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Financial Accountant Job in Nairobi Kenya

Financial Accountant

Industry: Manufacturing

Location: Nairobi

Salary: KShs 150K - 200K

Our client is a food and beverage distribution company.

They seek to hire a financial accountant.

Their main roles are to manage company funds in a manner that maximizes return on investment while minimizing risk.

Duties and responsibilities

  • Maintain a documented system of accounting policies & procedures
  • Maintain general ledger chart of accounts
  • Prepare company monthly and annual financial statements and supporting schedules according to month end close schedule
  • Review materials usage, labor costing, equipment, fixed assets and depreciation
  • Supervise KRA sugar bonds, VAT, Insurance, capital assets, general ledger and invoicing
  • Costing imports, compiling clearing costs, supplier invoices receiving documents and price
  • Physical verification of raw materials, packaging and finished goods
  • Oversee operations of the treasury department including design and structure

Funds Management
  • Forecast cash flow positions, related borrowing needs and available funds for investment
  • Ensure sufficient funds are available to meet organizational and operational requirements
  • Use hedging to mitigate financial risks related to interest rates on the company borrowings
  • Maintain banking relationships
  • Assist in determining the company proper capital structure
  • Arrange for equity and debt financing

Invest funds
  • Recommend on appropriate dividend issuances based on historical dividend patterns

  • Manage the preparation of the company budget
  • Report to management on variances from the established budget and reasons for variance
  • Assist management in strategic decision making

Financial Analysis
  • Engage in ongoing cost reduction
  • Review the performance of competitors and report on key issues to management
  • Engage in benchmarking studies to establish areas of potential operational improvement
  • Interpret the company’s financial results to management and recommend improvement activities
  • Review company bottlenecks and recommend changes to improve overall level company output
  • Regular financial reporting to management
  • Manage capital budgeting proves
  • Create additional analysis and reports as requested by management

Qualifications & Skills
  • Bachelor degree in Business especially Accounting or Finance
  • ACCA graduate or CPA (K) preferred
  • Experience in FMCG industrial/ manufacturing companies is a plus
  • Minimum of 10 years experience in a large finance division of a company
  • Exposure to International Financial Reporting Standards
  • Is a person of attested integrity, with high degree of stewardship of resources
  • Excellent analytical, organizational, interpersonal, leadership and communication skills
  • Result oriented, self-motivated and energetic.
  • Computer literacy and good knowledge of diverse accounting packages
  • Good communication and presentation skills at a senior level
  • Ability to work under pressure to meet tight deadlines
  • Should be a team player
  • Provision of accounting support to other Functional Units

If you are up to the challenge, posses the necessary qualification and experience, please send your CV only quoting the job title on the email subject (Manufacturing Co. Financial Accountant) to before 31st March 2014

Kindly indicate your current salary on the CV

N.B: We do not charge any fee for receiving your CV nor for interviewing

Only candidates short-listed for interview will be contacted.

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