Job Title: Finance
Manager
Department: Finance
Reports to: Group Finance Director
Direct Reports: Management and cost accountant, Credit Controller and Accountants
Job Purpose
To ensure that financial resources are managed professionally, safeguarded from possible loss and utilised optimally.
Indicators of good performance of the job Department: Finance
Reports to: Group Finance Director
Direct Reports: Management and cost accountant, Credit Controller and Accountants
Job Purpose
To ensure that financial resources are managed professionally, safeguarded from possible loss and utilised optimally.
- Timely
and accurate generation of key reports for the Group Finance Director 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.
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 General Manager in each company with their strategic planning and
business review process.
- Prepare
cash flow forecasts, monitor working capital and manage cash balances by
initiating/executing appropriate actions including the investment of excess
cash and inter-account transfers.
- 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)
- 8
years experience
- Knowledge
of tax laws and regulations
Competencies
- Financial
planning and management
- Financial
accounting
- Development
of policies and procedures
- Budgeting
and budgetary control
- Decision
making skills
- Problem
solving skills
- Work
organisation and co-ordination skills
- Staff
management, development and discipline skills
Email:
careers@monarch.co.ke
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