Corporate Finance Controller
3 weeks ago
JOB SUMMARY:
Corporate Controller is an integral part of the accounting functions of Sonco Worldwide Inc. Will provide daily oversight of accounting operations. You will manage the Accounts Payable team and be responsible for managing month-end close, tax compliance, and supporting the Finance Director. In this role, you will lead the accounting cycle, closing processes, and ensure the accuracy and integrity of the General Ledger. Key responsibilities include leading forecasting, budgeting, consolidating financial reports, and ensuring regulatory compliance. You will also lead audits, prepare various financial reports, and serve as a key backup and advisor to the Finance Director.
Experience:
- Mid- Senior Level
- 12- 15 years with minimum of 5-8 years of private accounting and supervisory experience.
Primary skills:
- Strong working knowledge of US GAAP
- Strong working knowledge of US GAAP
- Strong computer skills and knowledge of typical ERP systems/functions
- Strong working knowledge of MS Office, especially Excel
- Proven process improvement experience, especially in leveraging technology to gain efficiency
Qualifications:
- Certified Chartered Accountant (CA) with the knowledge of IFRS, and U.S. GAAP
- Certified Public Accountant (CPA) OR equivalent level technical accounting experience is essential
Competencies:
- Financial reporting & Analysis
- Budgeting & Forecasting
- Risk management & Internal controls
- Regulatory & compliance
- Team Managment
Expertise in specific assignments or projects:
- Prior experience or expertise in handling/ interacting with US clients
MAIN RESPONSIBILITIES:
Cash Management:
Monitor and manage daily cash transactions
Review cash receipts and posting
Monitor and Review daily cash reports
Maintain cash flow oversight
Accounts Receivable (AR):
Review AR weekly aging report in consolidation for each division and collection efforts
Ensure Credit limit approval matrix followed and AR write off is second approved by Corporate
Review Divisions Quarterly Bad Debt Reserves
Inventory (INV):
- Quarterly Inventory Reserves Review for each divisions
- Cycle Count Oversight for each division
- Inventory Write-offs: Ensure all inventory write-offs are properly documented and receive secondary approval from Corporate
Accounts Payable (AP):
- Supervise Consolidated AP Department
- Review and release approved payments across all divisions through the banking system
General Ledger (GL) and Accounting:
- Supervise GL activities and postings
- Ensure financial data accuracy and compliance
- Implement proper accounting controls
- Review accruals and review entries
Financial Reporting:
- Prepare and review financial statements
- Analyse financial data and provide insights
- Ensure compliance with accounting standards
Budgeting and Forecasting:
- Lead in annual budget preparation
- Collaborate with Division Controller for budget inputs
- Prepare financial forecasts and variance analyses
- Consolidate Budgets and Forecasts
Finance Corporate Governance:
- Identify opportunities where corporate governance can be strengthened to mitigate risks and ensure long-term financial health
External Audit Assistance:
- Assist auditors during internal and external audits
- Provide necessary documentation and explanations
Internal Audit:
- Management of Internal Audit Functions
- Process Oversight and Enhancement
Business Presentations:
- Prepare and review financial reports and presentations
- Communicate financial performance and insights to management
Compliance and Regulations:
- Stay updated with financial regulations and ensure compliance
- Implement internal controls and safeguard financial assets
Process Improvement:
- Identify areas for process improvement
- Streamline financial processes and implement best practices
Team Leadership and Development:
- Supervise and mentor finance team members
- Provide training and foster a positive work environment
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