Financial Controller FC

1. 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.
  

2. 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.
  

3. 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.
  

4. 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.
  

5. 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.
  

6. 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.
  

7. Contract Reviews and Management:

• Participate in procurement processes including prequalification exercises.
  
• Review asset disposal activities and ensure compliance with regulations.
  
• Ensure all club licenses are renewed and regulatory compliance is maintained.
  

• 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 fastmoving environments
  
• Strong communication and people management skills
  
• Effective time management and prioritization skills
  
• Ability to manage multiple projects with multiple stakeholders
  
• Strong decisionmaking numerical and analytical skills
  
• IT proficiency