Job Description
Finance Controller
RESPONSIBILITIES
1. Accounting & Tax Compliance
- Ensure full compliance with all applicable local legislation, food industry regulations, statutory accounting standards, tax laws, and internal company policies.
- Maintain accurate, transparent, and complete accounting records, including appropriate accruals and deferrals related to inventory, production, and distribution activities.
- Ensure timely preparation and submission of accurate financial reports to management, stakeholders, and regulatory authorities.
- Oversee effective tax management in collaboration with tax specialists, ensuring compliance with VAT, excise duties, import/export regulations, and food-sector taxation requirements.
- Monitor changes in tax and food industry legislation, assess business impact proactively, and ensure efficient handling of all tax-related matters.
2. Internal Controls & Governance
- Ensure compliance with corporate governance standards and internal financial control guidelines.
- Develop and implement local finance policies and procedures that support ethical conduct, operational efficiency, and fair business practices.
- Establish and continuously improve an effective Internal Control System to minimize risks related to errors, inventory loss, fraud, or operational inefficiencies.
- Ensure segregation of duties and adherence to the “four-eyes principle” across finance, procurement, inventory, and supply chain operations.
- Promote a culture of integrity, transparency, accountability, and confidential reporting of misconduct.
3. Financial Controlling & Performance Management
- Ensure compliance with company controlling and reporting standards.
- Design financial reporting structures that align with operational responsibilities across production, sales, logistics, and distribution teams.
- Provide timely and meaningful financial information to budget owners through reports, dashboards, and regular review meetings.
- Improve efficiency in reporting processes to enable greater focus on analysis, business insights, and strategic decision-making.
- Lead the budgeting, forecasting, and long-term planning processes in alignment with company objectives and seasonal demand cycles.
- Support department managers during planning while challenging assumptions to ensure realistic and balanced business plans.
- Analyze financial performance, identify risks and opportunities, and recommend corrective actions where needed.
- Monitor and evaluate the cost-effectiveness of operational, marketing, and production initiatives.
- Establish monthly reporting cycles with clear analysis of variances between actual and planned performance.
4. Business Partnership & Commercial Support
- Build strong working relationships with department heads and operational teams based on collaboration, trust, and mutual accountability.
- Act as a strategic business partner by providing financial insights, profitability analysis, budgeting support, and decision-making tools.
- Support the business in improving efficiency, productivity, profitability, and cash flow management across manufacturing, procurement, and distribution activities.
- Promote cost awareness and operational efficiency through spending reviews, supplier negotiations, tender processes, and value optimization initiatives.
- Conduct return-on-investment (ROI) analysis for new product launches, promotional campaigns, equipment investments, distribution channels, and customer opportunities.
- Support negotiations with suppliers, distributors, and retail partners by providing financial analysis and commercial recommendations.
- Regularly review pricing strategies, margins, and value chains to ensure profitability while maintaining competitiveness in the food market.
- Ensure proper inventory valuation and contribute to minimizing waste, spoilage, and supply chain inefficiencies.
EDUCATION & QUALIFICATIONS
- University degree in Finance, Accounting, Business Administration, or a related field.
- Professional finance qualification (e.g., ACCA, CPA, CIMA) is an advantage.
EXPERIENCE
- Minimum 8 years of relevant Finance and Controlling experience, preferably within the food, FMCG, manufacturing, or distribution industry.
- Experience with import/export processes, inventory management, and supply chain finance is advantageous.
- Experience handling VAT, excise tax, and food industry regulatory compliance is beneficial.
- Experience working with production costing and inventory controls is highly desirable.
KNOWLEDGE & SKILLS
- Strong knowledge of accounting principles (Local GAAP & IFRS), taxation, and financial controls.
- Strong leadership and team management skills.
- Highly analytical with strong problem-solving and decision-making capabilities.
- Ability to identify financial and operational risks quickly and recommend practical solutions.
- Excellent communication and presentation skills with the ability to influence stakeholders across all levels.
- Strong business partnering mindset with the ability to translate financial data into actionable business insights.
- Advanced IT literacy, including excellent MS Excel skills and experience with ERP systems and business intelligence tools.
- Understanding of supply chain, inventory, and value chain management within the food or FMCG sector is a strong advantage.
- Self-motivated, adaptable, and capable of working effectively in a fast-paced, dynamic environment.
- Strong attention to detail with the ability to manage multiple priorities under pressure.