2 Jun 2016

New Entry Finance Manager Careers In Kenya 2016

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Finance Manager-Hospitality Job I n Kenya-100k-150k

Finance Manager-Hospitality Job Purpose

The FM will be responsible for maintaining financial and accounting discipline in order to meet business and legislative requirements and support company operations to maximize efficiency and healthy cash flow.

Finance Manager-Hospitality Job Responsibilities

Manage the financial accounting process

The FM will be required to;

  • Administer and monitor the financial system in order to ensure that company finances are collected and maintained in an accurate timely manner
  • Manage  finance team
  • Manage the accounts of the company
  • Manage accounts payable and accounts receivable
  • Support management in the development, implementation and management of a brand new Content
  • Management System (CMS)
  • Responsible for end of month closing of books
  • Monthly, quarterly and annual reports
  • Create full insight in production efficiency
  • Analyze sales and costs and propose strategies for increasing sales and lowering costs
  • Responsible for internal controls to counter fraud/theft
  • File monthly taxes
  • Develop company investments decision and/or validate management’s decisions
  • Carry out monthly payroll
  • Liaise with the Company’s external auditors and other finance/tax professional advisors.
  • Create a company dashboard to inform management and shareholders on company performance.

Manage Cash flow

  • Prepare and circulate regular cash flow plan to support business processes
  • Manage and prepare bank reconciliations
  • Hold fully reconciled reasonable petty cash float
  • Drive debt collection to make sure that all debt is paid within payment terms
  • Maintain the accounts payable and accounts receivable systems in order to ensure complete and accurate records of all moneys

Treasury functions

  • Ensure all collected cash is working effectively for the business
  • Provide adequate foreign exchange at correct rates to pay external suppliers
  • Cash liquidity plan and control
  • Management of interests and bank charges etc.
  • Maintaining healthy bank relationships

Statutory and business compliance

  • Provide full support to always achieve a timely unqualified audit report
  • Prepare audit schedules to facilitate smooth external audit process
  • Process Statutory Payments and Registration in a timely manner
  • VAT, PAYE and Income Tax
  • Understand Statutory / Registrations in market of operations to ensure compliance
  • Ensure compliance with relevant local regulations;
  • Ensure compliance with internal policies and investors’ requirements.
  • Management information
  • Generate timely monthly financial statements
  • Provide timely monthly Management Accounts with support from other Finance Officers
  • Provide analysis of performance compared to budget (for revenue and expenses)
  • Keep trend analysis of key financial performance indicators (KPI)
  • Prepare quarterly reports and report on variances
  • Support the Managing Director in the preparation of Board and Shareholder meetings papers

Qualifications Of A Finance Manager-Hospitality Job

  • Bachelor degree  or higher is essential, preferably in accounting or finance
  • Member of Institute of the ACCA
  • You will preferably have a minimum of 3 years  work experience, obtained in a finance administration management, including experience of working with internal and or external auditors. Experience with finance management in retail is an advantage
  • Experience of working with Quickbooks (pre)
  • Excellent Microsoft Excel skills (to be proven in the interview)
  • Knowledge of and experience of Kenya’s tax laws and regulations

Person competencies/abilities and skills

  • Strong verbal and written communication skills
  • Strong organizational and leadership skills
  • At ease in working in a small structure, start-up-type, where tasks and responsibilities are in constant move
  • Able to operate in a multicultural environment
  • High level of autonomy at work, yet with profound team-spirit
  • Adaptive, patient, resilient and flexible
  • Pro-active and solutions oriented
  • Fast learning and independent minded, with a strong analytical focus able to manipulate data into useful information.
  • Ability to work under time pressure


How to Apply

  • Interested candidates can send their online applications at [email protected] stating their current and expected salary.

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