Website: Website http://www.racg.co.ke/

Relationship Manager

The Relationship Manager (RM) will be the Liaison desk officer based in Nairobi. The incumbent will be located within the Corporate Banking team in the head office of Kenya in Nairobi.
The RM will support a team of Relationship Managers (RM) globally from International Premium Banking, Non Resident Banking and Network Banking departments, to deliver a best in class client experience to all clients they service, by ensuring that all client on boarding, account opening, client transactions and requests and the support activities related to these transactions are executed on time with zero error and within regulatory guidelines.
The RM is the primary support and service contact point in Kenya and other East African countries for the clients, the UK Relationship Managers as well as the Business unit they report into.
Reporting Line:
The RM will have a dual reporting line, with a direct reporting line to the Head of International Premium Banking to the headquarters, and a dotted line to the Head of Corporate Banking within Kenya.
Relationship Manager Job Responsibilities

The primary function is to assist the Head of International premium banking team in the UK to meet their budgets for residential UK mortgages and 2 year deposits.
Facilitate the on boarding of new accounts to the International Premium Banking (IPB) platform in the UK for their High Net worth clients as well as to manage general administrative tasks for the maintenance of these accounts.
Maintain regular contact with existing as well as prospective clients to follow up and close on all marketing leads. Work very closely with the Head of International Premium Banking for East Africa business.
Client On boarding and account opening/ due diligence checks- Check for accuracy and completeness of all account opening forms for UK accounts signed by the clients before client acceptance. Be the bridge between the clients in Kenya and UK. Maintain close contact with the clients, assist with completion of account opening forms, visit the clients to collect documents and account opening forms and scan these to the UK office.
To handle the servicing of all clients’ needs and queries and to perform verification of client instructions.
Actively support the Head of International Premium Banking UK to follow up and close on all marketing leads, and meet budgets for deposits and residential mortgages for the UK business. Assist the Heads of Non Resident banking and Head of Network Banking with their requests for client follow up.
Actively follow up with clients and prospective clients for new business for UK – 2 year GBP deposits and residential mortgages in the UK. These are the 2 major products for UK. Close on all leads generated and ensure accounts are opened, funded and mortgages are completed.
To assist the RMs in the UK to follow up on annual review of Risk Assessment in ensuring the RMs are in compliance with current guidelines and regulations.
To support any investigations of complaint received from client by coordinating with Compliance, Business Effectiveness Department to resolve issue

To update and provide periodic statistics (MIS) reporting to UK Office to attend appropriate training and courses for new products, procedures and knowledge update.
Requirements for the Relationship Manager Job

Degree holder with at least 4-5 years in similar position or client servicing experience, with prior experience of handling HNI clients.
Strong communication and interpersonal skills with great attention to detail
Self-motivated individual and good team player
Excellent sales skills, outgoing, client facing temperament
Fluency in Gujarati and Hindi is ideal
The job holder should be able to travel on business and cover the East African region for marketing and follow up.

Key Accountabilities

Provide support for the IPB team in the UK office in areas such as client management, client on boarding, client risk management and project work, ad hoc administration and other duties as directed by management.
Account opening and basically all matters resulting from the client interaction. You would also be working with the Senior Bankers on new business to meet the budget targets for UK office.
Review and manage change requests for existing accounts
General administration tasks such as filing, scanning, and collecting documents from clients within Nairobi.

October 25, 2024
Finance Manager

Overall Purpose Of The Job
The Finance Manager is responsible for managing and providing leadership to the finance department, ensuring that all financial systems and reporting, internal controls, budgeting, analysis and customer service (underwriting) are conducted and delivered in an accurate and timely manner.
Job Responsibilities

