Financial Controller

The Financial Controller is responsible for the comprehensive oversight and management of the company's financial and commercial systems and operations, reporting to the Chief Executive Officer. This includes managing financial operations, developing and implementing financial policies and processes, overseeing risk and treasury management, ensuring compliance with financial regulations and reporting standards, handling company commercials, maintaining robust financial internal controls, and leading budgeting and forecasting activities, all in alignment with the overall business strategy.

1. Review and develop business procedures to ensure reporting integrity.
2. Lead the creation, development, and implementation of inventory management systems and controls.
3. Facilitate sub-ledger balancing processes and controls for accurate recording.
4. Oversee and review monthly bank reconciliations for all balance sheet accounts.
5. Coordinate departmental activities during audits and ensure timely resolution of queries.
6. Prepare and share 12-month rolling cash forecasts with the CEO and Directors to manage company liquidity.
7. Monitor cash flow to identify anticipated constraints and inform relevant stakeholders.
8. Coordinate working capital management initiatives to meet cash flow targets across all business lines, including inventory.
9. Prepare regular monthly detailed analysis of company and business unit profitability, highlighting key areas to the CEO and Directors.
10. Lead the development and implementation of initiatives to improve gross margin and business performance.
11. Prepare and present detailed cost analysis, including plant performance and productivity measures (factory costs, discount structures, warehousing, distribution, overheads, OEEs).
12. Review and analyze warehousing and logistics costs to propose improvements.
13. Analyze, review, and report on product category and customer profitability for presentation to the CEO and Directors.
14. Collect and analyze data on operational costs to ensure accurate product costing.
15. Review and coordinate the capital expenditure budget with the CEO.
16. Prepare business case analyses for investments to support informed management decisions.
17. Propose, develop, and implement procedures and controls for inventory management and movements.
18. Liaise with the Stores Manager and Production Manager to determine appropriate inventory levels and ranges.
19. Collaborate with the Stores Manager and Materials procurement team to determine optimal order quantities and re-order levels.
20. Propose or develop and implement an inventory ageing analysis system and report for management.
21. Make provisions and recommend writing off slow-moving and obsolete stocks (stock impairments) to the CEO and Directors.
22. Coordinate debt collections and follow-ups with the Group Credit Control team to ensure collections within agreed timeframes.
23. Review, monitor, and report on bad and doubtful debts to the CEO and Directors, making recommendations for follow-up or closure.
24. Ensure raw material prices are updated monthly in liaison with vendors and suppliers.
25. Review and analyze the market to validate product costings.
26. Review and check product and/or material costings to ensure net off, applicable for the company or different sites.
27. Establish month-end procedures to meet reporting requirements based on agreed standards and timelines.
28. Ensure full and regular reconciliation of all balance sheet accounts.
29. Review team's work and approve month-end entries and provisions.
30. Ensure management accounts are completed accurately and presented within set timelines.
31. Prepare cash forecasting reports to enable management decisions on funding, capital expenditure, and investments.
32. Manage and oversee short-term liquidity requirements.
33. Liaise with Head Office to track and ensure all statutory requirements (TAX/VAT) are delivered accurately and on time.
34. Coordinate and compile the company’s/Business Unit budgets, including capital expenditure budgets and financial statements.
35. Prepare and finalize budget financial statements and targets.
36. Compile and complete regular updated forecasts as required by the CEO, Directors, or Group.
37. Maintain and oversee the fixed assets register.
38. Calculate and process all required depreciation entries.
39. Maintain appropriate records for deferred tax calculations.
40. Lead and coordinate the annual physical assets verification and impairment exercise.
41. Lead the procurement function and liaise with raw material and production planning teams.
42. Track pending purchase bookings and conduct routine follow-ups.
43. Place monthly import orders based on forecast review meetings with relevant teams.
44. Take responsibility, in liaison with the CEO/GM, to approve purchase orders after reviewing documentation.
45. Maintain a master list of all vendor details and items.
46. Approve import purchase orders, IDFs, and process required insurance applications.
47. Process and approve import duty payments through online banking or other systems.
48. Process and approve transporter quotes and freight invoice amounts for customers.
49. Maintain records and track shipments, LCs, and other foreign supplier payments.
50. Check and review LC applications before approval by the CEO and/or Director.
51. Process and approve import documents for clearance.
52. Ensure import costings are accurate and as planned.
53. Authorize or create new items and oversee process changes.
54. Supervise, coach, and train employees in the department on financial matters.
55. Ensure employee performance objectives are defined, and staff are evaluated against agreed objectives to drive improvement.
56. In liaison with HR, help develop on-the-job training programs and participate in refresher trainings.
57. Review and conduct appraisal sessions with production sectional heads and direct reports, ensuring sectional heads appraise their teams.
58. Review and assess appraisal reports, proposing follow-up action plans with HR and CEO.
59. Work with the HR Department to develop skills and competencies training needs for Production staff.
60. Identify required skills and experience for the department, developing a skills matrix and reviewing manpower planning reports with HR.
61. Lead in reviewing and determining the best talent for the department during recruitment.
62. Lead in reviewing and determining disciplinary matters of staff with HR support.
63. Supervise to ensure finance offices are clean and firefighting equipment is unblocked.
64. Lead, in liaison with HR and the HSE Officer, to develop a culture of health, safety, and environmental management within the department.
65. Lead the department to analyze and provide strategic recommendations on business operations, revenue/expenditure trends, financial commitments, and future revenues.
66. Implement improvements to fulfill the company’s strategic objectives.

1. Bachelor's Degree in Finance, Economics, Accounting, or a related field.
2. Chartered Accountant (CA), ACCA, CIMA, or equivalent qualification.
3. Proficiency in business software/ERP systems, with SAP experience being an advantage.
4. Practical experience in setting up and overseeing internal controls.
5. Knowledge of ISO Management systems is an added advantage.
6. Minimum of 10 years of experience leading a finance function in a large, multicultural organization.
7. Proven track record of implementing financial strategy and demonstrating financial prudence.
8. Strong financial business acumen.
9. Experience communicating and managing C-suite and key stakeholders.
10. Demonstrated achievements in key responsibility areas.
11. Excellent planning and organization skills for monitoring business operations.
12. Ability to formulate strategies, concepts, and cope with setbacks and pressure.
13. Skilled in relationship creation, networking, persuasion, and influencing.
14. Capacity to act decisively and provide direction on financial problems, grasping complex concepts easily.
15. Strong negotiation skills and clear, persuasive communication to meet deadlines.
16. Results-driven approach and ability to work logically and systematically.
17. Ability to articulate and embed organizational objectives within the finance department's deliverables.
18. Demonstrated ability to liaise and work with internal/external auditors, financial institutions, and government agencies.
19. High level of integrity and ethical practice.
20. Ability to identify potential organizational risks and recommend mitigation strategies.
21. Assertive, proactive, diligent, and committed to high standards of service delivery.
22. Strong attention to detail.
23. Professional presentation.