Financial Controller
Our client,
a regional micro-finance company seeks a qualified and experienced person to
urgently fill the above position.
Main Purpose of role:
Key Responsibilities:
Financial Management
- Oversees the implementation of appropriate financial and management accounting strategies for the in-country operations, through the implementation of appropriate financial and accounting systems, processes, policies and controls;
- Providing financial statements and reports as and when required by all relevant laws and regulations;
- Building and maintaining the financial planning capability for the business, including but not limited to budgeting, forecast projections etc;
- Profitability analysis; including provision of financial information for decision making,
- Overseeing the implementation of appropriate financial and management accounting systems and plans for the country, by introducing appropriate financial and accounting systems, processes, policies and controls;
- Ensuring that monthly financial information is communicated effectively to stakeholders;
- Regular monitoring of cash flows and ensuring that monthly reporting to the regional head office is undertaken;
- Request funding from the head office based on cash flow estimates;
- Ensures timely reconciliation of financial accounts including bank and clearing accounts;
- Reconcile transactions between an independent debtors system and the accounting system;
- Prepare cashbooks and petty cash information accurately and ensure they are submitted in a timely basis to the regional head office;
- Oversees the processing of transactions on in-house accounting system;
- Coordinate and complete annual country budgets and monthly forecasts for the various branches within the country as well as country operations.
Tax, Legal & Compliance
- Ensuring all in-country tax related responsibilities are adequately planned and executed;
- Calculate, complete and submit all necessary forms relating to provisional tax, income tax and withholding tax;
- Calculate and submit all necessary forms relating to VAT;
- Ensure that company complies with all necessary taxes and all tax computations are in line with the in-country tax legislation;
- Assist with making strategic tax decisions relating to the country’s operations;
- Ensure the development and deployment of compliance management strategies and frameworks in-country and in accordance with the Group Compliance Framework;
- Ensure adherence to compliance management frameworks in the business;
- Overseeing the implementation and administration of company secretarial duties required within the region;
- Interact with the relevant tax authorities of the country;
- Interact with internal and external auditors and ensure audits are undertaken and completed in a timely manner;
People Management and Leadership
- To motivate and improve the general levels of performance of the direct reports in the team;
- Responsible for the provision of leadership of the finance team, in line with the organizational culture and values;
- Monitor performance of the team and put in place performance management initiatives to maintain top performance levels;
- Recommend and initiate training initiatives for purposes of development of the individuals within the in-country finance team;
- Embodiment of the organizational values and culture in the leadership style and instill the same in the team members.
- Financial Controller - Performance Contract
Key Result Areas:
- Effective Financial Management
- Tax, legal and compliance
- People Management and leadership
Person Specification: Essential Desirable
Education/Qualifications:
- Bachelor’s Degree in Commerce / Accounts or equivalent qualification
- Professional Accounting Qualification such as ACCA / CPA (K)
- MBA will be an added advantage
Experience
- Positive track record of at least 4 years financial management experience in a financial services or a banking environment
- Experience in negotiating high-valued deals and concluding complicated business transactions
- Experience in financial modeling
Skills
- Knowledge of corporate governance and risk management
- Self starter
- Analytical and assertive
- Exceptional Managerial Skills Set
- Financial Controller - Performance Contract
- Analytical and Decision Making Skills
- Adaptability to an ever changing environment
- Ability to drive change (Change Agent)
- High level of Computer literacy
- Strategic Thinker
- Project Management Skills
- Planning and organizing / Workflow management skills
NB.
Qulified candidates should send in their resume urgently to jobs@frankmconsult.com
