Position Title: Finance Officer
Region: Nairobi, Kenya
Industry: Real Estate
Our client, a leading property company with a heritage of 15 years in the real estate industry in Kenya is urgently recruiting for a talented Finance Officer.
He/she will be responsible for ensuring the development of relevant financial information, timely financial budgeting, planning, liquidity management, and financial reporting for key stakeholders as well as controlling the organization’s financial processes, making the necessary changes to upgrade and improve processes, policies, or procedures.
The role also ensures alignment with the mission, core values, partnership policies and strategies, accountability, and compliance with applicable legal, governmental, and regulatory requirements.
Key Responsibilities:
General:
- Support all stakeholders and implement agreed business strategies.
- Problem management and resolution and/or escalation within the area of responsibility
- Liaise with the Senior Finance Officer for all support requirements
Business Planning and Budgeting
- Spearhead preparation of the yearly budget & quarterly forecasts for the alignment of business short and long-term strategic plans.
- Lead cash flow analysis and monitoring and predicting future trends.
- Support the CEO with monitoring and implementation of pricing and mix changes to achieve profitability targets.
- Analysing competitors and market trends
Leadership
- Provide leadership and be a role model to all members of the team.
- Provide professional and managerial leadership as delegated by the CEO
Financial Reporting
- Have all financial reporting done in an effective, efficient and timely manner
- Complete all internal reporting requirements
- Preparation and completion of general ledger and balance sheet reconciliations
- Managing and balancing inter-company accounts.
- Prepare adequate analysis of current business performance.
- Analysis of actual financial results to forecast and plan
- Margin analysis / Business analysis
- Preparing Group Management accounts periodically and as and when required.
- Preparation of financial proposals which support the business needs.
- Reviewing business processes to ensure they are relevant and efficient and proposing new processes / out-of-the-box thinking where these are necessary
Treasury
- Monitoring and managing the organization’s Bank relationships and liquidity management
- Manage debt facilities and investments
- Prudent Investments management
- Currency risk mitigation strategies
Tax Reporting
- Monitoring and managing the Group’s tax obligations and reporting deadlines
- Ensure all tax liabilities are settled on time
- Ensuring proactive tax planning for the business
Team Management
- Ensure teams operate within budgets
- Developing, training, and retaining staff with a focus on high-performance individuals.
- Develop a communication and alignment process to ensure all staff is clear about their roles and deliverables.
- Develop and maintain effective team processes for communication, constructive debate, conflict resolution, identifying innovation opportunities, and joint problem-solving.
- Utilize expert financial knowledge and skills to assist staff working with complex issues.
- Assist staff to resolve ethical and professional issues.
- Establish standards of financial and accounting practice/protocols/policies.
- Participate in the recruitment and selection of staff as required and develop a comprehensive induction plan.
- Co-ordinate timely and effective performance management of staff.
- Ensure Individual Development Plans are developed and implemented for all subordinates.
- Facilitate regular team meetings.
Process Management
- Ensures organization financial controls are appropriate and operate efficiently
- Manages year and Annual report processes, including liaison with external and internal auditors
- Manages all recommendations from auditors and ensures all agreed recommendations are implemented in a timely manner
- Safeguard and ensure the processes/procedures are strictly adhered to
- Developing external relationships with appropriate contacts, e.g., auditors, Secretaries, bankers, and statutory organizations such as the Kenya Revenue Authority – KRA
Key Competencies & Qualifications
- An undergraduate degree preferably in Business, Accounting, Finance, or Economics.
- A member of ICPAK in good standing
- Must have at least 5 years of experience preferably in a similar setup
- Financial planning and analysis
- IFRS Proficiency
- Treasury management.
- Experience in statutory Reporting
- Strong general management capabilities
- Strong relationship management capabilities
- Tax compliance and a certificate of good conduct
- Must demonstrate leadership qualities and be a team player
- Keen eye on details
- Sound Commercial and business awareness
- Good communication skills
How to Apply
If you’re up to the challenge, kindly send your CV and cover letter only to recruitment@linkarkconsultants.com before the closing of 30th January 2023.
Clearly indicate the position applied for and the expected salary in the subject line.