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Financial Controller
Job Code:2025-04-011
Department:Accounting
FT/PT Status:Full Time
  

Summary/Position Overview:

Position Overview

 

The Financial Controller is responsible for overseeing the full spectrum of financial management within the organization, ensuring accuracy, governance, and long-term financial sustainability. Reporting directly to the Senior Director of Finance or designee, this role provides strategic financial oversight across reporting, planning, treasury, accounts payable, risk management, hedging, and internal controls. The successful candidate will lead financial forecasting, performance analysis, and operational budgeting while implementing hedging strategies and ensuring compliance with affiliate reporting deadlines to maintain financial alignment across entities.


Duties and Tasks:

Key Responsibilities

 

Health, Safety, and Environmental Compliance

  • Compliance Enforcement: Ensure that all processes adhere to both internal safety policies and external environmental regulations specific to the utility sector.
  • Targeted Training: Complete utility-specific HSE training modules to support safe and compliant operational practices.

 

 

Strategic Financial Leadership & Governance

  • Financial Strategy Development: Lead the formulation and execution of financial strategies that align with corporate goals and industry regulations.
  • Executive Financial Insights: Provide data-driven recommendations to leadership team, delivering financial analysis that supports sustainable decision-making.
  • Corporate Governance & Risk Compliance: Ensure all financial processes adhere to industry standards, internal policies, and regulatory requirements.
  • Stakeholder Engagement: Serve as the financial representative in leadership and management discussions, and affiliate meetings.
  • Effective Communication: Deliver complex financial data and strategic insights in a clear, concise manner, tailored to diverse stakeholders including executive leadership, regulatory authorities, and internal teams.

 

Financial Planning, Analysis & Hedging Oversight

  • Market Risk Hedging: Develop and implement hedging strategies to manage commodity price volatility.
  • Performance Analytics: Conduct in-depth financial performance evaluations, identifying trends and variances to improve operational efficiency.
  • Forecasting & Budgeting: Develop and oversee long-range financial forecasting models, ensuring accurate projections that drive strategic decisions.
  • Cost Optimization & Profitability Analysis: Analyze cost structures, profit margins, and revenue streams to identify areas for efficiency improvements.
  • Investment & Capital Planning: Assess capital investment opportunities, ensuring optimal fund allocations for infrastructure and business expansion.

Financial Reporting, Affiliate Coordination & Audit Leadership

  • Financial Reporting Deadlines: Ensure timely submission of financial statements, regulatory filings, and management reports according to internal schedules and affiliate reporting deadlines.
  • Affiliate Reconciliation & Coordination: Establish reporting protocols with affiliates to ensure alignment, data consistency, and compliance across financial entities.
  • Regulatory & Internal Audit Compliance: Oversee audit preparations for internal and external financial reviews, ensuring full adherence to financial governance standards.
  • Executive-Level Reports: Prepare comprehensive financial performance reports for affiliate leadership, ensuring accuracy, transparency, and actionable insights.

Comprehensive Financial Management

  • Treasury & Cash Flow Optimization: Direct liquidity management, fund allocation, and cash flow strategies to maintain financial stability.
  • Hedging Execution & Monitoring: Manage financial instruments, derivatives, and hedging contracts to mitigate exposure to financial risks.
  • Accounts Payable & Payroll Administration: Ensure seamless execution and compliance across vendor transactions, payroll processing, and employee compensation.
  • Internal Controls & Fraud Prevention: Strengthen governance frameworks to minimize financial risks and prevent mismanagement.

Leadership & Team Development

  • Finance Team Oversight: Mentor and guide finance professionals, fostering a culture of accountability, accuracy and continuous improvement.
  • Cross-Department Collaboration: Strengthen collaboration between finance and operational teams, ensuring financial insights drive efficiency and support organizational goals
  • Process Optimization & Automation: Lead initiatives to refine financial workflows, implement best practices and leverage technology to enhance reporting accuracy and operational efficiency

Academic/Skill/Experience Requirements:

Qualifications

  • Education: CPA, CFA, or equivalent certification. Bachelor’s (or higher) degree in Accounting, Finance, or a related field from an accredited institution.
  • Professional Memberships: Preferred membership with The Bahamas Institute of Chartered Accountants (BICA)
  • Experience: Minimum ten (10) years of progressive financial leadership experience, ideally within a regulated industry.
  • Technical Skills: Expertise in financial modeling, IFRS, GAAP, and financial governance frameworks.
  • Communication & Leadership: Strong ability to convey complex financial strategies to relevant stakeholders

Other: