Sr. Financial Controlling Analyst

Overview

Overview Of The Role:

The Job holder maintains a strong accounting & operational control environment to safeguard assets, improve accounting processes, and manage business risks through financial compliance. Communicates financial concepts clearly and persuasively that is easy to understand and drives desired behaviors.

Ensure that the business activities are conducted in accordance with the Financial Control Models (FCM), and you also support the definition of local financial policies and ensure that the adherence to both local and global reporting standard are controlled.

What You Will Do:
Month End Controlling:

• Perform a pre-closing balance sheet review in conjunction with the FSSC team to identify any accounting anomalies to be cleared before the book closure
• Support in the monthly accrual process to ensure adequate accruals have been taken for the BU
• Ensure the balance sheet lines are correctly reflecting their balances to avoid Net debit/credit balance misstatements or any negative Balances in Asset lines. Inform FSSC of any errors to correct
• Ensure the bank balance reconciliations provided by FSSC throughout the month match the bank statements – advise on any rectification entries to be passed
• Ensure all leasing accounting entries have been passed and check all lease renewals/modifications have been carried out by the FSSC team
• Support driving any clearing of Balance sheet reconciliations identified post previous month-end closing
• Support document retention compliance process in all BUs being managed

Balance Sheet Reviews

• Complete random audits of workflow to ensure that all accounting transactions are appropriately authorized and executed
• Regular review of Balance Sheet schedules provided by FSSC and driving resolution of misstatements/unreconciled open items in GLs
• Ensure timely submission of Balance sheet substantiation to group finance
• Advise any reclassifications required to be passed by FSSC in the next monthly closing system
• Support the review of SAP to BPC reconciliation every month and minimize the entries posted in BPC
• Support the review of any audit adjustment entries being passed to ensure opening balances are correctly stated

BU Controlling/ Support to FSSC

• Help support the Central Division I2P lead on any AP-related matter not getting resolved (GRIR Clearing / Open Vendor reconciliations / Missing invoices / Missing SOA)
• Drive policy-compliant PO release strategy and establish DoA compliance for Non-PO invoices
• Drive review of Open POs, timely closure & deletion of POs or open line items
• Help in resolving unidentified & unallocated collections/credits in banks in conjunction with the FSSC O2C team by being the main point of contact between the FSSC and the Commercial team
• Help & resolve compliance issues escalated by FSSC

Internal Audit

• Ensure all Internal Audit reports are tracked, responded to, and recommendations are implemented in conjunction with the Operational P&C Team

Automation/ Process Improvement

• Support the streamlining of the finance process through automation where possible
• Support on Implementation of standard operating processes and practice
• Support any escalations related to DoA/policy compliance
• Drive resolution of matters highlighted by Group Finance/FSSC
• Liaise with the concerned team and communicate the closure of stores & company codes

Required Skills To Be Successful

• Microsoft Office, particularly Excel
• PC skills
• Analysis and troubleshooting
• Strong technical account knowledge and audit experience needed
• Solid experience in International Financial Accounting Standards (IFRS).
• Understanding of internal controls
• Understanding of System governance (especially in SAP)

What Equips You For The Role
Minimum Qualification and Knowledge
Education
– College or University degree in Finance
– Qualified Accountant

Minimum Experience

• Big Four Audit experience with 2 years of industry experience will be highly regarded
• Controller experience of at least 3 years
• Knowledge of SAP BPC or SAP Business Warehouse will be highly regarded
• Extensive use of Excel
• Retail experience is a plus

Behavioral Competencies

• Individual Accountability
• Communication & interpersonal skills
• Personal Integrity
• Strong analytical skills & problem solving skills
• Ability to follow up on outstanding issues
• Ability to work effectively as part of a team
• Ability to manage time & work under pressure
• Readiness to persevere with difficult tasks
• Ability to be assertive without being aggressive
• Able to focus and drive tasks to completion