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Sunday, February 28, 2010

Financial Controller


Title: Financial Controller
Location: Kenya
Programme: Social Development - Education
Agency: Aga Khan Academies
Deadline: 21 Mar 2010

The Aga Khan Academies are an integrated network of residential schools dedicated to expanding access to education of an international standard of excellence to exceptional young men and women regardless of their ability to pay.

Envisaged in Africa, South and Central Asia and the Middle East, the Aga Khan Academies foundational values include pluralism, meritocracy and civil society.

Housed in spacious and attractive campuses with outstanding facilities the Academies offer the International Baccalaureate (IB) Curriculum from Primary Years to the Diploma and provide a rich opportunity for both teachers and students alike to grow both professionally and personally.

The first Aga Khan Academy opened in Mombasa, Kenya, in 2003, and construction of the second Academy is currently underway in Hyderabad, India. 
More information.....
The Position

Based in Mombasa, Kenya, the Financial Controller will provide accounting and finance leadership at the Aga Khan Academy in Mombasa.

The Financial Controller will be responsible for financial planning, budgeting, reporting, performance monitoring and risk management. Primary responsibilities include managing books, records and the accounting staff of the Aga Khan Academy, Mombasa.
More specifically, this will require the Financial Controller to:
  • Manage the system as to ensure the integrity of the financial data and reporting as well as adherence to financial best practices.
  • Fully utilize the accounting system for monthly closing and financial reporting on a timely basis.
  • Lead the budgeting process for the Academy, working closely with the Academies Unit and the Head of Academy, ensuring input from the Senior Management Team (SMT) and Heads of Department (Academic and non-Academic).
  • Track financial performance against budget and provide variance and trend analysis, along with other management reports, as per the reporting schedule prepared by the Academies Unit.
  • Provide leadership in developing benchmarks, both from internal and external sources, for management and evaluation purposes.
  • Utilise the fixed assets register and provide necessary support and analysis for capital expenditures.
  • Manage treasury, AR and AP functions to optimize cash flow and working capital.
  • Working closely with the Dean of Admissions and Financial Aid, review student financial aid profile and report financial aid against budget.
  • Manage payroll system and ensure appropriate contracts are in place for all staff.
  • Ensure all statutory and regulatory compliances are achieved.
  • Implement internal controls to comply with both internal and external audit requirements.
  • Working closely with the Head of Administration, review, negotiate and set up all service contracts and report on procurement for the Academy.
  • Actively engage with the SMT in developing policies and procedures for the finance department.
  • Carry out a regular review of insurable risks and work with other AKDN agencies in maintaining adequate insurance coverage.
  • Identify and set up processes to obtain benefits in accordance with the protocol between the AKDN agency and the Government of Kenya.
  • Ensure the safekeeping of contractual and other legal documents and records.
  • Maintain a service culture within the department.
  • Undertake such other duties as may be required by the Head of Academy or the Academies Unit at Aiglemont.
The Requirements

The ideal candidate will have the following profile:
  • A Bachelor's degree in Business, Finance, Accounting or have a comparable professional qualification with a minimum of 7 years of experience. Such experience to include leadership of the finance and accounting functions of an operating unit.
  • Experience in an educational setting is desired but not required.
  • Competence and demonstrated track record in the use of computerized systems, including financial software application, is required.
  • Sound knowledge of management practices and principles.
  • Exceptional oral and written English communications skills.
  • A record of building and sustaining relationships with senior leadership.
  • The ability to be a team player with the willingness to develop capacity amongst the team of local staff.
  • A strong work ethic, with attention to detail, while retaining a flexible approach to problem solving.
  • Capability to be highly organized and to set priorities and keep to deadlines.
  • A high level of integrity needed to handle fiscal responsibilities and confidential information.
Salary & International Package

Salary and package to attract the best candidate
How to Apply
Click here to apply

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