Participate in the development of the corporate strategy and implement operational policies and corporate plans.
Develop annual budget and plans including forecasts and/or projections
Evaluate, utilize, and improve accounting system to enhance functionality of financial management and reporting
Review and implement accounting policies and procedures to ensure stronger internal controls;
Provide accurate and timely financial and management reports where appropriate;
Monitor and control the flow of cash receipts and disbursements to meet the business and investment needs of the company.
Oversee investments and income
Prepare audit schedule and liaise with external auditors for periodic audit and inspections;
Manage the acquisition of capital assets and ensure that assets are properly tagged, amortized, and disposed of as appropriate
Establish rapport and communication with banks fund managers and other key stakeholders;
Timely preparation and submission of returns to regulatory and statutory authorities
Prepare and submit returns to Insurance Regulatory Authority (IRA) and Association of Kenya Insurers (AKI);
Document and maintain complete and accurate supporting information for all financial transactions;
Implement and continuously update departmental workflows for Finance and Underwriting in order to strengthen internal controls
Provide guidance and direction to staff in accordance with the company policies, procedures, processes and systems in place.
Review and submit financial records, receipts, payables and cash flows in a timely manner;
Any other responsibilities that will be communicated from time to time

Qualifications

University degree Finance, Economics or Accounting or equivalent from an institution recognized by Commission for Higher Education
Master’s degree preferably MBA will be an added advantage
CPA (K) or equivalent;
Member of ICPA(K)
MUST have at least seven (7) years’ experience in a busy commercial environment, three (3) of which must be at senior management level.
Finance & Strategic Planning experience preferably in an insurance company
Excellent knowledge and understanding of contemporary financial principles and practices and reporting
Experience in Financial Management Systems
Business/Department strategy formulation and execution
Supervisory and leadership skills managing team/department performance and staff

Skills and Attributes

High attention to detail and excellent analytical skills
High integrity and ethical level; Able to maintain utmost confidentiality of information in their possession
Excellent communication, interpersonal, negotiation and presentation skills
Self-motivated, confident and outgoing personality
Have great attention to detail and able to get things done to completion

Remuneration
Our client offers all the advantages one would expect from an industry leader including a competitive salary and a comprehensive benefits package.
Our client is an equal opportunities employer.

October 25, 2024
Senior Accountant

To effectively execute and supervise the financial activities of the team so as to attain a reliable, consistent and high standard service delivery for the business.
Ensure continued balance of efficiency and effectiveness in the execution and supervision of financial and accounting transactions and activities in order to deliver value for the business.
Key Performance Areas

To participate in and support the Head of Finance in developing financial plans for the business and department.

Track, analyse and report on business and departmental performance against key metrics
Liaise with the Head of Finance and relevant business and function heads in setting, budgets as per the stipulated formats and within the laid down timelines.
Prepare forecasts and cash flow analysis and submit to the Head of Finance for review and finalisations on a monthly and quarterly basis.
Prepare management reports on a timely basis to inform business reporting and decision making.
Prepare and submit monthly variance analysis (budget vs actual)
Identify, track, report on the financial risks likely to be faced by the company and make recommendations on effective mitigants to the Head of Finance and relevant business heads.

Understand and continuously comply with business internal control objectives and group policies.

Adhere to and enforce all group and business financial, accounting and internal controls.
Participate in the development, implementation and enforcement of policies and procedures that ensure all financial information and records are secure and stored in compliance with business requirements.

Maintain timely and accurate financial statements and reports.

Prepare reports in accordance with generally accepted accounting principles.
Prepare and submit reports in line with regulatory and statutory requirements and meet group and business needs.
Prepare accurate and timely monthly in-country reports (25th – 12th) for submission to company
Prepare accurate and timely consolidated reports for submission to the Group.
Prepare quarterly, half-year and end-year reports for the ARC (Audit & Risk Committee)/ Board.

Develop, maintain and oversee financial accounting systems.

Manage all intercompany transactions.
Oversee and ensure the accuracy of all accounting activities and transactions including cash management, reconciliations, variance analysis, general ledger etc.

Effectively manage the capital adequacy requirements of the business.

Proactively monitor on an on-going basis to ensure that the business complies with regulatory, statutory, group and business requirements.
Prepare and submit adequacy reports in line with regulatory requirements.

Debtor management.

Prepare and submit ageing analysis by the 5th of every month
Carry out monthly reconciliations with the operations team.
Carry out collections within 30 days and not longer than 90 days in liaison with the Portfolio Managers and Business Development teams.
Doubtful debt provisions computed and submitted 10 days before quarter end for review and sign off.
Clear payments in SAP by matching payments to invoices.

