Financial Controller at AfyA Care

Objective     
The goal is to ensure integrity in the recording and reporting of the company’s operations so correct records can be available for decision-making. 

Core Working Relationships/Key Stakeholders     

Internal on-site and Head Office 

• Chief Financial Officer, Chief Executive Officer, OpCos Business Leaders, Heads of Teams in Corporate Services Division 

External 

• Auditors, Tax Consultants and Authority – FIRS and LIRS, Investor Groups etc. 
   

Responsibilities     

Financial Reporting 

• Lead all aspects of financial reporting, cost accounting, capital budget analysis, performance reporting and management information analysis including: 
• Prepare and publish timely monthly financial statements 
• Coordinate the preparation of regulatory reporting 
• Research technical accounting issues for compliance 
• Drive month-end and year-end close processes 
• Ensure quality control over financial transactions and financial reporting 

Accounting Operations 

• Have full and detailed grasp over application of Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS)  
• Manage and lead all accounting operations including Billing, A/R, A/P, GL and Counsel, Cost Accounting, Inventory Accounting and Revenue Recognition. 

Treasury & Cashflows 

• Support the CFO and CEO in managing treasury relationships with leading bankers and debt providers. 
• Advise on adherence to compliance with debt covenants and obligations. 
• Oversee preparation of weekly, monthly and annual cash flow forecasts. 
• Optimise free cash float and support invest decisioning to maximise investment income from insurance funds. 

Capital Budgeting and Forecasting 

• Prepare discounted cash-flows and other models of valuation of the HoldCo and group companies. 
• Support business expansion with return-on-investment and payback analysis working closely with the business leaders who are ultimately responsible for growing their businesses. 
• Support decision on investment strategies by considering cash and liquidity risks. 
• Present reports and analysis to the Management Investment Committee meetings. 

Financial Leadership and Governance 

• Present reports and analysis to Board meetings and quarterly financial reports and audited accounts to the Board of Directors and the Board Finance & Investment Committees when needed or requested. 
• Support the company’s financial planning 
• Support risk management by analyzing the organization’s liabilities and investments 
• Manage certain vendor relationships. 
• Competitive analysis of general market condition of all operating companies. 
• Awareness of macro dynamics and trends to support business decisions. 

Fund-raising & M&A 

Support Fund-raising and M&A activities working with Strategy and M&A functions who will lead such efforts. 
Support presentations for investor roadshows and other fund-raising activities and occasionally attend same. 

Compliance Governance 

• Take charge of the Annual audits and other regulatory reviews 
• Demonstrate a strong work-ethic to ensuring that all statutory, regulatory and professional standards, practices and behaviours are adhered to. 
• Work closely with Legal, Compliance and Internal Audit/Control functions to provide information on up-to-date best practice guidance and standards to ensure the Group meets its regulatory requirements. 

Professional Leadership 

• The ideal candidate will be a capable and industrious person with integrity and accountability. 
• Support the Chief Executive Officer and Business Leaders. 
• Provide analysis and information to business leaders and the CEO as inputs into business growth and executive decisions. 
• Provide information to aid strategic and risk management reviews for the Group and operating companies. 

Experience     

• The Financial Controller must be well-versed in financial reporting and accounting from simple accounting for cost, inventory, payables and receivables, performance reporting to understanding of taxes and compliance. 
• Initial experience of three to five years with a Big 4 Firm is highly desired 
• Subsequent experience of six to ten years preferably in a group function or in a conglomerate.  
• Experience in or understanding of financial services, insurance, healthcare, hospitality or Technology will be an added advantage. 
• ACCA or ICAN Membership 
• MBA or Master’s in economics/finance. 
• CFA Charter will be an advantage. Good consideration will be given if in the process of acquiring the charter. 

Competencies     

• Strong work ethic – Ability to influence others to perform their jobs effectively and to be a good example for team members. 
• Set a hands-on do it right tone for the role/function. 
• Has the desire to teach and support others and the ability to adjust teaching style to the learning needs of new and current team members to facilitate successful training and mentoring. 
• Strong analytical skills 
• Accuracy – Ability to perform work accurately and thoroughly. 
• Communication – Ability to communicate effectively verbally and in writing including press and other external communication. 
• MIS Skills – Understanding of ERPS and MIS as well as Automation tools like Programming and Power BI 
• Detail Oriented – Ability to pay attention to the minute details of a project or task. 
• Flexibility – Ability to adapt easily to changing conditions and work responsibilities. 
• Good time management and punctuality 
• Tolerance and patience. 
• A team player with a positive mindset. 
• Have full and detailed grasp over application of IFRS and GAAP  

Deliverables     

• Monthly Performance Reports 
• Weekly, Monthly and Annual Cash forecasts 
• Annual Audit Completion 
• Quarterly Board presentations 
• Quarterly Reporting to the Board of Directors. 

Work Environment     

• Fast paced environment with occasional high pressure or emergent situations 
• Work hours subject to office needs to ensure coverage during all hours of operation 
• Interaction with diverse population of team members, insurance companies, banks, investors and other members of the public. 

Physical Demands     

• Frequent sitting, standing, walking, and speaking 
• Frequent use of computer, keyboard and phone.