Senior Divisional Financial Controller
5 days ago
The Senior Divisional Financial Controller is responsible for overseeing the financial management of the assigned division. This includes monitoring performance, ensuring compliance with regulatory requirements, and making strategic decisions to drive long-term economic merit.
Main Responsibilities
• Provide division with accurate financial reporting, variance analysis, and advice on internal controls.
• Coordinate and lead the division's budgeting process, controlling expenditure against plans and budgets, and reporting on variances.
• Assist in developing medium and long-term business planning issues related to the division, contributing to the global long-term business plan.
• Develop scientific forecasts of expenditure and projects relating to the division for inclusion in the monthly business report.
• Advise on all cost accounting, financial, and economic matters of the area within the division, exerting effective cost control over company activities according to global best practices.
• Monitor controllable costs, reducing expenses wherever possible, and continuously develop and refine costing models used by the company/division for better analysis and management of operating results.
• Review existing and future economic viability for the divisions, carrying out capital investment feasibility studies, and post-investment analysis related to the division.
• Provide critical business-related inputs during contract negotiations, monitor monthly reports from outstations, follow up on exceptional items, and maintain business-critical databases for effective control and decision-making.
• Develop various costing models, perform 'what if' and sensitivity analysis to find optimal solutions to problems, and evaluate existing and proposed operations of the division, programs, and procedures to create cost-effective operations and robust control and containment of operations costs.
• Periodically review internal control procedures in departments, recommend improvements where necessary, build financial analysis and statistical reports, and management presentations using office automation products and tools.
Requirements
• University degree or equivalent qualification in business/economics/commerce field.
• Fluency in written and spoken English, demonstrated ability to write concise and accurate financial reports for executive-level review, excellent business report presentation skills, and computer literacy with knowledge of MS Suites essential.
• Experience in GF core financial system is necessary, and a minimum of 10 years of relevant experience.
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