Our
client, De La Rue is the world’s largest commercial banknote printer and
passport manufacturer and is a trusted partner of governments, central banks
and commercial organizations around the world.
They
provide market leading printed banknotes, banknote substrates and security
features, commercial sector cash processing solutions among others.
Accountant
Reporting
to the Senior Accountant, this is a position responsible for sourcing /
collecting / generating and providing financial and managerial information for
internal and external reporting of the finance team.
Principal
Accountabilities
1)
Cashbook (Bank & Cash) Management
Maintain
the cashbook module including but not limited to:-
- Payment
transactions (TT, Cheque and Cash) and ensuring that the control
procedures are complied with.
- Posting
cheque payments and receipt to the appropriate general ledger accounts
- Weekly
and monthly bank reconciliations and weekly cash reports to treasury
- Cash
handling
2) Inventory Management
Maintain
the inventory module including but not limited to:-
- Booking
documents for receipts and issues for assigned stores / warehouses
- Preparation
of ink formulations for the currency orders.
- Reconcile
inventory modules to general ledger
3) Accounts Payable Management
Maintain
the payables and purchasing module including but not limited to:-
- Booking
dully supported and approved supplier invoices to the appropriate general
ledger accounts
- Reconcile
supplier statements to the payables supplier balances
4) Accounts Receivable Management
Maintain
the accounts receivable module including but not limited to:-
- Book
Cheques & Cards sale invoices and despatch to customer with
appropriate backup documentation.
- Weekly
update of AR outstanding balances to the sales team to facilitate
collection planning
5) General Ledger Management
Maintain
the General Ledger module including but not limited to:-
- Posting
journals into GL
- Bi-monthly
reconciliations of GL balances and Subsidiary modules
6) Management of the Payroll
- Maintain
the Payroll system, payroll data, processing all required monthly payroll
transactions and ensure approved monthly payroll bank transfers to staff
accounts are done on time and other payroll procedures.
Qualifications and Skills
- Undergraduate
Degree in Finance/Accounting
- CPA
(K) or ACCA
- Registered
member of relevant professional body
- Minimum
3 years of working experience in a multinational manufacturing
organization
- Proficient
in use of SAP ERP
- Conversant
with standard costing system
Senior Accountant
Reporting to the Financial
Controller, this is a position responsible for preparation of financial
statement for management and statutory purposes.
Principal Accountabilities
Financial Reporting
- Oversee accurate, complete and timely
processing and posting of information into the financial system.
- Perform and ensure journal entries and account
reconciliations are completed accurately and timely.
- Maintain the fixed asset register and lead the
department’s efforts to integrate FAR to GL
- Manage inter-company transactions and balances
agreement.
- Prepare Trial Balance and financial reporting
pack for upload into HFM and head office consolidation
Management Reporting
- Review of job costing, WIP analysis and closed
job report.
- Management reports for review of financial and
production KPI’s
Tax and Treasury
- Manage daily site treasury requirements and
ensuring that the company's cash flow is adequate to allow it to operate
effectively and forecasting cash payments and anticipating challenges
arising from limited cash flow
- Manage EPZ operator and enterprise legal
requirements including but not limited to EPZ quarterly and annual
returns, renewal licenses, transaction implications etc.
- Manage KRA Tax requirements for EPZ operators
and enterprise, commercial & logistics tax implications for shipments
into and out of an EPZ zone
- Ensure compliance to Income tax provisions -
statutory payroll returns and remittances including provident fund returns
- Compute and prepare monthly standard levy
payment and returns
Financial Controller
- Ensure the timely production of all budgets,
forecasts and management and statutory reports to meet Group and
Divisional requirements
- Ensure maintenance of records required to
safeguard the profit Centre’s assets and the integrity of the profit
center accounts
- Control all capital expenditure within laid
down budgetary and authorization limits and justify such expenditure to
management
- Install, develop and monitor financial stock
control procedures which effectively safeguard the factory's assets.
- Carry out post-evaluation of capital
expenditure projects to determine their cost effectiveness, and advise
management accordingly.
Qualifications and Skills
- Undergraduate Degree in Accounting
- CPA (K) or ACCA
- Registered member of relevant professional
body
- Minimum of 5 years of corporate treasury and
financial accounting experience
- Must have a background in a
multinational manufacturing organization
- Strong knowledge of EPZ operations, Tax
requirements for EPZ operators and enterprise, commercial, corporate
treasury functions and financial reporting
- Proficiency in use of SAP ERP
- Conversant with standard costing system
Interested candidates are requested
to forward their updated CVs to recruit@virtualhr.co.ke by Wednesday 23rd
March, 2016 stating their current and expected remuneration, daytime telephone
contacts and addresses of three referees.
Only shortlisted candidates will be
contacted.