Job Description

Job Vacancy: Financial Controller

Industry: Retail

Reporting to: Country finance manager/District finance manager

Our client is seeking to recruit a Financial Controller who will be responsible for establishing a reliable financial reporting system in compliance with internal guidelines and procedures which monitors the achievements of the store objectives and provides stakeholders with relevant financial data for the decision-making process.

Key Responsibilities and accountabilities

Budget and Cost Control

• Assist in monitoring allocated budget for the store to ensure compliance and highlight possible issues


• Provide inputs on the preparation of budget when necessary


• Provide inputs on cost reduction measures for the store

Risk Management and Insurance Coverage

• Ensure proper and adequate insurance coverage


• Ensure that financial aspects of the contracts are adhered to and are renewed in a timely manner

Internal Control and Audit

• Ensure alignment of procedures with developed by the Finance function


• Guarantee that the fixed asset register is properly maintained


• Ensure that payroll is processed accurately and timely


• Control suppliers’ payment terms and consequences


• Monitor stock-check, sleeping stock, receiving controls and analyse shrinkage result


• Perform audits on CCO to minimize cash flow risks, prepare corrective actions and proposals for
  improvement


• Ensure the strict implementation of Internal Audit recommendations


• Review, develop and implement the finance strategy that supports the company’s corporate and
  business strategies

Reporting

• Oversee the preparation of store performance analysis by Department/Section


• Prepare business presentations and reports for stakeholders periodically and ad hoc basis when
  required


• Provide summary of asset information to the management regularly


• Responsible for business analysis and modelling including:
  
  
  
  • Monthly financial closing (budgetary control, P&L, Balance Sheet and Cash Flow)
  
  
  • Monthly forecast
  
  
  • Annual budget
  
  
  • Store turnover
  
  
  • Cash flow
  
  
  
  

Human Capital Responsibilities

• Assist in implementation of the performance management process by setting objectives, monitoring
  performance, and provide constructive feedback and provide inputs to senior management


• Provide mentorship for the purpose of developing a continuous talent pipeline for key roles


• Provide inputs on training needs and coordinate with the HC department to ensure facilitation of
  training requirements


• Develop and implement on the job-training for the team


• Provide inputs for the development of annual manpower plan


• Ensure the implementation of company Retail’s corporate policies and relevant procedures

Minimum Qualifications/education

• Bachelor’s Degree in finance, Business Administration or Commerce

Minimum experience

• A minimum of 5 years in a similar role, of which 2+ years in retail business

Skills

• Strong analytical and technical skills in financial analysis and reporting


• Good project management skills


• Knowledge of MS Office, particularly modelling in Excel


• Presentation skills


• Accounting concepts and knowledge of IFRS


• Investment appraisal process and capital budgeting

To apply send your CV to: recruit@flexi-personnel.com latest by 29th November 2021.

Indicate Financial Controller on the email subject for easier retrieval and placement.

NB: Flexi Personnel does not charge candidates for job placement

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