Roles & Responsibilities
Monitor and analyse the CAPEX spends and hold monthly CAPEX progress meetings with the Engineering team and the Senior Management team.
Monitor and analyse OPEX to ensure that the organisation operates within agreed budgets
Prepare Board Papers for Board Meetings and provide detailed commentary.
Identify and analyze data integrity issues within the ERP system and propose remedial changes to safeguard against financial risk.
Review project performances against the agreed Discounted Cash Flow in order to produce relevant commentaries for the Business.
Prepare monthly financial management reports to inform decision making at Business and Group level.
Develop the annual budget for Treasury, Stock and Credit functions and periodically review the budget to account for variances.
Manage the company’s working capital for informed decision-making.
Supervise the treasury, stock and credit functions of the business
Establish, monitor and evaluate the performance of direct reports against sets targets and facilitate personal development plans.
Interpret and report on the Business Performance metrics and prepare business reviews for management use.
Oversee external vendor relations, including contracts, billing and internal process support.
Ensure compliance for all tax reporting and preparation of tax notes for the semi-annual and annual reports.
Develop and implement internal controls, policies, procedures for the Stock, Credit and Treasury function and other business financial activities of the organization.
Key Metrics
Ability to produce accurate and insightful profitability analysis that advise key drivers of our Business
Ability to interpret inventory levels accurately and advise the business on appropriate action.
Ensure for timely cash reconciliation and reporting for both local and the Group entity.
Negotiate with financial institutions to ensure the organisation receives low cost credits.
Implement Group Credit policy (within 90 days) and manage supplier accordingly.
Requirements
A bachelor degree in Accounting, Commerce or any other related field from a reputable institution.
At least l0 years working experience in a complex and dynamic organisation. (Big 4 audit firms, banks or sizable organisations would be an added advantage).
A certified public accountant of Kenya (CPA-K), ACCA or an equivalent qualification. A registered member with the Institute Certified Public Accountant of Kenya (ICPAK) in good standing.
Experience in consolidated Group Accounting and working knowledge of IFRS and GAAP policies and standards
An understanding of the downstream Oil and Gas Industry
Experience in managing and negotiating with a variety of internal and external stakeholder included but not limited to banks, specialist suppliers and government agencies.
Experience in conducting complex financial analysis, modelling and in developing reports for senior management.
Ability to effective communicate cross functionally.
Thorough knowledge of ERP is an Added advantage.
Your application to reach us by Sunday 26th of August 2018.
