Financial Controller - Amplia Communications

Our Client, Amplia Communications Ltd, is seeking to fill the position of Financial Controller.

JOB SUMMARY

The Financial Controller plays a crucial role in the planning, organising, and directing of activities of the Finance Unit. The incumbent is also responsible for the development, recommendation and implementation of policies, programs and procedures that accomplish the goals and objectives of the Unit and the Company as a whole.

KEY RESPONSIBILITIES

Financial Process Support:

• Direct the preparation of annual budgets and financial forecasts, quarterly and annual consolidation accounts, audited statutory accounts, monthly management accounts and other financial publications as required.
• Establish and oversee financial functions within the department including; accounts payable, fixed assets, insurance and risk management, budgeting, project accounting, inventory, financial management and others as assigned all in accordance with sound business practices, local laws, policies, procedures, rules and regulations including Generally Accepted Accounting Standards and Generally Accepted Accounting Principles
• Direct Amplia Communications’ accounting and reporting operations, including maintaining accounting systems, establishing, and maintaining internal financial controls, preparing, and directing required financial reports, and assisting with internal audits according to policies and procedures
• Monitor financial trends and budgeted revenues and expenditures of the Company to assure that fiscal responsibility and control is maintained and to assure the fiscal well-being of the company.
• Prepare, maintain and submit a variety of monthly and quarterly records and reports related to financial systems to the CEO of TSTT, Amplia Communications Board.
• Provide financial analysis, reports and information to management and to optimize effective and responsible decision-making.
• Monitor and ensure compliance with Corporate Governance requirements within the organization
• Provide effective leadership thereby ensuring the strategic objectives of the organization are achieved.

Compliance, Management & Governance Support:

• Direct the Company’s cash management function including collecting, depositing, investing and disbursing funds; issues and repays debt and settling suppliers’ liabilities.
• Establish and update organizational and departmental procedures of internal controls as needed.
• Keep and maintain or prescribes and requires the keeping and maintenance of all records relating to Fixed Assets.
• Ensure a cadre of staff capable of providing services to maintain accurate and timely financial and information systems services to all stakeholders.
• Provide managerial leadership and supervision to subordinates in developing staff through mentoring and coaching and effective performance management.
• Manage contract management systems; analysing and evaluating contracts to ensure accurate and efficient purchasing and service delivery.

• Report and advise on some key metric objectives of the organization i.e. SVA, FCF, AR days and inventory turns.
• Ensure adequate insurance coverage on company’s assets wherever located.

Compliance and Documentation:

• Ensure compliance with procurement governance policies, procedures, and applicable financial standards.
• Support in compiling of financial reports as required by the General Manager, Amplia Communications Limited

Inventory & Asset Management:

• Manage assets demand over their life to optimise performance and realise expected benefits from retention and significant value from disposal.
• Develop and implement asset management policies and procedures in keeping with the general guidelines of the OPR to aid in the successful execution of inventory records.
• Assist with the development and establishment of internal controls for asset management portfolio; monitor accuracy and useful of records to determine capitalisation thresholds and useful life.
• Develop a complete and accurate record of public property and supplemental safeguard measures.
• Develop Asset Management plan in conjunction with relevant internal stakeholders.
• Develop annual asset disposal plan.
• Ensure effective Management of Inventory and Asset Tracking system to ensure property keepers can effectively manage goods throughout their life cycle.
• Develop and implement relevant recognition criteria and ensure periodic evaluation of all assets using life-cycle cost benefit analysis, ensuring initial and periodic physical checks of inventory by Operations/Financial Reporting Team.
• Verify and approve items listed for disposal via Request for Asset Disposal Form.
• Contribute to the identification and mitigation of inventory & asset management risks and suggest improvements to asset management process.
• Establish procedures for the protection of property.
• Management of asset investments and financing.
• Providing advice and support to management on asset management issues.

Communication and Stakeholder Engagement:

• Maintain business relationships with external auditors, bankers, insurance brokers, suppliers, customers and other stakeholders for mutual benefit.
• Foster positive working relationships with internal stakeholders and suppliers to facilitate effective collaboration

• Respond to inquiries and provide guidance on financial processes, policies, and procedures.

QUALIFICATIONS & EXPERIENCE

• Professional Accounting qualification (ACCA, CMA, CGA)
• MBA in Finance or Accounting is desirable.
• Seven (7) years progressive experience – five (5) of which should be in a Managerial position
• Diploma Asset/Inventory Management would be an asset
• Sound working knowledge of accounting, financial management and business administration.
• Knowledge of tax laws and local statutory financial requirements (VAT, Levy, PAYE, NIS, HSC)
• Sound working knowledge with an integrated accounting information system.

We wish to thank all applicants for their interest, however, only those favourably considered will be contacted.