Check and review payment and audit activities to ensure correctness, completeness and timely completion including:

Payroll payments.
Invoices/ AUMs
KRA payments.
Monthly audit / month end closure files.
Provide support to the business for new products as and when required.
Develop and continuously maintain effective business relationships with key stakeholders, South Africa teams, Operations department, Regulators (KRA CMA, URA, TRA etc.) Other functions and business units Suppliers and third party vendors
Auditors and tax consultants (internal and external)

Supervise the activities of the Accountant and Accounts Assistant.

Deputise the Head of Finance in his absence.
Supervise the activities of the team on a daily basis or as may be necessary.
Serve as they key point of contact or liaison for all financial issues and escalate any complex or sensitive issues to the Head of Finance for guidance and or resolution.
Allocate and monitor assigned tasks.
Provide on-the-job training, coaching and knowledge sharing on a regular basis.
Communicate and enforce values, policies, and procedures.
And any other finance and business-related duties that may be assigned from time to time.

Education, Experience And Skills

A degree in finance from a recognised and reputable institution of higher learning.
A fully qualified accountant (ACCA, CPA-K, CA) with a current membership a recognized professional accounting body.
Minimum 5 – 7 years’ relevant experience in financial services with at least three (3) years supervisory experience.
Knowledge of SAP and other financial/ accounting packages.
Ethical behaviour and business practices: ensure own behaviour and the behaviour of others is consistent with ethical standards and acceptable business practices; aligned to the values of the organization.
Business focus: commercially astute, attuned to regulatory and statutory obligations, understands the local and regional business environments.
Leader, accountable: positively influence others to achieve results that are in the best interest of the organization. Effective delegator with the ability to develop, monitor and coach teams.
Builds relationships: establish and maintain positive internal and external working relationships; build trust; anticipate, understand, and respond to the needs of internal and external clients to meet or exceed their expectations within the defined parameters.
Organized/ planner: set priorities and goals, and monitor progress; determine strategies to move the business forward; implement actions plans and evaluate the process and results.
Problem solver/ takes decisions: assess/ analyse problem situations to identify causes, gather and process relevant information, generate possible solutions, and make recommendations and/or resolve the problem; makes clear decisions that are timely and in the best interests of the organisation
Effective communicator: communicate in a clear and timely manner using appropriate and effective communication tools and techniques. Able to communicate complex financial data and information to managers with non-financial expertise.
Foster teamwork: work cooperatively and effectively with others to set goals, resolve problem, and make decisions that enhance organizational effectiveness.

October 25, 2024
Procurement Executive Estimates & Tendering Executive

Our Client, an ICT, Structured Cabling and Telecommunication Company based in Nairobi is hiring a Procurement Executive
Roles

Lead contact person for the procurement department.
Study procurement chart from the project team and source materials from the market.
Identify materials to be purchased from local and international market and carry out comparisons and purchase materials economically combining procurement for various projects but managing within the project timelines.
Negotiate best prices, credit terms and logistics with the supplier.
Budgeting & Costing of Materials – Estimated costs to be signed off & compared with Actual costs.
Co-ordinate with stores department to have updated stock level before placing order.

Job Requirements

Candidates aged between 25 to 40 Years.
Holder of Bachelors or Masters in B. Tech / ICT.
Full knowledge of ICT Products and their dealers/suppliers globally, importation documentation and negotiation of prices with suppliers.
Thorough knowledge to read & extract quantities from Drawings/Layout and Bills of Quantities, should be able to discuss the ICT Products and Design with the Consultants of the project.
Fluent in oral and written English and able to write correspondence in English Independently.
Work experience outside his resident country for a long period especially Arab Continent/Africa and willing to work in Africa on long term period.
PC skills, including a working knowledge of MS Word, Excel, PowerPoint, Projects, AutoCAD and project related soft wares.
Take full responsibility of work irrespective of timings to meet required deadline.

