Financial Control & Risk Manager at Sthenic Finance & Advisory Limited

Sthenic Finance and Advisory Limited is a finance Investment company with special focus in supporting growth business at resolving short and medium-term liquidity challenges through financing products and structure

We are recruiting for the position of Financial Control and Risk Manager

• The Financial Control /Risk Manager will be responsible for ensuring effective financial control across the company, to ensure it is compliant with relevant, regulation and accounting standards. To support the management of an effective and proportionate financial control framework, dealing with actual or potential control issues effectively and ensuring that financial activities are conducted in accordance with appropriate professional standards and principles of governance
• Design, assess, implement and monitor a robust Financial Reporting Controls Framework (FRCF), governance and methodology.
• Incorporate key considerations into the FRCF: mapping to the COSO internal controls framework; governance; programme management; materiality & tolerances; scope; implementation plan
• Identify, assess, document and monitor business processes (including financial systems) that affect the Group’s financial reporting, including the use of process narratives & flowcharts
• Lead, document and report on risk assessment of the business processes in respect of materiality & tolerances misstatements in financial
• reporting, including establishment of risk ratings for use in Group reporting
• Develop Group policies for controls and control objectives for core financial reporting processes
• Work with process owners to scope, design, and implement controls to address key risks and ensuring design adequacy and operating effectiveness of financial controls
• Develop and implement the controls testing process, including conducting reviews and testing of financial reporting controls compliance by process owners along with monitoring and overseeing the remediation of deficiencies identified
• Develop and deliver training and training materials for business process owners on a regular basis to build knowledge and understanding
• of risks and controls in the Group
• Prepare and manage the ongoing quarterly and annual reporting process for the FRFC to senior management and the board
• Actively seek uniformity and automation of controls across the Group through efficient use of financial systems and innovative technology to enhance and continuously improve the design and effectiveness of controls, including efficiencies in documentation, assessment, and testing of controls
• Coordinate with internal and external auditors to ensure the effectiveness of the controls are tested and the resolution of any audit findings
• Provide ad hoc reports and status on above responsibilities
• Assist with risk management activities and reporting
• Work on projects / initiatives as assigned
• Work closely with stakeholders across functions in a fast-paced environment, able to provide solution to issues
• Stay current on best practices and latest thinking regarding processes, risk management and controls
• Ability to manage multiple projects and communicate with different cultures and levels within the organization

SOFT SKILLS

• Assertive, clear and professional verbal and written communications
• Strong interpersonal, collaborative & conflict resolution skill.
• Ability to effectively design and present information to senior management
• Ability to define problems, collect data, establish facts and draw conclusions
• Agility and ability to work effectively both as part of a team and independently

Education/Experience Requirements

• Minimum of 3 years work experience
• Bachelor’s degree in accounting or finance
• CPA, Chartered Accountant or equivalent
• Auditing experience in a national public firm – Big 4 preferred
• Understanding of accounting and financial processes including risk and financial controls