Financial Controller

Responsibilities:

Financial Strategy & Planning

• Develop and implement financial strategies to ensure the organization's sustainability.
• Provide financial insights and recommendations to leadership and the board.
• Prepare and present financial reports, forecasts, and risk analysis.

Budgeting & Financial Management

• Lead the annual budgeting process, working with department heads to allocate resources effectively.
• Monitor budget performance, ensuring adherence and addressing variances proactively.
• Ensure efficient utilization of funds, optimizing costs without compromising impact.

Accounting & Financial Operations

• Supervise accounting functions, including accounts payable, receivable, payroll, and general ledger.
• Ensure timely preparation of financial statements in compliance with GAAP/IFRS.
• Maintain internal controls to safeguard assets and prevent fraud.

Compliance & Risk Management

• Ensure compliance with non-profit financial regulations, tax laws, and reporting requirements.
• Liaise with auditors, managing annual audits and addressing findings.
• Assess financial risks and implement mitigation strategies.

Cash Flow & Investment Management

• Monitor cash flow to maintain financial stability and liquidity.
• Manage banking relationships and oversee investments as per policies.
• Ensure optimal fund allocation for organizational sustainability.

Team Leadership & Capacity Building

• Supervise and develop finance team members, fostering professional growth.
• Train non-finance staff on financial policies, budgeting, and compliance.
• Promote a culture of financial accountability and integrity.

Requirements:

• A bachelor's degree in accounting, finance, or a related field is required.
• A master's degree or professional qualification (e.g., ACCA, CIMA, ACA) is highly desirable.
• Evidence of attending financial management courses or seminars.
• Minimum of fifteen (10) years of progressive experience in financial management, with at least three (3) years in a managerial or supervisory capacity.
• Excellent knowledge of local and international financial reporting requirements and Generally Accepted Accounting Principles (GAAP) for not-for-profit organizations.
• Strong leadership, communication, presentation, and negotiation skills.
• ACA qualified and  Experience in not for profit

Key Performance Indicators (KPIs):

Financial Planning & Strategy

• Accurate financial forecasts and reports are presented to the board on time.
• Strategic financial recommendations were implemented effectively.

Budget Management

• Budget variances are maintained within an acceptable threshold.
• Timely budget reviews and adjustments based on organizational needs.

Accounting & Financial Reporting

• Timely and accurate financial statements are produced monthly/quarterly.
• Clean audit reports with minimal findings.

Compliance & Risk Management

• Full compliance with regulatory and donor financial requirements.
• Effective risk mitigation measures in place 

Cash Flow & Investment

• Positive cash flow is maintained with sufficient reserves.
  
• Sound investment decisions aligned with financial policies.

Team Leadership

• Improved finance team performance and capacity.
  
• Staff trained on financial policies and compliance.