Job Title: Financial Controller
Location: Burao, Somalilnad
Background of Company
ILEYS Enterprises & Detergent Industry Corporation is a registered private owned company with Shareholder base with good financial background. It has a significant presence in Horn of Africa since 1993 at Burco the capital city of Togdheer Region. Our Business diversifies into two business verticals with many stem as Trading for Building Materials & Manufactures of all kind of Detergent products.
We are looking for outstanding professional with passion, dedication and commitment to excellence and innovation who are interested in contributing to business development whilst supplementing their income in the post of “Financial Controller”.
Basic Function: The Financial controller position is accountable for the accounting operations of the company, to include the production of periodic financial reports, maintenance of an adequate system of accounting records, and a comprehensive set of controls and budgets designed to mitigate risk, enhance the accuracy of the company's reported financial results, and ensure that reported results comply with generally accepted accounting principles or international financial reporting standards. Principal Accountabilities:
Maintain a documented system of accounting policies and procedures
Manage outsourced functions
Oversee the operations of the accounting department, including the design of an organizational structure adequate for achieving the department's goals and objectives
Oversee the accounting operations of subsidiary corporations, especially their control systems, transaction-processing operations, and policies and procedures.
Ensure that accounts payable are paid in a timely manner
Ensure that all reasonable discounts are taken on accounts payable
Ensure that accounts receivable are collected promptly
Process payroll in a timely manner
Ensure that periodic bank reconciliations are completed
Ensure that required debt payments are made on a timely basis
Maintain the chart of accounts
Maintain an orderly accounting filing system
Maintain a system of controls over accounting transactions
Issue timely and complete financial statements
Coordinate the preparation of the corporate annual report
Recommend benchmarks against which to measure the performance of company operations
Calculate and issue financial and operating metrics
Manage the production of the annual budget and forecasts
Calculate variances from the budget and report significant issues to management
Provide for a system of management cost reports
Provide financial analyses as needed, in particular for capital investments, pricing decisions, and contract negotiations
Coordinate the provision of information to external auditors for the annual audit
Monitor debt levels and compliance with debt covenants
Comply with local, state, and federal government reporting requirements and tax filings
If the company is publicly held, then add a requirement to be responsible for the filing of quarterly and annual reports with the Securities and Exchange Commission
If the company is a small one, then the controller likely assumes the responsibilities of the chief financial officer
Desired Qualifications: The controller candidate should have a Bachelor's degree in accounting or business administration, or equivalent business experience and 10+ years of progressively responsible experience for a major company or division of a large corporation. Preference will be given to candidates with the Certified Public Accountant or Certified Management Accountant designations.
Working Conditions: Primarily in an office environment. Will be expected to travel as needed to company subsidiaries, as well as to potential acquires to conduct due diligence. Periodic weekend or evening work is expected.
HOW TO APPLY:
All interested candidate are encouraged to forward their CVs and applications to the email email@example.com . ONLY shortlisted candidates will be contacted for interview
The closing date is on: 25th December, 2017
Date of issue: 05th December 2017.