The British Council is the world's leading cultural relations
organization and creates opportunities for people in the UK and
worldwide to understand each other, to work together and learn from one
another. We see this as crucial to building secure, more prosperous and
sustainable futures for us all. We build trust and understanding between
different countries and cultures and develop strong international links
that are of benefit to people in Britain and the rest of the world.
FINANCIAL CONTROLLER - WEST AFRICA
Pay Band: PB7 - F
Reports to: Regional Financial Controller
Duration of Job: Indefinite
ROLE PURPOSE
This
role supports the Regional Financial Controller with the end to end
accounting process across the operation; including month and year end
close, and ensures consistent, accurate and robust financial accounting
processes in line with accounting practices and corporate policies. This
is a key role in the new organisational structure emerging from the
Financial Transparency recommendations.
The role will manage a team (size will vary by region) of accountants which may be based in multiple locations.
MAIN ACCOUNTABILITIES
The post-holder will:
Manage
the financial month end process, being accountable to the Regional
Financial Controller for the pre-closing and month end closing steps,
including maintenance of accounting records.
As part of this the role
will also be responsible for review and monitoring all accounting
transactions and adjustments (accruals, deferrals and provisions),
including Inter-company accounting, ensuring appropriate use of these in
line with accounting rules
Review all manual journals and off-system payments to ensure accuracy and compliance with relevant policies
Perform reconciliation of all relevant accounts and ensure that this is completed to corporate standards
Ensure
that local external accounting requirements are adhered to. This may
include managing local providers such as tax accountants or auditors
Submission of local Tax and other statutory returns to Regional Financial Controller for approval
Provide
an advisory function to cluster operations on technical accounting
issues, and liaise with other spe...t finance functions such as Tax and
Treasury as needed
Identify issues and resolution in relation to financial accounting matters
Ensure
that requests for new Master Data items (Profit Centre, Cost Centre,
WBS, etc.) are compliant and that the integrity of finances is
maintained
Produce periodic reports relating to financial accounting for cluster as requested by Regional Financial Controller
Monitor the cost allocation ratios for the cluster operations to ensure that they are based in accurate accounting rationale
Ensure
that the cluster operation fully complies with Travel & Expenses
policy and that claims are submitted promptly and accurately with
relevant documentation
Manage the creation of billing documents once the process has been initiated by the cluster operation and monitors debt levels
Manage the process of Income in kind submissions
Manage with Regional Financial Controller the service level agreement(s) with SSC
Co-ordinate at cluster level provision of information to internal / external auditors
Implement audit recommendations at cluster level
Supporting cluster country going through a Tax and Status change project
Supporting subsidiaries in cluster on post-stabilisation phase
Responsible for cluster management of:
Banking relationship
Capital assets additions, disposals and depreciation
Compliance with treasury policy
Capital markets and funding o Financial risk management/FX management
Team Leadership and Management:
Demonstrate
effective leadership of the cluster Financial Controlling and
Accounting team and ensure that line management of staff is to British
Council standards
Coach and support individuals and teams
Ensure
that capability and capacity in the Financial Controlling and Accounting
team is fit-for purpose and able to respond flexibly to changes in the
portfolio and operating context
Ensure financial training for members of the team
Ensure Performance Management process in undertaken to meet corporate requirements
Actively support equality and diversity and work to the British Council’s EDI policy at all times.
KEY RELATIONSHIPS:
Internal
Country Directors & Cluster Leads
Regional Finance Director
FP&A Leads
Risk and Compliance Lead
Shared Services Centre
Corporate Finance External
Bank relationship manager
PERSON SPECIFICATION
Qualification:
Qualified Accountant - ACCA or CFA - with at least 3 years of experience post-qualification.
ROLE SPECIFIC KNOWLEDGE & EXPERIENCE:
Excellent leadership and communication skills
Able to relay complex financial information in an easy-to-understand way
Highly organised and deadline oriented.
Minimum of 3 years of qualified experience in a relevant managerial post.
Experience of managing a diverse team or group of stakeholders in multiple locations.
Experience of an ERP system.
