Finance Controller Job in Kenya

Female Finance Controller
 
1. Accounts Payable and Receivable
 
Creditors receive correct payments, on time;
  • Own supplier master data
  • Supplier reconciliations are reviewed monthly
  • Enforce DOA and  authorisation matrix
  • Creditors age analysis is reviewed weekly
  • Weekly payments run

Ensure payments from customers are received on time and accordance with customer payment terms;
  • Customer account applications are reviewed & required documents received
  • Credit applications are reviewed in line with authorisation matrix
  • Ensure proper follow up of collections and credit policies
  • Customer receipts are properly allocated and any discounts given are consistent with trading terms
  • ERP master data forms for customers are reviewed and accurate
  • Debtors age analysis is being reviewed weekly
  • Best-practice credit policy implemented and maintained
  • AR,DSO and relevant KPI tracking
  • Verification of customer claims
  • Issuance of customer statements, update and reconciliation
2. Best-practice accounting procedures followed
 
Compile Balance sheet accounts and General Ledger;
  • Monthly Balance sheet accounts are prepared, reconciled & month end pack reviewed (Debtors,Cashbook,vendors,Inventory,Accruals,Deposits,Prepayments,Share Capital and Reserves)
  • Journal entries reviewed and approved before posting to General Ledger
  • Monthly accruals are prepared and reviewed prior to posting in ERP
  • Month end and period end tasks and activities executed (Balance Revaluation, FX adjustments in ERP, Period end close in ERP, Monthly and periodic physical count and verification (stocks and fixed assets)
Monitor fixed assets
  • Fixed assets are properly recorded and maintained in ERP
  • International Financial Reporting Standards adjustments to fixed assets are processed bi-annually
  • Acquisitions of fixed assets are properly authorised by Managing Director
  • Capex budget is prepared annually in consultation with Managing Director
Review cash flow
  • Cash flow forecasts are prepared monthly and weekly CICO
  • Payment obligations are met; interest payments, capital repayments, Tax (Excise, VAT, CIT), Payroll, payments to group companies and foreign exchange contract commitments
  • Group’s “cash toolkit” is being competently managed and suggested improvements given to Head of Finance
Monitor taxation obligations and insurance needs
  • Prepare all tax returns for our client
  • Half-yearly and annual tax calculations prepared are submitted timeously
  • Statutory returns are submitted annually and timeously
  • Tax queries are competently resolved
  • Insurance risks are accurately analysed
  • Analysis of insurance needs to cover assets & events leading to financial loss
  • Insurers advised of changes that may affect risk
Monitor administration tasks
  • All bank and petty cash accounts are processed monthly and reconciled to ensure accuracy
  • All payroll inter-company charges are processed in ERP
3. Group Balance Sheet monthly reporting
 
Preparation of monthly reporting for our client’s activity in HFM (Prisma)
  • Data submission of monthly reporting for our client into Prisma
  • Reconciliation of local accounts for Balance Sheet with Prisma
  • Clearing of Prisma blocking controls
  • Consistency with PR Group requirements.
Preparation of our client’s Budget, Quarterly Estimates and Strategic Plan
  • Work in conjunction with business analyst during budget and LEs
  • Data submission of into Prisma
  • Ensure reconciliation between HFM reported figures and analysis pack
  • Assist with the SSA consolidated P&L reporting
  • Month-end processing deadlines are complied with
4. Internal control responsibilities
 
Set-up of all internal control procedures of PRK
 
Completing the LSF (French Security Law) questionnaire on an annual basis
  • Internal controls reviewed annually
  • Internal control schedules are compliant with Group requirements
  • Ensure integrity of master data base for suppliers and customers
Risk mapping every two years
 
Recommendations made to Head of Finance on improvement of processes and controls
 
Ensure proper implementation of Segregation of Duties and compensating controls 
 
Enforcement of the organisation’s DOA (Delegation of Authority)

5. Stakeholder Relations
 
Develop a collaborative relationship internal stakeholders
  • Cultivate an excellent transparent working relationship across departments and with SSA senior finance team
Collaborate with external stakeholders
  • On-going communication with auditors, external advisors, company secretaries, banks and other service providers as required
  • Liaise with government departments on statutory compliance issues as required
6. Employee Management and Motivation
  • Day to day management of the junior accountant: prioritisation of task, coaching and mentoring.
  • Expectations and objectives clearly communicated
  • Performance monitored through review meetings held at least every six months Feedback on performance provided
Job Requirements
  • Bachelor's degree in Finance/Accounting, Master's degree is an added advantage
  • MUST possess accounting qualifications either CPA; ACCA; CIMA besides the degree
  • 5 & above years’ of related professional experience
  • Previous Experience as an FC would be a plus.
  • Experience in an International Firm would be a plus.
  • Experience leading a team of at least 2
  • Experience with NAVISION accounting package preferred
  • Experience as a Senior Associate Auditor in one of the Big Five Auditing Firms would be ideal.
How to Apply

Click HERE to apply online

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