Financial Controller Job Description
Financial Controller Duties & Responsibilities
To write an effective financial controller job description, begin by listing detailed duties, responsibilities and expectations. We have included financial controller job description templates that you can modify and use.
Sample responsibilities for this position include:
Financial Controller Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Financial Controller
List any licenses or certifications required by the position: CPA, CIMA, ACCA, CIA, SOX, CFA, GAAP, MBA, CMA, US
Education for Financial Controller
Typically a job would require a certain level of education.
Employers hiring for the financial controller job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Finance, Accounting, Economics, Business, Business/Administration, MBA, Education, Management, English, Communication
Skills for Financial Controller
Desired skills for financial controller include:
Desired experience for financial controller includes:
Financial Controller Examples
Financial Controller Job Description
- Attendance at Executive Monthly Meetings and presentation of detailed financial performance against budgets and other key metrics
- Ownership and responsibility for developing operating budgets and delivery of cost effectiveness and agility
- Providing strategic and financial guidance to support the business
- Provide management and leadership within the business to ensure the required standards are consistently achieved
- Continuously montitor and improve the internal controls within the organisation
- Maintain strong working relationships with banks, external and internal auditors and other third party relationships
- Managing project finance options including leasing, hire purchase and corporate finance options
- Acting as a liaison with the CFO, Director of Finance, and other key financial personnel to review, understand and present financial information (fund performance/investments
- Ensuring accuracy, integrity and integration of all financial data and functions
- Proactively communicating with the Julian and key financial personnel on business issues
- Financial Control or Product Control experience within an Investment Banking environment preferred
- Ability to appreciate the complexities involved in controlling & reporting multi-entity, multi-instrument transactions
- Logical & proactive approach to issue resolution, able to break down a problem into its component parts, assess the available options and identify a recommended solution
- Able to gauge when to persevere unaided with investigation of an issue and when to seek guidance from more senior staff
- Flexible mindset, able to deal with deliverables and objectives changing at relatively short notice
- Timely production of annual financial statements for the US companies to ensure compliance with reporting requirements under US GAAP
Financial Controller Job Description
- Prepare and support the preparation of local GAAP and IFRS statutory accounts
- Take a proactive role in questioning processes in place with a view to continuous improvement
- Be the lead figure in the IFRS and FRS101 transition framework
- Managing and liaising with overseas outsourced accountants to ensure timely and accurate delivery of financial information to US Finance department
- Keeping abreast of improvements and techniques and advising the Finance Director on industry specific accounting issues in US
- Acting as a liaison with different departments to ensure the Finance Department is properly supporting the needs of the operating businesses
- Effectively managing, motivating and developing the Finance department
- Facilitating reconciliation of intercompany balances between US and overseas entities
- Overseeing the automation of Fixed Asset Register in accordance with the company policies and Accounting Standards
- Assisting the Finance Director / Group COO with ad-hoc projects and tasks
- Produce monthly compilation of monthly financial reports and statements
- Develop and direct the company's finance and administrative functions, including bookkeeping, budgeting, accounting, and other financial department services
- Maintain relationships with banks and other external financial institutions
- Oversee the management and coordination of all fiscal reporting activities for the organization including organizational revenue/expense and balance sheet reports
- Monitor banking activities of the organization
- Ensure that company financial records and reports are maintained in compliance with company policies and US GAAP (accrual basis)
Financial Controller Job Description
- Implement policies and procedures (internal controls) to provide reasonable assurance that the company assets are protected
- Ensure only valid expenses with proper management authorization are paid and that accounts payable are paid in a timely manner
- Delivery of month end performance reporting providing comprehensive analysis, raising issues and ensuring full integrity in the results
- Maintenance of finance KPIs
- Liaison with all areas of finance as appropriate
- Lead and participate in all financial operations of the firm
- Lead and participate in the monthly management company accounting close process
- Coordinate and review quarterly and annual partnership financial statements and related schedules
- Liaison with clients, banks, service providers and external managers
- Process investment activity
- OpCo Finance Teams
- UPI FP&A Group
- USI BV Finance and Treasury
- Cap Gemini
- Non-finance departments
- Minimum of 10 years of accounting experience with at least 4 years of managerial experience (Past Big 4 experience is required)
Financial Controller Job Description
- Ensuring processes that result in accurate and timely record keeping and readiness for annual auditing
- Manage and review all aspects of periodic capital call and distribution notices to Limited Partners
- Provide support and respond to Limited Partner special requests and reporting
- Maintain and ensure compliance with funds’ limited partnership agreements and external regulatory bodies
- Take an active role in making sure we are compliance with local regulations
- Interview, select, train & evaluate individual accounting employees performance, and monitor
- Manage outsourced functions when applicable
- Maintain files and ensure compliance with all insurance policies, contracts and legal agreements
- Establish and ensure compliance with all internal controls to ensure policies are enforced
- Work with Director of Purchasing to ensure that all stores are following Standard Operating Procedures (SOPs) set by company
- Liaise with other finance teams as appropriate (including LA team & HQ) ensuring settlement of intercompany transactions associated with service level agreements, recharges & shared costs
- Preparing information & reporting for HQ team (based in London/NY) (routine & ad hoc reports)
- Commitment and a willingness to work long hour
- Ideal candidate will have a Bachelor's Degree in Accounting and 3+ years of experience, CPA preferred
- Manage stakeholders across the breadth of the business
- Ability to build succesful relationships cross functionally
Financial Controller Job Description
- Producing full year end accounts
- Management of one staff member to ensure accurate, timely and informative output
- Preparation of monthly management reports with analysis
- Detailed analysis of performance to budget on a monthly and annual basis
- Monthly / yearly forecasting and daily / weekly cash reporting
- Providing timely and relevant financial analysis to the CFO to drive profitability and growth
- Managing completion of annual external audit
- Preparation of the consolidated financial statements / cashflow statement (with CFO)
- Closely monitoring the performance of members of the team
- Conducting timely performance appraisals and managing the career path of staff
- Qualified Accountant (2 years PQE) ACA, ACCA or CIMA
- A minimum of 12 years hands on accounting experience preferably from Big 4 and with commercial experience gained in sizable companies
- Fully Qualified Accountant (ACA/ACCA/CPA)
- University degree in business administration, accounting or similar
- 3 years experience from accounting department or audit firm
- Experience from high volume or transaction oriented business, preferably from an international and large scale organization is a merit