Purpose of the Job

• Responsible for the company's financial plans and policies, internal control systems, its accounting practices (application of the respective local legislation for the statutory financial system and the realization of the group accounting standards for the IFRS). The position involves supervision over general accounting, property accounting, cost accounting, and budget controls.

Key Tasks & Responsibilities

• Directs the financial affairs of the organization and prepares financial analyses of operations, including interim and final financial statements with supporting schedules, for the guidance of management.
• The Financial Controller is responsible for the local legislation for the statutory financial report the realization of the group accounting standards for the IFRS report, and the preparation of financial and performance reports to local management and to corporate finance at headquarters.
• Supervised general accounting, property accounting, cost accounting, and budgetary controls. Maintains the company's system of accounts.
• Development, analysis, and interpretation of statistical and accounting information to appraise operating results in terms of profitability, performance against budget, and other matters bearing on the fiscal soundness and operating effectiveness of the organization.
• Responsible for evaluating the performance of personnel in the Accounting Department. This individual recommends training requirements, must keep the staff at the highest level of skill necessary to meet company needs and objectives, and may recommend that personnel be hired or removed from the Department.
• Prepares reports that outline the company's financial positions and proposes initiatives to improve the situation.
• Coordinates and directs the preparation of the budget and financial forecasts, institutes and maintains other planning and control procedures including the cost accounting system), and analyzes and reports variances.
• Is responsible for tax planning and compliance with all federal, state, and local corporate, payroll, and other applicable taxes. Establishment and filing of tax reports and declarations.
• Establishes and furnishes internal reports, revises and updates reports to be more useful and efficient and establishes and furnishes reports to headquarters as necessary.
• Determines depreciation rates (local GAPP) to apply to capitalized items and advises management on desirable operational adjustments due to tax revisions.
• Evaluate and recommend insurance coverage for protection against property losses and potential liabilities within the guidelines set by the standards set on the level.
• The Financial Controller has the responsibility for providing effective financial controls for the organization.