Deadline of this Job: 12 October 2022
Duties & Responsibilities:
• Entering financial data such as accruals, deferrals, reclassifications, and interdepartmental entries into the ledger on a monthly basis, as well as preparing reports.
• Reviewing and performing account analysis to ensure that journal entries and balances are correct.
• Performing and reviewing ledger subledger reconciliations for all balance sheet items.
• Performing and reviewing inventory and tax reconciliations.
• Performing and reviewing reconciliations for bank & cash balances; debtors; suppliers; inventory and control accounts.
• Generating fixed asset register and fixed asset movement schedule which ties to the General Ledger.
Deadline of this Job: 12 October 2022 Duties & Responsibilities:
• Entering financial data such as accruals, deferrals, reclassifications, and interdepartmental entries into the ledger on a monthly basis, as well as preparing reports.
• Reviewing and performing account analysis to ensure that journal entries and balances are correct.
• Performing and reviewing ledger subledger reconciliations for all balance sheet items.
• Performing and reviewing inventory and tax reconciliations.
• Performing and reviewing reconciliations for bank & cash balances; debtors; suppliers; inventory and control accounts.
• Generating fixed asset register and fixed asset movement schedule which ties to the General Ledger.
Your main objectives will be leading and coaching the team to achieve objectives, ensuring all accounting activities comply with regulations, assessing risk in the company, and providing support, advice, and analysis to the leadership of those markets. This role ensures the crafting of financial strategies and maintaining the company’s financial health to increase profitability in the long run.
This position will report to the Director of Finance as well as dotted line reporting to the General Managers of Kenya and Uganda and be based in Nairobi but with regular travel to Kampala.
We offer a full-time permanent contract of employment to candidates together with a competitive salary (dependent on skills and experience), company bonus (dependent on company performance and OKRs), and a range of company benefits.
To achieve this, you’ll be expected to:
• Taking full ownership of all financial data and responsibility for the accuracy of each financial statement line item including monthly reporting of results as well as the annual audit
• Lead and coach the finance team
• Provide support, analysis, and advice from a financial perspective to each country’s leadership
Deadline of this Job: 12 October 2022
The Chief Finance Officer will have the following responsibilities:
• Take over ownership of monthly, quarterly, annual reporting cycle from CEO - KPIs, Management accounts, unit economics, comparisons to budget etc. Ensure accuracy, compliance with financial standards, reporting in timely manner etc
• Take responsibility for all day to day financial operations of the business - treasury, payroll, FX, financial investments, procurement, tax etc
• Own annual budgeting / forecasting process. Refine 2023 budget / model. Ensure buy in to budget from management, board, shareholders
• Own audit process. Ensure correct selection of auditors, ensure audit completed successfully within time
• Build financial risk management function - revenue assurance, internal audit, financial controls etc
• Manage all day to day aspects of shareholder and creditor reporting and management. Ensure compliance with investor consents & covenants.
• Provide financial support to the operating divisions of the company - financial planning, business case analysis, performance analysis, supplier management etc
• Work with the CEO to develop (prior to the next fund-raising round) the optimal legal and capital structure for the business to support its international expansion.
• Prepare to successfully expand the company's financial operations in to other countries.
• Contribute to strategic planning
• Build and lead the finance team. Ensure talent and capacity to support the company's growth. Identify and hire the right talent, mentor junior employees, performance management and generally shape an effective and efficient finance department.
The Chief Finance Officer will have the following responsibilities:
• Take over ownership of monthly, quarterly, annual reporting cycle from CEO - KPIs, Management accounts, unit economics, comparisons to budget etc. Ensure accuracy, compliance with financial standards, reporting in timely manner etc
• Take responsibility for all day to day financial operations of the business - treasury, payroll, FX, financial investments, procurement, tax etc
• Own annual budgeting / forecasting process. Refine 2023 budget / model. Ensure buy in to budget from management, board, shareholders
• Own audit process. Ensure correct selection of auditors, ensure audit completed successfully within time
• Build financial risk management function - revenue assurance, internal audit, financial controls etc
• Manage all day to day aspects of shareholder and creditor reporting and management. Ensure compliance with investor consents & covenants.
• Provide financial support to the operating divisions of the company - financial planning, business case analysis, performance analysis, supplier management etc
• Work with the CEO to develop (prior to the next fund-raising round) the optimal legal and capital structure for the business to support its international expansion.
• Prepare to successfully expand the company's financial operations in to other countries.
• Contribute to strategic planning
• Build and lead the finance team. Ensure talent and capacity to support the company's growth. Identify and hire the right talent, mentor junior employees, performance management and generally shape an effective and efficient finance department.
Deadline of this Job: 12 October 2022
This position will work closely with the Headquarters’ finance team to ensure consistency throughout the organization, while assisting the Country Director to manage office resources in the most effective manner. The Director of Finance will also provide adequate accounting information and ensure that the information is maintained in accordance with the policies and procedures of the organization and in accordance with international accounting standards.
Essential Character Traits Financial Acumen; Manages complexity; Decision quality; Directs work; Plans and aligns; Optimizes work processes; Ensures accountability; Collaborates; Builds effective teams; Communicates effectively; Organizational savvy; Courage; Instills trust, Customer Orientation.
Responsibilities & Deliverables Financial Management (35%).
• Drive the development of in-country Finance Strategy through a collaborative process.
• Provide financial management and accounting leadership to the Country Office to ensure compliance with Heifer International policies, donor requirements and relevant government authorities.
• Analyze and present financial reports in an accurate and timely manner; clearly communicate monthly and annual financial statements; collate financial reporting materials for all donor segments, and oversee all financial, project/program and grants accounting.
• Coordinate and lead the annual audit process, Liaison with external auditors and assess any changes necessary in collaboration with HQ.
• Oversee and lead annual budgeting and planning process in conjunction with HQ.
Other Vacancies
This position will work closely with the Headquarters’ finance team to ensure consistency throughout the organization, while assisting the Country Director to manage office resources in the most effective manner. The Director of Finance will also provide adequate accounting information and ensure that the information is maintained in accordance with the policies and procedures of the organization and in accordance with international accounting standards.
Essential Character Traits Financial Acumen; Manages complexity; Decision quality; Directs work; Plans and aligns; Optimizes work processes; Ensures accountability; Collaborates; Builds effective teams; Communicates effectively; Organizational savvy; Courage; Instills trust, Customer Orientation.
Responsibilities & Deliverables Financial Management (35%).
• Drive the development of in-country Finance Strategy through a collaborative process.
• Provide financial management and accounting leadership to the Country Office to ensure compliance with Heifer International policies, donor requirements and relevant government authorities.
• Analyze and present financial reports in an accurate and timely manner; clearly communicate monthly and annual financial statements; collate financial reporting materials for all donor segments, and oversee all financial, project/program and grants accounting.
• Coordinate and lead the annual audit process, Liaison with external auditors and assess any changes necessary in collaboration with HQ.
• Oversee and lead annual budgeting and planning process in conjunction with HQ.
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