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maboko
Bridge International Academies is a startup revolutionizing education across Africa with a truly unique business model and instructional program.
The company has launched a large-scale, franchise-like network of ultra low-cost, for-profit private primary schools in Kenya, and will expand across Africa. The schools profitably deliver high-quality education for less than $4 per child per month. Local school managers are able to operate their school businesses profitably, while creating a highly successful business at the central level.
This ensures that the school is not dependent on the vagaries of donor funding, but will rather continue to serve the communities as long as parents value the educational service we provide. To ensure the delivery of high quality education, Bridge International writes its own curriculum using Direct Instruction methodology. They also train and support their own teachers.
Bridge have already launched the first 12 schools in their network in the slums of Nairobi with tremendous success, and plan to rapidly scale the company to serve more than 1 million families in Africa.
Position Summary
We are seeking a full-time Chief Accountant who will be a vital member of the Finance and Administration team in their push to enhance the finance and related support functions’ processes.
This is a senior position reporting directly to the Head of Finance and Administration and working closely with the Chief Operating Officer, CEO and all senior managers in adding value to the business.
In particular the Chief Accountant is expected to bring on board superior skills in managing daily financial operations, supervising and developing staff, building systems for solid business controls, leading the cash management and budgeting process among other roles.
Key Areas of responsibility
Microsoft Dynamics (Navision) management and implementation
The company is at an advanced stage in the implementation of Navision ERP that presently handle financial data processing and payroll. You will work closely with the Navision Consultant, Director of IT and Head of Finance in completing the implementation of Navision across the business.
You will be expected to lead the development of anchor systems and controls that will enhance timely and systematic financial and payroll data capture, processing and reporting on a daily basis. You will also be responsible for continuous training of finance and non finance staff in the proper use of Navision.
Day to day Management of Navision Chart of Accounts and Ledger activities
This will include supervision of daily transaction flows from source departments and within the finance team, posting journals into Navision after verification for accuracy, approvals, support and consistency checks, creation of new general ledger accounts and dimensions (analysis codes) for new departments, fixed assets additions and new schools.
Oversight to ensure integrity of the company ledger entries and timely reconciliation of all balance sheet accounts will be a core deliverable for this position.
Company financial reporting and financial analysis
With very rapid growth, the company requires a strong finance professional with proven accounting, financial reporting and analytical skills honed in a fast paced organization with multiple operating units.
You will be required to provide leadership and hands on engagement to the finance team to produce high quality financial reports and departmental analysis largely through existing and new Navision reports.
You will also champion the development of monthly financial reporting with commentaries, relational indices, ratios and graphs to ensure clear understanding of reported financials by the heads of departments, monitoring forex rates for monthly revaluations and leading various treasury projects such as the ongoing Kenya Bankers Association payment system changes.
Monthly presentation of financial performance to respective department heads is a key deliverable for this position.
Supervision of Treasury Operations
This will entail review of payment requirements for the company from various departments and development and analysis of effective periodic cashflows to ensure proper cash management.
Other tasks include daily review of cash and bank postings, review of bank reconciliations, coordination of accounts payables and receivables functions, debt collection, submission of daily cash and bank reports for Kenya accounts, timely planning of tax compliance statutory payments, management of intercompany transactions
Internal Audits and external Audit Preparation
You will be required to conduct regular field audits by visiting operating schools and those under construction, hold regular sessions with head of school operations and school support officers to identify any audit risks and develop a mechanism of systematically addressing such risks.
As part of the annual and mid-term external audit preparation, you will be required to build monthly audit schedules in line with external audit requirements and follow up the implementation of internal and external audit recommendations.
You will also coordinate with the external audit team to plan and execute the interim and annual audits within tight deadlines.
Budgeting and Cost Management
The Chief Accountant will lead the development of budgeting and budgetary reporting systems within the Navision environment. Initially, this will require development of excel spreadsheets for budget data capture from all company operations.
This will later me uploaded to Navision and used as part of reporting comparatives. You will also be expected to demonstrate a strong cost management and value addition principles to ensure we build the cost ethos across the business to enhance our profitability goals.
Other related responsibilities will include but not limited to:
The company has launched a large-scale, franchise-like network of ultra low-cost, for-profit private primary schools in Kenya, and will expand across Africa. The schools profitably deliver high-quality education for less than $4 per child per month. Local school managers are able to operate their school businesses profitably, while creating a highly successful business at the central level.
This ensures that the school is not dependent on the vagaries of donor funding, but will rather continue to serve the communities as long as parents value the educational service we provide. To ensure the delivery of high quality education, Bridge International writes its own curriculum using Direct Instruction methodology. They also train and support their own teachers.
Bridge have already launched the first 12 schools in their network in the slums of Nairobi with tremendous success, and plan to rapidly scale the company to serve more than 1 million families in Africa.
Position Summary
We are seeking a full-time Chief Accountant who will be a vital member of the Finance and Administration team in their push to enhance the finance and related support functions’ processes.
This is a senior position reporting directly to the Head of Finance and Administration and working closely with the Chief Operating Officer, CEO and all senior managers in adding value to the business.
In particular the Chief Accountant is expected to bring on board superior skills in managing daily financial operations, supervising and developing staff, building systems for solid business controls, leading the cash management and budgeting process among other roles.
Key Areas of responsibility
Microsoft Dynamics (Navision) management and implementation
The company is at an advanced stage in the implementation of Navision ERP that presently handle financial data processing and payroll. You will work closely with the Navision Consultant, Director of IT and Head of Finance in completing the implementation of Navision across the business.
You will be expected to lead the development of anchor systems and controls that will enhance timely and systematic financial and payroll data capture, processing and reporting on a daily basis. You will also be responsible for continuous training of finance and non finance staff in the proper use of Navision.
