Financial Controller
6 days ago
Key Responsibilities:
- Financial Reporting:
- Prepare accurate and timely financial statements, including income statements, balance sheets, and cash flow statements, specific to the agriculture sector.
- Ensure compliance with industry-specific accounting standards and regulatory requirements.
- Provide financial analysis and insights to support decision-making processes.
- Budgeting and Forecasting:
- Develop and manage the budgeting process for agricultural activities, considering factors such as crop production, livestock farming, and equipment costs.
- Provide forecasts for crop yields, financial performance, and cash flow based on historical data and market trends.
- Monitor budget variances and implement corrective actions as necessary.
- Cost Analysis and Management:
- Conduct cost analysis for various aspects of agricultural operations, including seed, fertilizer, pesticide, labor, and equipment costs.
- Identify opportunities to optimize cost efficiency while maintaining quality standards.
- Implement strategies to manage farm expenses and improve profitability.
- Risk Management:
- Identify and assess risks inherent in agricultural operations, such as weather-related risks, commodity price fluctuations, and supply chain disruptions.
- Develop risk mitigation strategies and insurance solutions to protect against potential losses.
- Monitor market trends and regulatory changes impacting agricultural finance and operations.
- Government Subsidies and Grants:
- Stay informed about government subsidy programs, grants, and agricultural policies.
- Ensure compliance with eligibility criteria and reporting requirements for accessing subsidies and grants.
- Maximize opportunities to leverage government support for farm operations.
- Farm Financial Management:
- Oversee financial aspects of farm operations, including crop planning, inventory management, and procurement of inputs.
- Monitor cash flow, manage debt, and optimize working capital to support day-to-day operations and long-term growth.
- Collaborate with farm managers and agronomists to align financial management with agricultural best practices.
- Stakeholder Communication:
- Collaborate with internal stakeholders, including farm managers, agronomists, and senior management, to communicate financial performance, risks, and strategic initiatives.
- Provide financial insights and recommendations to support informed decision-making at all levels of the organization.
- Liaise with external stakeholders, such as lenders, investors, and regulatory authorities, to ensure compliance and transparency.
- Team Leadership and Development:
- Lead and mentor a team of finance professionals, fostering a culture of collaboration, accountability, and continuous improvement.
- Provide training and guidance to enhance financial literacy and effectiveness across the organization.
- Promote professional development and career growth opportunities for team members.
Qualifications:
- Bachelor's degree in Finance, Accounting, or related field; MBA or CA
- Strong understanding of agricultural finance, including cost analysis, budgeting, and risk management.
- Proficiency in financial modeling, forecasting, and analysis.
- Excellent knowledge of accounting principles and regulatory requirements specific to the agriculture sector.
- Advanced proficiency in financial software and Microsoft Excel.
- Exceptional analytical, leadership, and communication skills.
- Ability to thrive in a fast-paced, dynamic environment and lead cross-functional teams effectively.
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