Deadline of this Job: 20 August 2022
Key Responsibilities
• Managing the day-to-day bookkeeping and reconciliation for all business activity in Kenya including loan disbursements and repayments, interest, and other related items.
• Utilizing posting tables and ensuring clear processes are followed for all records.
• Daily reconciliation of loan disbursements and repayments
• Preparing invoices and recording all transactions accurately in the accounting software
• Ensuring that the Kenyan entity is fully compliant with all tax and financial obligations as per the legislation and regulations of Kenya
• Implementing a strict internal control framework, with adequate checks and balances, to mitigate against the risk of fraud or error.
• Maintaining a high level of data quality and integrity
• Supporting group-wide portfolio reviews
• Coordination of internal and external audits
• Processing tax payments and returns
• Ensuring all financial statements are prepared and reported on time
• Paying all local expenses (including payroll) on time and accurately recording them.
• Overseeing the bank accounts to ensure sufficient liquidity is in place and preparing a liquidity forecast together with the CFO.
• Coordinating with the account manager to ensure follow-up and renegotiation of client deals are done Achieving monthly/quarterly/yearly KPI’s.
• In addition, your involvement and input may be required with: Country strategy and budget sessions.
• Providing support to other countries if/when required
Key Qualifications
• Bachelor’s degree in business, finance, or accounts.
• Registered with ICPAK / CPA-K
• Strong knowledge of Accounting practices in Kenya
• Proven experience working in a finance or lending business (a strong advantage).
• Extensive experience performing bookkeeping and reconciliation duties via QuickBooks.
• Detailed understanding of local audit and financial reporting requirements.
• Knowledge of relevant tax reporting requirements in Kenya.
• Strong attention to detail.
• Ability to take ownership of tasks and drive projects through to completion
• Excellent time management.
• Commitment and determination to meet KPIs and help drive the business to success
• High level of proficiency with Microsoft Office, especially Microsoft Excel and Microsoft Word
• Bringing a positive, can-do attitude to work every day
Key Responsibilities
• Managing the day-to-day bookkeeping and reconciliation for all business activity in Kenya including loan disbursements and repayments, interest, and other related items.
• Utilizing posting tables and ensuring clear processes are followed for all records.
• Daily reconciliation of loan disbursements and repayments
• Preparing invoices and recording all transactions accurately in the accounting software
• Ensuring that the Kenyan entity is fully compliant with all tax and financial obligations as per the legislation and regulations of Kenya
• Implementing a strict internal control framework, with adequate checks and balances, to mitigate against the risk of fraud or error.
• Maintaining a high level of data quality and integrity
• Supporting group-wide portfolio reviews
• Coordination of internal and external audits
• Processing tax payments and returns
• Ensuring all financial statements are prepared and reported on time
• Paying all local expenses (including payroll) on time and accurately recording them.
• Overseeing the bank accounts to ensure sufficient liquidity is in place and preparing a liquidity forecast together with the CFO.
• Coordinating with the account manager to ensure follow-up and renegotiation of client deals are done Achieving monthly/quarterly/yearly KPI’s.
• In addition, your involvement and input may be required with: Country strategy and budget sessions.
• Providing support to other countries if/when required
Key Qualifications
• Bachelor’s degree in business, finance, or accounts.
• Registered with ICPAK / CPA-K
• Strong knowledge of Accounting practices in Kenya
• Proven experience working in a finance or lending business (a strong advantage).
• Extensive experience performing bookkeeping and reconciliation duties via QuickBooks.
• Detailed understanding of local audit and financial reporting requirements.
• Knowledge of relevant tax reporting requirements in Kenya.
• Strong attention to detail.
• Ability to take ownership of tasks and drive projects through to completion
• Excellent time management.
• Commitment and determination to meet KPIs and help drive the business to success
• High level of proficiency with Microsoft Office, especially Microsoft Excel and Microsoft Word
• Bringing a positive, can-do attitude to work every day
Deadline of this Job: 17 August 2022
Duties & Responsibilities
• Prepare timely and accurate financial budgets and forecasts by consolidating individual departmental budgets.
• Analyze budget and other financial variances (such as product margins) and advise the Finance Manager accordingly.
