Our client, a regional micro-finance company seeks a qualified and experienced person to urgently fill the above position.
Main Purpose of role:
Responsible for overseeing and implementation of financial controls, forecasting, cash flow management in country.
Key Responsibilities:
Financial Management
Oversees the implementation of appropriate financial and management accounting strategies for the in-country operations, through the implementation of appropriate financial and accounting systems, processes, policies and controls;
Providing financial statements and reports as and when required by all relevant laws and regulations;
Building and maintaining the financial planning capability for the business, including but not limited to budgeting, forecast projections etc;
Profitability analysis; including provision of financial information for decision making,
Overseeing the implementation of appropriate financial and management accounting systems and plans for the country, by introducing appropriate financial and accounting systems, processes, policies and controls;
Ensuring that monthly financial information is communicated effectively to stakeholders;
Regular monitoring of cash flows and ensuring that monthly reporting to the regional head office is undertaken;
Request funding from the head office based on cash flow estimates;
Ensures timely reconciliation of financial accounts including bank and clearing accounts;
Reconcile transactions between an independent debtors system and the accounting system;
Prepare cashbooks and petty cash information accurately and ensure they are submitted in a timely basis to the regional head office;
Oversees the processing of transactions on in-house accounting system;
Coordinate and complete annual country budgets and monthly forecasts for the various branches within the country as well as country operations.
Tax, Legal & Compliance
Ensuring all in-country tax related responsibilities are adequately planned and executed;
Calculate, complete and submit all necessary forms relating to provisional tax, income tax and withholding tax;
Calculate and submit all necessary forms relating to VAT;
Ensure that company complies with all necessary taxes and all tax computations are in line with the in-country tax legislation;
Assist with making strategic tax decisions relating to the country’s operations;
Ensure the development and deployment of compliance management strategies and frameworks in-country and in accordance with the Group Compliance Framework;
Ensure adherence to compliance management frameworks in the business;
Overseeing the implementation and administration of company secretarial duties required within the region;
Interact with the relevant tax authorities of the country;
Interact with internal and external auditors and ensure audits are undertaken and completed in a timely manner;
People Management and Leadership
To motivate and improve the general levels of performance of the direct reports in the team;
Responsible for the provision of leadership of the finance team, in line with the organizational culture and values;
Monitor performance of the team and put in place performance management initiatives to maintain top performance levels;
Recommend and initiate training initiatives for purposes of development of the individuals within the in-country finance team;
Embodiment of the organizational values and culture in the leadership style and instill the same in the team members.
Financial Controller - Performance Contract
Key Result Areas:
Effective Financial Management
Tax, legal and compliance
People Management and leadership
Person Specification: Essential Desirable
Education/Qualifications:
Bachelor’s Degree in Commerce / Accounts or equivalent qualification
Professional Accounting Qualification such as ACCA / CPA (K)
MBA will be an added advantage
Experience
Positive track record of at least 4 years financial management experience in a financial services or a banking environment
Experience in negotiating high-valued deals and concluding complicated business transactions
Experience in financial modeling
Skills
Knowledge of corporate governance and risk management
Self starter
Analytical and assertive
Exceptional Managerial Skills Set
Financial Controller - Performance Contract
Analytical and Decision Making Skills
Adaptability to an ever changing environment
Ability to drive change (Change Agent)
High level of Computer literacy
Strategic Thinker
Project Management Skills
Planning and organizing / Workflow management skills
NB. Qulified candidates should send in their resume urgently to jobs@frankmconsult.com
Main Purpose of role:
Responsible for overseeing and implementation of financial controls, forecasting, cash flow management in country.
Key Responsibilities:
Financial Management
Oversees the implementation of appropriate financial and management accounting strategies for the in-country operations, through the implementation of appropriate financial and accounting systems, processes, policies and controls;
Providing financial statements and reports as and when required by all relevant laws and regulations;
Building and maintaining the financial planning capability for the business, including but not limited to budgeting, forecast projections etc;
Profitability analysis; including provision of financial information for decision making,
Overseeing the implementation of appropriate financial and management accounting systems and plans for the country, by introducing appropriate financial and accounting systems, processes, policies and controls;
Ensuring that monthly financial information is communicated effectively to stakeholders;
Regular monitoring of cash flows and ensuring that monthly reporting to the regional head office is undertaken;
Request funding from the head office based on cash flow estimates;
Ensures timely reconciliation of financial accounts including bank and clearing accounts;
Reconcile transactions between an independent debtors system and the accounting system;
Prepare cashbooks and petty cash information accurately and ensure they are submitted in a timely basis to the regional head office;
Oversees the processing of transactions on in-house accounting system;
Coordinate and complete annual country budgets and monthly forecasts for the various branches within the country as well as country operations.
Tax, Legal & Compliance
Ensuring all in-country tax related responsibilities are adequately planned and executed;
Calculate, complete and submit all necessary forms relating to provisional tax, income tax and withholding tax;
Calculate and submit all necessary forms relating to VAT;
Ensure that company complies with all necessary taxes and all tax computations are in line with the in-country tax legislation;
Assist with making strategic tax decisions relating to the country’s operations;
Ensure the development and deployment of compliance management strategies and frameworks in-country and in accordance with the Group Compliance Framework;
Ensure adherence to compliance management frameworks in the business;
Overseeing the implementation and administration of company secretarial duties required within the region;
Interact with the relevant tax authorities of the country;
Interact with internal and external auditors and ensure audits are undertaken and completed in a timely manner;
People Management and Leadership
To motivate and improve the general levels of performance of the direct reports in the team;
Responsible for the provision of leadership of the finance team, in line with the organizational culture and values;
Monitor performance of the team and put in place performance management initiatives to maintain top performance levels;
Recommend and initiate training initiatives for purposes of development of the individuals within the in-country finance team;
Embodiment of the organizational values and culture in the leadership style and instill the same in the team members.
Financial Controller - Performance Contract
Key Result Areas:
Effective Financial Management
Tax, legal and compliance
People Management and leadership
Person Specification: Essential Desirable
Education/Qualifications:
Bachelor’s Degree in Commerce / Accounts or equivalent qualification
Professional Accounting Qualification such as ACCA / CPA (K)
MBA will be an added advantage
Experience
Positive track record of at least 4 years financial management experience in a financial services or a banking environment
Experience in negotiating high-valued deals and concluding complicated business transactions
Experience in financial modeling
Skills
Knowledge of corporate governance and risk management
Self starter
Analytical and assertive
Exceptional Managerial Skills Set
Financial Controller - Performance Contract
Analytical and Decision Making Skills
Adaptability to an ever changing environment
Ability to drive change (Change Agent)
High level of Computer literacy
Strategic Thinker
Project Management Skills
Planning and organizing / Workflow management skills
NB. Qulified candidates should send in their resume urgently to jobs@frankmconsult.com