Finance Manager Job in Nairobi Kenya-September 2015


Job Description

Job Title: Finance Manager

SBU: Fountain Technologies – Ke, Ug, Tz

Reports To: Commercial Manager & Group Finance Manager

Location / Branch: Nairobi – Kenya

Main Purpose of the Job: To oversee overall Management of financial and accounting systems, controls standards, policies and practices of the SBU

Main Responsibilities

  • Oversees the continuous preparation of timely financial management reports for the decision making and drawing attention to matters affecting or likely to affect the various areas of the business.
  • Establishes, review and implement existing financial management policies and procedures and ensure full implementation and compliance by all staff
  • Directs and ensures maintenance and accuracy of general and subsidiary ledgers, accounts receivable, revenue distribution, receipts and expenditures, depreciation, cost, property, and operating expenses.
  • Ensures adherence to effective and efficient credit management system
  • Ensures effective cash flow management for Divisional SBU’s in liaison with SBU accountants
  • Ensures timely preparation of books of accounts for statutory Audit and liaises with the external auditors
  • Continuously designs and maintains comprehensive internal controls to ensure best practice and compliance with GAAP and applicable laws and rules for financial and tax reporting.
  • Ensures preparation of all accounting reconciliations and ensures the relevant adjustments are raised
  • Ensures all statutory compliance with the relevant authorities such as NSSF, NHIF, PAYE, VAT, instalment & Corporation Taxes and the management of other statutory commitments.
  • Ensure effective controls on project funding by reviewing projects budgets, accounting for disbursements, and overall project cost management
  • Ensures scheduling of stock take exercises reviews stock valuation reports.
  • Coordinates annual budgeting excise for the division and ensure budgetary monitoring and control.
  • Oversees custody of the Divisional asset registers and ensures that all assets of the company are insured.
  • Liaises with the financiers and ensures all bank facilities are promptly serviced.

Key Deliverables of this position

  • Cash flow management and comprehensive working capital management
  • Staff performance appraisals, goal and target setting
  • Timely and accurate financial reporting
  • Accuracy and timely preparation of Budgets and effective budgetary controls
  • Functional Internal control system
  • Adherence to all statutory compliance and reporting requirements.
  • Effective management of loans and other liabilities

Resources Responsible for: Financial resources

Direct Reports: Accounts Officer

Key Interfaces

  • Internal
  • FTL Commercial Manager
  • Divisional Head
  • Group Managers
  • Infrastructure Managers
  • Operations Manager
  • Internal Audit
  • External
  • Suppliers
  • Banks
  • Customers
  • Government offices
  • External Auditors
  • Internal Audit
  • Academic Qualifications
  • Relevant B-Com Degree
  • CPA (K) or equivalent
  • Professional Skills
  • Presentation skills
  • Communication skills
  • Job / Functional Skills
  • Numerical
  • Attention to detail
  • Apt computer use
  • Statutory compliance
  • Audit Exposure
  • Competencies (Behaviours)
  • Integrity
  • Innovation
  • Resilience
  • Apt people skills
  • Operational excellence & Cost consciousness
  • Professionalism

Relevant Experience

  • 5 years in a similar position
  • ERP Exposure

How to Apply

Applications should be sent to [email protected] not later than Friday 11th September COB. Applicant are also requested to state their current and expected salary in their applications.