• Maintenance of the Fixed Assets register and ensuring that the fixed assets file is up to date with relevant and accurate supporting documentation according to laid down procedure.
• Assist the Finance Manager in maintaining desired working capital levels.
• Prepare forecasts and projected future cash flows for the business on a rolling basis.
• Consolidate cost and revenues and extract management information for decision-making.
• Analyze the business’ financial and general operating information to identify trends and opportunities for development.
• Review investment proposals to determine their viability.
• Ensure that control procedures set are strictly adhered to at all times.
• Report any deviation to the Finance Manager immediately.
• Oversee the stock take exercise (including spares) and ensure accurate stock records (volume, quantity, and weight) at all times. Investigate and promptly report on any variance.
• Issue monthly and yearly stock take instructions.
• Ensure physical verification and Authorize goods returned notes in accordance with the laid down procedure before credit notes are issued to confirm validity and reasons of return.
• Conduct or course a staff to conduct surprise checks on loaded delivery vehicles to ensure that physical goods tally with sales documentation. This should be done at least once a week.
• Ensure that all costing (including Raw Materials, WIP, finished goods, and spares) are done and captured accurately.
• Prepare monthly management reports within the set deadline.
• Conduct financial analysis as required.
• Provide financial information to senior management, including budget reports and performance of Cost Centers.
• Evaluate non-financial indicators, such as stock turnover, quick ratio, debtor’s ratios, cash ratios, profitability ratios, etc and report on their effect on businesses performance or profitability.
• Train and propose training programs for all staff reporting to you
• Ensure staff reporting to you are well skilled to provide high level services to the Company.
• Carry out quarterly performance reviews.
• Provide leadership to ensure maximum productivity and accuracy at all times.
Qualifications
• BSc/BA in accounting, finance or relevant field
• MSc/MA is an added advantage
• CPA (K) or ACCA or other relevant qualification
• At least 6 years experience 2 of which should be at the managerial level
• Solid knowledge of management accounting analysis and forecasting.
Duties & Responsibilities
• Prepare timely and accurate financial budgets and forecasts by consolidating individual departmental budgets.
• Analyze budget and other financial variances (such as product margins) and advise the Finance Manager accordingly.
• Maintenance of the Fixed Assets register and ensuring that the fixed assets file is up to date with relevant and accurate supporting documentation according to laid down procedure.
• Assist the Finance Manager in maintaining desired working capital levels.
• Prepare forecasts and projected future cash flows for the business on a rolling basis.
• Consolidate cost and revenues and extract management information for decision-making.
• Analyze the business’ financial and general operating information to identify trends and opportunities for development.
• Review investment proposals to determine their viability.
• Ensure that control procedures set are strictly adhered to at all times.
• Report any deviation to the Finance Manager immediately.
• Oversee the stock take exercise (including spares) and ensure accurate stock records (volume, quantity, and weight) at all times. Investigate and promptly report on any variance.
• Issue monthly and yearly stock take instructions.
• Ensure physical verification and Authorize goods returned notes in accordance with the laid down procedure before credit notes are issued to confirm validity and reasons of return.
• Conduct or course a staff to conduct surprise checks on loaded delivery vehicles to ensure that physical goods tally with sales documentation. This should be done at least once a week.
• Ensure that all costing (including Raw Materials, WIP, finished goods, and spares) are done and captured accurately.
• Prepare monthly management reports within the set deadline.
• Conduct financial analysis as required.
• Provide financial information to senior management, including budget reports and performance of Cost Centers.
• Evaluate non-financial indicators, such as stock turnover, quick ratio, debtor’s ratios, cash ratios, profitability ratios, etc and report on their effect on businesses performance or profitability.
• Train and propose training programs for all staff reporting to you
• Ensure staff reporting to you are well skilled to provide high level services to the Company.
• Carry out quarterly performance reviews.
• Provide leadership to ensure maximum productivity and accuracy at all times.
Qualifications
• BSc/BA in accounting, finance or relevant field
• MSc/MA is an added advantage
• CPA (K) or ACCA or other relevant qualification
• At least 6 years experience 2 of which should be at the managerial level
• Solid knowledge of management accounting analysis and forecasting.
