Financial Controller - Papua New Guinea

SUMMARY:

Role Purpose

The Financial Controller is responsible for overseeing all financial aspects of the organisation’s operations, with a strong focus on budgeting, forecasting, cost control, and regulatory compliance. This role plays a critical part in ensuring financial stability, operational efficiency, and informed decision-making through accurate financial reporting and analysis. The position requires a solid understanding of industry cost structures, working capital cycles, and operational economics.

Key Responsibilities

Financial Management & Reporting

Oversee daily financial operations, including accounting, budgeting, and forecasting.
Prepare and present monthly and annual financial reports to senior management.
Develop, implement, and maintain robust internal controls to safeguard company assets.

Cost Control & Analysis

Monitor and analyse costs related to production, labour, processing, logistics, and overheads.
Establish and track key production cost metrics, including cost per unit and efficiency ratios.
Conduct variance analysis comparing actual performance against budgets and forecasts.

Budgeting & Forecasting

Lead the annual budgeting process in collaboration with departmental heads.
Provide rolling forecasts, incorporating seasonal trends and market fluctuations.

Cash Flow & Working Capital Management

Manage cash flow and working capital requirements to ensure ongoing liquidity.
Monitor receivables and payables to optimise the cash conversion cycle.

Compliance & Audit

Ensure compliance with tax legislation, financial regulations, and internal policies.
Coordinate internal audits and provide required documentation, analysis, and responses.

Team Leadership

Supervise finance staff and ensure effective training, development, and performance management.
Promote a culture of accountability, accuracy, and continuous improvement within the finance team.

 

POSITION INFO:

Role Requirements

Qualifications & Experience

Bachelor’s degree in Accounting, Finance, or a related field.
Professional certification such as CA or CPA is highly desirable.
Minimum of 5 years’ experience in financial management, preferably within agriculture, manufacturing, or a related operational environment.
Hands-on experience working with ERP systems (Sage 300 preferred) and Microsoft Office products.

Technical & Professional Skills

Strong knowledge of cost accounting within agriculture or manufacturing environments.
Excellent financial analysis, budgeting, and forecasting capability.
Ability to interpret complex financial data and provide clear insights to stakeholders.
Strong leadership, interpersonal, and communication skills.
Ability to work under pressure, manage multiple priorities, and exercise sound judgement.

Key Performance Indicators

Budget accuracy, maintaining variance within 5% of actual versus forecasted results.
Achievement or exceeding of net profit margin targets set by management.
Cash flow forecasting accuracy of at least 90% on rolling forecasts.
Completion of quarterly internal audits with effective issue resolution.
Finance team performance, with at least 90% of team KPIs met or exceeded.
Should you not receive a response within 10 working days, please consider your application unsuccessful.

 

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