Finance Manager Job in Nairobi, Kenya

Fountain Enterprises Programme

Job Title: Finance Manager
 
Section / Department: Holdings
 
Job Category: Job Group “F”
 
Reports To: 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 company and assigned SBU’s. 


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 internal and 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.
  • Perform other related tasks as assigned.
Key Deliverables of this position
  • Effective management of finances, cash flow management, credit management procurement processes, ledger accounts
  • Accuracy and timely preparation of Budgets, effective budgetary controls and financial reports
  • Implementation and review of internal controls mechanisms to ensure best practice (cost, inventories, assets etc).
  • Professional relationship with internal and external stakeholders including auditors, KRA, bankers, employees, customers, suppliers and other stakeholders.
Direct Reports (Jobs reporting to this position): Divisional Accountants, Unit accountants(For the specific SBU’s)

Key Interfaces
 
Internal
  • Board
  • All staff
External
  • Suppliers
  • Auditors
Academic Qualification
  • Degree in Business or related field
  • CPA (K) or its equivalent
Professional Skills
  • Presentation Skills
  • Reporting and Communication Skills
Job / Functional Skills
  • Numerical excellence
  • Attention to detail
  • Statutory Compliance
  • Audit Exposure
Relevant Experience
  • At least 5 years of relevant experience
How to Apply

Applications should be sent to recruitment@fep-group.com not later than Wednesday 21st October, 2015 COB. 


Applicants are requested to state on their application, their current/Most recent and expected salary.