Financial Controller
Job Description
As a Financial Controller, you will develop and maintain the necessary accounting systems, procedures, controls, and audits to ensure that reporting and functional management reports are provided on request and at agreed due dates. You are required to use accounting approach that is consistent with company policies, operating standards, and International Financial Reporting Standards. Additionally, you will provide financial support for effective cross-functional management with reviews, analysis, recaps, forecasts and performance measurements.
Key Responsibilities
Leadership
• Responsible for overseeing a team of analysts and accountants in the daily transactions and month end
closing.
• Set, monitor, and enforce compliance with approved budgets, KPIs, targets and use best practice and
benchmarking to resolve issues.
• Manage trainee management accountants, including day-to-day communication and motivation as well as
succession planning and performance management.
• Prepare targets and appraisals and evaluate same for direct reports according to HR calendar.
Financial Planning and Budgeting
• Lead team to prepare and present management accounts and reports on all aspects of the business.
• IT service cost accounting: review IT service expenses, accurate services revenue recognition and costing, review and set up of SLA revenue touch points for costing and investigate variances.
• Planning, analyzing, and collecting data to determine costs of business activity such as material purchases, inventory, labour and services.
• Analyzing changes in service landscape, goods purchased for sale or Services provided, to determine effects on revenue and growth.
• Analyzing actual service costs and revenues and preparing periodic reports comparing budgets to actual.
• Recording cost information for use in controlling expenditures.
• Analyzing audits of costs, revenues and preparing reports.
• Making estimates of new and proposed services costs.
• Providing management with reports specifying and comparing factors affecting prices and profitability of products or services.
• Maintaining ICPS compliance standards and licenses and reporting.
• Assisting in month end closing by providing relevant inputs.
• Lead the annual physical inventories count.
• Establishment of a cycle count program and monitor and report results.
• Reconcile inventories and report monthly.
• Assist in the preparation of annual budgets and rolling forecasts.
• Serve as the primary liaison between operations and Budgetary Planning and Financial Management Planning Team.
• Establish and maintain site internal control in concert with corporate direction.
• Ensure that the company has optimum inventory, PPE and is efficient in the use of these resources by preparing rolling forecasts.
• Prepare and track operational budgets, KPIs, sales targets and use best practice management accounting tools and benchmarking to control and drive global best practice results.
• Manage trainee management accountants, including day-to-day communication and motivation as well as succession planning and performance management.
• Maintain adequate assets in a register in accordance with required accounting principles and standards and company policy.
• Prepare projects feasibility costing.
• Prepare tenders costing for global bids.
• Prepare proforma financial statements for exploratory projects.
• Ensure global costing benchmarking.
Asset and Risk Management
• Identify key financial risks and proactively cure or mitigate same.
• Understand and mitigate key elements of the organizations risk profile.
• Maintain appropriate insurance coverage for assets and people.
• Ensure that the company complies with all legal, licensing, and regulatory requirements liaising with the compliance team.
• Ensure that record keeping meets the requirements of auditors and government agencies.
• Ensure proper reporting to qualified stakeholders.
• Oversee the procurement of insurance for company property and staff
Reporting
• Establish and maintain costing models for the company including standard and job costing for all products and services
• Review monthly reconciliation of inter-company management accounting transactions.
• Act as the interface between sales, procurement, and management reporting by reconciling estimated purchase orders to actual invoices and clearing costs showing gains and losses on costing estimates.
• Ensuring efficient inventory management by keeping track of inventory on hand, re-order levels, mix of inventory vis-à-vis sales planning.
• Provide reports to all budget holders to respond to their unit’s management and costing performance.
• Maintain proper computer-based internal control and reporting systems (Enterprise Resource Planning tool use and supporting systems).
• Prepare proper management reports for CFO decision-making.
• Prepare Quarterly Financial Management report for Board and other stakeholder reports.
• Prepare cash flow statements.
• Ensure preparation of bank, inventory, cost, and general ledger reconciliations.
• Maintain company financial records (both electronic and physical) in accordance with company law, tax laws and corporate policy and all other legislative and statutory provisions.
• Issue and maintain documentation on movement of company asset.
Management, Accounting, and Information Processing Tools
• Use company approved accounting and information generation and management tools.
• Back up and obtain sign-off of daily, weekly, monthly, and periodic confirmations of backup of all information.
• Digitize records and ensure seamless cut-over of paper records into Enterprise Resource Planning tools.
• Ensure stakeholder systems, internal and external integrate and exchange information seamlessly and securely
Collaborations
• Any other work that may reasonably be required of the role to achieve targets.
• Perform any other duties including projects, or parts of projects costing, specified by the COO or Chief Finance Officer.
• Perform competitor analysis and benchmarks.
• Lead in the preparation of Business level strategic plan and its implementation.
• Perform capital investment appraisals for all potential capital investment.
Qualifications & Requirements
• Ability to handle sensitive and confidential materials and matters with discretion and tact.
• High standards of personal integrity and adherence to professional and ethical standards
• Excellent time management skills with a proven ability to meet deadlines.
• Strong analytical and problem-solving skills.
• Proficient with Microsoft Office Suite or related software.
• Committed to working non-traditional hours, nights and weekends.
• Willingness to travel short notice.
• Bachelor’s Degree or equivalent in Business Administration, Accounting, Finance, or a closely related field.
• Master’s degree in Finance, MBA, or related field.
