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ICT Solutions Provider Finance Manager Job in Nairobi

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Our client, is a leading ICT Solutions provider in East Africa region. 



They are seeking to recruit a highly talented professional to fill in the following position in their Nairobi office:
 



Finance Manager

Reporting to the Managing Director, this position will responsible for designing & implementing the key financial policies, procedures and systems required to help the company manage its financial operations.



 



Principal Accountabilities:

1. Financial Management:



  • Ensure sound financial management for the company in compliance with IFRS and Kenyan statutory requirements

  • Manage monthly financial reporting, bank reconciliation, cash flow analysis and management, accounts/banking management, processing expense vouchers

  • Ensure adherence to the financial policies, procedures and practices; ensure compliance with governmental contracts, supplier and other agreements;

  • Work closely with the External auditors to facilitate annual audits; identify and coordinate audit process with the finance team.


2. Tax Management:


  • Compliance with tax, legislative and statutory requirements for both the company and the employees.

  • Prepare and submit tax returns (Income Tax, VAT and Withholding Tax)

  • Monthly PAYE submissions, PAYE reconciliation (mid-year and annual).

  • Ensure taxes are paid on time and go through ledgers to ensure tax is withheld where applicable.


3. Fixed Assets Management:


  • Develop and maintain the property management database/inventory spreadsheet; update the database for each new purchase of equipment;

  • Supervise quarterly inventories to reconcile database entries with physical counts of property within the office;

  • Ensure fixed assets records and database are maintained in both hard and electronic copy

  • Ensure all fixed assets are comprehensively insured at all times


4. Working Capital Management (Payables, Receivables, Stocks, Cash and Bank Balances)


  • Ensure collection of 80% of debts from the allocated debtors on time

  • Ensure timely submission of all monthly bills payments.

  • Update receipt payments made by clients into the system on timely basis

  • Ensure cash flow management practices by regulating debt, collecting debt and controlling credit.

  • Ensure 100% compliance to company internal control procedures and follow the company credit policy in all financial transactions

  • Safeguard company stocks and maintain necessary ledgers.


5. Procurement and Logistics:


  • Supervise and ensure the consistency of procurement records management; create and comply with standard records file list for all procurement activities – Purchase Order Forms, receipt of goods and services (GRN forms)

  • Manage supplies management process that ensures adequate stock of supplies to prevent stock-outs

  • Oversee and guide the logistics team as per work plan.


Qualifications:


  • Degree in Finance or related course

  • MBA in Finance, Accounting or Strategic Management is added advantage

  • CPA (K)

  • Over 5-7 years in a comparable role (preferably in the IT Industry)

  • Experience in a retail environment

  • Knowledge of International Accounting Standards

  • Familiarity with Kenyan regulations and practices especially in finance & human resources


How to Apply



Interested candidates are requested to forward their updated CVs to [email protected] with the subject Finance Manager by 26th October 2017, stating their current and expected remuneration, daytime telephone contacts and addresses of three referees. 


Only shortlisted candidates will be contacted.





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