Position Title: Financial Controller
Industry: IT
Location: Nairobi
Gross Salary: Competitive
Our client is a start-up founded by technology enthusiasts with more than 30 years’ experience in the data centre industry across the world.
They have recently received their series B funding and are looking at expanding their team.
They seek to hire a competent professional Financial Controller will be tasked with all activities overseeing PAIX's day-to-day financial operations, such as integrating finance operations, forecasting and budgeting, handling tax matters, analyzing financial reports, and ensuring PAIX financial stability.
Financial Accounting & Control
- Overall management of the accounting records and financial reports ensuring compliance with company, owner, statutory and fiscal requirements and timelines
- Ensure that the balance sheet is a fair reflection of the assets and liabilities of the company
- Ensure legal and tax compliance and validity of permits and licenses
- Take responsibility for the safekeeping and updating of all leases and contracts, which may affect the financial status of the company
- Liaise and co-operate with both internal and external audit, ensuring that an effective program of internal audit is in place and that corrective action is promptly taken where required
- Develop best practice financial accounting and control procedures, with continuous review and development with the aim of maximizing both impact and efficiency
Management Reporting
- Implement reporting that incorporates bench marking, identification and measurement of key performance indicators, and use of the balanced scorecard
- Ensure reporting is timely and accurate, internally consistent and that reports are conducted each month
Business Support
- Support and advice on financial and commercial matters to the Finance Manager and to CFO, including the interpretation of financial data
- Review management information for the company and make proposals for the Finance Manager and to CFO for value added initiatives
Investment optimizing returns on capital investment
- Prepare annual capital plan and direct implementation of this plan, ensuring funding and necessary buying (e.g. Owners) are in place so that the note can be kept at the highest possible standard
- Perform post investment audit on major capital investments, communicating results of post investment reviews within the management team and ensures actions are taken to learn from such results and maximize returns
- Ensure compliance with corporate capital policy, maintaining proper control and recording of project spends
Looking Ahead
- Work with the Finance Manager and CFO in strategic planning, with particular emphasis on Master-Planning and “thinking outside the box” to identify value opportunities
- Manage the formulation, review and approval process for budgeting within the company
- Ensure a regular cycle of forecasting takes place within the operating companies with content and detail appropriate to the needs of the operation
- Provide alerts to HQMT and Country MD's via regular forecasts, outlook reports or via ad-hoc reporting concerning positive or negative trends in the business
- Work with colleagues, the Finance Manager and CFO to ensure consistency and accuracy of communication regarding future trends in the business
Cash & Working Capital
- Maintain accurate cash flow forecasts for at least one year ahead, and ensure adequate notice is given by Country Finance Managers, of any future cash requirements
- Ensure full reconciliation of all bank accounts on a weekly basis, maintaining the highest standards of control over all cash and bank balances at all times
- Establish robust credit control and credit management policies with the Finance Manager and the Country Finance Managers within the guidelines set out by company policy
Cost Management
- Benchmark costs against other data centers, identifying cost reduction opportunities and managing financial risks of the business
Requirements
- Master's degree in accounting/finance or equivalent
- Certified CPA
- At least 7 years of experience in accounting, with 2+ years in a similar position with an international company
- Proven experience in finance management
- Strong communication and presentation skills
- Excellent interpersonal skills
- Sound knowledge of accounting and control fundamentals
- Auditing experience
- Compliance oriented
- Proficiency in Microsoft Office, (Word, Advanced Excel, Power point) and accounting software (experience with ZohoBooks is a plus)
- Excellent analytical and numerical skills
- Sharp time management skills
- Strong ethics, with an ability to manage confidential data
How to Apply
If you are up to the challenge, possess the necessary qualification and experience; please send your CV only quoting the job title on the email subject (Financial Controller-IT) to jobs@corporatestaffing.co.ke by 22nd January 2024.