Group Financial Controller For An Australian Business Entity

Whiz Consulting Private Limited
Noida, IN
02 May 2019
03 Jun 2019
Contract Type
Level of qualification
Not qualified, Part qualified, Qualified
The Group Financial Controller role is responsible for the production of timely group financials results for all entities and franchisees including tax compliance, P&L forecasting, cash forecasting, supervision of Finance staff and training of staff. Month end reporting for all entities specified, Cross company allocations and charges, Inter-company Reconciliations, Balance Sheet Reconciliations and Integrity of Profit and Loss Line items. The Executive CEO/MD can allocate additional responsibilities from time to time as required by the business. The Group Financial Controller will work collaboratively with all members of the management team and business partners. Reporting directly and indirectly to the CFO. The company has an existing Franchise network that it will expand significantly over the next 5 years. The Group Financial Controller will provide to franchisee’s advice and assistance in financial, procedural and compliance matters as per the company's policies and franchise contractual arrangements. Principal accountabilities are: Planning
• Assist in the prepare and management of the budgeting processes
• Develop financial and tax strategies
• Develop performance measures that support the business plans objectives. Operations
• Maintain in-depth relations with all members of the management team
• Develop KPI’s for Finance Staff and staff affecting financial and working capital outcomes
• Manage the accounting, legal, tax, and treasury
• Oversee the financial operations of subsidiary companies and franchisee’s operations
• Oversee the company's transaction processing systems
• Implement operational best practices
• Supervise acquisition due diligence and negotiate acquisitions Financial Information
• Assist in preparation of financial information
• Prepare financial results to the CFO for use by the board of directors or MD as specified by MD& CFO. Risk Management
• Understand and mitigate key elements of the company's risk profile
• Construct and monitor reliable control systems
• Ensure that the company complies with all legal and regulatory requirements
• Ensure that record keeping meets the requirements of auditors and government agencies
• Report risk issues to the CFO & MD
• Maintain relations with external auditors and investigate their findings and recommendations Funding
• Monitor cash balances and cash forecasts Priorities at commencement date:
• Review and optimise Rostering and Payroll processing
• Review Financial Staff work-loads and allocations to ensure work is being completed on a timely basis
• Review and improve P&L reporting for month end with a view of producing timely accounts
• Review month end results for P&L accuracy of Revenue, Cost Allocations and accruals.
• Analyse Entities results. Review financial viability of services, discuss possible improvements to offering.
• Participate and assist in franchise analysis, planning, roll out.
• Review admin and accounting function in all entities to improve processes and efficiencies
• Review and optimise existing systems, identify gaps in current system usage and opportunities
• Review entities P&L structures to achieve uniformity and simplicity
• Train staff on efficiency improvements
• Assist in insurance review for review by CFO CEO/MD Responsible for the production of timely group financials results for all entities and franchisees including tax compliance, P&L forecasting, cash forecasting, supervision of finance staff, month end reporting for all entities, reconciliations etc. Skills: Chief Financial Officer,Chief Finance Officer,Chartered Accountant,CA,MBA Finance,PGDM Finance Experience: 8-13 Years Education: CA,CS,MBA,M.Com