Financial Controller at The OmniGroup

JOB PURPOSE:

• To coordinate and supervise the activities of the Accounting Section.
• Ensure accounting information captured is accurate and provide timely and relevant reports to enable a review of decisions taken and to service as basis for future decisions.
• Robustly develop, review and implement systems, structures and procedures to enhance productivity and efficiency of the section.

KEY RESPONSIBILITIES AND DUTIES:

• Monitors all accounts transactions to check accuracy and completeness.
• Prepares and review assets, liabilities, expense and capital accounts entries by compiling and analyzing accounting information.
• Documents financial transactions by filing account information in their respective places for ease of retrievals for review and audit purposes.
• Summarizes current financial status by collecting information preparing balance sheet, profit and loss statement, Fixed Assets, Inventory and other reports.
• Substantiates financial transactions by auditing documents and matching the entries.
• Reconciles financial discrepancies by collecting and analyzing account information
• Contributes to team effort by accomplishing related results as needed.
• Reviews all Bank, Balance Sheet and Cash reconciliation.
• Approves daily Posting and vouchers.
• Reviews sales, VAT and WHT reconciliation, and monthly submission.
• Prepares reconciliation statements. A report on outstanding issue and the reconciliation statement must be submitted monthly for corrective actions to be undertaken where necessary.
• Maintains inventory of all Fixed Assets of the entities. Ensure all Assets are adequately tagged and counted periodically. Any discrepancies are also identified, and corrective action taken accordingly.
• Maintains oversight responsibility of inventory for the company and periodically undertakes measures to verify their availability and value in comparison with value in financial records
• Maintains Contracts, follow up with payments and report on contractual activities.
• Sets up and maintain a system in managing activities in the department.
• Follows up on outstanding issues and perform appropriate system entries.
• Prepares monthly, quarterly and yearly management accounts and reports.
• Makes sure organizational goals and targets are achieved.
• Sets up controlling procedures in maintaining and managing the affairs of the section.
• Liaises with management on issues and discussions on innovations and creative ways of accomplishing task(s).
• Ascertains details and train personnel to understand the need for System entries and the use of our current SYSTEM APPLICATION PRODUCTS (SAP)
• Takes up additional task(s), which is/are not specified in the above duties such as Inventory stock take, other innovative tasks, assisting in external audit i.e. Financial and Tax etc.

SUPERVISORY ROLES:

• Supervises the immediate subordinates to ensure that time, quality and other set standards are achieved timeously.
• Appraises the performance of immediate team members and identify and recommend appropriate skill-development and training needs for them.
• Administers rewards and sanctions, as evidently established, to immediate team members in accordance with the company’s disciplinary code and procedure.
• Supervises to inspire through coaching, mentoring, counseling and discipline.
• Assigns tasks and roles to team members ensuring work is equitably distributed among team members

INTERNAL RELATIONS:

• Maintain contacts with local and overseas locations and all heads of department on matters relating to Accounts, Assets and Inventory Management.

EXTERNAL RELATIONS:

• Maintain contacts with company’s clients, Auditors, Ghana Revenue Authority, Banks and other financial statutory organizations.

RESPONSIBILITY FOR ASSETS:

• Responsible for protection, conservation and efficient utilization of all ASSETS including computers and cash assigned to the department

COMPETENCIES:

EDUCATIONAL QUALIFICATION AND EXPERIENCE:

• Membership of a recognized professional accounting body such as ACCA, ICA, CIMA etc.
• Master’s degree in Accounting / Finance from a recognize University
• Minimum of seven (5-7) years working experience in Accounts

TECHNICAL COMPETENCIES:

• Knowledge of the Ghana and French tax laws
• Ability to understand accounting concept and principles
• Ability to prepare and interpret financial statement to management
• Sound knowledge of Ghana company’s code.
• Ability to budget and forecast
• Solid understanding of financial and accounting principles, systems and techniques
• Knowledge of the International Accounting Standards such as IFRS, IAS, etc.
• Ability to design and implement financial processes and systems

PERSONALITY COMPETENCIES:

• Assertiveness – ability to articulate viewpoints and stick to them where necessary
• Attention to details, be concerned with, or analyze detail without getting bogged down.
• Ability to keep to time and other commitments; delivers on commitments made to others.
• Good presentation and verbal communication skills
• Integrity – being truthful, trustworthy, and reliable

MANAGERIAL COMPETENCIES:

• Leadership – ability to explain company vision, values and standards to team members and set the appropriate examples.
• Ability to build a cohesive work team and motivate team members
• Ability to undertake short, medium and long-range planning and execute work plans.
• Knowledge of decis
• ion making and problem solving