Job Profile: Head of Finance
Location: Nairobi
Supervised By: Group
General Manager
Job Purpose: Our client, has a
reputable chain of 5 star hotels in Kenya, they are looking for an experienced
Head of Finance.
Indicators of good
performance of the job
- Timely and
accurate generation of key reports for the General Manager in compliance
with the reporting calendar.
- Business has
sufficient cash to meet its obligations, at all times and excess cash
invested profitably.
- Bank relations
managed efficaciously.
- Accurate and
up-to-date accounting records that comply with set accounting standards as
prescribed by management,
- Realistic
budgets compiled and budget variance monitored to ensure that (unapproved)
variance is maintained under approved levels.
- Cost reduction
targets met and/or exceeded
- Financial
systems work efficiently and support information management, communication
and reporting.
- Management
accounts prepared and analysed for the management team on monthly basis
- Costing
templates prepared for new and existing products
Key Duties
- Continually
reviewing and upgrading accounting systems and procedures in line with the
company's operating systems, internal control requirements and shareholder
instructions.
- Put the
necessary financial plans in place, including budgets and implementing
appropriate budgetary controls.
- Support the
Group General Manager in each business unit with their strategic planning
and business review process.
- Prepare cash
flow forecasts and statements, monitor working capital and manage cash
balances by initiating/executing appropriate actions including the
investment of excess cash and inter-account transfers.
- Develop income
and expenditure accounts and tax returns.
- Produce
periodic and ad hoc management reports as required in line with IFRS.
- Analyse
variances, explore potential problems with Department Heads and identify
solutions.
- Support
investment projects by providing inputs to the budgeting process and
analysis of projections.
- Periodically
conduct stock takes and value the Group’s stocks for purposes of
reporting.
- Support
Managers with costing process
- Manage foreign
accounts and ensure that foreign currency holding levels are maintained at
an optimal standard that enables the company to meet spending commitments.
- Generate
treasury reports and bring up issues that need action.
- Ensure the
timely and accurate preparation of financial and management reports
- Ensure that the
company complies with the country's laws relating to corporate and other
taxes, including accurate computation, declaration and payment.
- Set and
evaluate performance standards for departmental staff.
- Maintain
relationships with the company's banks, suppliers and other service
providers so as to ensure that the company receives timely, quality and
cost efficient services at all times.
Knowledge / Skills /
Experience
- Degree in
accounting or financial management.
- CPA (K) or the
equivalent
- 8 years’
experience from the hospitality industry
- Knowledge of
tax laws and regulations
- Experience in
planning, budgeting and costing
- Experience with
Oracle hospitality systems (Opera, MC, Sun, etc) is a must.
Competencies
- Financial
planning and management
- Financial
accounting
- Development of
policies and procedures
- Budgeting and
budgetary control
- Decision making
skills
- Problem solving
skills
- Costing and
reporting skills
- Strong
analytical skills
- Honest and
reliable
- Work
organisation and co-ordination skills
- Staff
management, development and discipline skills
How to Apply
Applications quoting the position title with detailed CV, with contact details of 3 referees including their email addresses (1 of which should be your immediate supervisor, 1 former supervisor and 1 any other not relatives) should be submitted to:sheerlogictalentsourcing@gmail.com on or before 23rd December 2016.
Only shortlisted candidates will be contacted.
Applications quoting the position title with detailed CV, with contact details of 3 referees including their email addresses (1 of which should be your immediate supervisor, 1 former supervisor and 1 any other not relatives) should be submitted to:sheerlogictalentsourcing@gmail.com on or before 23rd December 2016.
Only shortlisted candidates will be contacted.
NB: Please clearly indicate in the subject line as “HEAD OF FINANCE”