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October 25, 2024
Sales Representative

The Sales Representative will work closely with colleagues in Sales and Marketing team to ensure that the commercial objectives of the Fertilizer project are met.
Job Description
He/She will be responsible for ensuring that demand is met and pass on information to management through the agreed reporting structure.
The position will be reporting to the Assistant Sales Manager
Job Responsibilities

Services existing accounts, obtains orders, and establishes new accounts by planning and organizing daily work schedule to call on existing or potential sales outlets and other trade factors.
Adjusts content of sales presentations by studying the type of sales outlet or trade factor.
Focuses sales efforts by studying existing and potential volume of distributors.
Submits orders by referring to price lists and product literature.
Keeps management informed by submitting activity and results reports, such as daily call reports, weekly work plans, and monthly and annual territory analyses.
Monitors competition by gathering current marketplace information on pricing, products, new products, delivery schedules, merchandising techniques, etc.
Recommends changes in products, service, and policy by evaluating results and competitive developments.
Resolves customer complaints by investigating problems; developing solutions; preparing reports; making recommendations to management.
Maintains professional and technical knowledge by attending educational workshops; reviewing professional publications; establishing personal networks; participating in professional societies.
Provides historical records by maintaining records on area and customer sales.
Contributes to team effort by accomplishing related results as needed.

Requirements

Diploma – Sales and Marketing or its equivalent
Knowledge of Fertilizer is an added advantage
3 years experience proven track record in Sales

Skills and Competences

Customer Service
Meeting Sales Goals
Closing Skills
Territory Management
Prospecting Skills
Negotiation
Self-Confidence
Product Knowledge
Presentation Skills
Client Relationships
Motivation for Sales.

October 25, 2024
Chief Accountant

Duties

Manages the day-to-day financial operations within the company, such as client invoicing, supplier payments, and other transactions
Manage planning and forecasting processes including budgeting and forecasting processes as well as developing financial targets
Develop and analyses monthly/annual financial and management reports, review cash balances, operating performance and seek ways to reduce cost
Provide insightful information and expectations to senior executives to aid in long-term and short-term decision making
Stay up to date with technological advances and accounting software to be used for financial purposes
Supervise and develop finance department’s staff
Establish and maintain financial policies and procedures for the company
Understand and adhere to financial regulations of the country as well as the client requirements

Job Requirements

Must have 3 – 5 years of experience in accounting and finance.
Excellent communication skills in English (Verbal and Written)
Proficient user of finance software
BS/MA degree in Finance, Accounting or Economics
Professional qualification such as CPA, ACCA, CA is a must
Ability to work in a fast-paced environment that requires handling multiple tasks at a given time and rapidly adapting to changing priorities and schedules.
Cross-cultural sensitivity with an international perspective.
Excellent organizational and time management skills.
Ability to become an active and functioning member of a team.
Must have the ability to be innovative and be an agent for change.

Remuneration: KES 80,000 to KES 100,000

October 25, 2024
Chief Internal Audit & Risk Officer Finance Manager Head of Marketing

Our client, a Publishing Company, is a public limited liability company quoted in the NSE.
In order to grow and achieve its vision, the company wishes to hire a Chief Internal Audit & Risk Officer to be based in the Nairobi Office.
Reporting to the Board Audit & Risk Committee and Group Managing Director
Summary
The job holder will be responsible for executing the audit plan and reporting on audit issues to the Board Audit Risk Committee and Group Managing Director. The job holder will coordinate risk management activities including ensuring that there is adherence to policies, procedures and standards of the company’s financial and physical resources for improved performance and corporate governance.
Job Responsibilities
Risk Management

Preparing and executing a risk based audit plan for the organisation based on the significant risks identified in the company’s risk management framework.
Ascertaining the effectiveness’ of the company’s internal control framework in managing organizational risks by carrying out risk based process audits.
Supporting and coordinating the Risk Management framework by facilitating risk management activities such as risk identification assessment and educating staff on risk management and internal controls.

Audit

Preparing periodic reports on the implementation of internal controls and external audit recommendations and assist management in achieving the implementation/ completion benchmark set by the Board Audit and Risk committee.
Carrying out investigations as may be required by the Board or management.
Planning and organising internal audits and assisting Finance in the co-ordination of the external audit.

