Head, Financial controller and Budgeting
Responsibilities:
Financial Reporting & Consolidation:
Lead Group-wide monthly, quarterly and annual financial reporting and consolidation across subsidiaries, ensuring compliance with IFRS and applicable regulations.
Standardise accounting policies, reporting processes, intercompany eliminations, foreign currency translation and financial close across the Group.
Coordinate statutory audits and ensure timely management and financial reporting to the GED-F and Group Executive Committee.
Budgeting, Planning & Performance Management:
Lead the annual Group budgeting process, 3–5 year financial planning and rolling forecasts across steel, mining and energy businesses.
Monitor performance against budgets and forecasts, analyse key variances and provide actionable insights to management.
Track key financial and operational indicators including EBITDA, margins, production costs, cost per tonne, energy costs and ROCE.
Financial Controls & Cost Management:
Strengthen the Group's financial control framework, accounting policies and governance processes across subsidiaries.
Oversee cost accounting, standard costing and cost-control processes, particularly across manufacturing and mining operations.
Identify cost drivers, operational inefficiencies and opportunities for sustainable cost optimisation.
CAPEX & Fixed Asset Management
Oversee Group-wide CAPEX planning, approval, monitoring and post-investment reviews, ensuring robust financial evaluation and budget discipline.
Manage fixed asset accounting, including capitalization, depreciation, impairment, disposal, revaluation and periodic physical verification.
ERP & Finance Transformation
Lead finance utilisation of ERP platforms such as SAP, Oracle or equivalent for reporting, budgeting and financial control.
Drive automation, systems improvement and data integration to enhance reporting accuracy, efficiency and decision-making.
Leadership & Business Partnership
Lead and develop financial reporting, management accounting, budgeting and financial control teams across the Group.
Partner with subsidiary CFOs, Finance Managers and operational leaders to strengthen financial accountability and business performance.
Provide the GED-F and Group Executive Committee with timely financial analysis, insights and recommendations to support strategic decisions.
Requirements:
Bachelor's degree in Accounting, Finance, Economics or a related discipline .
ACA (ICAN) or ACCA is mandatory ; CIMA is an added advantage.
Master's degree/MBA in Finance, Business Administration or a related field is an advantage.
12–16 years' progressive finance experience , including at least 5 years in a Financial Controller, Group Financial Controller or senior financial reporting role.
Proven experience in financial consolidation and reporting across multiple subsidiaries , preferably within a holding company, conglomerate or large industrial group.
Strong knowledge of IFRS , particularly IAS 16, IAS 36, IFRS 15, IFRS 16, IAS 2 and IAS 12.
Strong experience in budgeting, financial planning, forecasting and performance management within a multi-entity environment.
Hands-on cost accounting experience in manufacturing, steel, cement, FMCG, mining or a similar industrial environment is strongly preferred.
Experience with SAP FI/CO, Oracle Financials or equivalent ERP systems , advanced Excel and financial modelling.
Experience coordinating statutory audits with Big Four or leading audit firms .
Key Competencies:
Financial reporting, consolidation and IFRS expertise
Budgeting, forecasting and financial planning
Cost accounting and cost optimisation
Financial controls and governance
Financial analysis and performance management
CAPEX and fixed asset management
ERP and finance transformation
Strategic business partnering and stakeholder management
Leadership, team development and process standardisation
Strong commercial and operational understanding