Controller Financial Reporting
5 days ago
Job Summary
Wallace Myers International is seeking an experienced Financial Accountant to join our team in ensuring accurate financial reporting, cost control, and compliance with accounting standards and regulations.
Key Responsibilities
- Prepare timely and accurate financial statements that meet regulatory requirements and provide insights for informed decision-making.
- Reconcile accounts, including inventory, cost of goods sold, and production expenses, to ensure accuracy and identify areas for improvement.
- Monitor and analyze production costs, raw material usage, and inventory valuation to optimize business performance and implement cost-saving measures.
- Collaborate with production teams to track and control manufacturing expenses and develop strategies for improvement.
- Develop and maintain financial models and forecasts to support business planning and decision-making.
- Ensure compliance with tax regulations, including VAT, corporate tax, and payroll taxes.
- Liaise with external auditors during annual audits and implement audit recommendations.
- Manage cash flow to ensure sufficient funds for operations and investments.
- Oversee accounts payable and receivable, ensuring timely payments and collections.
- Work with banks and financial institutions to optimize banking relationships.
- Implement and improve financial systems to support accurate and efficient reporting.
- Automate routine tasks and ensure robust controls over financial data.
- Train staff on financial policies and use of accounting software.
- Provide insights to senior management on financial performance and growth opportunities.
- Conduct financial analysis to assess investment opportunities or cost-saving measures.
- Participate in strategic projects, such as expansions, mergers, or acquisitions.
Requirements:
- A 3rd level qualification in Accounting, Finance, or a related field.
- Professional certification (e.g., ACA, ACCA, CPA, CIMA).
- Previous experience in financial accounting, ideally within a manufacturing environment.
- Proven track record of inventory management and cost accounting processes.
- Analytical skills: Strong ability to interpret financial data and identify trends.
- Attention to detail: Ensures accuracy in reports and reconciliations.
- Knowledge of industry standards: Understanding of cost accounting specific to food production.
- Communication: Effectively communicates financial insights to non-finance stakeholders.
- Problem-solving: Proactively identifies and addresses financial and operational issues.
- Technical proficiency: Proficiency in accounting software (e.g., SAP, Oracle, QuickBooks) and advanced Excel skills.
- Organizational skills: An ability to manage multiple projects under tight deadlines.
- Team player: An ability to collaborate across departments and with external partners.
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