Head, Financial Control

Job description

Key Focus • Responsible for the financial accounting/ control function in the business unit. • Carries overall responsibility for the preparation and quality of financial accounts and maintenance of financial records • Contributes to and implements financial strategy. • Assists in deciding on the financial and business viability of new and existing projects and programmes. • Analyses financial records such as income trends. • Plans and prepares budgets and documents such as the annual report, according to organisational goals. • Analyses and monitors the effect of budget or policy changes on business unit productivity. • Responsible for audit liaison as well as tax, legislative & statutory requirements. Key Result Areas Financial Control • Contributes to and implements financial strategy. • Responsible for the financial accounting / control function in the business unit through other managers and their teams. • Carries overall responsibility for the preparation and quality of financial accounts. Financial Analysis • Analyses financial records such as income trends. • Analyses and monitors the effect of budget or policy changes on the business unit's productivity. • Assists in deciding on the financial and business viability of new and existing projects and programmes. Financial Reporting • Plans and prepares budgets and documents such as the annual report, according to organisational goals. Governance and Compliance • Liaises with internal and external auditors. • Ensures tax, legislative and statutory requirements are met. Team Effectiveness • Individually accountable for staff time, tasks and output quality, over periods of up to 1 year. • Guides and directs staff to achieve operational excellence standards. • Balances own priorities with directing and motivating others. • Creates a climate for optimal performance. Accountability • Manages performance. • Selects potential staff to sustain customer / client service delivery. •15 years’ experience minimum •Individually accountable for the financial accounting/ control function in the organisation through staff supervised over periods of 3 months to a year. •Carries overall responsibility for the preparation and quality of financial accounts and maintenance of financial records. • Knowledge of local and global insurance practices. •Qualified Accountant – ICAN, ACCA, etc. •Experience in a financial services firm (Big Four) is an advantage. •Managerial skills. •Presentation skills. •High level Financial Acumen. •Great Interpersonal skills. Remuneration is highly competitive. Fosad Consulting Ltd is a business support services firm with offerings in Human Resource Management, Immigrations and Real Estate Consulting. We have been mandated by a client of ours to source for a top notch individual to fill the role of Head, Financial Control. Our client is a leading global financial institution offering Life Assurance and Short-Term Insurance services and provides a wide spectrum of insurance solutions tailored to meet unique individual and corporate clients' circumstances.