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Thursday, February 2, 2017
Finance Manager (Infrastructure Projects) Job in Nairobi, Kenya
Job Role Summary: Finance Manager will undertake all the necessary activities for meeting the financial requirement for projects being undertaken by the company including projects already won as well as those under bidding/development.
Working with the senior management, the Finance Manager will liaise with banks, financial institutions and other stakeholders to ensure timely availability of financing for projects at the most competitive terms.
Manage the finance and accounting functions of the company which includes receivables and payables management, treasury/cash management, taxation management and financial reporting as well as ensuring high levels of compliance to accounting principles and procedures.
Undertake comprehensive financial Planning for various projects to deliver cash flow forecast, scenario analysis, risk assessment and return analysis
Work closely with the Directors to identify, analyse and execute the most optimum financing solution for projects (including debt and equity)
Support senior management on various financing related matters on an ongoing basis
Manage and ensure a smooth, effective, and cost efficient operation of the Accounting/Finance Department
Plan and direct activities of department to ensure maximum return of equity/investments
Design, install, enhance, evaluate and provide accurate and real time Financial Reports for the Directors
Monitor review and analyse cash position of the company to evaluate liquidity and availability of funds
Identify training needs and help to develop training manual for staff in the department and other areas of the business where accounting is required
Ensure that all tax returns, tax declarations and other required reports are submitted accurately on time
Prepare the organization’s budget and forecast and present the reports to the management team for review and finalization
Maintain a documented system of accounting policies and procedures
Interpret the company’s financial results to management and recommend improvement activities
Develop and implement SOP’s and guidelines for the Finance Department
Develop and manage financial systems/models
Carry out business modelling and risk assessments
Preparation and maintenance of the Project Budget to ensure data is complete and maintained on a timely basis.
Prepare quarterly financial report is produced on a time to ensure adequate review, approval and submission to the senior management.
Prepare and consolidate monthly invoice and expense projection. Analyse differences of the projections and actual spending and submit adjustments as required.
Monitor cash flow, prepare cash flow forecasts
Develop and consolidate annual budget in liaise with the Management team
Ensure sufficient funds are available to meet ongoing operations
Manage the annual audit process to ensure audit recommendations are followed
Prepare and coordinate annual statutory audits in liaison with both internal and external auditors
Knowledge and Skills required
Bachelor of Commerce Majored in Finance or Accounting, Degree in Business Administration or equivalent
CPA (K) or equivalent qualification
At least 10 years’ professional experience with 5-7 years at a managerial level position
Particularly strong financial modelling skills, capable of building from scratch sophisticated “project finance” financial models
Knowledge of project finance documentation.
Extensive Knowledge in accounting regulations
Extensive Knowledge in tax legislation and statutory deductions for employees
Proficiency and experience with ERP systems
Strong leadership, management and organizational skills
Excellent written and oral communication skills
Result-oriented approach with hands-on execution capability
Send CV to careers@hrmconnection by 10th February 2017