Our Client, a giant Investment Co-operative Society whose members are drawn from one of the leading Multi-Billion Telecommunication Company is looking to fill the position of Finance Manager, reporting to the CEO.
Overall Purpose of the Job
Responsible for the overall financial affairs of the Society including financial reporting, cash flow management and developing strategies based on financial research and guiding CEO and the Central Management Committee in making sound financial business decisions in the long and short term
Responsibilities
Developing policies and strategies for the finance function
Ensure preparation of accurate management reports
To ensure that all projects are appraised and project budgets are adhered to as provided
Reviewing, monitoring and managing budgets
Track the company’s financial status and performance to identify areas for potential improvement
Seek out methods for minimizing financial risk to the company including solid internal control
Research and analyse financial reports and market trends
Ensure compliance with accounting policies and regulatory requirements
Advising and application of IFRS relevant to the society
Ensure all projects are appraised and project budgets are adhered to as provided
Ensuring value for money in project undertaken by the society
Present financial reports to board members, stakeholders, executives, and clients in formal meetings
Stay up to date with technological advances and accounting software to be used for financial purposes
Establish and maintain financial policies and procedures for the company
Understand and adhere to financial regulations and legislation.
Ensure proper management of cash flow
Analyze and review budgets and expenditures
In charge of cost control
Manage productive relations with suppliers, regulators, bankers and auditors
Qualifications
Bachelor’s degree in commerce (Accounting/Finance option), Business Management (Accounting/Finance option), Economics or equivalent qualification from a recognized institution.
Qualified Accountant (CPA (K), ACCA or Equivalent
Be a member of a professional body in good standing
Knowledge and Skills
At least 5 years of Financial and Management Accounting experience
Demonstrated professional competence and administrative capability
Strong Financial and Accounting knowledge
Financial analysis and reporting experience
Good knowledge of accounting software
Strong analytical skills and attention to detail
