Financial Controller Job Description

Financial Controller Job Description

Job Title: Financial Controller

Location: [Insert Location]
Job Type: Full-Time
Department: Finance
Reports To: Chief Financial Officer (CFO)/Finance Director

Job Summary:

The Financial Controller is responsible for managing the financial operations of the company, ensuring accurate financial reporting, maintaining robust internal controls, and providing leadership to the finance team. This role involves overseeing the preparation of financial statements, budgeting and forecasting, cash flow management, and ensuring compliance with financial regulations. The ideal candidate will have extensive experience in financial management, strong leadership abilities, and a deep understanding of accounting principles and financial reporting.

Key Responsibilities:

  • Financial Reporting: Oversee the preparation of accurate and timely monthly, quarterly, and annual financial statements, ensuring compliance with accounting standards (e.g., IFRS, GAAP) and regulatory requirements.
  • Budgeting & Forecasting: Lead the budgeting and forecasting process, working closely with department heads to develop financial plans that align with business objectives. Provide variance analysis and actionable insights on financial performance.
  • Cash Flow Management: Monitor and manage the company’s cash flow, ensuring sufficient liquidity to meet business needs and manage working capital effectively.
  • Team Leadership: Manage and mentor the finance team, providing guidance on accounting and financial matters, and fostering a culture of continuous improvement and professional development.
  • Internal Controls: Implement and maintain strong internal controls to safeguard company assets, ensure the accuracy of financial records, and mitigate financial risks.
  • Tax Compliance: Oversee the preparation and submission of tax filings, ensuring compliance with local, state, and national tax regulations. Work with external tax advisors to optimize the company’s tax position.
  • Audit Management: Coordinate and lead internal and external audits, ensuring timely and accurate responses to audit inquiries and implementation of audit recommendations.
  • General Ledger Maintenance: Ensure that the general ledger is accurately maintained, with appropriate reconciliations and adjustments, to support timely and accurate financial reporting.
  • Compliance & Risk Management: Ensure adherence to legal, regulatory, and internal financial policies, and identify and mitigate financial risks. Maintain compliance with corporate governance standards.
  • Process Improvement: Continuously evaluate and improve financial processes and systems, implementing best practices to enhance efficiency, accuracy, and reporting.
  • Stakeholder Reporting: Provide financial insights and reports to senior management, board members, and external stakeholders, delivering clear and concise updates on financial performance, risks, and opportunities.
  • Financial Analysis: Perform in-depth financial analysis to support business decision-making, including cost control, profitability analysis, and capital investment evaluations.

Key Requirements:

  • Education: Bachelor’s degree in Finance, Accounting, Business, or a related field. A professional accounting qualification (e.g., ACCA, CIMA, CPA) is essential.
  • Experience: 5+ years of experience in financial management or accounting, with at least 2 years in a supervisory or managerial role.
  • Skills:
    • Strong knowledge of financial reporting standards (e.g., IFRS, GAAP), tax regulations, and compliance requirements.
    • Proficiency in financial software (e.g., SAP, Oracle) and advanced Microsoft Excel skills.
    • Excellent analytical and problem-solving skills, with the ability to interpret complex financial data.
    • Strong leadership and team management abilities.
    • Excellent communication and interpersonal skills, with the ability to work with senior leadership and non-financial stakeholders.
    • High level of accuracy, attention to detail, and organizational skills.
  • Personal Attributes:
    • Strategic thinker with a proactive approach to financial management.
    • Ability to work under pressure and manage multiple priorities to meet tight deadlines.
    • High level of integrity and confidentiality in handling sensitive financial information.

Benefits:

  • Competitive salary and performance-based bonuses.
  • Health insurance, pension plan, and other benefits.
  • Opportunities for professional development and support for further study (e.g., ACCA, CIMA).
  • Career advancement opportunities within the finance and executive leadership team.
  • A collaborative and dynamic work environment.

How to Apply:

To apply for this position, please submit your resume and a cover letter to [Insert Application Email] or apply through [Insert Company Website]. We welcome applicants from diverse backgrounds and experiences.

This Financial Controller job description highlights the critical responsibilities of overseeing financial operations, ensuring regulatory compliance, and leading the finance team. The role emphasizes financial reporting, budgeting, and process improvements, with a focus on strategic decision-making and internal controls.