Financial Controller

The Credit Union is a dynamic, member-driven, savings and loans institution that integrates, preserves, and cultivates champions and visionaries in order to improve the lives of our local community. Differing in both philosophy and structure from other financial institutions, not just through positive economic and social change, but by members helping members that operate not for profit but for service. As an organization of collaboration and innovation, we welcome applications from individuals that want to further their careers in a growing, family-oriented environment, that endeavors to enrich the lives of our members and the community we serve.

PRINCIPAL ACCOUNTABILITIES

• Manage the day-to-day finance related activities for the Credit Union Headquarters and the Branch Offices including, but not limited to, accounts payables, receivables, and investments;
• Supervise a team of 3-6 employees;
• Ensure finance & accounting activities are in compliance with the IFRS, Co-operative Societies Law, Anti-Money Laundering Regulations, and Credit Union policies and procedures;
• Produce and analyze financial reports including all supporting documents by agreed deadlines, advising the Chief Financial Officer (CFO) of any significant changes;
• Ensure accuracy and completeness of data extracted from Core banking system;
• Review monthly reconciliations and take actions to resolve any discrepancies on a timely basis, including Bank, fee income and sub ledger reconciliations;
• Review of daily and ad-hoc journal entries as required and ensure that all other accounting transactions are recorded in a timely manner;
• Provide technical support and coaching to junior staff members where required;
• Assist the CFO with the preparation of the Credit Union’s quarterly and annual budget, strategic plan, budget to actual variance analysis, and cashflow projections;
• Assist in drafting and amending relevant policies and procedures;
• Provide quarterly report for regulator in a timely manner;
• Provide required information to the External and Internal Auditors;
• Provide direction and planning of work for the Accounts Department;

QUALIFICATIONS, EXPERIENCE & SKILLS

The post holder must possess

• A CPA or equivalent qualification with a minimum of 5 years’ experience in a management level finance or accounting position;
• Experience within the banking industry and /or Big 4 audit firms will be an added advantage.

KNOWLEDGE

• Knowledge of finance, accounting, budget, risk management, and cost control principles including generally accepted accounting principles;
• Knowledge of financial regulations; automated financial and accounting reporting systems;
• Knowledge of contracting, negotiating, and change management;
• Knowledge and experience of preparation of consolidated Financial Accounts and Accounting for Construction contracts will be an added advantage;

SKILLS

• Proven ability to analyze and interpret financial data;
• Detail and results oriented with keen attention to detail and high level of accuracy;
• Strong relationship management and leadership skills, recognizing the unique value, perspective, and ideas of individuals;
• Excellent communication, customer service, organizational, networking and interpersonal skills;
• Sound decision-making and judgement based on thorough analysis and experience;
• Ability to work on own initiative; able to handle multiple priorities efficiently in a fast-paced environment;
• Ability to bring integrity and impartiality to all tasks and observe strict confidentiality;
• Advanced computer skills in Microsoft Excel, Word and PowerPoint.

Credit Union offers an excellent remuneration package including a discretionary performance-based bonus, Pension and Health Insurance. Employees also participate as members in annual members dividends. TO APPLY: Interested applicants who meet the above qualifications may submit their cover letter and resume to Human Resources via our Careers Page at: https://cicsacu.bamboohr.com/careers.