Financial Controller – Development at Flexi-Personnel

DUTIES AND RESPONSIBILITIES

Budget and Forecasting

• Assist with monitoring allocated budgets to ensure compliance and highlight possible issues
• Provide inputs on the preparation of the budget when necessary and provide inputs on cost reduction measures
• Partner with relevant function heads, by providing them with analysis and advice in the planning process regarding budgeting, strategic plans, and periodic forecasts for their respective departments

Financial Control

• Ensure that the financial aspects of relevant contracts are adhered to and that contracts are renewed in a timely manner.
• Ensure reconciliation of accounts is conducted periodically and reviewed as required.
• Track revenue recognition and ensure revenue is allocated correctly, taking corrective action where inconsistencies arise.
• Review and provide inputs on the monthly depreciation schedule and reconciliation statements.
• Review the creation/deletion/revision of new vendor accounts after necessary approvals.
• Provide inputs for the development of relevant processes for reporting, benchmarks and policies for the organization and provide recommendations when required.
• Review all financial transactions, processes, records, and books of accounts ensuring they comply with International Financial Reporting Standards.
• Ensure accurate and proper inter-company, bank, suppliers, and advances/prepayment reconciliations are conducted and that the necessary actions are taken accordingly to maintain accuracy and safeguard the company’s assets.

Capex

• Support the process of reviewing Capex assumptions for the appraisal of new projects and budgets, by assisting with the development of feasibility studies and providing necessary analysis
• Support the control process by staying informed on the progress of relevant Capex investments approved projects/budgets and carry out a detailed analysis, giving feedback to concerned stakeholders about possible budget risks
• Support the value creation process by analyzing existing fixed assets details for productivity and identifying patterns applicable in new projects to maximize value creation to be recommended to concerned stakeholders
• Support the identification process of improvement areas for different stages of an investment process to identify potential for cash flow savings/synergies and create an optimized investment process and assist with the implementation phase
• Support the relevant functions by providing necessary analysis and detail of the organization’s Capex investment and expense process.

Reporting

• Develop relevant reports following the set standards and procedures
• Provide inputs to business units that include related analysis against agreed KPIs
• Examine all financial reports and data closely to check for discrepancies.

Human Capital Responsibilities

• Assist with the implementation of the performance management process by setting objectives, monitoring performance, and providing 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 the facilitation of training requirements
• Develop and implement on the job-training for the team
• Provide inputs for the development of the annual manpower plan
• Ensure the implementation of the client’s Retail corporate policies and relevant procedures.

QUALIFICATION EXPERIENCE AND SKILLS

• Bachelor of Finance, Business Administration or Commerce.
• MBA in the same field advantage.
• CPA or CMA is preferred.
• Strong analytical and technical skills
• Project management
• Strong communication and presentation skills

Minimum experience

• 5+ years in a similar position
• 2+ years in retail business is preferred