Financial Controller-IT at

4 weeks ago

Nairobi, Nairobi Area, Kenya Corporate Staffing Full time
Corporate Staffing Services is a leading recruitment agency in Kenya providing complete recruitment services. In the last ten years we have been partners to local and foreign businesses looking to hire Kenyan professionals. We have recruited for diverse clients in different sectors and industries.
Summary

They seek to hire a competent professional Financial Controller will be tasked with all activities overseeing PAIX's day-to-day financial operations, such as integrating finance operations, forecasting and budgeting, handling tax matters, analyzing financial reports, and ensuring PAIX financial stability.

Key Responsibilities
Financial Accounting & Control

Overall management of the accounting records and financial reports ensuring compliance with company, owner, statutory and fiscal requirements and timelines
Ensure that the balance sheet is a fair reflection of the assets and liabilities of the company
Ensure legal and tax compliance and validity of permits and licenses
Take responsibility for the safekeeping and updating of all leases and contracts, which may affect the financial status of the company
Liaise and co-operate with both internal and external audit, ensuring that an effective program of internal audit is in place and that corrective action is promptly taken where required
Develop best practice financial accounting and control procedures, with continuous review and development with the aim of maximizing both impact and efficiency

Management Reporting.

Implement reporting that incorporates bench marking, identification and measurement of key performance indicators, and use of the balanced scorecard
Ensure reporting is timely and accurate, internally consistent and that reports are conducted each month

Business Support

Support and advice on financial and commercial matters to the Finance Manager and to CFO, including the interpretation of financial data
Review management information for the company and make proposals for the Finance Manager and to CFO for value added initiatives

Investment optimizing returns on capital investment

Prepare annual capital plan and direct implementation of this plan, ensuring funding and necessary buying (e.g. Owners) are in place so that the note can be kept at the highest possible standard
Perform post investment audit on major capital investments, communicating results of post investment reviews within the management team and ensures actions are taken to learn from such results and maximize returns
Ensure compliance with corporate capital policy, maintaining proper control and recording of project spends

Looking Ahead

Work with the Finance Manager and CFO in strategic planning, with particular emphasis on Master-Planning and "thinking outside the box" to identify value opportunities
Manage the formulation, review and approval process for budgeting within the company
Ensure a regular cycle of forecasting takes place within the operating companies with content and detail appropriate to the needs of the operation
Provide alerts to HQMT and Country MD's via regular forecasts, outlook reports or via ad-hoc reporting concerning positive or negative trends in the business
Work with colleagues, the Finance Manager and CFO to ensure consistency and accuracy of communication regarding future trends in the business

Cash & Working Capital

Maintain accurate cash flow forecasts for at least one year ahead, and ensure adequate notice is given by Country Finance Managers, of any future cash requirements
Ensure full reconciliation of all bank accounts on a weekly basis, maintaining the highest standards of control over all cash and bank balances at all times
Establish robust credit control and credit management policies with the Finance Manager and the Country Finance Managers within the guidelines set out by company policy

Cost Management

Benchmark costs against other data centers, identifying cost reduction opportunities and managing financial risks of the business

Requirements

Master's degree in accounting/finance or equivalent
Certified CPA
At least 7 years of experience in accounting, with 2+ years in a similar position with an international company
Proven experience in finance management
Strong communication and presentation skills
Excellent interpersonal skills
Sound knowledge of accounting and control fundamentals
Auditing experience
Compliance oriented
Proficiency in Microsoft Office, (Word, Advanced Excel, Power point) and accounting software (experience with ZohoBooks is a plus)
Excellent analytical and numerical skills
Sharp time management skills
Strong ethics, with an ability to manage confidential data

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