ISO QMS System

Facilitating the documentation of the company’s processes and the testing of internal controls in line with ISO 9001; 2015 Quality Management System (QMS).
Co-ordinating with the certifying body on all issues regarding ISO: 9001:2015 certification.
Facilitate the conduct of the ISO Surveillance audits.
Facilitate the preparation of reports to management on the effectiveness of the company’s QMS System.
Lead the ISO Steering committee in maintaining the company’s certification.

People Management

Achieving set business targets through the employees reporting to the incumbent by leading, motivating, training, inspiring and encouraging them.
Providing on-going support and direction to the employees who report to the position holder
Ensuring that the performance management cycle is properly implemented and that developmental needs are adequately captured and followed through.
Managing employee relations matters that come up in the department and ensuring that procedure is followed until the matters are resolved.

Budget and Cost Management

Forecast and come up with an annual budget for the department.
Ensure that all costs incurred are within the budget.
Come up with and implement cost control measures within the department.

Qualifications for the Chief Internal Audit & Risk Officer Job

Master’s degree in Commerce, Business Administration, Finance, Accounting, Auditing or any other relevant field of study
Member of ICPAK with
Professional certification in CPA (K) or ACCA or CISA.
ISO QMS Lead Auditor training.
Work experience of at least seven (7) years in auditing related field three (3) of which at a middle or senior management level.
Experience on the management of ISO Quality Management Systems (QMS).
Good understanding of the principles and application of good corporate governance, business and operational risk and control processes and procedures.
Computer literacy (MS Suite).
Knowledge on the usage of Computer Aided Auditing Techniques (CAATs).
Knowledge of business and ISO processes and controls.
Good Analytical and problem solving skills
Excellent presentation and communication skills
Good Interpersonal skills ( conflict handling, negotiating, relationship management)

Work Context

10% travel to subsidiaries.
Audit to subsidiaries.

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October 25, 2024
Relationship Manager

The Relationship Manager (RM) will be the Liaison desk officer based in Nairobi. The incumbent will be located within the Corporate Banking team in the head office of Kenya in Nairobi.
The RM will support a team of Relationship Managers (RM) globally from International Premium Banking, Non Resident Banking and Network Banking departments, to deliver a best in class client experience to all clients they service, by ensuring that all client on boarding, account opening, client transactions and requests and the support activities related to these transactions are executed on time with zero error and within regulatory guidelines.
The RM is the primary support and service contact point in Kenya and other East African countries for the clients, the UK Relationship Managers as well as the Business unit they report into.
Reporting Line:
The RM will have a dual reporting line, with a direct reporting line to the Head of International Premium Banking to the headquarters, and a dotted line to the Head of Corporate Banking within Kenya.
Relationship Manager Job Responsibilities

The primary function is to assist the Head of International premium banking team in the UK to meet their budgets for residential UK mortgages and 2 year deposits.
Facilitate the on boarding of new accounts to the International Premium Banking (IPB) platform in the UK for their High Net worth clients as well as to manage general administrative tasks for the maintenance of these accounts.
Maintain regular contact with existing as well as prospective clients to follow up and close on all marketing leads. Work very closely with the Head of International Premium Banking for East Africa business.
Client On boarding and account opening/ due diligence checks- Check for accuracy and completeness of all account opening forms for UK accounts signed by the clients before client acceptance. Be the bridge between the clients in Kenya and UK. Maintain close contact with the clients, assist with completion of account opening forms, visit the clients to collect documents and account opening forms and scan these to the UK office.
To handle the servicing of all clients’ needs and queries and to perform verification of client instructions.
Actively support the Head of International Premium Banking UK to follow up and close on all marketing leads, and meet budgets for deposits and residential mortgages for the UK business. Assist the Heads of Non Resident banking and Head of Network Banking with their requests for client follow up.
Actively follow up with clients and prospective clients for new business for UK – 2 year GBP deposits and residential mortgages in the UK. These are the 2 major products for UK. Close on all leads generated and ensure accounts are opened, funded and mortgages are completed.
To assist the RMs in the UK to follow up on annual review of Risk Assessment in ensuring the RMs are in compliance with current guidelines and regulations.
To support any investigations of complaint received from client by coordinating with Compliance, Business Effectiveness Department to resolve issue

To update and provide periodic statistics (MIS) reporting to UK Office to attend appropriate training and courses for new products, procedures and knowledge update.
Requirements for the Relationship Manager Job

Degree holder with at least 4-5 years in similar position or client servicing experience, with prior experience of handling HNI clients.
Strong communication and interpersonal skills with great attention to detail
Self-motivated individual and good team player
Excellent sales skills, outgoing, client facing temperament
Fluency in Gujarati and Hindi is ideal
The job holder should be able to travel on business and cover the East African region for marketing and follow up.

