Reporting to the Chief Executive, the Financial Accountant will spearhead the development, planning, implementation and monitoring of financial accounting strategies in line with the overall business strategy.
He/she will also manage the supply chain and logistics function.
Duties and Responsibilities:
· Providing and interpreting financial information;
· Monitoring and interpreting cash flows and predicting future trends;
· Analyzing change and advising accordingly;
· Researching and reporting on factors influencing business performance;
· Developing financial management mechanisms that minimize financial risk;
· Conducting reviews and evaluations for cost-reduction opportunities;
· Managing the company's financial accounting, monitoring and reporting systems;
· Liaising with auditors to ensure annual monitoring is carried out;
· Developing external relationships with appropriate contacts i.e. auditors, bankers and statutory organizations such as KRA;
· Producing accurate financial reports to specific deadlines;
· Managing budgets;
· Arranging new sources of finance for the company's debt facilities;
· Supervising departmental staff;
· Keeping abreast of changes in financial regulations and legislation.
· Generate and manage payroll administration, implementation of internal controls.
· Make regular reports to senior management on income, expenditure and any variations from budgets.
· Authorize expenditure up to limits as agreed by the board of directors
· Identify and implement plans with the assistance of the human resource manager for department training and development needs.
· Review collection reports to determine the status of collections and the amounts of outstanding balances.
Knowledge and Skills:
· Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data.
· Knowledge of business and management principles involved in strategic planning and resource allocation.
· Knowledge of the law and government regulations.
· Knowledge of capital raising strategies that support a firm’s expansion.
· Ability to monitor cash flows and trends.
· Keenness of detail that allows for easy detection of errors or problems resulting in quick rectification.
· Ability to assess individual as well as team performance.
Work Abilities:
· Ensure continual teamwork within the department.
· Ensure integrity and honesty when performing duties at all times.
· Ability to take on responsibilities and challenges.
· Ensure team motivation is maintained while offering direction and guidance.
· Delegate work to other individuals within the team.
· Strong business acumen.
· Ability to understand different operating businesses and dynamic working environments.
· Exposure to International Financial Reporting Standards.
· Demonstrate good communication and leadership skills with high personal integrity.
Minimum Qualifications and Experience:
· An undergraduate degree in accounting or finance. An MBA will be an added advantage.
· A qualified Accountant with CPA (K), ACCA or CFA professional qualifications.
· A minimum of 3 years relevant experience in the same position.
· Experience in implementing and utilising ERPs
· Organized, numerate, analytical and fully computer literate.
How to apply
Please send your CV and Application letter together with your current and expected salary to recruitment@fanisi.net by 20th June, 2011.
Only shortlisted applicants will be contacted.
Please send your CV and Application letter together with your current and expected salary to recruitment@fanisi.net by 20th June, 2011.
Only shortlisted applicants will be contacted.
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