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Financial Controller (FC)

WA Oil Factory & Distribution PLC

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Finance

Financial Management

Addis Ababa

10 years

Position

2021-09-21

to

2021-09-25

Required Skills
Required skills have not yet been specified for this position this job
Fields of study
No fields of study

Full Time

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Job Description

Job Description

Job Summary

The financial controller (FC) is a pivotal and senior role within the Accounting and Finance Department. Reporting to the chief financial officer, the financial controller is responsible for ensuring that the accounting operations of the organization run smoothly.  

The FC oversees the accounting function of a company, ensuring that accounting records are kept appropriately and that reported results comply with accounting standards and relevant legislation. Some of their key duties include co-coordinating and leading the preparation of the budgets and financial forecasts, preparing monthly financial statements and other periodic financial reports, ensuring that the finance team operates within a robust control environment and being the principle point of contact for external auditors.

As a senior role, the FC can contribute to the financial strategy of the organization and will be instrumental in the development of internal control policies and procedures within the company. The FC also has responsibility for financial risk management and will be expected to work with other senior leadership to develop risk minimization plans. He/she will contribute to ensuring that financial systems are fit for purpose, are appropriately maintained and will help identify areas for improvement.

Duties and Responsibilities

  • Managing accounting operations (often including Billing, Accounts Receivable, Accounts Payable, General Ledger and Counsel, Cost Accounting, Inventory Accounting and Revenue Recognition)
  • Coordinating and directing the preparation of the budget and financial forecasts, reporting any variances
  • Preparing and publishing timely monthly financial statements
  • Creating monthly and annual reports to identify results, trends and financial forecasts
  • Ensuring that all financial transactions are properly recorded, filed and reported
  • Ensuring all reporting is compliant with statutory law and financial regulations
  • Documenting business processes and accounting policies to maintain and strengthen internal controls
  • Streamlining and improving accounting systems and operations
  • Overseeing the management of cash flow and debt/debt collection
  • Supervising and managing financial department staff
  • Managing the audit process and liaising with external personnel as required
  • Contributing to company financial strategy and decision-making processes
  • Assisting the CFO in presenting reports to senior executives, stakeholders and board members
  • Perform other duties as may be required  

Job Requirements

Education and Related Work Experience

  • Minimum First Degree in Accounting, Finance or related fields with 10 years relevant experience out of which 2 years in a managerial position (s) 
  • IFRS, ACCA or any other accounting related certification is more desirable
  • Experience in the FMCG industry is preferable 

Other Competency Requirements

  • Have exceptional numerical, analytical and problem-solving skills
  • Able to work under pressure and to tight deadlines.
  • Strong interpersonal and communication skills,
  • Good leadership and management abilities.
  • Strong business acumen

How to Apply

ONLY QUALIFIED candidates are invited to send Up to date CV with Application letter to ethiojobs.net

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