Position: Finance Officer
Region: Nairobi,
Kenya
Industry: Real
Estate
Our
client, a leading property company with a heritage of 15 years in the real
estate industry in Kenya is urgently recruiting for a talented Finance Officer.
He/she
will be responsible for ensuring the development of relevant financial
information, timely financial budgeting, planning, liquidity management, and
financial reporting for key stakeholders as well as controlling the
organization’s financial processes, making the necessary changes to upgrade and
improve processes, policies, or procedures.
The
role also ensures alignment with the mission, core values, partnership policies
and strategies, accountability, and compliance with applicable legal,
governmental, and regulatory requirements.
Key
Responsibilities:
General:
· Support
all stakeholders and implement agreed business strategies.
· Problem
management and resolution and/or escalation within the area of responsibility
· Liaise
with the Senior Finance Officer for all support requirements
Business
Planning and Budgeting
· Spearhead
preparation of the yearly budget & quarterly forecasts for the alignment of
business short and long-term strategic plans.
· Lead
cash flow analysis and monitoring and predicting future trends.
· Support
the CEO with monitoring and implementation of pricing and mix changes to
achieve profitability targets.
· Analysing
competitors and market trends
Leadership
· Provide
leadership and be a role model to all members of the team.
· Provide
professional and managerial leadership as delegated by the CEO
Financial
Reporting
· Have
all financial reporting done in an effective, efficient and timely manner
· Complete
all internal reporting requirements
· Preparation
and completion of general ledger and balance sheet reconciliations
· Managing
and balancing inter-company accounts.
· Prepare
adequate analysis of current business performance.
· Analysis
of actual financial results to forecast and plan
· Margin
analysis / Business analysis
· Preparing
Group Management accounts periodically and as and when required.
· Preparation
of financial proposals which support the business needs.
· Reviewing
business processes to ensure they are relevant and efficient and proposing new
processes / out-of-the-box thinking where these are necessary
Treasury
· Monitoring
and managing the organization’s Bank relationships and liquidity management
· Manage
debt facilities and investments
· Prudent
Investments management
· Currency
risk mitigation strategies
Tax
Reporting
· Monitoring
and managing the Group’s tax obligations and reporting deadlines
· Ensure
all tax liabilities are settled on time
· Ensuring
proactive tax planning for the business
Team
Management
· Ensure
teams operate within budgets
· Developing,
training, and retaining staff with a focus on high-performance individuals.
· Develop
a communication and alignment process to ensure all staff is clear about their
roles and deliverables.
· Develop
and maintain effective team processes for communication, constructive debate,
conflict resolution, identifying innovation opportunities, and joint
problem-solving.
· Utilize
expert financial knowledge and skills to assist staff working with complex
issues.
· Assist
staff to resolve ethical and professional issues.
· Establish
standards of financial and accounting practice/protocols/policies.
· Participate
in the recruitment and selection of staff as required and develop a
comprehensive induction plan.
· Co-ordinate
timely and effective performance management of staff.
· Ensure
Individual Development Plans are developed and implemented for all
subordinates.
· Facilitate
regular team meetings.
Process
Management
· Ensures
organization financial controls are appropriate and operate efficiently
· Manages
year and Annual report processes, including liaison with external and internal
auditors
· Manages
all recommendations from auditors and ensures all agreed recommendations are
implemented in a timely manner
· Safeguard
and ensure the processes/procedures are strictly adhered to
· Developing
external relationships with appropriate contacts, e.g., auditors, Secretaries,
bankers, and statutory organizations such as the Kenya Revenue Authority – KRA
Key
Competencies & Qualifications
· An
undergraduate degree preferably in Business, Accounting, Finance, or Economics.
· A
member of ICPAK in good standing
· Must
have at least 5 years of experience preferably in a similar setup
· Financial
planning and analysis
· IFRS
Proficiency
· Treasury
management.
· Experience
in statutory Reporting
· Strong
general management capabilities
· Strong
relationship management capabilities
· Tax
compliance and a certificate of good conduct
· Must
demonstrate leadership qualities and be a team player
· Keen
eye on details
· Sound
Commercial and business awareness
· Good
communication skills
How to
Apply
If
you’re up to the challenge, kindly send your CV and cover letter only to
recruitment@linkarkconsultants.com before the closing of 30th January 2023.
Clearly
indicate the position applied for and the expected salary in the subject line.