Financial Controller at Ascentech Services Limited

Job Description

• The ideal candidate will have experience in financial management within the agricultural sector, possessing a deep understanding of the unique challenges and opportunities within this industry. The Financial Controller will play a critical role in overseeing all financial aspects of our operations, ensuring accuracy, compliance, and strategic financial planning.

Responsibilities
Financial Planning and Analysis:

• Develop and implement financial models, forecasts, and budgets to support strategic decision-making.
• Analyze financial performance, identify trends, and provide insights to senior management for optimizing profitability and operational efficiency.
• Conduct variance analysis and recommend corrective actions as needed.

Financial Reporting and Compliance:

• Prepare timely and accurate financial statements, including income statements, balance sheets, and cash flow statements, in compliance with regulatory requirements and accounting standards.
• Coordinate external audits and ensure compliance with all tax regulations and reporting obligations.
• Implement and maintain robust internal controls to safeguard company assets and ensure financial integrity.

Cost Management and Optimization:

• Oversee cost accounting processes to accurately track production costs, overhead expenses, and inventory valuation.
• Collaborate with operational teams to identify opportunities for cost reduction and efficiency improvements.
• Monitor and analyze agricultural commodity markets to inform pricing strategies and procurement decisions.

Strategic Financial Planning:

• Provide strategic financial guidance and recommendations to senior management, including investment analysis, capital allocation, and risk management.
• Evaluate potential mergers, acquisitions, and partnerships, conducting due diligence and financial modeling to assess their financial impact and feasibility.
• Develop long-term financial plans and forecasts to support business growth and expansion initiatives.

Team Leadership and Development:

• Lead and mentor a team of finance professionals, fostering a culture of collaboration, accountability, and continuous learning.
• Set clear performance objectives, provide regular feedback, and facilitate professional development opportunities for team members.
• Cultivate strong cross-functional relationships with departments such as operations, procurement, and sales to drive collective success.

Qualifications

• Bachelor's Degree in Finance, Accounting, or related field; MBA or CPA preferred.
• 10+ years of progressive experience in financial management, with a focus on agribusiness or related industries.
• Thorough knowledge of agricultural accounting principles, financial analysis techniques, and regulatory compliance requirements.
• Proven track record of leading financial planning processes, managing complex financial models, and driving strategic decision-making.
• Strong understanding of agricultural supply chains, production cycles, and market dynamics.
• Excellent leadership, communication, and interpersonal skills, with the ability to influence and collaborate effectively at all levels of the organization.
• Proficiency in financial software systems (e.g., ERP, SAP, Oracle) and advanced MS Excel skills.
• Demonstrated integrity, professionalism, and a commitment to ethical business practices.