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 CEO 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:
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
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.
You should demonstrate a track record of hands on and managerial experience of 3 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.
A bachelors degree, CPA(K) or ACCA qualifications,Masters degree would be an added advantage. 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.
You will be expected to possess and demonstrate good communication, work planning, presentation, team building, leadership, results orientation, entrepreneurial appreciation and problem solving capabilities.
Honesty, commitment to high performance, ability to consistently meet deadlines, pursuit for continuous improvement, respect for colleagues and thinking beyond numbers will be highly valued.
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