More than 100,000 people have found their dream job through Fuzu.

Closing: Jan 20, 2022

3 days remaining

Published: Dec 10, 2021 (2 months ago)

Job Requirements

Education:

Bachelor's degree

Work experience:

10 years

Language skills:

English

Job Summary

Contract Type:

Full time

Job Purpose:

Assumes overall responsibility of financial reporting of the company including budgeting, monthly forecasting, working capital management and all financial activities in accordance with the Company Policies and standards.


Education and Professional Qualifications:

  • Bachelor’s degree in Finance, Accounting or related field

  • Certified Public Accountant (CPA), ACCA required

  • Master’s degree in Accounting, Finance, Business Administration is an added advantage

  • Knowledge and experience with ERPs is a Required

  • Knowledge and experience with using SAP is added advantage

  • At least 10 years experience in a similar setting with at least 5 years’ managerial experience.

  • Age: 40 and below


Responsibilities

Job Purpose:

Assumes overall responsibility of financial reporting of the company including budgeting, monthly forecasting, working capital management and all financial activities in accordance with the Company Policies and standards.


Education and Professional Qualifications:

  • Bachelor’s degree in Finance, Accounting or related field

  • Certified Public Accountant (CPA), ACCA required

  • Master’s degree in Accounting, Finance, Business Administration is an added advantage

  • Knowledge and experience with ERPs is a Required

  • Knowledge and experience with using SAP is added advantage

  • At least 10 years experience in a similar setting with at least 5 years’ managerial experience.

  • Age: 40 and below


Main Duties/Responsibilities:

  • Oversee operations of the finance department, set goals and objectives, and design a framework for these to be met.

  • Initiate, coordinate and implement the organization’s financial policy

  • Analyze financial performance against key business metrics and document pertinent financial highlights that will enable management to determine progress against budgets.

  • Provide executive management with advice on the financial implications of business activities

  • Make Budgetary and Financial forecasts accurately and communicate the same to the General Manager and/or the Board of Directors as and when required.

  • Ensure that effective internal controls are in place and ensure compliance with local regulatory laws and rules for financial and tax reporting

  • Evaluates and advises on the impact of long-range planning, introduction of new programs/ strategies and regulatory action.

  • Monitors and analyses department work to develop more efficient procedures and use of resources while maintaining a high level of accuracy

  • Conduct reviews and evaluations for cost-reduction opportunities and put in place adequate cost control measures to improve on the company’s profitability

  • Manage the acquisition of capital assets and ensure that assets are properly recorded, amortized, and disposed of as appropriate.

  • Ensure effective working capital management practices.

  • Plan and monitor cash flow in line with revenue or other resources

  • Work aggressively on debtors for timely recovery

  • Develop and set Key Performance Indicators (KPIs) for the department and each staff within the department for effective performance management.

  • Coordinate the month end stock take exercise and keeping the variances under control

  • Liaise with internal and external Auditors and respond to all audit queries raised

  • Ensure that periodic financial reports (weekly, monthly, quarterly and annual) are prepared and presented on time and in the appropriate manner to management, the Board of Directors and other stakeholders.

  • Ensure the use of ERP software within the company to enable preparation of accurate reports

  • Ensure compliance with the financial reporting and regulatory requirements. Ensure adherence to relevant laws, regulations and circulars by maintaining regulatory or compliance documentation

  • Ensure Bank reconciliations and other projects reconciliations are done in time to avoid late payments

  • Ensure Tax returns, statutory deductions such as PAYE are prepared and submitted to URA on time

  • Ensure that all company assets are safeguarded against risk and misuse including but not limited to acquiring adequate insurance cover.

  • Undertake any other tasks as may be prescribed from time to time by management


Applications submitted via Fuzu have 32% higher chance of getting shortlisted.