Financial Controller

Job Description

At Stratostaff we design, implement and manage workforce solutions for large, specialized or routine staff complements giving you the opportunity to focus on your core business.

Roles & Responsibilities:

Financial Acumen:

Prepare and present monthly management accounts and financial reports to the Board.

Establish guidelines for budget and forecast preparation, and prepare the annual budget in consultation with the General Manager and Treasurer.

Ensure compliance with financial regulations and internal policies.

Oversee financial audits and prepare comprehensive responses to audit queries.

Committee Participation:

Attend and actively participate in committee meetings, including Audit and Governance, Membership Services, and Procurement committees.

Implement action points from committee meetings and provide updates on progress.

Articulate club financial matters and concerns to the Board and Management.

Forecasting:

Implement and oversee transaction and process controls within the organization.

Approve bank reconciliations and supplier payments.

Prepare cash flow forecasts and manage cash allocation to meet organizational needs.

Budgeting:

Oversee the preparation of departmental budgets by line managers.

Monitor risk management policies and advise on appropriate insurance coverage.

Negotiate with financial institutions for credit and other financial services.

Continuously review and update finance policies and procedures.

Banking and Payment:

Review and approve supplier payments and Local Purchase Orders (LPOs).

Oversee monthly stock takes and review bank and supplier reconciliations.

Ensure accurate and timely payroll processing.

Debt Control:

Oversee debt collection processes and analyze debtor aging profiles.

Assist the Credit Controller in managing delicate debt situations and member queries.

Liaise with debt collection agencies for overdue debts and streamline member payment options.

Contract Reviews and Management:

Participate in procurement processes, including pre-qualification exercises.

Review asset disposal activities and ensure compliance with regulations.

Ensure all club licenses are renewed and regulatory compliance is maintained.

KEY COMPETENCIES:

Financial Acumen

Business Acumen

Customer Focus

Operation Efficiency

Stakeholder Management

Team Leadership & People Management

Requirements

Master’s Degree or Bachelor’s Degree in Commerce – Accounting/Finance

Member of the Institute of Chartered Public Accountants Kenya with a practicing license

Minimum of 7 years’ experience as a Financial Controller in a busy organization.

Agile in fast-moving environments

Strong communication and people management skills

Effective time management and prioritization skills

Ability to manage multiple projects with multiple stakeholders

Strong decision-making, numerical, and analytical skills

IT proficiency