CA with 10-12 yrs of PQE as a Finance Controller at A Manufacturing Major, Kenya, Abroad

  • 10 - 12 Years
  • Not Mentioned
  • Abroad
  • permanent
  • Chartered Accountant
  • Others
  • Accountancy,Corporate Finance,Operations Management
  • KEY RESPONSIBILITIES
    1. ACCOUNTING, REPORTING & INTERNAL CONTROLS
    • Responsible for the entire finance and accounting function, the FC is
    the primary responsibility for all accounting transactions, financial reporting and
    internal control systems.
    • Provision of accurate and timely financial data, reports and presentations as
    required by the business ensuring deadlines are met.
    • Ensure the balance sheet is properly reconciled with supporting
    documentation. Ensure the P&L account is accurate (e.g., costs are
    properly matched to revenue; costs are recorded in the proper accounts) and
    reflects the company’s performance on a monthly, quarterly and annual basis.
    Provide relevant variance analyses against the annual budget.
    • Monitoring of imports and preparation/ review of import and product costing
    for the trading and manufacturing divisions.
    • Creation of and compliance with Finance SOP's.
    • Implements a system of appropriate internal controls to manage business risks
    across all businesses. Ensures a strong accounting and operational control
    environment to safeguard assets, improve operations and
    profitability.
    • Supervise the preparation of salaries and other payroll related functions.
    • Manage all insurance related matters relating to the Group.
     
    2. STATUTORY REPORTING
    • Preparation and timely completion of the annual statutory accounts and
    related audits.
    • Ensure statutory compliance with all local and relevant authorities,
    submission of statutory reports in a timely manner complying with the local
    reporting regulations. Manages and oversees internal, external and regulatory
    audit processes.
    3. TREASURY
    • Management and supervision of all banking activities of the organization.
    Establish, maintain, network and handle all banking relationships, ensuring
    competitiveness will all banking terms and conditions.
    • Management of Forex and related risk management. Ensure the Group's Forex
    needs are met as needed. This is key to the role, particularly as the business
    operates in a volatile Forex market. Significant experience in this area is a
    requirement.
    • Management of bank transfers of local and foreign currency.
    • Preparation of yearly cash flow forecast and regular periodic review.
    • Establishment and management of a strong treasury and cash management internal
    control system.
    • Responsible for arranging short term financing requirements as well as
    Project related funding.
    4. TAXATION
    • Responsibility for co-ordination of all tax matters, including communication,
    negotiation and liaison with State and Federal authorities.
    • Management of all tax audits and related investigations. Ensure adequate controls
    are installed and that substantiating documentation is approved and available
    such that all purchases/ expenses may pass independent and governmental audits.
    Reviews audit issues to ensure accuracy and minimization of tax obligations.
    • Compliance with VAT, PAYE, WHT, Income and Education
    Taxes.Monitors all taxes that apply, ensuring that taxes are current, paid and/ or
    accrued.
    5. FINANCIAL PLANNING & FORECASTING
    • Leads the development and implementation of a comprehensive annual business
    plan and financial budgets, which is aligned with the company's strategic
    direction. Provide accurate forecasts that enable operations to react to changes
    in the business.
     
    • Analyses information, forecasts sales against expenses and creates annual budget
    plans. Creates the annual operating budget for the company.
    • Provides analytical support during budget reviews to identify cost saving and
    productivity opportunities for each business.
    • Monitors actual sales against projected sales. Provides on-going analytical support
    by monitoring each business unit's actual and projected sales.
    • Analyses differences between actual budget wages and forecasted wages for
    more efficient budget planning.
    6. STRATEGIC DECISION MAKING & INFLUENCE
    • Communicates company’s strategic goals & focus and board's priorities to
    subordinates in a clear and precise manner. Leverages strong functional
    leadership and communication skills to influence the executive team, the
    business managers and own team.
    • Thinks creatively and practically to plan, develop, execute and implement new
    business plans and ventures. Analyses financial data and market trends to improve
    profits, including project viabilities, cost benefit analysis and exploring new
    business opportunities.
    • Utilizes interpersonal and communication skills to lead, influence, and
    encourage others; advocates sound financial/business decision making;
    demonstrates honesty/integrity; leads by example.
    7. EXECUTIVETEAM SUPPORT
    • Attends executive meetings and communicates with the board members,
    understanding the priorities, strategic focus and needs of key stakeholders (board,
    corporate, employees, suppliers, customers, other external bodies).
    • Communicates financial concepts in a clear and persuasive manner that is easy to
    understand and drives desired behaviors. Facilitates critique meetings
    to review information with management team.
    • Advises the Managing Director on existing and evolving operating and financial
    issues.
    • Manages working capital and cash flow in accordance with brand SOPs and board
    guidelines.
    8. FINANCE TEAM & HR MANAGEMENT
    • Provides excellent leadership by assigning team members and others to the
    job at hand. Ensures team members are cross-trained to support successful
    daily operations. Conducts annual performance appraisals with direct
    reports.
     
    • Ensures new hires participate in the department's orientation program and they
    receive appropriate training in order to successfully perform their job.
    • Creates appropriate development plans for team members based on their
    individual strengths, development needs, career aspirations and abilities.
    • Conduct performance review process for employees with Head of HR.
    • Participates in hiring activities as appropriate.
    • Assist in the design, implementation, and timely calculations of wage
    incentives, commissions, and salaries for the staff.
    9. DESIRED SKILLS AND EXPERIENCE
    • A fully qualified Chartered Accountant/ ACCA with at least 10years’ experience as
    a senior finance professional (FC, Group FC).
    • Experience within a manufacturing industry in East Africa (ideally Kenya) is preferable
    as well managing a multiple business unit business.
    • Fully conversed with managing and using intricate ERP systems - at a minimum full
    and extensive knowledge of Tally ERP9 and MS Excel (to Macro/Pivot table level)
    • Must have excellent interpersonal and communication skills (written and oral English)
    to ensure all communications across all levels of the organization are clear, concise,
    transparent and easily understood.
    • Must be able to command respect from the senior management team; has the
    maturity and the leadership skills necessary for the position.

Employer Profile :

  • A Manufacturing Major, Kenya, Abroad
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