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  • Posted: Feb 10, 2017
    Deadline: Not specified
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    Rose Avenue Consulting Group is a financial management, strategy and consulting firm that combines deep industry knowledge with specialized expertise in corporate finance, strategy and research. Together with our clients and partnering companies we address our client’s most critical issues and challenges. RACG aims to provide a globally consistent s...
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    Financial Controller

    Summary

    Individually accountable for the financial accounting/ control function in the organization through supervised staff.

    Carries overall responsibility for credit management, tax risk management, procurement, and processing of financial transactions and maintenance of financial records.

    In addition, the individual will overseeing the Treasury back office function and maintenance of financial records.

    Financial Controller Job Responsibilities

    • Responsible for the financial control function across the Group.
    • Carries overall responsibility for the setting and implementation of credit policy, management of receipts of premium and other revenues and payments of claims and other liabilities.
    • Responsible for revenue assurance and determination of revenue recognition policies.
    • Contributes to and implements financial strategy.
    • Assists in evaluating the financial and business viability of new and existing projects and programmes.
    • Responsible for liaising with external auditors and preparation of statutory financial statements in accordance with Group accounting policies and IFRS.
    • Responsible for compliance with tax, legislative & statutory & other related requirements.
    • Ensures the development and implementation of financial policies, procedures and practices at a divisional tactical level and to provide guidance and support to the GCFO and management in dealing with all aspects of finance in accordance with such policies and procedures whilst also achieving operational goals and objectives
    • Oversees the Procurement function and ensures that the Group adopts the most efficient and cost effective procurement strategy
    • Supervise the Treasury function, oversee forecast cash flow forecasting for all entities in the Group, and Ensure that sufficient funds are available to meet ongoing operational and capital investment requirements
    • Responsible for the establishment of a sound management information function and ensuring the accuracy of information generated.
    • Oversee the development and administering of all procurement related activities for the Group

    Qualifications and Experience for the Financial Controller Job

    • Bachelor’s Degree in Finance, Business/Actuarial Science.
    • MBA, Masters in Finance or equivalent an added advantage
    • Professional qualification is Finance – CPA or ACCA qualified.
    • Minimum 5 years’ experience in a senior Finance role, preferably in Financial Services
    • Insurance industry experience an added advantage

    Accountabilities

    • Financial Control
    • Financial Planning and Analysis
    • Oversee the Procurement Function
    • Oversee the Treasury Operations Function
    • Financial Reporting
    • Governance & Compliance
    • Team Effectiveness
    • Competencies

    Method of Application

    Kindly send your CV and cover letter detailing your experience, qualification and motivation for the job to newton@racg.co.ke copy to recruitment@racg.co.ke , clearly indicating the job title as the subject and address it to the Recruitment Manager as soon as you read this advert.

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