Financial Controller

Noratel is a global manufacturer of power magnetics. Our vision is to be the leading strategic partner of high-class solutions for electrical transformation worldwide by delivering outstanding quality, service, competitiveness and innovation that will help our customers succeed in their markets.
Noratel was established in 1925 and is servicing the industry worldwide, evolving to meet the ever-changing demands of our customers. Today we are a leading global provider, proud to offer the most comprehensive range of transformers, reactors, and power supplies. Besides a comprehensive standard range product portfolio, the majority of Noratel production is dedicated to custom design and manufacturing to meet the requirements of OEM customers. Noratel employs 2000+ people across 13 countries in Europe, Asia, and North America. Owned by discoverIE Group plc. The Norwegian office are based in Hokksund, Norway.

The Financial Controller occupies a central position in managing the financial operations of a dynamic manufacturing and sales unit. Reporting to the Norwegian Country Manager who holds responsibility for both Norwegian and Danish Noratel operations – this role carries the responsibility for overseeing the entire financial function of Noratel in Norway and Denmark, and will  be a part of the Management team. This encompasses a wide spectrum of duties, from handling daily transactional tasks to conducting strategic financial planning and analysis. The ideal candidate for this role will demonstrate a combination of hands-on accounting, business acumen, and engaging stakeholders across different organizational levels. The Norwegian Finance organisation includes one accountant, who will be reporting to the Financial Controller.

Key Responsibilities:

  • Responsible for the financial function in Norway and Denmark.
  • Financial Month close process in line with Group accounting policies, standards and expectations.
  • Financial reporting to Noratel Group and support local management with Commercial and Operational reporting.
  • Ensure adherence to internal controls to safeguard company assets.
  • Support management of working capital and cash flow to optimize liquidity and support business operations.
  • Develop and maintain financial plans, budgets, and monthly forecasts to support decision-making.
  • Provide analytical support to local management, offering insights and recommendations for improving financial performance and operational efficiency.
  • Effectively communicate financial results, forecasts, and strategic plans to stakeholders, fostering transparency and trust.
  • Oversee and actively engage in day-to-day financial operations including bookkeeping, transactional work, and compliance with local taxation rules – for both Noratel Norway and Denmark.
  • Coordinate with external and internal auditors to ensure timely completion of audits and compliance with regulatory requirements.
  • Implement audit recommendations to enhance financial processes and controls.

Qualifications and Skills:

  • Bachelor’s degree in accounting, auditing or finance.
  • Some years of relevant experience.
  • Experience with IFRS would be a benefit.
  • Solid experience and excellent MS Excel skills will be required.
  • Experience in the manufacturing industry would be a benefit.
  • Business acumen with the ability and desire to think strategically and analyse complex financial data
  • Solid communication and interpersonal skills, with the ability to engage and influence stakeholders at all levels.
  • High degree of integrity, self-motivation, and results-oriented mindset.
  • Fluency in Norwegian and English, both verbal and written.


  • Professional growth in a demanding position.
  • Competitive salary and benefit package.
  • A well-organized company.
  • An informal and pleasant work environment.

For further information, contact Gunder Lie in G&P Rekruttering AS, telephone 959 00 508
Send your application to urgently.