Financial Controls Manager- EA
Reckitt
We are Reckitt
Finance
About the role
Your responsibilities
1. Addressing strategic and structural challenges
• Supervising all GFS activities for R2R (Record To Report) and P2P (Process to Pay) to ensure smooth GFS operations.
• Leading the Tax projects relating to KRA, iTax ledger reconciliations, Tax Compliance Certificate, Tax assessments, VAT Auto Assessments, Transfer Pricing documentation
2. Internal Controls
• Internal Audit - Ensure compliance with required Global Policies (existing and new policies), actions implemented on time from internal audit perspective.
• Ensure full Compliance with GFCF for respective sections.
• Ensure payments to all Vendors are made within agreed credit period and there should not be any overdue payments. Supervise GFS P2P team.
• Ensure month end check list and monthly tasks are fully adhered to.
• Carry out the fixed asset verification exercise and issue report to Leadership Team (LT).
• Develop full year reconciliation plan for Vendors & Customers and ensure 100% compliance.
3. Efficient and accurate Management and Statutory Reporting
a) Ensure timely and accurate submissions of month end results:
• Co-ordinate with respective functional teams to complete the month transactions for fixed cost, bank, customers and payables.
• Ensure HFM is completely locked with all memo schedules within Regional/Area Deadline.
• Ensure correct headcount reporting.
• Actively monitoring and controlling CFC (Company Fixed Costs) budgets.
• Sharing a monthly CFC report with Management Team for their visibility and actions.
• Ensure working files and all sub-systems like (RBSM, TSM and GL) are based on latest chart of accounts/PACT/MoCo.
b) Timely Statutory Reporting
• Ensure Statutory Audit, Annual returns and Board Resolutions are signed off on timely basis.
• Ensure all monthly and quarterly corporate tax amounts are paid within deadline.
• Complete quarterly tax working and book required adjustments in JDE.
• Ensure accurate quarterly Tax pack submitted in HFM.
C. Forecasting/Planning process
• Lead CFC FC/Plan process with relevant departments.
• Ensure effective NWC planning.
3. Managing Third Parties
• Company Secretaries
• Auditors
• Tax Consultants
• Bankers – Various requests from market/challenges.
• Lawyers
• Insurers – Insurance renewals and updates on policies.
The experience we're looking for
- Strong Analytical skills
- Stakeholder management with special importance to manage key external stakeholders including Tax/Revenue authorities, consultants and lawyers
- Expert in Microsoft Excel (Pivot tables, advanced formulas, Data Tables and Financial modelling)
- Effective communication skills with ability to present and participate in cross-functional meetings with senior management
- Highly motivated and results-driven
- Professional qualification (CPA/ACCA/CFA)
- Postgraduate Degree in Finance/Accounting with relevant experience in FMCG industry (more than 6 years)