to directors where required Commercial Governance & Controls
• Implement rules for all new product listings: • Sell-or-return agreements where possible • Mandatory listing fees / marketing contributions from suppliers • Ensure all new brands meet minimum commercial criteria before onboarding Team & Business Oversight
• Manage UK finance team and improve processes • Work across all group companies to ensure financial discipline and performance • Push business managers for results and accountability

Desired Candidate Profile

• ACCA / CIMA qualified or equivalent • Strong background in FMCG / wholesale / distribution • Highly commercial mindset (not just accounting) • Strong systems and data capability • Experience using: • Microsoft Power BI • Microsoft Dynamics 365 Business Central • Confident challenging buyers, sales teams, and senior management

Employment Type

    Full Time

Department / Functional Area

Keywords

  • Financial Controller
  • Financial Reporting
  • Cost Control
  • Cash Flow Management
  • Liquidity Management
  • Commercial Finance
  • Business Partnering
  • Financial Strategy
  • Inventory Management
  • Stock Control
  • FMCG
  • Dynamics 365
  • ACCA
  • CIMA
  • Financial Modelling
  • VAT Returns

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MILLENNIUM INTERNATIONAL GENERAL TRADING LLC

Millennium International, a trailblazing powerhouse headquartered in the UAE, specializes in a diverse array encompassing FMCG (both – Food & Non-food), Beauty & Perfumes, Consumer Electronics, Commodities, and Toys, redefining excellence on a global scale. Our unwavering dedication transcends borders, delivering unmatched services across continents. Beyond our exceptional brands, we excel in crafting cutting-edge solutions in Brand Development, Distribution, Sales & Marketing. Embodying a relentless pursuit of innovation, unwavering commitment to quality, and a steadfast focus on exceeding customer expectations, we proudly set the standard as the premier choice for discerning consumers worldwide.

Read More

Naga Suryam N.V. N.V. - Head of Finance

OFFICE 101, BAY SQUARE BUILDING 11, BUSINESS BAY, DUBAI Office 504, Baysquare Building 2, Business Bay, Dubai, UAE, Dubai, United Arab Emirates (UAE)