Vacancy title:
Finance Officer
Jobs at:
Gap Recruitment Services LimitedDeadline of this Job:
10 February 2023
Summary
Date Posted: Wednesday, January 25, 2023 , Base Salary: Not Disclosed
JOB DETAILS:
Key Roles & Responsibilities:
• Support all stakeholders Implement agreed business strategies.
• Liaise with the Senior Finance Officer for all support requirements
• Spearhead preparation of the yearly budget & quarterly forecasts in alignment of business short- and long-term strategic plans.
• Support the CEO with monitoring and implementation of pricing and mix changes to achieve profitability targets.
• Preparation and completion of general ledger and balance sheet reconciliations
• Analysis of actual financial results to forecast and plan
• Preparation of financial proposals which support the business needs.
• Monitoring and managing the organizations Bank relationships and liquidity management
• Manages year and Annual report processes, including liaison with external and internal auditors
Financial Reporting
• Have all financial reporting done in an effective, efficient and timely manner
• Complete all internal reporting requirements
• Preparation and completion of general ledger and balance sheet reconciliations
• Managing and balancing of inter-company accounts.
• Prepare adequate analysis on current business performance.
• Analysis of actual financial results to forecast and plan
• Margin analysis / Business analysis
• Preparing Group Management accounts periodically and as and when required.
• Preparation of financial proposals which support the business needs.
• Reviewing business processes to ensure they are relevant and efficient and proposing new processes / out of the box thinking where these are necessary
Treasury
• Monitoring and managing the organizations Bank relationships and liquidity management
• Manage debt facilities and investments
• Prudent Investments management
• Currency risk mitigation strategies
Tax Reporting
• Monitoring and managing the Groups tax obligations and reporting deadlines
• Ensure all tax liabilities are settled on time
• Ensuring proactive tax planning for the business
Process Management
• Ensures organization financial controls are appropriate and operate efficiently
• Manages year and Annual report processes, including liaison with external and internal auditors
• Manages all recommendations from auditors and ensure all agreed recommendations are implemented in a timely manner
• Safeguard and ensure the processes / procedures are strictly adhered to
• Developing external relationships with appropriate contacts, e.g. auditors, Secretaries, bankers and statutory organizations such as the Kenya Revenue Authority KRA
Desired Skills & Qualifications:
• Bachelors Degree preferably in Business, Accounting, Finance, or Economics.
• A member of ICPAK in good standing
• Minimum 5 years experience in similar role.
• In depth Knowledge of Financial planning and analysis
• IFRS Proficiency
• Treasury management.
• Experience in statutory Reporting
• Strong general management capabilities
• Strong relationship management capabilities
• Must demonstrate leadership qualities and be a team player
Work Hours: 8
Experience in Months: 60
Level of Education: Bachelor Degree
Job application procedure
Use the link(s) below to apply on company website.
Finance Officer
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