Vacancy title:
Finance

Jobs at:
Ideon Solutions

Deadline of this Job:
10th December 2018

Duty Station:
Kenya

Summary
Date Posted: 28th November 2018 , Base Salary: Not Disclosed , Employment Type: Full-Time

About the Company

JOB DETAILS:

The Financial Manager is responsible for the integrity of financial information and administration of accounting activities, consolidating results from Business Units within scope. This role provides Divisional management with timely and accurate financial reports and statistics and enforces a system of internal control and accounting principles.

Responsibilities

•  Manage the production and review of consolidated periodical accounts and accounts of subsidiaries and associates in compliance with accounting standards, company policies and statutory requirements.
  
•  Provide actual financial reports on a monthly basis to the CEO and Board of Directors, in accordance with timetables.
  
•  Provide financial and accounting information required for Divisional and financial reports including commentary on key movements, where requested.
  
•  Establish and implement standardised general accounting processes, procedures and supporting templates and tools across the Division, ensuring collaboration with other General Accounting Managers across the group to enable consistency, where possible.
  
•  Obtain and maintain a thorough understanding of the financial reporting and general ledger structure.
  
•  Ensure the timely reporting of all monthly actual financial information.
•  Supervise the General Accounting team to ensure all financial reporting deadlines are met.
  
•  Ensure the monthly and quarterly Bank Compliance activities are performed in a timely and accurate manner.
  
•  Collaborate with Planning & Performance and Divisional Finance teams to support overall department goals and objectives.
  
•  Manage consolidated cash flow forecast, especially regarding debtors, collections, accounts payable and capital outlays.
  
•  Monitor and analyses general accounting processes to develop more efficient procedures and use of resources while maintaining a high level of accuracy.
  
•  Provide advice, training and support to the management team to improve the financial aspects of the Division.
  
•  Participate in the external financial audit process.
  
•  Ensure compliance with local statutory requirements and tax effectiveness of cost allocation to observe legal requirement on compliance.
  
•  Be aware and comprehensively understand all financial policy guidelines and procedures within the company and ensure dissemination / training of business partners and team members within their area of responsibility.
  
•  Contribute to the continuous improvement of financial policies and procedures, where possible.
  
•  Ensure compliance with the internal controls framework.
  
•  Work with the Tax team in management of Divisional taxation exposure through maintenance of strong procedures and control over accounting for income tax.
  
•  Review and seek advice from the external reporting team on all significant one-off transactions to ensure statutory compliance, risk mitigation and the most effective accounting treatment for shareholder value.
  
•  Review and assess Debtors position, arrears, collection and adequacy of provision for doubtful debts.
  
•  Identify opportunities for consolidation and integration of existing business / finance systems to reduce complexity, improve data flow through and drive process efficiency.
  
•  Responsible for completion of PEP/PPM plans for all employees in their area of responsibility.
  
•  Lead a team of professionals in order to achieve the set objectives of the Division / function.
  

Qualifications

•  Degree in finance, accounting, economics, or related field. A Master’s degree will be an added advantage;
  
•  Qualified CPA (K) or ACCA holder;
  
•  Membership of professional finance/accounting bodies e.g. ICPAK;
  
•  Minimum of 5 years’ experience in a vibrant organization, two (2) of which must be in a senior management position progressively within a busy finance, accounting, strategic planning department;
  
•  Have expert business knowledge and proficiency in financial management, analytical research, leadership, corporate communication, and strategic planning; and
  
•  High standards of professionalism and integrity.