Duties and Responsibilities:
Ø Providing and interpreting financial information;
Ø Monitoring and interpreting cash flows and predicting future trends;
Ø Analyzing change and advising accordingly;
Ø Researching and reporting on factors influencing business performance;
Ø Developing financial management mechanisms that minimize financial risk;
Ø Conducting reviews and evaluations for cost-reduction opportunities;
Ø Managing the company's financial accounting, monitoring and reporting systems;
Ø Liaising with auditors to ensure annual monitoring is carried out;
Ø Developing external relationships with appropriate contacts i.e. auditors, bankers and statutory organizations such as KRA;
Ø Producing accurate financial reports to specific deadlines;
Ø Managing budgets;
Ø Arranging new sources of finance for the company's debt facilities;
Ø Supervising departmental staff;
Ø Keeping abreast of changes in financial regulations and legislation.
Ø Generate and manage payroll administration, implementation of internal controls.
Ø Make regular reports to senior management on income, expenditure and any variations from budgets.
Ø Act as cheque signatory for and authorize expenditure up to limits as agreed by the board of directors
Ø Identify and implement plans with the assistance of the human resource manager for department training and development needs.
Ø Review collection reports to determine the status of collections and the amounts of outstanding balances.
Knowledge and Skills:
Ø Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data.
Ø Knowledge of business and management principles involved in strategic planning and resource allocation.
Ø Knowledge of the law and government regulations.
Ø Knowledge of capital raising strategies that support a firm’s expansion.
Ø Monitor cash flows and trends.
Ø Knowledge of the training requirements in the financial department that assist in creation of a training programme.
Ø Keenness of detail that allows for easy detection of errors or problems resulting in quick rectification.
Ø Ability to assess individual as well as team performance.
Work Abilities:
Ø Ensure continual teamwork within the department.
Ø Ensure integrity and honesty when performing duties at all times.
Ø Ability to take on responsibilities and challenges.
Ø Ensure team motivation is maintained while offering direction and guidance.
Ø Delegate work to other individuals within the team.
Qualification
Ø ACCA and/or CPA qualified
Ø Bachelors degree in Accounting/Business/Commerce or Economics
Ø Masters degree in any of the above would be an added advantage
Ø 5 years’ experience in a mid-sized corporate entity
Ø Experience in the implementation of ERP/Accounting systems and in performing internal audit services
Ø Experience in formulating and executing debt collection strategies industry will be an added advantage
Remuneration: Negotiable.All applicants should send their resumes and cover letters quoting the exact job position to the HR Manager on jobs@cbiafrica.com
Deadline is by: 7th October
