Finance Associate
Job Type: Full Time
Job Category: Finance
Closing Date: December 22nd, 2022
Location: Nairobi
Cytonn
Investments is an alternative investment manager, with a captive real estate
development capability. Cytonn has a unique strategy of coupling two compelling
demand areas – the lack of high yielding investment products and the lack of
institutional grade real estate. We distribute high yielding instruments to
attract funding from investors, and we deploy that funding to investment grade,
well planned and comprehensive real estate developments that are largely
pre-sold.
Real estate investments are made through our development affiliate, Cytonn Real Estate, where we currently have over Kshs. 82 billion (USD 820 mn) of projects under mandate across ten projects. In private equity, we invest in banking, FinTech, and hospitality.
To
manage its rapid growth, the company is looking for a dynamic and hardworking
individual with strong leadership and entrepreneurial skills to join the team
in the Finance Department.
Responsibilities
- Documenting
the accounting process to capture the SPVs business model
- Reconcile
the intercompany balances between the entities in the company
- Ensure
subsidiary books are reconciled at all times (trade receivables, trade
payables and inventory)
- Prepare
daily, weekly, monthly and ad hoc reports to support business decision
making
- Manage
the accounting function of all the entities
- Prepare
schedules for all accounts in the general ledger for entities under
management
- Ensure
postings are done in the system based on approved source documents
- Ensure
the entities under management are compliant with all taxation and other
regulatory requirements. These includes PAYE, NSSF, NHIF, NITA, VAT and
WHT.
- Continuously
identify areas of policy and operational improvement in area of operation
- Train
and assist others within a team environment.
- Prepare
cash flow projections for all entities in order to optimally manage cash
flows while meeting obligations for our stakeholders
- Coordinate
the internal and external audit of the accounting records and financial
statements and implementing all recommendations on timely basis
- Assist
with Corporate wide accounting
- Oversight
of the Corporate accounting and Management accounting process to/for the
Real Estate
- Represent
the Company and Real Estate vehicles in legal matters while working with
the Legal Department
- Any
other duties as may be assigned from time to time
Qualifications
- CPA
(K) and/or ACCA and Bachelor’s Degree in accounting, finance or related
degree
- KCSE
B+ and above
- Three
(3) years working experience in a Finance environment
- Strong
verbal and written communication skills.
- Strict
deadlines conscious with minimum supervision
- Ability
to easily adapt to dynamic, complex and rapidly changing finance
environment.
- Ability
to learn and to train team members
- Covid-19
vaccination certificate
How to Apply
