Finance Controller
Agro Ecom Ghana Limited
Total years of experience :15 years, 1 Months
Internal Control:
•Develop, implement and maintain a risk management policy.
•Maintain, develop or enhance the systems of internal controls in within the entity, and ensure compliance with the company finance and procedures.
•Plan and oversee compliance program, including review of controls, design of testing and preparation of management’s assessment of internal controls.
•Manage the external audit function through planning and execution to ensure reporting requirements are met.
•Initiate and maintain constructive dialogue with all business functions to create and grow internal control awareness in the business.
Finance Operations and Reporting:
•Manage through appropriate planning and co-ordination the completion of monthly, quarterly, half-yearly and annual financial reporting to shareholders according to their requirements, ensuring accuracy and completeness.
•Maintain, through appropriate review and analyses the accuracy, completeness and integrity of the corporation's consolidated financial transactions to ensure correct financial results are reported.
•Plan and analyse financial data through the review and preparation of general ledger reconciliations in accordance with corporate financial policies, legal and statutory requirements to ensure the financial accuracy and integrity of the financial records, which are used as a basis for reporting financial results to stakeholders.
•Monitor doubtful debt exposures and adherence to credit management policies. Participate in managing unusually large or complex credit structures for specific exposures in collaboration with Legal or and other department.
•Manage the Company's short-term funding requirements through the investigation and cost efficient use of suitable and adequate banking facilities.
•Ensure that all capital expenditures are correctly reported and accounted under local GAAP, the disposal of assets are recorded according to internal procedures and all assets of the company are respected.
•Maintain, through appropriate review and analyses the accuracy, completeness and integrity of the corporation's consolidated financial transactions to ensure correct financial results are reported.
•Monitor intercompany transactions; transfer pricing, accounts payables, accounts receivables, payments and reconciliations with proper authorization for any discrepancy adjustment.
•Drive achievement of Cash Conversion Cycle targets by leading the Steering Group, identifying risks & opportunities and reporting to management on a monthly basis.
•Grow equity value - increase gross profit and reduce debt.
•Oversight of day-to-day accounting to reporting operations ensuring that issues are timely identified and solved or escalated to the appropriate level including establishing and maintaining a robust and sustainable balance sheet reconciliation process.
•Ensure annual tax return prepared and submitted in accordance with statutory requirements. The tax returns are updated monthly to provide input for budgets and forecasts.
Business Partner:
•Expand financial reporting systems to proactively provide the commercial and management team with useful data.
•Drive effective internal and external communication interactions.
•Provide valuable inputs into aspects across the business to execute and drive maximized profitability.
•Lead systems integration efforts
•Financial analysis and providing expert financial perspective and opinions
•Responsible for all banking and finance activities. This includes negotiating lines of credit and vendor agreements, as well as reviewing all financial contracts, financing agreements and insurance policies.
•Provide crucial financial data and work with executive management to coordinate all financial planning functions with business operations
•Financial reporting duties include preparing financial statements, balance sheets, cash flow reports, budgets, budget-to-actuals and financial projections.
•Prepared internal control system documentation and performed a work through test on the present system of control and procedure as a requirement for the global office meeting up with its financial institution obligation.
•Ensure report are uploaded on server through an application called Cognos and reconciled with allocation of offshore cost and exchange revaluation converting local currency to the reporting currency (USD)
• Preparation of Monthly Management Accounts.
• Co-ordination of the company's budget process and the consolidation of all business cost centre budgets.
• Evaluate and correct post budget performance review errors.
• Manage statutory Audits in collaboration with the External Auditors.
• Prepare budgets for Accounts Department
• Responsible to the financial director for all financial matters and provide financial data accurately and timely.
• Proposing financial policies, objectives, programs to ensure a continuously sound financial structure.
• Controls and maintains the integrity and information on funds, Assets, Stocks, Securities and valuable documents.
• Setting up and following through a strong financial plan for the group at least three years in advance.
• Managing, delegating and controlling work loads within the department all while maintaining team work and responsibility.
• Promptly evaluates legal ways to add value to the financial results of the group in a timely manner.
• Constantly liaise with external tax Accountants to ensure corporate documentation and information is readily available to them while following through that returns and results are concluded promptly with maximum benefits to the group.
• Constantly evaluating and advising management on operational, political, environmental and economic risk for the group.
• Continuously developing and documenting clear Financial procedures, policies and controls from time to time.
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