Summary
Date Posted: Thursday, June 10, 2021 , Base Salary: Not Disclosed

JOB DETAILS:
The role provides COSEKE Senior Management with accurate and timely financial information; including forecasting throughout the month, completing management and financial accounts and metrics reporting, and fulfilling financial compliance obligations.
This role is a vital support role for the Country Manager KENYA providing insights and advice based on the story behind the numbers to ensure long-term financial viability and fit-for-purpose corporate services, including records, information systems and administration.
The provision of expert financial advice to Senior Managers is a key responsibility on matters including cost and pricing structures, business and financial operating structures, funding models, cost-saving strategies, as is a development of strategic financial planning and savings initiatives and strategies.
The Finances professional and efficient customer service to all COSEKE business partners, clients, suppliers, and employees.
Budget & Financial Planning
• Coordinate annual budget in line to COSEKE directions.
• •Monitor budget adjustments and provide a focal point for advice to other departments on budget matters.
• Monitor budget performance to investigate and report on adverse or unusual outcomes/trends.
• Monthly review and monitor the budget performance with all relevant managers in the other departments.
• Monitor monthly rolling forecast to reflect the realistic performance vs. budget and propose actions if needed.
Financial & Management reporting.
• Review and monitor all monthly/quarterly financial and management and annual reports.
• Enhance operational and financial performance reporting within the organization including profitability analysis of key business elements
• All the reports adhere to Accounting Standard, rules & regulations, policy & procedures
• Highlight financial risk & opportunity from reporting and propose solution.
• Ensure that accounting records and books of accounts are kept up to date and are in accordance with COSEKE’s chart of accounts
Risk Management
• Improve (Accounts Receivable) AR management
• Minimise forex exposure
• Compliance
• Co-ordinate the yearly financial statements and audit of COSEKE Kenya with the external accountants and auditors
• Conduct Monthly and annual cash flow projection and analysis
• Manage Business Planning and Budget Process.
Accounting Functions
• Ensure that accounting records and books of accounts are kept up to date and are in accordance with COSEKE’s chart of accounts
• Maintain accounting system (QuickBooks) for the management of COSEKE Kenya expenditures and reports
• Ensure that all payments to supplies and/or projects are in accordance with relevant COSEKE regulations and approved plans/budgets.
• Manage monthly payroll, and ensure necessary deductions and reimbursements are processed against staff accounts.
• Ensure that payments are received as per invoices due date and that expenditure by all staff captured and recorded correctly.
• Ensure that bank reconciliation, as well as debtors' and creditors' statements, are done monthly.
• Ensure that checkbooks, purchase order books, invoices etc. are well accounted for and are kept in a safe and secure custody
• Annually review accounting timelines and processes to ensure accounts are being produced across departments/projects in the most effective manner.
• Minimise tax exposure and penalties
• Ensure a healthy legal entity.

Work Hours: 8

Experience in Months: 60

Level of Education: Bachelor Degree

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Job application procedure
Interested and qualified candidates should forward their CV to: wendy.chauri@coseke.com using the position as subject of email.

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