Job Description
Job Summary
- Our client is seeking an experienced and results-driven Financial Controller to oversee its financial operations, ensure accurate financial reporting, strengthen internal controls, and support strategic business decisions.
Key Responsibilities
- Financial Reporting: Oversee the preparation of accurate and timely monthly, quarterly, and annual financial statements and management reports.
- Budgeting and Forecasting: Lead the annual budgeting process, financial forecasting, variance analysis, and performance monitoring to support business objectives.
- Financial Planning and Analysis: Analyse financial performance, profitability, operating costs, and key financial indicators to identify opportunities for improvement.
- Cash Flow and Treasury Management: Monitor cash flow, working capital, bank balances, and liquidity to ensure the availability of funds for business operations.
- Inventory and Cost Control: Monitor inventory valuation, cost of goods sold, stock movements, shrinkage, wastage, and stock variances in collaboration with the inventory and operations teams.
- Internal Controls and Risk Management: Establish and maintain effective financial controls to safeguard company assets, prevent fraud, minimise financial risks, and ensure compliance with company policies.
- Revenue Assurance: Monitor sales reconciliations, point-of-sale (POS) transactions, cash collections, electronic payments, refunds, discounts, and other revenue-related activities.
- Accounts Payable and Receivable: Oversee supplier payments, customer balances where applicable, reconciliations, and the timely settlement of financial obligations.
- Tax and Regulatory Compliance: Ensure compliance with applicable tax laws, statutory obligations, accounting standards, and regulatory reporting requirements.
- Audit Management: Coordinate internal and external audits, ensure proper documentation, and implement corrective actions.
Requirements and Qualifications
- Bachelor's Degree in Accounting, Finance, Economics, or a related discipline.
- Professional qualification such as ICAN, ACCA, or an equivalent recognised accounting qualification.
- 7–10 years of relevant experience in finance and accounting, with demonstrated experience in a financial management or supervisory role.
- Previous experience in the retail industry, preferably in supermarkets, FMCG, consumer goods, or multi-branch operations.
- Strong knowledge of financial reporting, budgeting, forecasting, cash flow management, and internal controls.
- Proficiency in Microsoft Excel and financial management systems or ERP platforms.