Summary
Date Posted: Thursday, January 16, 2020 , Base Salary: Not Disclosed

JOB DETAILS:
Lori Systems is a fast growing, technology venture based in Nairobi, Kenya led by Harvard & MIT graduates and backed by local & international investors and advisors. Leveraging 3 years of research at Harvard and in-house developed technology, Lori has built a logistics platform that is revolutionising the cargo-transport value chain in Africa – from the ground up. The relative cost of moving goods in the region is one of the highest in the world - leading to up to 75% of a product’s cost going to logistics (compared to 6% in the US). Lori enables the logistics space to operate at an order of magnitude more efficiently than it does today. Higher efficiency through Lori has been demonstrated to drive costs down which is expected to create new jobs & stimulate overall economic development in a tangible way. As Financial Controller you will be asked to implement best in class commercial and business controls, processes and reporting procedures. You will report to the CFO and work closely with the commercial finance teams and business leaders to support Lori’s ambitious growth strategy. This role will have significant exposure to the senior leadership team while being very ‘hands on’. It requires full end to end ownership over accounting, administrative structures, design of IT-systems (ERP), treasury, financial risk management, reporting, control environments, implementation of tax strategies, ownership of year-end audits and regulatory reports. .

  Responsibilities
• Oversee day-to-day accounting requirements and timely reporting and reconciliations
• Continuously identify, design and implement enhancements to Lori’s global accounting practices and reporting policies and processes
• Support tracking of the annual budget
• Lead the implementation of new IT-Systems (ERP)
• Own the company audits and relationship with external auditors, implementing recommendations to ensure best practices across the board
• Provide regular and ad-hoc support on historical business analytics to leadership team
• Manage treasury including A/R, A/P, cash flow and implement a hedging strategy
• Implement financial controls and risk management strategies

Job Skills: Not Specified

  Qualification
• Deep commitment to the vision of Lori
• Qualified CPA or equivalent
• 5+ years’ accounting experience
• Experience in a high growth environment
• Experience working in multi-currency environments
• Experience in forex management, VAT, and corporation tax
• Sound knowledge of IFRS standards
• Proven track record of implementing financial controls, addressing risks, and leading audits

Job Education Requirements: Not Specified
Job Experience Requirements: Not Specified

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