Accountant job at Corporate Staffing
Deadline of this Job: 20 August 2022
Key Responsibilities
Accounts Receivables
• Maintain customer prices in SAP (ERP) and ensure that all the invoices are accurate.
• Manage credit policy and control procedures, and debt collections process management.
• Ensure prompt and proper allocation of customers’ receipts.
• Ensure debtors’ balances are correctly stated and statements promptly sent out to customers.
• Preparation of customer account reconciliations ensuring all variances are investigated and resolved.
• Compute monthly customer discounts and post credit notes for the discounts issued to the customers on time and ensure credit notes are timely posted
• Ensure aged debtors are escalated for action on time.
Accounts Payable
• Preparing daily, weekly, and monthly cash outflows cash requirements forecast and circulate.
• Ensuring invoices and credit notes are correctly matched against respective orders, delivery notes and other supporting documents and approved before payment.
• Ensure appropriate compliance with tax laws on withholding tax, VAT, and other statutory requirements.
• Ensure all supplier accounts including GRNI are reconciled on monthly basis and any issues addressed immediately.
• Ensuring direct invoices are posted to the correct GL accounts and appropriate dimensions.
• Ensuring all creditors are paid within agreed terms and timely allocation of the payments.
• Ensuring all new supplier accounts are appropriately authorized before they are maintained in the system.
• Maintain the company accounting records and ensure that all documents are properly filed correctly.
Inventory and Asset Management
• Maintain and develop monthly stock taking and reconciliation procedures, and inventory variances. Investigations, approvals, and booking on a timely basis.
• Maintain inventory master data and ensure optimum inventory holding.
• Review monthly balance sheet analysis and reconciliation.
• Monthly reconciliation of assigned intercompany accounts ensures timely resolution of issues.
• Prepare timely and accurate monthly, quarterly, and annual stand-alone and consolidated financial statements for internal and external stakeholders.
• Asset tagging, asset master data verification, and updating.
Costing
• Analyse product margins, pricing trends, and RM costs trends and recommends remedial actions.
• Analyse company costing i.e. costing of imported raw materials and overheads.
• Validate pricing of finished goods and ensure deviations are corrected upon approval.
• Compute accurate and up-to-date product cost information to aid product pricing.
Business Analysis
• Prepare relevant financial reports to ensure accurate and timely periodic reporting.
• Prepare management expense reports, analyse material variances and give recommendations.
• Posting integration transactions, monthly journals and any other approved transactions.
• Assisting in budgeting and forecasting exercises.
• Any other relevant duty that you may be called upon to perform by your superiors
Key Qualifications
• Bachelor’s degree in business, finance, or accounts.
• Minimum of 4 years of experience in a comparable position
• CPA(K) qualified (Required)
• Experience with SAP is a MUST
• Hands-on financial professional, with practical experience in book-keeping and reporting.
• IT skills in MS Office
Key Responsibilities
Accounts Receivables
• Maintain customer prices in SAP (ERP) and ensure that all the invoices are accurate.
• Manage credit policy and control procedures, and debt collections process management.
• Ensure prompt and proper allocation of customers’ receipts.
• Ensure debtors’ balances are correctly stated and statements promptly sent out to customers.
• Preparation of customer account reconciliations ensuring all variances are investigated and resolved.
• Compute monthly customer discounts and post credit notes for the discounts issued to the customers on time and ensure credit notes are timely posted
• Ensure aged debtors are escalated for action on time.
Accounts Payable
• Preparing daily, weekly, and monthly cash outflows cash requirements forecast and circulate.
• Ensuring invoices and credit notes are correctly matched against respective orders, delivery notes and other supporting documents and approved before payment.
• Ensure appropriate compliance with tax laws on withholding tax, VAT, and other statutory requirements.
• Ensure all supplier accounts including GRNI are reconciled on monthly basis and any issues addressed immediately.
• Ensuring direct invoices are posted to the correct GL accounts and appropriate dimensions.
• Ensuring all creditors are paid within agreed terms and timely allocation of the payments.