Key Accountabilities

Provide support for the IPB team in the UK office in areas such as client management, client on boarding, client risk management and project work, ad hoc administration and other duties as directed by management.
Account opening and basically all matters resulting from the client interaction. You would also be working with the Senior Bankers on new business to meet the budget targets for UK office.
Review and manage change requests for existing accounts
General administration tasks such as filing, scanning, and collecting documents from clients within Nairobi.

October 25, 2024
Finance Manager

Overall Purpose Of The Job
The Finance Manager is responsible for managing and providing leadership to the finance department, ensuring that all financial systems and reporting, internal controls, budgeting, analysis and customer service (underwriting) are conducted and delivered in an accurate and timely manner.
Job Responsibilities

Participate in the development of the corporate strategy and implement operational policies and corporate plans.
Develop annual budget and plans including forecasts and/or projections
Evaluate, utilize, and improve accounting system to enhance functionality of financial management and reporting
Review and implement accounting policies and procedures to ensure stronger internal controls;
Provide accurate and timely financial and management reports where appropriate;
Monitor and control the flow of cash receipts and disbursements to meet the business and investment needs of the company.
Oversee investments and income
Prepare audit schedule and liaise with external auditors for periodic audit and inspections;
Manage the acquisition of capital assets and ensure that assets are properly tagged, amortized, and disposed of as appropriate
Establish rapport and communication with banks fund managers and other key stakeholders;
Timely preparation and submission of returns to regulatory and statutory authorities
Prepare and submit returns to Insurance Regulatory Authority (IRA) and Association of Kenya Insurers (AKI);
Document and maintain complete and accurate supporting information for all financial transactions;
Implement and continuously update departmental workflows for Finance and Underwriting in order to strengthen internal controls
Provide guidance and direction to staff in accordance with the company policies, procedures, processes and systems in place.
Review and submit financial records, receipts, payables and cash flows in a timely manner;
Any other responsibilities that will be communicated from time to time

Qualifications

University degree Finance, Economics or Accounting or equivalent from an institution recognized by Commission for Higher Education
Master’s degree preferably MBA will be an added advantage
CPA (K) or equivalent;
Member of ICPA(K)
MUST have at least seven (7) years’ experience in a busy commercial environment, three (3) of which must be at senior management level.
Finance & Strategic Planning experience preferably in an insurance company
Excellent knowledge and understanding of contemporary financial principles and practices and reporting
Experience in Financial Management Systems
Business/Department strategy formulation and execution
Supervisory and leadership skills managing team/department performance and staff

Skills and Attributes

High attention to detail and excellent analytical skills
High integrity and ethical level; Able to maintain utmost confidentiality of information in their possession
Excellent communication, interpersonal, negotiation and presentation skills
Self-motivated, confident and outgoing personality
Have great attention to detail and able to get things done to completion

Remuneration
Our client offers all the advantages one would expect from an industry leader including a competitive salary and a comprehensive benefits package.
Our client is an equal opportunities employer.

October 25, 2024
Senior Accountant

To effectively execute and supervise the financial activities of the team so as to attain a reliable, consistent and high standard service delivery for the business.
Ensure continued balance of efficiency and effectiveness in the execution and supervision of financial and accounting transactions and activities in order to deliver value for the business.
Key Performance Areas

To participate in and support the Head of Finance in developing financial plans for the business and department.

Track, analyse and report on business and departmental performance against key metrics
Liaise with the Head of Finance and relevant business and function heads in setting, budgets as per the stipulated formats and within the laid down timelines.
Prepare forecasts and cash flow analysis and submit to the Head of Finance for review and finalisations on a monthly and quarterly basis.
Prepare management reports on a timely basis to inform business reporting and decision making.
Prepare and submit monthly variance analysis (budget vs actual)
Identify, track, report on the financial risks likely to be faced by the company and make recommendations on effective mitigants to the Head of Finance and relevant business heads.

