Financial Accounting (FA) Manager

nairobi cityKE

full-time

bachelor

6 months ago11/11/202312/11/2023

- closed

Job purpose:

  • Oversee all the accounting processes and procedures, ensuring accuracy and completeness of books of accounts, reconciling balance sheet accounts including tax, internal and external audits, and ensure effective financial running and rigorous financial control management and process disciplines.

Key Responsibilities:

  • Leadership- Provide direction to the finance team and foster a collaborative and high-performing culture.
  • Financial Reconciliation- Take ownership of management accounts, review, sign-off and ensure compliance, including monthly, quarterly, annual closure as per IAS & IFRS standards.
  • Financial controls- Develop and implement financial control policies and procedures with a key focus on cash & receivables cycle/petty cash, purchases and payables cycle etc.
  • Financial Compliance- Develop a review mechanism to ensure and measure compliance to relevant policies including SLAs, and accounting policies. Champion continuous improvement of financial procedures and controls through regular update of processes and procedures.
  • Investor Accounting- Review creditor balances and participate in regular meetings with investors, lenders in collaboration with Head of Finance and Group Finance teams.
  • Audit Management- Oversee the review, preparation, and corporate governance compliance on annual audited financial statements.
  • Treasury Management- Lead regular monitoring and management of working capital & long-term funding needs. In addition, drive company preparation of daily, weekly, monthly, quarterly, and yearly cash flow forecasts
  • Asset Management- Ensure accuracy of additions, disposals and depreciation for tangible and intangible assets as well as overseeing the annual verification of company assets.
  • Inventory Management- Reconcile other liabilities including suppliers, provisions & accruals, taxes, deferred income, and Rate of Use Lease Liability. Ensure accuracy of inventories and low-value assets including coordination of periodic stock counts to identify variances in any stock items.
  • System Administration- Lead ERP functioning to ensure business financial and operational reporting, analyses and decision support systems are timely, accurate, error free and require minimum human input to avert/minimize any governance risks.
  • Performance Management- Guide the setting and evaluation of KPI’s and subsequent development of capacity building initiatives.

Key Competencies:

  • Leadership
  • Financial Acumen
  • Analytical and problem-solving ability
  • Stakeholder and Relationship Management
  • Highly adaptable

Minimum Qualifications:

  • Bachelor’s degree in accounting, finance, or a related field
  • CPA (K)/ ACCA finalist and registered member.
  • Minimum eight (8) years of experience in Finance, preferably in the financial services industry with exposure to both Audit and Financial Accounting.
  • ERP experience particularly working with MS Dynamics, SAP, Syspro, Sage etc.
     

Interested and qualified? Go to Watu Credit Limited on watu.applytojob.com to apply

Elevolt does not charge job seekers any fees for job applications or consideration. Do not make any payments without doing your due diligence. If you think this posting is not genuine, please flag it below orcontact us

Sorry, this job is closed and is no longer accepting applications.

View Other Jobs
Watu Credit

Watu Credit

We believe everyone deserves the opportunity to be an entrepreneur and achieve their goals. We see Africa’s bright and prosperous future and want to be part of making it a reality. Our mission is to h...