• Ensuring all new supplier accounts are appropriately authorized before they are maintained in the system.
• Maintain the company accounting records and ensure that all documents are properly filed correctly.
Inventory and Asset Management
• Maintain and develop monthly stock taking and reconciliation procedures, and inventory variances. Investigations, approvals, and booking on a timely basis.
• Maintain inventory master data and ensure optimum inventory holding.
• Review monthly balance sheet analysis and reconciliation.
• Monthly reconciliation of assigned intercompany accounts ensures timely resolution of issues.
• Prepare timely and accurate monthly, quarterly, and annual stand-alone and consolidated financial statements for internal and external stakeholders.
• Asset tagging, asset master data verification, and updating.
Costing
• Analyse product margins, pricing trends, and RM costs trends and recommends remedial actions.
• Analyse company costing i.e. costing of imported raw materials and overheads.
• Validate pricing of finished goods and ensure deviations are corrected upon approval.
• Compute accurate and up-to-date product cost information to aid product pricing.
Business Analysis
• Prepare relevant financial reports to ensure accurate and timely periodic reporting.
• Prepare management expense reports, analyse material variances and give recommendations.
• Posting integration transactions, monthly journals and any other approved transactions.
• Assisting in budgeting and forecasting exercises.
• Any other relevant duty that you may be called upon to perform by your superiors
Key Qualifications
• Bachelor’s degree in business, finance, or accounts.
• Minimum of 4 years of experience in a comparable position
• CPA(K) qualified (Required)
• Experience with SAP is a MUST
• Hands-on financial professional, with practical experience in book-keeping and reporting.
• IT skills in MS Office
Deadline of this Job: 26 August 2022
Our Growing Company Northwave Credit Limited a Non deposit taking Mfi is looking to hire a Portfolio Account to join our team in Nairobi.
Reporting to the Head of Finance, you will play a crucial role in managing revenue and costs by supporting the business in financial planning and forecasting and also responsible for portfolio management of the institution.
• Budget preparation and allocation by making decisions that may arise on financial reporting, operational workflow, valuation, over/under expense on accruals, loans and fund accounting
• Cash Management and Bank Reconciliations
• Review and analyze properly financial reports that include income statement, balance sheets, general ledger, cash flow statements, Mpesa/bank reconciliations and other support documents, to ensure material accuracy of property level reporting
• Investors Management
• Management of sales agent Commission as per tax regulations applicable
• Verifying of Loan files before disbursement via online banking or any other mode.
• Assist with Monthly, quarterly and yearly audit reports
• Daily Cash, mpesa, bank payment postings etc.
• Handling of Vendors/suppliers invoices and postdated Cheque & NTSA handling .
• In charge of portfolio management and collection follow ups
• Petty cash reports Carrying out any other related tasks as might be required from time to time
• Follow up and monitoring of all unpaid accounts, accounts due, top up accounts and accounts due for security withdrawals.
• Deliver accurate Loan information to the clients in accordance with the client loan agreements, authoritative accounting roles, industry standards and company policies and procedures
• Working directly with counterparts across clients support and performance, input to, agree and manage schedules for production of client reporting’s.
• Able to develop, document and maintain the standard processes and procedures around all loans and cash managements activities across multiple jurisdictions.
Skills & requirements
• Undergraduate degree in Accounting, business, finance or a related business course.
• Must have at least 2 years’ experience in a busy Micro finance environment.
• Strong analytical skills including excel, with an appreciation of financial management.
• Must have strong time planning and multi-tasking skills.
• Demonstrate leadership ability, capability of working independently, strong organizational skills and flexibility are important skills.
• Must be a highly motivated and ambitious individual with unquestionable integrity.
Our Growing Company Northwave Credit Limited a Non deposit taking Mfi is looking to hire a Portfolio Account to join our team in Nairobi.
Reporting to the Head of Finance, you will play a crucial role in managing revenue and costs by supporting the business in financial planning and forecasting and also responsible for portfolio management of the institution.
