Finance Manager Job in Kenya

 Job Title: Finance Manager

Hiring Organization: Reltex Leihua Kenya EPZ Ltd
Location – Locality: Nairobi
Location – Region: Kenya
Industry: Manufacturing
Job Type: Full Time
Salary: KES Competitive
Date Posted: 12/19/2023

Reltex Leihua Kenya EPZ Ltd is a tarpaulin manufacturing company seeking to hire a Finance Manager to provide the organization with a strong Accounting proximity to support the achievement of the business, organization, and people strategies and objectives.
The Finance Manager will support the Chief Executive Manager in all accounting and projection tasks.

Key Responsibilities:

  • Preparation and submission of Monthly Management Accounts(Profit and Loss Account and Balance sheet) and Cash flow Statement.
  • Budgeting and Forecasting.
  • Preparation, filling of taxes (EPZ quarterly and annual returns, monthly PAYE and Withholding Tax Payments).
  • Coordination of annual statutory audits (external) and preparation of audit file, audited accounts draft, score sheet analysis and adjustments.
  • Import status update, liaising with the supplier to release the original documentation (commercial invoice, packing list and bill of lading), tracking goods in transit and following up with the bank to issue Avalized Drafts upon receiving the original set of documentation.
  • Daily update of export status, liaising with the shipping department for Certificate of Origin application, export entry processing and surcharge payment.
  • Booking invoices and posting into system, preparing monthly prepayments accrual schedules journals and closing accounts payable ledger.
  • Raising customer invoices for tax exemption and posting and closing accounts receivable ledger and monthly preparation and reconciliation of customer statements, debt collection.
  • Preparation of supplier monthly payment forecast, cash forecast for monthly inflows and outflows analysis, supplier reconciliation statement, processing payments cash cheques, EFTS and posting in the system.
  • Preparation and reconciliation of aged creditors and debtors monthly for input in managements accounts reports.
  • Monthly bank reconciliations.
  • Bank loans schedule update, application for Letters of Credit, upon maturity conversion to Post Import Finance loan, application for Invoice Discounting loan and booking the loans into system.
  • Asset finance loan update.
  • Monthly stocks take, stock sheets preparation, stocks ledger to physical count reconciliation.
  • Insurance renewal and claims filling.
  • Any other duty assigned by the Finance Manager.

Key Skills and Qualifications

  • Bachelor’s degree in accounting or finance.
  • Certified public accountant (CPA, K) or ACCA qualification
  • Minimum of 7 years of finance and accounting experience, including finance, accounting, audit, and analysis (including gathering, evaluating, presenting, and reporting financial information to management and external stakeholders
  • Minimum of 3 years of managerial experience leading finance teams and cross-function collaborations.
  • Finance & Accounting experience working in a non-profit environment

How to Apply

If you are up to the challenge and possess the necessary qualifications and experience, send your CV and a Cover letter stating relevant experience only quoting the job title on the email subject (Finance Manager – Manufacturing) to by 31st December 2023.