Finance & Administration Manager Kenya Jobs

Finance & Administration Manager Job at Virtual HR
Our client is a leading ICT Solutions provider in East Africa region and has retained a top position in Top 100 mid-size companies listing in Kenya for the last five years consecutively. They are seeking to recruit a highly talented professional to fill in the following position in their Nairobi office:
Reporting to the Managing Director, this position will responsible for designing & implementing the key financial policies, procedures and systems required to help the company manage its financial operations.

Finance & Administration Manager Job Responsibilities

Financial Management:

• Ensure sound financial management for the company in compliance with IFRS and Kenyan statutory requirements
• Manage monthly financial reporting, bank reconciliation, cash flow analysis and management, accounts/banking management, processing expense vouchers
• Ensure adherence to the financial policies, procedures and practices; ensure compliance with governmental contracts, supplier and other agreements;
• Work closely with the External auditors to facilitate annual audits; identify and coordinate audit process with the finance team.

Tax Management:

• Compliance with tax, legislative and statutory requirements for both the company and the employees.
• Prepare and submit tax returns (Income Tax, VAT and Withholding Tax)
• Monthly PAYE submissions, PAYE reconciliation (mid-year and annual).

Fixed Assets Management:

• Develop and maintain the property management database/inventory spreadsheet; update the database for each new purchase of equipment;
• Supervise quarterly inventories to reconcile database entries with physical counts of property within the office;

Working Capital Management (Payables, Receivables, Stocks, Cash and Bank Balances)

• Ensure collection of 80% of debts from the allocated debtors on time
• Ensure timely submission of all monthly bills payments.
• Update receipt payments made by clients into the system on timely basis
• Ensure cash flow management practices by regulating debt, collecting debt and controlling credit.
• Ensure 100% compliance to company internal control procedures and follow the company credit policy in all financial transactions

Procurement and Logistics:

• Supervise and ensure the consistency of procurement records management; create and comply with standard records file list for all procurement activities – Purchase Order Forms, receipt of goods and services (GRN forms)
• Manage supplies management process that ensures adequate stock of supplies to prevent stock-outs
• Oversee and guide the logistics team as per work plan.

People Management

• Individual Job design & analysis for the Finance, Supply chain and administration teams.
• Workforce planning.
• Recruitment & termination.
• Performance management & review.
• Training & development planning.

Strategy Management

• Custodian of the company strategic plans
• Follow up and monthly monitoring of the strategy implementation

Qualifications for the Finance & Administration Manager Job

• Degree in Finance or related course
• CPA (K)
• MBA in Finance, Accounting or Strategic Management is added advantage
• Over 5 years’ experience in IT Industry with at least 2 years as a Finance Manager
• Experience in IT retail environment is preferred
• Knowledge of International Accounting Standards
• Familiarity with Kenyan regulations and practices especially in finance & human resources

How to Apply
Interested candidates are requested to forward their updated CVs to recruit@virtualhr.co.ke with the subject FINANCE AND ADMINISTRATION MANAGER  by 15^th December 2017, stating their current and expected remuneration, daytime telephone contacts and addresses of three referees. Only shortlisted candidates will be contacted.