Language Requirement:
Fluency in written and spoken English:
Shortlisted
candidates will either demonstrate they have met the required standard
through presentation of an agreed English language certificate, or will
be required to take the APTIS test and demonstrate a B2 level of English
proficiency.
RISK AND COMPLIANCE LEAD - WEST AFRICA
Role Type Advisory, Policy and Expertise
Pay Band: 7/F
Duration: Indefinite
Reports to: Regional Head Risk and Compliance
ROLE PURPOSE
This
role exists to monitor the effectiveness of financial controls, using
corporate frameworks as specified; to monitor risk levels and take
corrective action where this is required. It also acts as the first
point of contact within the region for counter-fraud activity, and will
participate in and lead regional investigations as needed drawing on the
expertise of the Central Fraud team and acting on their advice. The
role holder is accountable for recommending appropriate action to the
Regional Finance Director.
Context and Environment:
The
British Council is the UK’s international organisation for cultural
relations and educational opportunities. We create friendly knowledge
and understanding between the people of the UK and other countries. We
do this by making a positive contribution to the UK and the countries we
work with – changing lives by creating opportunities, building
connections and engendering trust.
We work with over 100 countries
across the world in the fields of arts and culture, English language,
education and civil society. Each year we reach over 20 million people
face-to-face and more than 500 million people online, via broadcasts and
publications. Founded in 1934, we are a UK charity governed by Royal
Charter and a UK public body.
Internal Operating Context-Regional:
The
SSA Business Plan sets out ambitious growth targets for both the number
of people we will work with and the income that we will generate.
Turnover by 2020 is expected to be over to £90 million in SSA, driven
predominately by growth in Contract income as well as Exams and Teaching
centres, despite a declining grant funding from centre. We also expect
to be more profitable, reinforcing financial sustainability. At the same
time we aim to achieve a step-change in the quality and performance of
the
British Council’s Finance function by April 2018. This will be
achieved through more consistent standard of financial reporting
enabling more informed decision making and satisfy the standards
demanded by external stakeholders.
The organisation will achieve this
by becoming increasingly efficient and commercial in its approach
whilst maintaining its public service ethos and charitable purpose. This
will be done through the implementation of a number of change
programmes, which will result in more efficient and simpler processes.
This
inevitably will expose the region to increased risks, which must be
carefully mitigating in a manner that allows business to continue
seamlessly.
The successful candidate must be collaborative and proactive in approach to successfully manage this large portfolio.
MAIN ACCOUNTABILITIES
The
post-holder is accountable for Financial Risk Responses, supporting the
implementation of and monitoring the adherence to, Finance policy and
process in the cluster, providing a critical part of the feedback loop
to Regional Head Risk and Compliance.
They will proactively analyse the control environment, identify hot spots and ‘trouble shoot’ as needed.
They
will make recommendations to Regional Head Risk and Compliance for
remediation and drive through change to meet required standards.
They
will also lead on counter-fraud planning and initiatives within their
cluster, working closely with the central counter fraud team
THE ROLE WILL:
Ensure
adherence with the global minimum controls standards (MCS) as defined
by Financial Governance and monitor performance on a quarterly / annual
basis as requested by Regional Head Risk and Compliance.
Spot checking of evidence for key control and assurance tasks and escalate key issues to Regional Head Risk and Compliance.
Agreement
and follow up of remediation actions where countries are not achieving
the required standards and escalate key issues to Regional Head Risk and
Compliance.
Implement processes and policies to assess and/or
monitor the effectiveness of risk governance frameworks / adherence to
standards as appropriate.
Assess risk/fraud profiles within
Region/Country in relation to political/economic changes and understand
how this impacts on the Global Risk Framework.
Foster a culture of Risk Management supported by policies and guidance.
Proactively
investigate potential problem areas and provide coaching and training
to relevant individuals/teams across the region to raise awareness and
build capability in risk management
Work with Global teams in the identification of compliance program initiatives.
Develop
the organizations capability around risk governance, counter fraud
management and decision processes aligned with British Council’s
operating model and risk strategy.
Ensure the highest level of
compliance and accuracy of all balance sheet reconciliations, bank
reconciliations and income reconciliations.
Define the reporting requirements to meet the needs of key stakeholders and address key areas of risk.