• A professional qualification in Accounting, or related field.
• Minimum ten years’ experience in senior management, 5 of which should have been post accounting qualification.
• Experience in manufacturing will be a plus.
Key Responsibilities
Leadership
• Responsible for overseeing a team of analysts and accountants in the daily transactions and month end
closing.
• Set, monitor, and enforce compliance with approved budgets, KPIs, targets and use best practice and
benchmarking to resolve issues.
• Manage trainee management accountants, including day-to-day communication and motivation as well as
succession planning and performance management.
• Prepare targets and appraisals and evaluate same for direct reports according to HR calendar.
Financial Planning and Budgeting
• Lead team to prepare and present management accounts and reports on all aspects of the business.
• IT service cost accounting: review IT service expenses, accurate services revenue recognition and costing, review and set up of SLA revenue touch points for costing and investigate variances.
• Planning, analyzing, and collecting data to determine costs of business activity such as material purchases, inventory, labour and services.
• Analyzing changes in service landscape, goods purchased for sale or Services provided, to determine effects on revenue and growth.
• Analyzing actual service costs and revenues and preparing periodic reports comparing budgets to actual.
• Recording cost information for use in controlling expenditures.
• Analyzing audits of costs, revenues and preparing reports.
• Making estimates of new and proposed services costs.
• Providing management with reports specifying and comparing factors affecting prices and profitability of products or services.
• Maintaining ICPS compliance standards and licenses and reporting.
• Assisting in month end closing by providing relevant inputs.
• Lead the annual physical inventories count.
• Establishment of a cycle count program and monitor and report results.
• Reconcile inventories and report monthly.
• Assist in the preparation of annual budgets and rolling forecasts.
• Serve as the primary liaison between operations and Budgetary Planning and Financial Management Planning Team.
• Establish and maintain site internal control in concert with corporate direction.
• Ensure that the company has optimum inventory, PPE and is efficient in the use of these resources by preparing rolling forecasts.
• Prepare and track operational budgets, KPIs, sales targets and use best practice management accounting tools and benchmarking to control and drive global best practice results.
• Manage trainee management accountants, including day-to-day communication and motivation as well as succession planning and performance management.
• Maintain adequate assets in a register in accordance with required accounting principles and standards and company policy.
• Prepare projects feasibility costing.
• Prepare tenders costing for global bids.
• Prepare proforma financial statements for exploratory projects.
• Ensure global costing benchmarking.
Asset and Risk Management
• Identify key financial risks and proactively cure or mitigate same.
• Understand and mitigate key elements of the organizations risk profile.
• Maintain appropriate insurance coverage for assets and people.
• Ensure that the company complies with all legal, licensing, and regulatory requirements liaising with the compliance team.
• Ensure that record keeping meets the requirements of auditors and government agencies.
• Ensure proper reporting to qualified stakeholders.
• Oversee the procurement of insurance for company property and staff
Reporting
• Establish and maintain costing models for the company including standard and job costing for all products and services
• Review monthly reconciliation of inter-company management accounting transactions.
• Act as the interface between sales, procurement, and management reporting by reconciling estimated purchase orders to actual invoices and clearing costs showing gains and losses on costing estimates.
• Ensuring efficient inventory management by keeping track of inventory on hand, re-order levels, mix of inventory vis-à-vis sales planning.
• Provide reports to all budget holders to respond to their unit’s management and costing performance.
• Maintain proper computer-based internal control and reporting systems (Enterprise Resource Planning tool use and supporting systems).
• Prepare proper management reports for CFO decision-making.
• Prepare Quarterly Financial Management report for Board and other stakeholder reports.
• Prepare cash flow statements.
• Ensure preparation of bank, inventory, cost, and general ledger reconciliations.
• Maintain company financial records (both electronic and physical) in accordance with company law, tax laws and corporate policy and all other legislative and statutory provisions.
• Issue and maintain documentation on movement of company asset.
Management, Accounting, and Information Processing Tools
• Use company approved accounting and information generation and management tools.
• Back up and obtain sign-off of daily, weekly, monthly, and periodic confirmations of backup of all information.
• Digitize records and ensure seamless cut-over of paper records into Enterprise Resource Planning tools.
• Ensure stakeholder systems, internal and external integrate and exchange information seamlessly and securely
Collaborations
• Any other work that may reasonably be required of the role to achieve targets.
• Perform any other duties including projects, or parts of projects costing, specified by the COO or Chief Finance Officer.
• Perform competitor analysis and benchmarks.
• Lead in the preparation of Business level strategic plan and its implementation.
• Perform capital investment appraisals for all potential capital investment.
Qualifications & Requirements
• Ability to handle sensitive and confidential materials and matters with discretion and tact.
• High standards of personal integrity and adherence to professional and ethical standards
• Excellent time management skills with a proven ability to meet deadlines.
• Strong analytical and problem-solving skills.
• Proficient with Microsoft Office Suite or related software.
• Committed to working non-traditional hours, nights and weekends.
• Willingness to travel short notice.
• Bachelor’s Degree or equivalent in Business Administration, Accounting, Finance, or a closely related field.
• Master’s degree in Finance, MBA, or related field.
• A professional qualification in Accounting, or related field.
• Minimum ten years’ experience in senior management, 5 of which should have been post accounting qualification.
• Experience in manufacturing will be a plus.
Deadline: 23rd June 2025
Job Type
Full-Time Regular
Full-Time Regular