Financial Controller

Hamilton-Ryker
Job Description
 
Job Title Finanncial Controller Department Finance & Controlling Reporting to Plant Manager
Staff name   No. of direct reports  
Internal relationship:  Internal Depts & with Finance organisation of the Business Division External relationship:  Banks, local authorities, Auditors.
Deputy while absent: Plant Manager  
Job purpose:
Management of Finance&Control activities in order to achieve the finanical key objectives
  • Support the Business in the decision making process with reliable, consistent and pertinent analitics
  • Insure local and Group compliance (Accounting, Reporting, Tax&Regulations)
Key Responsibilities / Description of tasks
Key objectives
The key processes to cover above key objectives are
  1. Accounting&Regulatory
  2. Financial Planning&Control
  3. Finanical Decision-making
 
  • Regulating, supervising and implementing accurate accounting books in good time.         
  • Implementing a financial audit on a continuous basis for purposes of monitoring the company’s financial performance.                                                                                                      
  • Constantly checking the financial control systems in order to monitor the income generated by the company against the expenses.                                                                         
  • Monitoring the level of adherence to a set budget through checking the purchase of budgetary items.                                                                                                                                
  • Preparing accurate, timely and regular financial statements and preparing the same to the Management Team and the Board of Directors.                                                                              
  • Ensuring that the company complies with all audits, accounting and reporting requirements as set by regulatory bodies in the company’s location.                                                  
  • Prepare and review Business Plan, P&L, cash flow, budget planning on monthly basis.                     
  • Preparing and presenting business plans, investment plans, feasibility studies, financial plans, annual budgets and other financial or business documents to the Management Team and to the Board of Directors of the company
  • Detailed monthly analysis of cost blocks for Management and Operations and for periodical Business Review.                                                                                                              
  • Alerting or warning the Management Team and the Board of Directors of the company financial irregularities, non-compliance, non-adherence and other financial concerns that relate to the company .
  • Understanding the financial systems, operations, plans, accounting, audits, and budget of a company and ensuring that everything is done within budget.                                                     
  • Collaborating and coordinating activities with financial providers contracted by the company. This includes working with auditors, banks, financing, financial consultants, etc.                             
  • Develop and implement KPI system with Operations Management.                                             
  • Develop and drive continuous cost reduction program.                                                                                Train or provide training of Finance to our Non-Finance Managers                                                     
Further Explanations to the role and responsibilities of a Finance Manager:
Provide support for decision making
Financial management provides managers with the information and knowledge they need to support operational decisions and to understand the financial implications of decisions before they are made. It also enables managers to monitor their decisions for any potential financial implications and for lessons to be learned from experience, and to adapt or react as needed.

Ensure the availability of timely, relevant and reliable financial and non-financial information

Financial management gives managers the information that either forms the basis for calculating financial information, or is used for management control and accountability purposes.

Manage risks

Financial management enables an organization to identify, assess and consider the financial consequences of events that could compromise its ability to achieve its goals and objectives and/or result in significant loss of resources. Financial management is an important component of risk management and needs to be considered with the full range of business risks, such as operational and strategic risks as well as social, legal, political and environmental risks.

Use resources efficiently, effectively and economically

Financial management is necessary to ensure that an organization has enough resources to carry out its operations, and that it uses these resources with due regard to economy, efficiency and effectiveness.

Strengthen accountability

Financial management is essential for an organization to understand and demonstrate how it has used the financial resources entrusted to it and what it has accomplished with them. The finance manager is responsible for ensuring that non-financial managers within the organization understand the financial accountability given to them.

Provide a supportive control environment

Financial management contributes to promoting an organizational climate that fosters the achievement of financial management objectives - a climate that includes commitment from senior management, shared values and ethics, communication and organizational learning.


Comply with authorities and safeguard assets
Financial management is essential to ensuring that an organization carries out its transactions in accordance with applicable legislation, regulations and executive orders; that spending limits are observed; and that transactions are authorized. It also provides an organization with a system of controls for assets, liabilities, revenues and expenditures. These controls help to protect against fraud, financial negligence, violation of financial rules or principles and losses of assets or public money.
The objective of financial management is wealth maximization rather than profit maximization. Wealth maximization means the total value of the firm.
Requirments
Qualifications
 
Education
 
>  Degree in Financial Accounting
>  CPA would be an advantage
Knowledge
 
Excellent understanding and communication of the economic conditions that influence operating environment of the business.
Competences

 
> Interpersonal skills – advanced 
> Leadership skills – advanced  
> Strategic thinking – advanced
> Judgement – advanced  
> Presentation Skills – advanced    
> Communication ability                
> Decision-making ability              
> Strong controlling ability, and      
> Open-minded
 
Operating PC
 
PC (MS Office) Word – average/advanced
Excel – advanced
Power Point - advanced
Foreign languages English – Fluent
Work experience
 
3 to 5 years related experience 
Contact Information