Accounting Job in Kenya 2021
Career Employment Kenya: Accounting Job in Kenya 2021
Job Description: Today Work Kenya

Finance Manager

Role Profile

Managing the company’s
finances, including financial planning, mitigation of financial risks, ensuring
proper financial record keeping, financial & management reporting and
operational support to the company. The role holder will play a key part
in advising and supporting other departments on strategic and tactical aspects
relating to budget management, cost benefit analysis, forecasting and funding
acquisition.

The roles specific
tasks will include:

1. Strategic management

  • Participate in the development of the financial
    and operational strategy for the organization in line with the company and
    mPharma’s overall strategy and business goals. Oversee the cascading of
    both the financial and operational strategy to the staff in the finance
    department.
  • Support the development of the company’s KPIs and
    support the tactical initiatives to aid the achievement of the strategy
    and goals as well as oversee the implementation in the Finance department.
  • Provide strategic financial input and leadership
    on decision making issues affecting the organization, such as evaluation
    of potential alliances, acquisitions and/or mergers, and investments

2. Forecasting &
Planning

  • Lead the development of the organization’s
    budgeting process and guide the other departmental heads in the
    development of the individual departments’ budgets.
  • Ensure proper tax planning and develop the
    appropriate tax strategies for the organization.

3. Operational
Excellence

  • Assist the mPharma CFO in instituting group
    financial reporting structure, policies, processes and procedures in the
    company.
  • Manage and oversee accounting (both payables and
    receivables), legal, tax, Statutory returns, branch financial operations,
    treasury operations, inventory management and fixed assets management.
  • Payroll and salary administration, including
    ensuring that all applicable payroll taxes are deducted and remitted
  • Focus on ensuring value for money is obtained by
    performing cost benefit analysis of all purchases and expenditure in the
    organization before approving spending.  
  • Lead the implementation and operationalisation of
    financial systems, processes, policies, and best practices in operations
    and financial management across the company. This includes training of the
    staff on the use of these systems.

 4. Financial
Reporting and accounting

  • Facilitate the preparation of
    daily/weekly/monthly/annual financial reports are in line with the IFRS
    for the relevant stakeholders including mPharma group reporting,
    shareholders, employees, government, regulatory bodies among others.
  • Ensure timely and accurate monthly reconciliation
    of all general and subsidiary ledger accounts.
  • Presentation of financial results to the key
    stakeholders including the board and Audit committee.
  • Liaise with external auditors and regulatory
    examiners to ensure financials in compliance with all applicable rules and
    regulations 
  • Provision of IFRS support to CFO and other staff
    as necessary

5. Decision Making

  • Support decision making by ensuring timely
    availability of accurate financial reports to guide decision making by the
    management team
  • Conduct evaluation and necessary due diligence for
    mergers, alliances, acquisitions and investments to aid the final decision
    making process

6. Governance, risk
& compliance

  • Ensure that appropriate internal control
    procedures are in place and adhered to. This includes developing,
    implementing, monitoring and reviewing internal control systems to
    safeguard the assets of the company
  • Ensure that appropriate risk management procedures
    are in place and adhered to. Based on the understanding of the company’s
    risk profile, develop measures to mitigate the key risks.
  • Review and assess the terms and benefits of all
    prospective contracts and advise the management on implementation matters.
  • Ensure compliance to financial, legal and
    regulatory requirements including Companies Act, IFRS, Income tax act
    among others.
  • Filing of tax returns to the various tax
    authorities
  • Keep abreast with current changes in accounting
    standards as well as regulatory environments and ensure appropriate
    implementation and risk management
  • Present risk issues to the MD and board audit
    committee.

7. Treasury
Management & Economic Return

  • Forecasting future cash flows for the business,
    obtaining necessary funding and reporting results vis a vis what was
    forecasted.
  • Arrange for debt and equity financing and find
    appropriate ways to invest the company’s finances as well as manage the
    investments. This includes managing all banking and financing
    relationships.
  • Efficiently manage cash flows including cash
    balances and working capital to ensure the company is able conduct planned
    activities, meet its costs and all its financial commitments.
  • Drive business improvement initiatives including
    cost reduction and other process improvements that add value to the
    company.
  • Help the company earn the highest possible
    risk-adjusted return on assets and
    return on capital.

8. People management
and Development

  • Lead the finance team in the company including the
    setting of departmental and individual KPIs and objectives.
  • Oversee team management, performance appraisal and
    performance improvement.
  • Ensure development of the finance team and other
    staff across the business on relevant financial management

Requirements

  • A Certified Public Accountant (CPAK) or ACCA
    holder;
  • A Bachelor of Commerce or BSC or BA degree in
    Accounting, Math, Finance, Engineering, Physical Sciences preferred
  • 7+ years’ experience in finance with an exposure
    to external audit and a minimum of 5 years’ experience in management;
  • Superior proficiency in Microsoft Office (Excel,
    PowerPoint etc.) and familiarity with Google Suite (Docs, Sheets, Slides)
  • Strong attention to detail and exceptional
    analytical skills with the ability to collect, organize, analyze, and
    disseminate significant amounts of information with accuracy
  • Excellent problem-solving skills with
    leverageable background and exceptional project management skills
  • Ability to work independently and collaborate as a
    part of a team
  • Adept at creating presentations report writing and
    presenting
    findings            
  • Proactive, resourceful, and meticulous
  • Fluency in English

Desired

  • Strategy advises across pharmaceutical and
    technology sectors in areas relating to business development, financial
    reporting, taxation, auditing and accounting
  • External audit experience
  • Experience working in technology startup,
    investment banking or strategy consulting environment
  • Experience in running a busy finance department
    especially in a startup
  • Retail or FMCG experience

Admin

  • This position reports to the  pharma CFO.
  • Compensation is competitive and commensurate with
    the candidate’s experience. 
  • This position is based in Nairobi, Kenya.

How
To Apply

Click here to apply