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Financial Control Specialist
2 weeks ago
The Financial Control Specialist is responsible for overseeing the financial consolidation process, ensuring the accuracy and integrity of group financial reporting, and maintaining compliance with international accounting standards (IFRS/GAAP). This role involves leading the Record to Report (R2R) process, ensuring seamless financial close and reporting. Additionally, the role entails managing a team of finance professionals, driving process improvements, and enhancing financial governance across the group.
Key Responsibilities- Oversee the end-to-end Record to Report (R2R) process, ensuring efficient, accurate, and timely financial close.
- Establish and enforce best practices for journal entries, balance sheet reconciliations, and intercompany eliminations.
- Drive automation and process improvements to enhance the speed and accuracy of financial reporting.
- Ensure compliance with internal financial control policies.
- Collaborate with Group Business Services and Cluster finance teams to optimize the R2R workflow.
- Lead the monthly, quarterly, and annual financial consolidation process for the Group.
- Ensure timely and accurate group financial results in compliance with IFRS.
- Oversee accounting transactions and processes at a Group consolidated level.
- Review and analyze consolidated group financial results, identifying key trends, variances, and risks.
- Coordinate with Cluster finance teams to resolve consolidation and reporting issues.
- Develop and enhance financial reporting processes, ensuring standardization across the group.
- Collaborate with senior leadership for reporting to Group Exco, Group Audit Committee.
- Support key business objectives and strategies that impact the group structure including those achieved through mergers and acquisitions transactions.
- Oversee the consolidation of the Group's management accounting (RaPM).
- Oversee the accounting and the utilisation of cash resources of the Group's holding company including providing loans, making dividend payments, acquisitions, restructures, and other financing and investing activities.
- Maintain and enhance financial control frameworks to ensure compliance with regulatory and accounting standards.
- Oversee the implementation of accounting policies, ensuring consistency across the group.
- Oversee the external audit and financial statement preparation process.
- Monitor adherence to statutory reporting requirements across jurisdictions.
- Monitor internal controls to mitigate risks and enhance financial governance.