Summary
Date Posted: Wednesday, September 14, 2022 , Base Salary: Not Disclosed

JOB DETAILS:


Main purpose of the position:
The custodian and key strategic source for financial management and financial decision making in the business.
Provide financial advice and support to enable sound business decisions. This includes ensuring that financial practices are in line with all statutory legislation and regulations as well as group guidelines.


Key responsibilities:
• Overall responsible of managing the Finance Team.
• Monthly Management reporting with detailed analysis of sales and profit along with comparison with prior Rolling Estimate, Annual Business Plan and Previous Year.
• Manage the company’s operations working capital and capital expenditure.
• Ensure compliance of all applicable statutory and legal requirements; payment of PAYE/WHT & filing of PAYE / WHT returns - Monthly / Quarterly / Annual; timely filing of the company's annual tax returns.
• Coordinate and lead the annual audit process, this includes planning and managing internal/statutory/ external audits.
• Oversee and lead annual budgeting and planning process; administer and review all financial plans and budgets; monitor progress and changes and keep senior leadership team abreast of the organization’s financial status.
• Liaise with and provide support to HOD’s regarding departmental budgets, expenditures and financial reporting, this includes monitoring the budget implementation and advice on reallocation of funds when/where necessary.
• Ensure that all company assets records are well maintained in accordance with the accounting standards.
• Monitor depreciation of company assets to ensure that the provisions are made in accordance with the accounting standards.
• Plan, direct, and co-ordinate risk and insurance programs of establishments to control risks and losses.
• Analyze, classify risks and determine their potential impact on the company. Prepare operational and risk reports for management analysis. xii. Direct insurance negotiations and ensure that internal processes are adhered to ensure our claims are honoured should there be any in the year.
• Prepare Board Meeting documents and the circulation of the same to all the board members one week prior to the meeting.
• Update and implement all necessary finance policies and accounting practices from time to time in consultation with other senior finance officers.
• Set up and continuously evaluate internal control systems in line with changing demands, and ensure they are appropriately designed to serve the best interest of MRM.
• Work closely and transparently with all external partners including third-party vendors and consultants.

Minimum Key qualifications required
Qualifications required:
• Minimum academic qualification: BBA – Finance/Accounting option. Master’s Degree in Finance is added advantage
• Qualifications as an added advantage: (CPA, ACCA, ACA or equivalent)
• Professional registration and membership.

Experience required:
• General work experience (years): 15 years
• Specific to the position (level/discipline/years): 7years
• Industry: Manufacturing

Key competencies and skills:
• Analytical skills
• Decision making skills
• Excellent communication skills
• Interpersonal skills
• Leadership Skills
• Mentoring skills
• Problem Solving skills

Language requirements:
• Kiswahili
• English

Computer literacy:
• MS Office packages
• SAP/ERP Accounting Systems
• IT Software applications
• Outstanding knowledge of electronic spreadsheets

Personality profile:
• Business-centric
• Fast paced and prompt
• Achievement oriented
• Energetic and Enthusiastic
• Positive attitude
• Employee-centric
• Focused
• Self motivated


Additional/specific work requirements:
• High Integrity Levels
• Financial industry, accounting principles and regulatory guidelines.
• Experience of dealing with forex exchange
• Managed a capital investment and cashflow of more than 50-80 million USD.
• Experience working with FMCG COMPANIES, Building materials- cement and other industries.


Work Hours: 8

Experience in Months: 84

Level of Education: Bachelor Degree

Job application procedure

Interested and qualified candidates to apply through talent@workforceafrica.co.ke  on or before 25th September 2022 quoting the job title and the salary expectation on the subject line.

Please note Workforce Africa does not charge candidates for job placement.



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