Understand and continuously comply with business internal control objectives and group policies.

Adhere to and enforce all group and business financial, accounting and internal controls.
Participate in the development, implementation and enforcement of policies and procedures that ensure all financial information and records are secure and stored in compliance with business requirements.

Maintain timely and accurate financial statements and reports.

Prepare reports in accordance with generally accepted accounting principles.
Prepare and submit reports in line with regulatory and statutory requirements and meet group and business needs.
Prepare accurate and timely monthly in-country reports (25th – 12th) for submission to company
Prepare accurate and timely consolidated reports for submission to the Group.
Prepare quarterly, half-year and end-year reports for the ARC (Audit & Risk Committee)/ Board.

Develop, maintain and oversee financial accounting systems.

Manage all intercompany transactions.
Oversee and ensure the accuracy of all accounting activities and transactions including cash management, reconciliations, variance analysis, general ledger etc.

Effectively manage the capital adequacy requirements of the business.

Proactively monitor on an on-going basis to ensure that the business complies with regulatory, statutory, group and business requirements.
Prepare and submit adequacy reports in line with regulatory requirements.

Debtor management.

Prepare and submit ageing analysis by the 5th of every month
Carry out monthly reconciliations with the operations team.
Carry out collections within 30 days and not longer than 90 days in liaison with the Portfolio Managers and Business Development teams.
Doubtful debt provisions computed and submitted 10 days before quarter end for review and sign off.
Clear payments in SAP by matching payments to invoices.

Check and review payment and audit activities to ensure correctness, completeness and timely completion including:

Payroll payments.
Invoices/ AUMs
KRA payments.
Monthly audit / month end closure files.
Provide support to the business for new products as and when required.
Develop and continuously maintain effective business relationships with key stakeholders, South Africa teams, Operations department, Regulators (KRA CMA, URA, TRA etc.) Other functions and business units Suppliers and third party vendors
Auditors and tax consultants (internal and external)

Supervise the activities of the Accountant and Accounts Assistant.

Deputise the Head of Finance in his absence.
Supervise the activities of the team on a daily basis or as may be necessary.
Serve as they key point of contact or liaison for all financial issues and escalate any complex or sensitive issues to the Head of Finance for guidance and or resolution.
Allocate and monitor assigned tasks.
Provide on-the-job training, coaching and knowledge sharing on a regular basis.
Communicate and enforce values, policies, and procedures.
And any other finance and business-related duties that may be assigned from time to time.

Education, Experience And Skills

A degree in finance from a recognised and reputable institution of higher learning.
A fully qualified accountant (ACCA, CPA-K, CA) with a current membership a recognized professional accounting body.
Minimum 5 – 7 years’ relevant experience in financial services with at least three (3) years supervisory experience.
Knowledge of SAP and other financial/ accounting packages.
Ethical behaviour and business practices: ensure own behaviour and the behaviour of others is consistent with ethical standards and acceptable business practices; aligned to the values of the organization.
Business focus: commercially astute, attuned to regulatory and statutory obligations, understands the local and regional business environments.
Leader, accountable: positively influence others to achieve results that are in the best interest of the organization. Effective delegator with the ability to develop, monitor and coach teams.
Builds relationships: establish and maintain positive internal and external working relationships; build trust; anticipate, understand, and respond to the needs of internal and external clients to meet or exceed their expectations within the defined parameters.
Organized/ planner: set priorities and goals, and monitor progress; determine strategies to move the business forward; implement actions plans and evaluate the process and results.
Problem solver/ takes decisions: assess/ analyse problem situations to identify causes, gather and process relevant information, generate possible solutions, and make recommendations and/or resolve the problem; makes clear decisions that are timely and in the best interests of the organisation
Effective communicator: communicate in a clear and timely manner using appropriate and effective communication tools and techniques. Able to communicate complex financial data and information to managers with non-financial expertise.
Foster teamwork: work cooperatively and effectively with others to set goals, resolve problem, and make decisions that enhance organizational effectiveness.

October 25, 2024