Senior Financial Controller

Senior Financial Controller

Our client is looking to recruit a motivated Senior Financial Controller who will report to the General Manager and Finance Manager.

Position Objective

To control, analyse and report on the financial situation of the Company to Management.

Area of Responsibilities

Financial Reporting:

• Prepare and finalise monthly, quarterly, and yearly financial reports of the company in order to present the actual results/performance.
• Consolidate and apply accounting standards and adhere to group policies.
• Assist in the financial report variances analysis, discussion and pro-active decision-making.
• Submit to Group Finance & Accounting Department for review and analysis.
• Collaborate with Head Office Accounts Team to compile and issue a comprehensive monthly Dashboard for management for the Business Units.
• Prepare the board papers for analysis.

Budget Preparation:

• Actively engage in the budget preparation process.
• Prepare yearly budgets and ensure budgetary control.
• Provide financial insights, analysing historical data.
• Collaborate with relevant departments to understand their needs and financial requirements to develop accurate and achievable forecast and budgets.
• Supply information on the yearly 5 year-forecast of the Core Business.

Monthly Accounts & Costing:

• Scrutinise the Balance Sheet and Profit and Loss before submission to management.
• Verify accuracy of the financial data before submission to Management or the Financial Controller for further analysis.
• Monitor fluctuations in expenses and report significant changes to management for strategic decision making.
• Ensure timely delivery of precise monthly financial accounts and costing reports in the required format.
• Identify areas of improvement or cost saving opportunities and provide recommendations to management.
• Play and active role in the performance review meetings to understand the operational/management needs (accounts & costing formal).
• Perform monthly variance analysis.

Audit Exercise:

• Assist the Head Office Accounts Team in the yearly external audit exercise.
• Assist internal auditors in the internal audit exercise.
• Implement internal and external audit Management letter points and implement recommendations.

Fixed Asset Register (FAR) Monitoring:

• Ensure that physical existence and valuation of company’s assets are correctly reported in the FAR.
• Verify the coding and classifications of assets.
• Ensure correct depreciation rate as per accounting standards and group policies.
• Review valuation of assets with NBV zero.
• Follow up of asset to be disposed of or written/off.
• Reconciliation of Capex management system with the FAR.

Internal Controls Implementation and Monitoring:

• Ensure that existing procedures are correctly being followed whereby correct and precise information are being communicated to the Accounts department, thus minimising or avoiding risks of human error and fraud.
• Update and introduce new procedures to enhance/upgrade internal controls.
• Liaise with internal and external auditors.

IT:

• Ensure that our software delivers results as per needs and expectations for precise, relevant and timely reporting.
• Review existing reports and propose updates/modifications.
• Enhance our reporting through implementation of new reporting tools.
• Maintain and develop operation BI tool.

Collaboration:

• Work closely with the Financial Controller to address queries related to financial matters including costs, repairs, maintenance and any other financial concerns or discrepancies.
• Provide timely and accurate information to facilitate decision-making.

Human Resources/ Health & Safety:

• Ensure that Health and Safety Policies and Procedures are documented and communicated to everyone concerned and that they are strictly followed.
• Ensure that Health and Safety remains the utmost priority for the department and sensitise staff and employees regularly on its importance.
• Monitor Health and Safety norms and regulations.

Qualifications & Experiences

• HSC with Accounting.
• ACCA or equivalent.
• At least 5 years in a similar position.
• Desired experience in similar environment.

Technical Competencies

The main areas based on the expectations of the management (as set in the section on KPIs below) are as follows:

• Proficiency in Accounting tools and techniques.
• Financial reporting skills.
• Proficiency in MS Office and accounting software.
• Business acumen.

Behavioural Competencies

• Commitment demonstrated towards professional ethics.
• Technical and professional.
• Organisation skills and be self-driven.
• Diplomatic, flexible and approachable.
• Strong professional judgement with an analytical mind.
• Good communication skills: listening, verbal and written.
• Interpersonal skills and collaborative leadership style.