Finance Manager Job in Kenya (130k-150k)

Finance Manager
Our client, is a leading ICT Solutions provider in East Africa region. They are seeking to recruit a highly talented professional to fill in the following position in their Nairobi office:
Reporting to the Managing Director, this position will responsible for designing & implementing the key financial policies, procedures and systems required to help the company manage its financial operations.

Responsibilities

Financial Management:
·         Ensure sound financial management for the company in compliance with IFRS and Kenyan statutory requirements
·         Manage monthly financial reporting, bank reconciliation, cash flow analysis and management, accounts/banking management, processing expense vouchers
·         Ensure adherence to the financial policies, procedures and practices; ensure compliance with governmental contracts, supplier and other agreements;
·         Work closely with the External auditors to facilitate annual audits; identify and coordinate audit process with the finance team.
Tax Management:
·         Compliance with tax, legislative and statutory requirements for both the company and the employees.
·         Prepare and submit tax returns (Income Tax, VAT and Withholding Tax)
·         Monthly PAYE submissions, PAYE reconciliation (mid-year and annual).
·         Ensure taxes are paid on time and go through ledgers to ensure tax is withheld where applicable.
Fixed Assets Management:
·         Develop and maintain the property management database/inventory spreadsheet; update the database for each new purchase of equipment;
·         Supervise quarterly inventories to reconcile database entries with physical counts of property within the office;
·         Ensure fixed assets records and database are maintained in both hard and electronic copy
·         Ensure all fixed assets are comprehensively insured at all times
Working Capital Management (Payables, Receivables, Stocks, Cash and Bank Balances)
·         Ensure collection of 80% of debts from the allocated debtors on time
·         Ensure timely submission of all monthly bills payments.
·         Update receipt payments made by clients into the system on timely basis
·         Ensure cash flow management practices by regulating debt, collecting debt and controlling credit.
·         Ensure 100% compliance to company internal control procedures and follow the company credit policy in all financial transactions
·         Safeguard company stocks and maintain necessary ledgers.
Procurement and Logistics:
·         Supervise and ensure the consistency of procurement records management; create and comply with standard records file list for all procurement activities – Purchase Order Forms, receipt of goods and services (GRN forms)
·         Manage supplies management process that ensures adequate stock of supplies to prevent stock-outs
·         Oversee and guide the logistics team as per work plan.

Qualifications

·         Degree in Finance or related course
·         MBA in Finance, Accounting or Strategic Management is added advantage
·         CPA (K)
·         Over 5 years in a comparable role (preferably in the IT Industry)
·         Experience in a retail environment
·         Knowledge of International Accounting Standards
·         Familiarity with Kenyan regulations and practices especially in finance & human resources
How to Apply
Interested candidates are requested to forward their updated CVs to recruit@virtualhr.co.ke with the subject FINANCE MANAGER by 27th November 2017, stating their current and expected remuneration, daytime telephone contacts and addresses of three referees. Only shortlisted candidates will be contacted.