Finance Controller

Finance Controller

Job Summary:

The Finance Controller is a crucial role within the finance department, responsible for overseeing and managing all aspects of financial operations and reporting for the organization. This role ensures accuracy, compliance, and efficiency in financial activities while providing strategic guidance to senior management for making informed business decisions.

Key Responsibilities include:-

Financial Planning and Analysis:

- Develop and monitor the annual budget in collaboration with department heads and senior management.

- Provide financial analysis, insights, and recommendations to support strategic planning and decision-making.

- Track key performance indicators (KPIs) and financial metrics, preparing regular reports for management review.

Financial Reporting:

- Prepare and review monthly, quarterly, and annual financial statements, ensuring accuracy and compliance with accounting standards (e.g., GAAP/IFRS).

- Consolidate financial data from various departments or subsidiaries, ensuring timely and accurate reporting to management and external stakeholders.

Internal Controls and Compliance:

- Establish and maintain internal control procedures to safeguard the organization's assets and ensure compliance with regulatory requirements.

- Monitor financial transactions and processes to identify and mitigate any potential risks or discrepancies.

- Coordinate with external auditors for annual audits and reviews.

Cash Flow Management:

- Manage cash flow and liquidity to ensure sufficient funds are available for operational needs and strategic investments.

- Implement cash flow forecasting and analysis to predict potential liquidity challenges and develop appropriate solutions.

Financial Operations:

- Supervise and manage the accounting team, ensuring accurate and timely recording of financial transactions, including accounts payable, accounts receivable, and general ledger entries.

- Review and approve financial transactions, invoices, and expense reports.

- Oversee payroll processing and tax compliance.

Strategic Financial Guidance:

- Collaborate with senior management to provide financial insights and recommendations that align with the organization's goals and growth plans.

- Participate in business strategy discussions, mergers and acquisitions, and capital investment decisions.

- Team Leadership and Development:

- Lead and mentor the finance team, fostering a culture of collaboration, growth, and continuous improvement.

- Provide training and professional development opportunities to enhance team members' skills and knowledge.

Candidate Skills & Qualifications:

- Bachelor's degree in Finance, Accounting, Business, or a related field. MBA or CPA/CMA/CFA certification is a plus.

- Proven experience (typically 8+ years) in finance or accounting roles, with at least 3-5 years in a managerial or supervisory capacity.

- Strong understanding of financial principles, regulations, and reporting standards.

- Proficiency in financial software, ERP systems, and advanced Excel skills.

- Excellent analytical, problem-solving, and decision-making abilities.

- Effective communication skills, both written and verbal, with the ability to convey complex financial information to non-financial stakeholders.

- Strong leadership and team management skills.

- Attention to detail, organizational skills, and ability to prioritize tasks in a dynamic environment.