Financial controller job profile and description

Financial Controller Job profile and Description
The Financial Controller is a professional who oversees the book-keeping and financial reporting in an organization. The position is usually rakedhigh in most organizations. The Financial controller usually has an accounting background, which makes him an ideal candidate to oversee the accounting, monitoring and implementation of internalfinancial controls. His job entails having the entire oversight of a firm’s finances. This means that he/she must be knowledgeable about activities that can make the firm make more profits while keeping awayfrom those that would bring losses to the company.
Duties and Responsibilities
• Preparing financial reports, budgets, cost reports and financial forecasts on a regular basis
• Overseeing theaccounting staff, and the financial analysts
• Mentoring accountants for purposes of ensuring that their accounting and analysis duties are done well
• Ensuring that the financial records areaccurate
• Ensuring that every expense is properly documented
• Ensuring that the books of accounts are compiled every end of the month
• Ensuring that the books of accounts are compiled at the end ofevery financial year
• Working with staff in the accounts department in determining the level of profitability of the company within a specified time
• Ensuring that there is fiscalresponsibility within the firm’s operations
• Ensuring that the decision makers in the firm understand the financial implications of the missions they set for their company in a specific period
• He is heldaccountable for any financial decisions made in the firm because he is the ultimate authorizing entity
• Approves finances to be used in specific projects by the firm based on estimates made by theaccounting department
• Responsible for the budgetary control in a specific firm
• Corresponds with the senior management regarding any financial decisions that are made
Skills and Specifications...