Financial Controller

The Financial Controller directs the financial affairs of the organization and prepares financial analyses of operations, including interim and final financial statements with supporting schedules for the guidance of Management

The Financial Controller directs the financial affairs of the organization and prepares financial analyses of operations, including interim and final financial statements with supporting schedules for the guidance of Management.

The incumbent is responsible for the Company’s financial plans and policies, its accounting practices, the maintenance of its fiscal records and the preparation of financial reports.

The position includes supervision over general accounting, property accounting, internal auditing, and budgetary controls.

Job Responsibilities

1. Directs the preparation of all financial reports including income statements, balance sheets, tax returns, for internal reporting and control and reports for government regulatory agencies and banks.
2. Analyses and interprets statistical and accounting information to appraise operating results in terms of profitability, performance against budget, and other matters bearing on the fiscal soundness and operating effectiveness of the organization.
3. Evaluates the performance of personnel in the Accounting Department. This includes identifying training needs, recommending training activities, keeping staff at the highest level of skill and motivation necessary to meet company needs and objectives.
4. Maintains the company's system of accounts and ensures accurate records are kept on all company transactions and assets.
5. Establishes major financial objectives and policies for the company and prepares reports that outline the company's financial position in the areas of income, expenses, and earnings based on past, present, and projected operations.
6. Institutes and maintains planning and control procedures (including the cost accounting system) and analyses and reports variances and the results of corrective actions.
7. Manage the Accounts Receivable Function overseeing the optimization of these processes to support the Company’s financial goals, analysing customer payment behaviours, establishing appropriate credit policies as required.
8. Manage the Accounts Payable Function to maintain strong vendor relationships whilst honouring supplier commitments and boosting cash flows.
9. Oversees tax planning and compliance with all government, corporate, payroll, and other applicable taxes.
10. Completes accurate and timely internal reports, ensuring continuous improvements to the reporting system as required.
11. Determines depreciation rates to apply to capitalized items and advises management on desirable operational adjustments due to tax revisions.
12. Evaluates insurable risks and recommends insurance coverage for protection against property losses and potential liabilities.
13. Assumes final responsibility for providing effective financial controls for the organization.
14. Estimates financial requirements for capital, land, buildings and increase in work force.
15. Maintains knowledge of and analyses existing and new regional financial laws, rules, regulations and reporting requirements of the various countries/industries in which the company operates.
16. Maintains supportive relationships with stakeholders (e.g. banks, regulators, auditors, Board of Inland Revenue etc.).
17. 17.  Performs related duties

Job Requirements

• Bachelor’s Degree Business Administration, Accounting or Finance.
• Professional Accounting Qualification (ACCA, CPA, CMA or equivalent).
• Minimum ten (10) years progressive accounting experience with at least five (5) years in a senior managerial role.
• Demonstrated success driving commercial and operational performance in a consumer goods environment.
• Proficiency in financial software and database systems.