Financial Controller (Technical Services Sector)

Now hiring: Financial Controller for a leading Caribbean technology and e-payments provider. Drive performance, strengthen controls and shape our financial strategy.

Overview: Our client is a well-established provider of Technical Services & E-Payments across the Caribbean. Due to growth, they are seeking to appoint a Financial Controller to oversee senior management with the control of financial services based in the Barbados office.

The successful applicant will primarily be responsible for overseeing all aspects of the company's financial operations and exercising prudent financial management to achieve financial viability.

DUTIES & RESPONSIBILITIES:

Financial Management

• Managing budgetary allocations and implementing cost control measures.
• Preparing monthly management accounts including narrative report on budget variances.
• Managing cash flow and providing regular cash flow information to meet the needs of the business.
• Provide Directors/senior management team with ad hoc reports for financial analysis.
• Developing and implementing systems and procedures to ensure integrity of accounting information and safe custody of assets, including procedures to eliminate and detect fraud or theft of company assets.
• Preparing annual budgets and cash flows projections, working closely with budget holders, group office and department managers.
• Analyzing and interpreting financial data and recommending relevant changes to improve systems and financial performance.

Accounting Records and Procedures

• Management of all Balance Sheet accounts, ensuring timely completion of reconciliations and clearance of reconciling items.
• Ensure that the company’s policy regarding procurement and expenditure is observed and that the requisite approvals are obtained before disbursement of funds.
• Manage the company’s debt collection and credit control activities.
• Manage inventory ensuring the accuracy of information in sub-ledger and General Ledger.
• Manage and review monthly financial closing and year-end process.  
• Prepare annual accounting files for auditors and draft statutory accounts.
• Ensure the preparation and filing of all statutory obligations by the specified deadlines.
• Assist with collections of accounts receivable as required.
• Attend Business Unit and other team meetings as required.
• Assist with the department in reviewing monthly income.
• Any other related or ancillary duties as reasonably assigned.  

OTHER ACCOUNTABILITIES

The Financial Controller is accountable to the General Manager/Territory Head for:

• Developing the Unit’s growth strategy, focusing on financial gain and customer satisfaction.
• Managing departmental budgets and available resources in line with established company standards and requirements to achieve maximum profitability and efficiency.
• Facilitating negotiations of requirements by partnering with multiple stakeholders while effectively communicating insights and plans to cross-functional team members.
• Gathering critical information from meetings with stakeholders, collaborates with senior managers and decision makers to identify and solve a variety of problems and clarify objectives.
• Developing and maintaining long-term client and vendor relationships and networks.
• Preparing and submitting required reports in agreed time frames.
• Assigning work activities and projects, monitor workflow, review and evaluate work products, methods and procedures.
• Evaluating business processes for areas of responsibility by identifying requirements, uncovering areas for improvement towards developing and implementing solutions.
• Managing available resources to achieve maximum efficiency and profitability.
• Consulting with the services, inventory and logistics functions of the business to ensure requisite levels of spares and supplies are available to meet contractual obligations and maintaining customer satisfaction.
• Coordinating interaction with other business units while developing and maintaining strong inter-departmental relationships to facilitate achievement of key deliverables.
• Supporting regional customers by maintaining relationships with partners and sister organizations.
• Consulting with customers, contractors, sales, and technical staff in managing special requests.
• Improving managerial expertise by completing relevant certifications, attending training sessions, seminars, workshops and reviewing published literature.
• Managing the performance of direct reports in accordance with the company’s Human Resources policies and procedures.
• Identifying skills gaps within the department and facilitate the closing of these gaps.
• Supervising, mentoring and coaching team members.
• Assigning responsibility from time to time for projects from initiation to completion.
• Providing support to team members or members of other Business Units if existing skills so enable. 
• Ensuring adherence to company policies, rules and regulations governing the operation.
• Ensuring the delivery of quality service to customers/clients in accordance with established standards, policies and business practices.
• Ensuring compliance with Health and Safety standards and practices in accordance with company policy and legislation.
• Ensuring conformance to record-keeping, reporting and time-tracking requirements.

DESIRED SKILLS & QUALIFICATIONS:

• Qualified ACCA, CMA, CGA or CPA.
• At least five years of financial experience and management experience with day-to-day financial operations in an organization. 
• Proven experience in budgeting, forecasting and reporting in a financial environment.
• Must have valid travel documents and visas to facilitate regional and international travel.
• Experience managing and sustaining business relationships at varying levels. Knowledge of business and management principles involved in strategic planning and resource allocation.
• Excellent analytical, diagnostic, critical thinking and problem-solving skills.
• Knowledge of finance, accounting, budgeting, and cost control principles including International Financial Reporting Standards (IFRS).
• Knowledge of automated financial and accounting reporting systems. Working knowledge of Systems 2000 Accounting software would be an asset.
• Ability to analyze financial data and prepare financial reports, statements and projections.
• Working knowledge of short and long-term budgeting and forecasting, rolling budgets, and product-line profitability analysis.
• Professional written and verbal communication and interpersonal skills.
• Leadership skills and ability to motivate team to produce quality output and meet tight deadlines while keeping routine tasks up to date.
• Ability to identify complex problems and review related information to develop and evaluate options and implement solutions.
• Strong information technology skills with proficiency in Microsoft Office and Google suite.
• Capable of working under pressure with the ability to encourage and motivate other team members and support their efforts to achieve targets within specified deadlines.