Financial Controller at

1 month ago

Nairobi, Nairobi Area, Kenya Tatu City Limited Full time

Tatu is a project of Rendeavour, Africa's largest urban land developer with over 30,000 acres of visionary projects in the growth trajectories of large cities in Kenya, Ghana, Nigeria, Zambia and Democratic Republic of Congo.

Rendeavour's vision goes beyond alleviating what is a self-evident problem - that of stifling urban congestion and a dearth of quality housing and commercial property in Africa.

Rather, we aim to help create the infrastructure - the living and working spaces, communities, schools and hospitals - that will help sustain and accelerate Africa's economic growth, meet the aspirations of Africa's burgeoning middle classes, and serve as a catalyst for further urban development.


RESPONSIBILITIES:
Manage the processes for financial forecasting and budgets and oversee the preparation of all financial reporting for Kenya;
Develop and control Kenya's annual budget to ensure all financial targets are met and financial and statutory regulations are complied with;
Kenya management reporting, including quarterly IFRS balance sheets and P&Ls (if required).
Coordinate and supervise annual third-party valuation of Rendeavour assets in Kenya;
Supervising project accounting and reporting.
Manage forecasting and budgeting processes.
Monitor and control budgets versus actual spending/income every month.
Closely monitor and control all spending throughout Kenyan Entities, stay within budgets, and identify and achieve savings.
Managing liquidity of Kenyan group of entities.
Maintain and update an accurate cash flow forecast for Kenyan entities every month.
Monitor and manage intercompany and third-party loans.
Manage all treasury functions throughout the Kenyan entities.
Work on attracting new investors in development projects.
Manage financial models for Kenya projects.
Safeguard shareholder assets through appropriate internal controls and manage any financial risks;
Maintain and develop all necessary policies and procedures to ensure sound financial management and control of the business;
Creating and maintaining business plans and financial models for real estate developments.
Contributing to strategy development and implementation of existing and new businesses.
Assisting with the preparation and coordination of annual business plans.
Assisting with the preparation and coordination of monthly management reporting.
Cash flow forecast and analysis, budgeting
KPI analysis and commentary of performance against budget for quarterly board packs
Financial modelling, scenario analysis and due diligence.

REQUIREMENTS

Hard skills and experience:
Minimum of three years experience in a Financial Controller or similar senior position.
CPA ACCA or CFA certification required.

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