Job Summary
The role holder will be responsible for management of financial reporting, financial operations, and compliance for Jafari Credit Limited.
Principle Accountabilities:
Management of the loan book
Oversee posting of loan transactions in the accounting software.
Ensure the processing of loan disbursement requests for new loans;
Manage the loan receivables process by ensuring adherence to the company’s credit policy-daily/weekly tracking and reporting of receivables and computation of IFRS 9 provisions; and
Aid in the development of debt collection policies, manage debt collectors and other stakeholders in line with debt collection practices.
Budgeting and Forecasting
Prepare annual budgets for Jafari Credit Limited; and
Prepare forecasts for the company with accompanying analysis and commentary of the forecasts against budgets, strategy, and prior year.
Management accounting and reporting
Completion of monthly finance close procedures and reporting of financial results;
Preparation of monthly performance reports for the Company with accompanying analysis and commentary of the performance against budgets, strategy, and prior year;
Preparation of monthly balance sheet reconciliations and the necessary journal entry adjustments;
Analyzing complex financial data and actively recommending corrective actions as necessary; and
Assist in the ad-hoc financial analysis and preparation of technical papers as and when requested.
Statutory reporting
Preparation of statutory financial statements in accordance with IFRS and applicable local regulations;
Preparation of company financial analysis and commentary for the Board; and
Support the external auditors during the statutory audit and ensure timely completion of the statutory audit process.
Treasury Management
Regular assessment of the company’s liquidity needs and ensure accounts are funded to meet obligations;
Accurate and timely preparation of short- and medium-term cash flow forecasts including analysis of bank balances and preparation of the weekly and ad hoc cash position reports; and
Liaising with bankers on the operation of the Company’s bank accounts.
Finance Operations
Developing and implementing sound accounting policies & processes;
Ensure procurement is done per the procurement policy;
Regular review and validation of the General Ledger, oversee receivables processing, payables processing, payroll processing, bank reconciliations and other finance operational procedures.
Lead customization and integration efforts to make accounting and supporting systems fit for purpose in relation to the business needs.
Monthly tax filing, including preparation of tax schedules for filing of taxes, ensuring timely tax payments and proper tax accounting.
Risk Management & Internal Audit
Work closely with the Risk department and Business unit leaders in identifying key risks facing the business and update the risk register on an ongoing basis; and
Internal Audit support including provision of information during audits and implementation of recommendations therefrom.
Minimum Requirements
Bachelor’s degree in Business Administration, Commerce, Accounting, or a business-related field.
CPA(K) or equivalent qualification is mandatory.
A member of ICPAK, ACCA or similar association.
Minimum of 5 years’ experience in financial services.
In-depth understanding of International Financial Reporting Standards (IFRS) and tax regulations.
Aptitude for numbers and quantitative skills.
Advanced MS Excel skills with superior analytical skills.
Hands-on experience with accounting software like SAP will be an added advantage.
Apply via :
lde.tbe.taleo.net
