Financial Controller - Real Estate

Crystal Consultants
  • Nigeria
  • Confidential
  • 15-20 years
  • 10 Sep 2015

  • Finance/ Accounts

  • Construction/ Real Estate
Job Description

Overall accountability of controlling, financial accounting, treasury, accounts payable/receivable, working capital management, MIS, budgeting & reporting, ERP implementation, tax matters, administrative activities, etc.
Working independently
Includes lead supervisory and managerial roles.
Controlling & Financial Accounting
Review of day to day transaction for timely & accurate booking of cost to the respective cost center, department and divisions while authorizing the vouchers for payment
Review of the trial balance at the end of month and take corrective steps to enable drawing MIS from the system
Sub-ledger control account tally every month for all the sub-ledgers including inventory accounts vis-a-vis respective inventory valuation from the inventory module, trial balance of creditors and debtors from the respective modules in the ERP system
Fixed Assets additions scrutiny and capitalization thereof
Outstanding liabilities review for the month and the booking thereof in the finance accounts
Intercompany reconciliation & corrective steps
Audit schedule for financial audit on a monthly basis
Internal audit report review concerning the finance & accounts department
Approve all sales & purchase journals

Approval of all payments in e-payment systems, cheques, etc.
Cash Flow forecasting & organizing financing or credit lines to cover for future cash needs
LC and trade finance
Daily collections & routing cheques to banks
Confirmation of Tellers of the customers to enable receipting the same.
Review of cheques on hand on a daily basis with the control account
Bank reconciliation review and approval & corrective steps
Review the liabilities to the banks and providing funds to meet the commitments
Daily cash balances to confirm with the GL
Clear payments in the system for all the cheques as well as direct transfers on line.

Accounts Payable
Review LPOs sent by Engineering for projects and maintenance for justification & correctness in terms of accounting & approve the LPO in the ERP system
Accounting & marketing related Service LPOs to approve in the ERP
Review vendor posted invoices which are due for payment and endorse for releasing the payments.

Accounts Receivables
Confirmation of tellers for direct payments in to the bank by customers before receipts are posted
Credit Note authorization
Credit Limit review and authorization in the system
Age analysis review and bad debts provision review
Monthly schemes, discount and price groups update in the system.

Working capital management
Review all orders of for materials and equipment to ensure optimal stock and price
Ensure timely collections of receivables
Manage payments optimally.

Monthly P&L, balance sheet, cash flow, working capital management reports
Reporting the budget v/s actual variance in MIS
Monthly report of construction costs vs budget.

Budgeting & Reporting
Preparation of Master Budget for the Business Units
Preparing all construction and control reports on a monthly basis and review the budget v/s actual by the Business Units
Monthly report of construction costs vs budget.

Tax matters
In coordination with Group, coordinate all tax matters and ensure compliance and timeliness.

Implementation of Financial and Project management modules/programs
ERP training to users.

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Crystal Consultants