Implement
a culture and process of pro-active debt collection. Identify and
manage recurrent debtors including partners and suppliers.
Ensure all vendors are appropriately screened/credit checked as per British Council policies.
Implement business partner credit risk assessment tools.
Maintain strong and effective working relationships with all areas of Risk Management.
Schedule
regular meetings with leadership team in order to ensure a planned and
systematic approach to identify, prioritize and assess appropriate
compliance related activities.
Implement, and ensure compliance with, Counter Fraud management strategy:
Advice, support and conduct investigations and management of fraud cases.
Identify enablers for fraud, to inform and improve prevention efforts.
Use data analysis to support and inform proactive counter fraud
Key Relationships:
Cluster Leads
Risk & Compliance Managers
Policy and Process Analysts
Shared Services Centre
Counter Fraud Team
Financial Governance Team
Other important features or requirements of the job:
Requirement to travel across the region and to the UK but should be no more than 25%.
ROLE REQUIREMENTS
Threshold requirements:
Passport requirements/Right to work in country:
Country appointed
Assessment stage:
Shortlisting
Threshold requirements:
Direct contact or managing staff working with children?:
No
Assessment stage:
N/a
Person Specification
QUALIFICATIONS:
Minimum / essential:
University Degree in a relevant area, preferably Accounting, Auditing or Finance.
DESIRABLE:
Formal Training in Counter Fraud Management.
Risk Management qualification / diploma.
Assessment Stage:
Shortlisting
ROLE SPECIFIC KNOWLEDGE & EXPERIENCE
Minimum / essential:
Minimum of 3 years of qualified experience in a relevant managerial post.
Strong
multi-tasking skills and the ability to work in what is often a
confidential, responsive, deadlineoriented and dynamic environment.
Desirable:
Counter Fraud Management experience, including counter fraud planning and counter fraud investigations.
Assessment Stage:
Shortlisting:
Fluency
in written and spoken English Shortlisted candidates will either
demonstrate they have met the required standard through presentation of
an agreed English language certificate, or will be required to take the
APTIS test and demonstrate a B2 level of English proficiency.
British Council Core Skills Assessment Stage:
Analysing
Data and Problems Level 3: Analyses patterns - Seeks out and examines a
range of information to identify patterns, trends and options, to solve
multifaceted and complex problems.
Communicating and Influencing
Level 3: IsIs creative and adaptable in communications - Able to use a
range of non-standard and creative approaches to inform, and persuade
others, extending beyond logical argument to influence decisions and
actions in a way which is inclusive and engaging.
Managing risks:
Level
2: Supports a risk management culture - Has track record of identifying
and highlighting risks and suggesting mitigating actions.
Managing People:
Level
2: Supervises a small team - Supervises a small team of people doing
similar jobs to deliver short term tasks to agreed quality and time
standards.
Counter Fraud Management:
Level 2: Deliver training and build networks to raise awareness of fraud and its prevention.
Financial Policy:
Level 2: Identify and address the need for local variations to global policies, in consultation with stakeholders.
Finance Processes and Systems:
Level 2: Inform and advise on the implementation of process performance measures and controls.
Financial Risk Mitigation:
Level 2: Operate the process effectively to ensure significant financial risks are identified, mitigated and reported.
Internal Control Implementation and Assurance:
Level 2: Contribute to the development and implementation of governance frameworks and financial controls.
Proven risk management skills.
Strong problem-solving skills; comfortable tackling complex problems and breaking these down into manageable pieces.
British Council Behaviours Assessment Stage
Working Together (More Demanding):
Creating the environment in which others who have different aims can work together
Shaping the Future (More Demanding):
Changing the nature of what we do and the benefits we gain by thinking and planning with creativity
Creating Shared Purpose (More Demanding):
Creating energy and clarity so that people want to work purposefully together.
Connecting with Others (More Demanding):
Actively appreciating the needs and concerns of myself and others.
TO APPLY
Click on Job Title below:
FINANCIAL CONTROLLER - WEST AFRICA
RISK AND COMPLIANCE LEAD - WEST AFRICA
DUE DATE: 22 May, 2017
Latest Recruitment at British Council Nigeria
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