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Job Title

HEAD OF FINANCE

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Advert Details

Recruiter: Reach Recruit Updated on: 2019-06-21 02:10:01
Contract Permanent
Location: Nairobi Available: ASAP
Category: Finance / Budget / Economics Offer: Not Specified

 

Introduction

This position establishes and maintains an effective and efficient financial management system. It also provides finance business partnering support as well as financial information and reporting to C.F.O to support effective decision-making, planning and control. The position implements and maintains sound financial management controls and ensures that these controls are adhered to by all staff.
 

Minimum Requirements

Education Qualifications

Bachelors Degree in Accounting, Finance, Business or equivalent. Full ACCA, CPA, CA qualification or recognised equivalent

Experience

  1. Experience in leading teams of not less than Ten (10).
  2. At least 8 years of experience in a senior financial management position in a large, transaction-driven organization.
  3. In-depth knowledge of International Accounting Standards and tax regulations.
  4. Results oriented with key demonstrated achievements in strategy formulation and performance monitoring of budgets and cash flow management.
  5. Computer literate with working knowledge of major accounting software programmes and ERP.
  6. Extensive experience in cost reduction programmes, annual business planning and budgeting, and variance analysis.

Technical Skills and Behavioural Attributes

  1. Superb analytical skills with a results-driven focus.
  2. Experience with venture capital/private equity fundraising.
  3. Business Process Improvement.
  4. Budget development and forecasting.
  5. Ability to embrace changing market dynamics.
  6. Team leader and a player with excellent verbal, written and communication skills.
  7. High level of integrity.
  8. Entrepreneurial spirit.

 

Job Specification

KEY RESPONSIBILITIES

  1. Counsel the leadership team on business decision partnering support and financial leadership as well as issues relating to accounting policies and procedures; financial management and control; planning and analysis.
  2. Timely and accurate reporting on a monthly, quarterly and annual basis.
  3. Budget co-ordination and performance management for the business in Kenya.
  4. Effective management of financial and business risks through constant analysis and challenging of departmental performance.
  5. Monitoring of all expenditure and financial transactions in relation to approved budget and financial management guidelines/policy and inform management to take corrective action.
  6. Identifying areas of cost reduction or elimination and areas of reorganization.
  7. Supervision of the finance department to ensure high-quality financial services are provided to all internal and external stakeholders.
  8. Monthly review of all general ledger accounts to ensure accuracy and completeness of posted transactions.
  9. Liaison with the external auditors to ensure smooth execution of the year-end audit.
  10. Liaison with government bodies on both corporate and value-added tax matters. Ensure VAT audits are timely and obtain offset of any claims against other tax payments. Ensure timely preparation and submission of tax computations and returns.
  11. Liaison with the Company Secretary to ensure full compliance with all Company Secretarial requirements.
  12. Day to day monitoring of Standard Operating Procedures. Ensuring that sound internal controls are in place and that all key processes are documented and in compliance with Company Policies.
  13. Managing the Treasury Function to ensure compliance with Treasury Policies. Managing the cash flow position to ensure availability of funds to meet day to day requirements.
  14. Liaison with various banks on banking facilities and all other banking services provided to the company.
  15. Perform any other duties as assigned by the line manager.
Please note this advert has expired and you can not apply for it any longer.

 

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