Finance Controller

Job Description : FC NIGERIA 15-20 years experience Roles and Responsibilities Strategic Responsibilities · Accountable for administrative, financial and risk management operations of the Company through development of a financial and operational strategy · Ensurestheprovisionofdetailedfinancialdata,aswellasrelevant,accurateandpromptanalysisand recommendations required for daily business and financingdecisions. · Ensurestheintegrationofbothoperationalandfinancialmeasuresaimedatefficiency,growthand profitability of the business in thelong-term. · Ensures overall effective treasury, cash management and risk planningactivities. · Responsible for budgeting, financial performance monitoring andreporting. · Responsiblefortracking,developingandmonitoringofcontrolsystemsdesignedtopreserveCompany assets and report accurate financialresults. · Monitor and direct the implementation of strategic businessplans Operations and Planning · Implements operational bestpractices · Manage the capital request and budgetingprocesses · Assist in formulation the Companys future direction and support tacticalinitiatives · Provides guidance/advice to Executive Management about all proposals concerning major financial policies of the company, including but not limited to policies relating to the companys cash needs, shareholderdistributors,sharepurchases,investments,creditcontrolpolicies,taxationpolicies,budget and budgetarycontrol. · ResponsiblefortheFinanceDepartmentandmaintainsfinancialintegrityofitsbooks,financial processes, procedures and financialcontrols. · Serves as the principal executive accountable for financial strategy development and execution inthe company. · DevelopstheFinancialReportingsystemusingSAGEtoprovidetheExecutiveManagementandthe Board for a fully integratedsystem. · Maintain in depth relations with all members of the Managementteam · Liaises with external financial Services organizations, and investors as may be required, to thebusiness remains adequately funded in terms of Debt, Equity and Working Capital requirements. · ExpandsStillEarth’soutreachactivitiesandreferralnetworkstoensurevaluableandeffectivefinancial partnerships and alliances are forged that facilitate business growth and expansion requirements over time. · Approvesallfinance&accountingtransactionsandensuresprocesses/proceduresareeffectiveand comply with regulatory and statutoryrequirements. · Supervise acquisition due diligence and negotiate acquisitions and manage any third party towhich accounting, or finance functions have beenoutsourced. · MonitorstheCompany’sfinancialbooks/positionandsignsoffonanyadjustmentstoensureeffective controls. · Ensure surplus funds are properlyinvested. · Manages Company’s asset, debt, cost and profitability position and establishes an appropriate frameworkforthepromptrenditionofreturns/dividendstoinvestors,andforrepaymentsofshortand long-term debt to financialcreditors · Oversee the Company’s transaction processing system such as employee benefit plan, with emphasison maximizing cost effective benefits package. Financial Information · Review and approve relations of Company with otherCommission · Oversee the issuance of financialinformation · Report financial results to theboard Risk Management · Understand and mitigate key elements of the Company riskprofile · Ensure that the Company complies with all legal and regulatory requirements by supervising thatrecord keeping meets the requirement of auditors and governmentagencies. · Monitor all open legal financial issues involving and affecting theCompany · Maintain appropriate insurancecoverage · Maintain relations with external auditors and investigate their findings andrecommendations. · Defines financial targets (cash flows, ROI, ROC, PBT etc.) and ensures the sourcing of external debtand equity financing requires to support the company’s long-term growth and stability. · Establishes and maintains an effective financial management framework covering tax planning, financial control and management information system (MIS) processes that support the company’s mission and business objectives and enable the effortless production of relevant periodicreports. Funding · Monitor cash balances and cashforecasts · Arrange for debt financing and equityfinancing · Invest pensionfunds Third Parties · Maintain bankingrelationships · Builds strong and value-adding relationship with financing partners (local &offshore banks) and representsthecompanytotheexternalfinancingcommunitythrougheffectivecommunications, participation in workshops and otherevents. · Represent the Company with investmentbankers QMS, EMS & QH&SMS Responsibilities · Implement the QMS as defined by the manual and related procedures. · Obtain and communicate customer requirements to the appropriate personnel or functional organization. · Ensure that qualified personnel and other resources are available to implement the QMS. · Ensure that services satisfy customer requirements including quality, safety, cost, schedule, and performance; and · Ensure that personnel comply with applicable laws, regulations, specifications, standards, and documented procedures. · Awareness, understanding and application of EMS and OHS policies on assigned jobs · Awareness, understanding and application departmental /process EMS and OHS objectives. · Awareness on all possible hazards from assigned tasks and risk associated with assigned task and its identification and relevant controls required. · Awareness on possible Environmental aspect from related activities, how it can impact the environment and relevant controls required. · Awareness of your contribution to the effectiveness of the EMS and OHS, including the benefits of improved performance and associated opportunities for improvement of the processes assigned · Awareness of the implications of not conforming with SECRL EMS and OHS requirements including associated aspects and risks for the process assigned. KEY PERFORMANCE INDICATORS FOR FINANCIAL CONTROLLER % Current Ratio = KPI should fall between 1.5 & 3 (Current Assets / Current Liabilities) | Ability of company to pay liabilities % Working Capital = KPI should be a positive number | Financial ability to meet short term goals % Current Accounts Receivable and Average Debtor Days = KPI should be positive | Payment Turnaround Time for Debtors / Customers % Current Accounts Payable and Average Creditor Days = KPI should be consistent | Tracks how much company owes vendors and how long it takes to pay them. % Total cost of the Finance Function as a Percentage of Revenue = KPI should be 0.6 percent or less | Total finance cost / company revenue x 100 % Return on Equity | % Return on Assets | % Debt Equity Ratio Monthly / Quarterly / Annual Financial Reports: 1) Cash Management 2) Profit & Loss 3) Financial Performance 4) Year End Annual Report In addition to above, the incumbent must demonstrate: · Excellent use of MS OfficeSuite · Excellent Knowledge of Financial Systems /Programs · NumericSkills · BusinessEthics · Professionalism · CommunicationSkills · Strong AdministrationSkills EDUCATION & SKILLS REQUIRED Minimum Education Required · Bsc. Financial Management / AccountingField · Fellow / Certification of a professional financial bodyis a must (ACCA, or ICAN) · Master’s in accounting, Finance isadvantage Minimum Experience Required · 5 years in senior position · Proven Experience in Financial Analysis, Financial Reports andLarge Budgets

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