Head, Financial Control

Fosad Consulting Ltd is a business support services firm with offerings in Human Resource Management, Immigrations and Real Estate Consulting.

We have been mandated by a client of ours to source for a top notch individual to fill the role of Head, Financial Control.

Our client is a leading global financial institution offering Life Assurance and Short-Term Insurance services and provides a wide spectrum of insurance solutions tailored to meet unique individual and corporate clients' circumstances.

Key Focus

• Responsible for the financial accounting/ control function in the business unit.

• Carries overall responsibility for the preparation and quality of financial accounts and maintenance of financial records

• Contributes to and implements financial strategy.

• Assists in deciding on the financial and business viability of new and existing projects and programmes.

• Analyses financial records such as income trends.

• Plans and prepares budgets and documents such as the annual report, according to organisational goals.

• Analyses and monitors the effect of budget or policy changes on business unit productivity.

• Responsible for audit liaison as well as tax, legislative & statutory requirements.

Key Result Areas

Financial Control

• Contributes to and implements financial strategy.

• Responsible for the financial accounting / control function in the business unit through other managers and their teams.

• Carries overall responsibility for the preparation and quality of financial accounts.

Financial Analysis

• Analyses financial records such as income trends.

• Analyses and monitors the effect of budget or policy changes on the business unit's productivity.

• Assists in deciding on the financial and business viability of new and existing projects and programmes.

Financial Reporting

• Plans and prepares budgets and documents such as the annual report, according to organisational goals.

Governance and Compliance 

• Liaises with internal and external auditors.

• Ensures tax, legislative and statutory requirements are met.

Team Effectiveness

• Individually accountable for staff time, tasks and output quality, over periods of up to 1 year.

• Guides and directs staff to achieve operational excellence standards.

• Balances own priorities with directing and motivating others.

• Creates a climate for optimal performance.

Accountability

• Manages performance.

• Selects potential staff to sustain customer / client service delivery.

•15 years’ experience minimum

•Individually accountable for the financial accounting/ control function in the organisation through staff supervised over periods of 3 months to a year.  

•Carries overall responsibility for the preparation and quality of financial accounts and maintenance of financial records.

• Knowledge of local and global insurance practices.

•Qualified Accountant – ICAN, ACCA, etc.

•Experience in a financial services firm (Big Four) is an advantage.

•Managerial skills.

•Presentation skills.

•High level Financial Acumen.

•Great Interpersonal skills.

Remuneration is highly competitive.