Financial
Controller
Reporting
to CFO
Main
Purpose of the Job: To support
the CEO / the business, oversee business-facing aspects of the groups finances,
including accounting, financial reporting, forecasting and auditing as well as
provide management information to the business for strategic decision-making.
To provide accurate and timely financial and operational information to the
executive and functional management.
Key Result
Areas
1. Strategy
1. Strategy
Final
Approval: CEO/CFO/Management
1.1
Develops the operational strategy for Group Finance – Actuals, budgeting and
forecasting, reporting and head office companies
1.2
Identifies key financial risks and communicates to CEO/Management with proposed
solutions.
1.3 Directs
projects and road maps for financial systems and processes.
1.4
Research and investigate best practice for reporting, systems, processes and recommend
changes and enhancements.
1.5
Integrate and develop processes that meet finance needs across the group
1.6 Resolve
complex issues within functional area of expertise.
1.7
Responsible for performing and maintaining long term financial planning that
contributes to overall strategy
Key Deliverables
Key Deliverables
- Annual
Group Finance Process & Reporting Strategy in place aligned to overall
Business Strategy
- Annual
Roadmaps for Financial Process and Reporting in place aligned to overall
Business Strategy
- Set
in place Systems to deliver information required for monthly, quarterly
and annual financial requirements/years
2.
Operational – Actuals And Reporting
Final
Approval: CEO/CFO/Management
2.1 Timely
analysis of financial information (actuals, budgets forecasts and reports)
including but not limited to - Identify, quantify and raise/address risks and
opportunities to business results, arranging operations performance
data/meetings to facilitate executive decision making, Reviews monthly
consolidated management accounts to ensure compliance with financial policy,
2.2
Responsible for group timetables for Actuals, Budgets, Forecasts
Reporting and Audit
2.3 Focus
on cost containment for the department, monitoring, identifying, addressing
variance vs. budgets and forecasts and Pro-actively work towards increasing
efficiency, and improving quality and speed of delivery of financial
information, Reviews, monitors, identifies and addresses variances of actual to
the budget on a quarterly basis, Responsible for approving budget and defined
tolerances
2.4 Work
with the CFO and Management to design implement and continually upgrade
standard management reporting.
2.5
Continually look for ways to refine and improve the assembly and dissemination
of meaningful financial data throughout the organization to assist in
management’s decision making abilities.
2.6 Work
effectively with business leaders to proactively drive key business initiatives
and prepares and consolidates (where applicable) the capex and departmental
budget/s for inclusion in the annual budget;
Key Deliverables
Key Deliverables
- Monthly
Reporting Timetable & Audit timetable
- Approved
monthly management accounts, quarterly board reports and covenant
certificates
3.
Statutory Financial Reporting & Group Audit
Final
Approval: CEO/CFO/Management
3.1 Manage
the group audit process and ensure all deadlines are met all management report
items are resolved before the next audit
3.2 Prepare
and liaise with External Auditors presenting key and material accounting items for
discussion and resolution
3.3 Ensure
all operations financial controls are in place and functioning effectively
Key Deliverables
Key Deliverables
- Signed
annual financial statements.
- Defined
accounting policies based on technical Papers and meetings with auditors
4.
Budgeting and Forecasting
Final
Approval: CEO/CFO/Management
4.1 Responsible to develop value adding budgeting and forecasting processes setting up templates, creating charts, graphs and analysis to summarize key financial data that facilitates efficient executive review and decision making.
4.1 Responsible to develop value adding budgeting and forecasting processes setting up templates, creating charts, graphs and analysis to summarize key financial data that facilitates efficient executive review and decision making.
4.2
Co-ordinate and manage the overall financial budgeting forecasting processes
working closely with the business finance teams and ensure analysis of budget
data and forecasts to ensure compliance
4.3
Actively participate in business planning session and support the development
of short and long-range financial and business plans
Key
Deliverables
- Budget
& Forecasting timetable
- Approved
Group budget
5.
Management of the Financial Controls
Final
Approval: CEO/CFO/Management
5.1
Develops the necessary plan/s to ensure that the Department meets its agreed
goals and objectives, meets departmental staff on a monthly basis, identifies
and agrees key result areas, key objectives/tasks and action plans;
5.2 Overviews,
updates and maintains the departmental organization structure and Ensure the
correct training and development is available to enable Finance Control
departments to achieve their objectives;
Key Deliverables
Key Deliverables
- Job
Descriptions and PDPs in place for direct reports
- Identification,
attraction and retention of skills
Post School
Qualifications
- Must
have a degree in Finance / accounting or economics and statistics
- Must
have Chartered Accountant or equivalent.
- Must
have Postgraduate qualification (e.g., MBA /MSC)
Experience
- Minimum
10 -15 years’ experience in a similar or related environment, with a
minimum of 3 years in a Senior Management position.
- Responsible
for the management of Financial reporting and control for all business
entities across countries in Africa
