The Financial Controller plays a crucial role in maintaining the financial integrity and performance of the organization. This pivotal position ensures that all financial records are precise and up-to-date, allowing for strategic decision-making that fuels business growth and sustainability. As a leader in the finance department, the Financial Controller oversees budgeting processes, financial reporting, and compliance with financial regulations and standards. They hold the responsibility of supervising the preparation of all financial statements, ensuring accuracy and adherence to deadlines. With a sharp eye for detail, the Financial Controller analyzes financial data and trends, offering valuable insights to the management team. Furthermore, the Financial Controller is tasked with implementing efficient financial systems and controls, mitigating risks, and maximizing the organization’s financial strength. This role demands a professional with integrity, a keen strategic mindset, and the ability to drive financial health and operational efficiency. The ideal candidate is adept at managing financial teams, crafting robust financial strategies, and ensuring regulatory compliance.
Responsibilities
Oversee accurate and timely preparation of financial statements and reports.
Manage the budgeting process by coordinating with various departments.
Ensure compliance with local, state, and federal financial regulations and standards.
Develop and implement robust financial controls and procedures to safeguard company assets.
Lead financial audits, both internal and external, providing necessary information and resolving any issues.
Prepare forecasts, financial analyses, and cash flow management to support business planning.
Identify financial risks and develop strategies to mitigate them effectively.
Analyze financial data to identify trends, wastage, and areas for business improvement.
Supervise and mentor finance team members, fostering professional development.
Collaborate with senior executives to inform key strategic decisions and provide financial insights.
Enhance financial processes by assessing current policies and suggesting improvements.
Manage relationships with external auditors and relevant financial service providers.
Requirements
Bachelor’s degree in Accounting, Finance, or related field is essential.
Professional certification (e.g., CPA, CMA) preferred for demonstrating expertise.
At least 5-7 years of progressive financial management experience is required.
Strong knowledge of GAAP, financial regulations, and reporting standards.
Excellent analytical skills with the ability to present financial information clearly.
Advanced proficiency with financial software and Microsoft Excel is needed.
Effective leadership skills to manage and develop finance teams competently.
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