Financial Controller

Manage and control all finance activities of the station that include authorising, (as per

the manual of authorities), evaluating and implementing corporate finance decisions in

areas covering Revenue, Receivables, Payables, Cash/Banking, Payroll, General Ledger

and Taxation.

• Plan, organize, direct and control the activities of all sub-ordinates at the station

with the objective of achieving high accounting standards, protecting the

company’s assets minimizing cost, setting up modern accounting systems and

establishing a business support function at the outstations.

• Manage the implementation of new accounting systems and procedures as

required by head quarters from time to time.

• Implement and monitor internal controls in all areas of the station.
• Responsible for the audit rating of the station as far as it relates to Finance areas.
• Liaise with all department head at the station/HDQ to provide adequate business

support for their areas.

• Exercise supervisory functions and exercise financial authority established by

management for the position.

The definition of duties or responsibilities mentioned below are only indicative and are not

exhaustive. The duties and responsibilities are subject to changes depending upon the

changes in operations at the station, local laws and requirements of the Head Office.

Accounts and records

1. Plan, organize, direct and control the activities of all sub-ordinates at the

station with the objectives of achieving high accounting standards, protecting

the company’s assets, minimizing costs, assist HDQ in implementing modern

accounting systems and establishing a business support function at the

station.

1. Direct the financial accounting function at the stations to ensure that there are

adequate internal controls and compliance with company policies.

1. Develop the support systems and processes at the station so that the

accounting transactions are correctly allocated and provide the required

management information on a timely basis.

1. Ensure proper maintenance of station accounts' records and documents such

as assets records, bank reconciliations, General ledgers, purchase/service

invoices, internal invoices, prepayment invoices, iexpense reports, remittance

advises, sales reports, receipts, bank statements, cheque books, payrolls and

revenue documents. Review the filing systems from time to time to ensure

easy accessibility at any time to the required information.

1. Review the existing manuals and procedures and advise simplification and

rationalization.

Expenditure

1. Prepare the annual plans and budgets (capital and operating) for the finance

activity at the station. Practicing budgetary control by ensuring that actual

expenditure is within the limits of budget so that no adverse variances could

occur.

Assist and guide in the preparation of the annual budgets of all departments at

stations. Ensure that they comply with management parameters and that they

are submitted to HDQ in time.

1. Control petty cash accounts at town office, Airport office etc.. to ensure sound

processing, according to GF procedure. Ensure that reimbursement claims are

lodged by staff on timely basis. Conduct surprise check of petty cash to ensure

that petty cash float is utilised for GF business.

1. Cause to run and maintain Station Payroll. Ensure that any changes in rate of

pay is supported by authorised documents.

1. Ensure proper application of company policies in the matter of settlement of

duty travel claims, entertainment claims, medical claims etc., of staff at the

station.

1. Maintain schedule of GF contracts with third parties and ensure that concerned

department initiates renewal process in time. Review the contracts to ensure

that GF interests are well protected

1. Ensure that payments for the purchases or services received are made to

supplier based on original documents, proper certification of services and

verification of rates and contract terms and conditions.Monitor and ensure

proper control over the disbursement bank account to ensure proper utilization

of funds and maintain optimal balance in this account so that no idle cash

balances is there, which causes a loss to the company, nor a shortage takes

place which could harm the company goodwill and causes bank interest

payable.

Ensure that bank reconciliation is prepared on timely basis. Any errors and

omissions in the bank statement to be advised to the bank and rectification

action followed up.

Desired Candidate Profile

EDUCATION & TRAINING

1. University degree or equivalent. Professional Accounting qualification is an

added advantage (CA/CPA/CMA/CFA)

1. Possess Good Accounting knowledge
2. Fluency in written and spoken English
3. Ability and experience in writing concise and accurate financial reports and

correspondences.

C. EXPERIENCE:

5-7 years experience in similar position. Airline experience in expenditure and

revenue accounting preferable.