• Budget preparation and allocation by making decisions that may arise on financial reporting, operational workflow, valuation, over/under expense on accruals, loans and fund accounting
• Cash Management and Bank Reconciliations
• Review and analyze properly financial reports that include income statement, balance sheets, general ledger, cash flow statements, Mpesa/bank reconciliations and other support documents, to ensure material accuracy of property level reporting
• Investors Management
• Management of sales agent Commission as per tax regulations applicable
• Verifying of Loan files before disbursement via online banking or any other mode.
• Assist with Monthly, quarterly and yearly audit reports
• Daily Cash, mpesa, bank payment postings etc.
• Handling of Vendors/suppliers invoices and postdated Cheque & NTSA handling .
• In charge of portfolio management and collection follow ups
• Petty cash reports Carrying out any other related tasks as might be required from time to time
• Follow up and monitoring of all unpaid accounts, accounts due, top up accounts and accounts due for security withdrawals.
• Deliver accurate Loan information to the clients in accordance with the client loan agreements, authoritative accounting roles, industry standards and company policies and procedures
• Working directly with counterparts across clients support and performance, input to, agree and manage schedules for production of client reporting’s.
• Able to develop, document and maintain the standard processes and procedures around all loans and cash managements activities across multiple jurisdictions.
Skills & requirements
• Undergraduate degree in Accounting, business, finance or a related business course.
• Must have at least 2 years’ experience in a busy Micro finance environment.
• Strong analytical skills including excel, with an appreciation of financial management.
• Must have strong time planning and multi-tasking skills.
• Demonstrate leadership ability, capability of working independently, strong organizational skills and flexibility are important skills.
• Must be a highly motivated and ambitious individual with unquestionable integrity.
Laboratory Technologist – Nkubu job at Equity Afia Medical Centre - KISERIAN
Deadline of this Job: 22 August 2022
Qualifications/Requirements
• A Diploma or Bachelor's degree in Laboratory Technology
• Registration and valid License by Kenya Medical Laboratory Technicians and Technologists Board (KMLTTB)
• Basic life support (BLS) and Advanced Cardiac Life support (ACLS) is an added advantage
• Minimum of two years working experience in a busy hospital
• Good customer service
Qualifications/Requirements
• A Diploma or Bachelor's degree in Laboratory Technology
• Registration and valid License by Kenya Medical Laboratory Technicians and Technologists Board (KMLTTB)
• Basic life support (BLS) and Advanced Cardiac Life support (ACLS) is an added advantage
• Minimum of two years working experience in a busy hospital
• Good customer service
Deadline of this Job: 26 August 2022
Duties and Responsibilities
• Imprest reconciliations and management
• Petty cash management
• Bank reconciliations
• Monitor budget through expenditure tracking
• Prepare variance reports
• Assist in facilitating trainings & conferences
• Monitor & ensure payments for vendors are actualized
• Manage contracts & agreements between the Program & other service providers
• Asset register management
• Assist in Inventory management
• Support in study related procurement processes and tracking of supplies
Required Qualifications
• B.com. Degree (Finance/Accounting option), Business Administration or equivalent
• CPA (II) or Equivalent
Experience
• Minimum of 3 years’ experience in a busy organization
• Experience working in research organization is an added advantage
Desirable Qualities
• Advanced computer skills on MS Office, accounting software packages
• Ability to manipulate large amounts of data and to compile detailed reports
• High attention to detail and excellent analytical skills
• Knowledge and experience in Procurement and supplies
• Good presentation skills.
Duties and Responsibilities
• Imprest reconciliations and management
• Petty cash management
• Bank reconciliations
• Monitor budget through expenditure tracking
• Prepare variance reports
• Assist in facilitating trainings & conferences
• Monitor & ensure payments for vendors are actualized
• Manage contracts & agreements between the Program & other service providers
• Asset register management
• Assist in Inventory management
• Support in study related procurement processes and tracking of supplies
Required Qualifications
• B.com. Degree (Finance/Accounting option), Business Administration or equivalent
• CPA (II) or Equivalent
Experience
• Minimum of 3 years’ experience in a busy organization
• Experience working in research organization is an added advantage
Desirable Qualities
• Advanced computer skills on MS Office, accounting software packages
• Ability to manipulate large amounts of data and to compile detailed reports
• High attention to detail and excellent analytical skills
• Knowledge and experience in Procurement and supplies
• Good presentation skills.