Day to day Management of Navision Chart of Accounts and Ledger activities
This will include supervision of daily transaction flows from source departments and within the finance team, posting journals into Navision after verification for accuracy, approvals, support and consistency checks, creation of new general ledger accounts and dimensions (analysis codes) for new departments, fixed assets additions and new schools.
Oversight to ensure integrity of the company ledger entries and timely reconciliation of all balance sheet accounts will be a core deliverable for this position.
Company financial reporting and financial analysis
With very rapid growth, the company requires a strong finance professional with proven accounting, financial reporting and analytical skills honed in a fast paced organization with multiple operating units.
You will be required to provide leadership and hands on engagement to the finance team to produce high quality financial reports and departmental analysis largely through existing and new Navision reports.
You will also champion the development of monthly financial reporting with commentaries, relational indices, ratios and graphs to ensure clear understanding of reported financials by the heads of departments, monitoring forex rates for monthly revaluations and leading various treasury projects such as the ongoing Kenya Bankers Association payment system changes.
Monthly presentation of financial performance to respective department heads is a key deliverable for this position.
Supervision of Treasury Operations
This will entail review of payment requirements for the company from various departments and development and analysis of effective periodic cashflows to ensure proper cash management.
Other tasks include daily review of cash and bank postings, review of bank reconciliations, coordination of accounts payables and receivables functions, debt collection, submission of daily cash and bank reports for Kenya accounts, timely planning of tax compliance statutory payments, management of intercompany transactions
Internal Audits and external Audit Preparation
You will be required to conduct regular field audits by visiting operating schools and those under construction, hold regular sessions with head of school operations and school support officers to identify any audit risks and develop a mechanism of systematically addressing such risks.
As part of the annual and mid-term external audit preparation, you will be required to build monthly audit schedules in line with external audit requirements and follow up the implementation of internal and external audit recommendations.
You will also coordinate with the external audit team to plan and execute the interim and annual audits within tight deadlines.
Budgeting and Cost Management
The Chief Accountant will lead the development of budgeting and budgetary reporting systems within the Navision environment. Initially, this will require development of excel spreadsheets for budget data capture from all company operations.
This will later me uploaded to Navision and used as part of reporting comparatives. You will also be expected to demonstrate a strong cost management and value addition principles to ensure we build the cost ethos across the business to enhance our profitability goals.
Other related responsibilities will include but not limited to:
- Handling all financial requirements a set of key operating and support departments.
- Lead the development, implementation and improvement of accounting and financial systems through design of tools, procedures and manuals that ensure ability of the finance function to cope with scale as the business expands.
- Finance project management- development, roll out and implementation of Activity Based Costing systems from January 2012, Finance document digitization and other continuous improvement projects within finance
- Oversight over procurement, warehousing and administration functions
- Training of finance and non finance staff, capacity building and development of finance team for current and future challenges
- Developing and maintaining information system for summarized inputs on regional economic parameters.
- Deputizing the Head of Finance and Administration
Staff responsibilities
You will lead a growing team of young finance professionals and participate in building and equipping the team to develop a best in class finance function for the company.
You will also supervise consultants working on finance projects and other staff in operations with a link to finance.
Skills, Competences and experience requirements
Skills
We are looking for an excellent systems oriented accounting and finance professional with broad skills gained in a large organization with evidence of high performance across the whole spectrum of financial and management accounting, treasury management, tax, team building and presentations to senior management teams. A combination of a strong business degree, professional accounting qualifications (CPA/ACCA/CIMA) and strong IT capabilities are required.
Practical experience in Navision version 4 and above is a specific requirement for this position.
Experience
You should demonstrate a track record of hands on and managerial experience of 5 or more years in a fast paced or rapidly growing commercial organization with multiple departments where the use of technology solutions was a key strategy.
Specific experience at senior level in line with the above job roles will be a definite advantage. Growth in responsibility and leadership within the organization/s will be an important indicator of suitability for this position.
Competences
You will be expected to possess and demonstrate good communication, work planning, presentation, team building, leadership, results orientation, entrepreneurial appreciation and problem solving capabilities.
Attitudes
Honesty, commitment to high performance, ability to consistently meet deadlines, pursuit for continuous improvement, respect for multi- cultural colleagues and thinking beyond numbers will be highly valued.
Please send all applications to: Recruitment@dpckenya.com
You will lead a growing team of young finance professionals and participate in building and equipping the team to develop a best in class finance function for the company.
You will also supervise consultants working on finance projects and other staff in operations with a link to finance.
Skills, Competences and experience requirements
Skills
We are looking for an excellent systems oriented accounting and finance professional with broad skills gained in a large organization with evidence of high performance across the whole spectrum of financial and management accounting, treasury management, tax, team building and presentations to senior management teams. A combination of a strong business degree, professional accounting qualifications (CPA/ACCA/CIMA) and strong IT capabilities are required.
Practical experience in Navision version 4 and above is a specific requirement for this position.
Experience
You should demonstrate a track record of hands on and managerial experience of 5 or more years in a fast paced or rapidly growing commercial organization with multiple departments where the use of technology solutions was a key strategy.
Specific experience at senior level in line with the above job roles will be a definite advantage. Growth in responsibility and leadership within the organization/s will be an important indicator of suitability for this position.
Competences
You will be expected to possess and demonstrate good communication, work planning, presentation, team building, leadership, results orientation, entrepreneurial appreciation and problem solving capabilities.
Attitudes
Honesty, commitment to high performance, ability to consistently meet deadlines, pursuit for continuous improvement, respect for multi- cultural colleagues and thinking beyond numbers will be highly valued.
Please send all applications to: Recruitment@dpckenya.com
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