Assistant Financial Controller

Position Overview

We are seeking a highly motivated and detail-oriented Assistant Financial Controller to join our finance team. In this pivotal role, you will provide critical support to the Financial Controller in overseeing and executing key financial controlling functions, including sales and receivables management, budgeting, forecasting, management reporting, internal controls, SAP automation, and financial analysis. Your expertise will be instrumental in ensuring the accuracy, efficiency, and compliance of our financial operations while driving strategic decision-making across the organization.

Key Responsibilities

The Assistant Financial Controller will play a central role in maintaining the financial health of the company by performing the following duties:

• Regional Financial Oversight: Monitor regional accounting operations to ensure strict adherence to company policies and procedures. Collaborate closely with business departments to identify and resolve operational issues, thereby maintaining seamless workflow and operational efficiency.
• Contract and Credit Management: Review customer contracts in alignment with the company’s approved pricing matrices. Ensure the accurate and timely issuance of customer credit notes, verifying compliance with contractual terms and valid promotional activities.
• Sales and Gross Profit Analysis: Conduct comprehensive sales and gross profit (GP) analysis segmented by business units, products, customers, and distribution channels. Identify trends, variances, and opportunities to enhance profitability and operational performance.
• Budget Variance Investigation: Analyze GP by category and customer, investigating significant budget variances to uncover root causes and recommend corrective actions. Monitor trade discounts, Days Sales Outstanding (DSI), operational expenses, customer incentives, and related accruals to maintain financial integrity.
• Provision and Accrual Management: Review and prepare monthly provisions for trade discounts, rebates, vendor support, commissions, and incentives, ensuring alignment with company policies and regulatory requirements.
• Commission and Incentive Calculations: Coordinate the preparation of periodical sales commission and incentive calculations, verifying compliance with approved policies and ensuring timely disbursement to stakeholders.
• SAP System Enhancement: Collaborate with the IT department to resolve system issues, implement enhancements, and drive automation initiatives within SAP financial modules. Contribute to the optimization of financial processes to improve accuracy and efficiency.
• Documentation and Compliance: Maintain meticulous records and documentation for all departmental processes, ensuring alignment with company policies, procedures, and applicable regulatory requirements. Safeguard commercially sensitive information, including financial and confidential data, with the highest standards of confidentiality.

Qualifications and Skills

To excel in this role, candidates must meet the following criteria:

• Education: Bachelor’s degree in Accounting, Finance, or a related field from an accredited institution.
• Professional Experience: Minimum of 7 to 10 years of progressive experience in accounting or finance, with a proven track record in financial controlling, reporting, and analysis.
• Technical Proficiency: In-depth understanding of accounting principles and regulations, including GAAP and IFRS. Proficiency in financial software and the Microsoft Office suite, with advanced Excel skills for data analysis and reporting.
• SAP Expertise: Hands-on experience with SAP financial modules, including financial modelling and automation processes.
• Soft Skills: Exceptional communication, interpersonal, and collaboration skills. Ability to thrive in a fast-paced, dynamic environment while maintaining a proactive and solutions-oriented mindset.
• Analytical Abilities: Strong attention to detail and analytical skills, with the capacity to interpret complex financial data and translate insights into actionable strategies.
• Ethical Standards: Commitment to maintaining the highest standards of confidentiality and integrity in handling sensitive financial information.

Why Join Us?

As an Assistant Financial Controller, you will have the opportunity to contribute to the financial success of a dynamic organization while developing your expertise in a collaborative and innovative environment. This role offers a platform to influence strategic financial decisions, drive process improvements, and advance your career in a supportive and growth-oriented setting.