Internal Control Manager job at L'Oréal
Deadline of this Job: 29 August 2022
ABOUT THE ROLE
The role is responsible and accountable for coordinating and enhancing internal controls across the business and ensuring our business operations and procedures comply with Group standards as well as internal policies . The Internal controls and compliance manager will be reporting to the CFO locally as well as compliance managers regionally.
KEY RESPONSIBILITIES
• Review Company processes/operational manuals and systems to ensure that they are regularly updated to meet the local regulations and Group policies/standards.
• Conduct continuous spot checks/Internal control reviews against the Group standards identifying areas of control weakness /gaps and recommend remedial action plans to managers and head of the various business units.
• Maintain a robust Internal audit action plan follow up framework that ensures all Internal audit action plans are closed/implemented on time and sustainability of closed action plans controls monitored.
• Champion controls in the business, by being providing on-the-go internal control advisory to staff at all levels as per our group standards and local procedures.
• Create compliance awareness program to ensure all staff across the business units are aware of the various group norms and requirements as well as any updates to these standards.
• Prepare and present Internal control status reports to local management as well as to the Sub-Saharan Zone managers as required .
• Implement the corruption prevention framework as well as conduct relevant awareness sessions to staff including follow up plans for the action plans identified.
• Support investigations on business malpractice incidents (fraud incidents) in liaison with the Security Department and HR , and report on findings to ensure management is well informed on the incidents, in order for strategies to be developed and implemented to protect against recurrences.
• Facilitate the annual Control self-assessment in the corporate section as well as the plant section of the business.
SKILLS, KNOWLEDGE & COMPETENCIES
We are looking for someone who:
• is self motivated
• is self driven
• is confident
• Has excellent inter personal skills
• Has great communication skills
• Has great presentation skills
• Has great leadership skills
Education
• Bachelor’s/ Masters degree from a reputable institution
• 5 years’ relevant experience with at least 3 years of compliance supervisory position in an FMCG or reputable audit firm will be an added advantage
• Professional membership in Certified Public Accountant or Association of Chartered Certified Accountant will be an added advantage
ABOUT THE ROLE
The role is responsible and accountable for coordinating and enhancing internal controls across the business and ensuring our business operations and procedures comply with Group standards as well as internal policies . The Internal controls and compliance manager will be reporting to the CFO locally as well as compliance managers regionally.
KEY RESPONSIBILITIES
• Review Company processes/operational manuals and systems to ensure that they are regularly updated to meet the local regulations and Group policies/standards.
• Conduct continuous spot checks/Internal control reviews against the Group standards identifying areas of control weakness /gaps and recommend remedial action plans to managers and head of the various business units.
• Maintain a robust Internal audit action plan follow up framework that ensures all Internal audit action plans are closed/implemented on time and sustainability of closed action plans controls monitored.
• Champion controls in the business, by being providing on-the-go internal control advisory to staff at all levels as per our group standards and local procedures.
• Create compliance awareness program to ensure all staff across the business units are aware of the various group norms and requirements as well as any updates to these standards.
• Prepare and present Internal control status reports to local management as well as to the Sub-Saharan Zone managers as required .
• Implement the corruption prevention framework as well as conduct relevant awareness sessions to staff including follow up plans for the action plans identified.
• Support investigations on business malpractice incidents (fraud incidents) in liaison with the Security Department and HR , and report on findings to ensure management is well informed on the incidents, in order for strategies to be developed and implemented to protect against recurrences.
• Facilitate the annual Control self-assessment in the corporate section as well as the plant section of the business.
SKILLS, KNOWLEDGE & COMPETENCIES
We are looking for someone who:
• is self motivated
• is self driven
• is confident
• Has excellent inter personal skills
• Has great communication skills
• Has great presentation skills
• Has great leadership skills
Education
• Bachelor’s/ Masters degree from a reputable institution
• 5 years’ relevant experience with at least 3 years of compliance supervisory position in an FMCG or reputable audit firm will be an added advantage
• Professional membership in Certified Public Accountant or Association of Chartered Certified Accountant will be an added advantage