Finance Officer leading and coordinating the operations of the Finance Department, requiring a Bachelor’s degree in Accounting or Finance with 5+ years experience and CPA(K) certification, in an academic environment, on-site role.
Key
Responsibilities
- Leading
and coordinating the operations of the Finance Department;
- Preparation
of monthly, quarterly reports and financial statements in accordance with
applicable accounting standards and regulatory requirements for submission
on or before the statutory deadline;
- Develop,
implement, and ensure compliance with internal financial and accounting
policies and procedures;
- Preparing
and coordinating the Company’s annual budgets, financial forecasts and
cash-flow projections;
- Monitoring
the Company’s financial performance, revenue, expenditure, cash flows and
working capital;
- Ensuring
timely preparation of statutory and tax returns and compliance with
applicable laws and regulatory requirements;
- Ensuring
all payments are correctly authorized, recorded, and paid;
- Ensuring
monthly reconciliation of all bank accounts is done;
- Ensuring
all financial transactions are correctly recorded in the Enterprise
Resource Planning accounting system
- Manage
the cash flow and prepare cash flow forecasts in accordance with the
policy;
- Oversee
the bookkeeping function including maintenance of the general ledger,
accounts payable, accounts receivable and payroll;
- Update
the Board and Management regarding changes in legislation or regulations
that may affect the Enterprise’s business operations;
- Provide
financial analysis and advice to Management and the Board to support
strategic and operational decision-making;
- Advise
senior management on all situations which have the potential for a
negative impact on internal controls or financial performance;
- Ensure
statutory deductions and other remittances are executed on time;
- Develop
and maintain an enterprise financial risk management framework;
- Establish
and continuously improve internal financial controls and fraud prevention
mechanisms:
- Manage
the acquisition of capital assets and ensure that assets are properly
recorded, amortized, and disposed of as appropriate;
- Ensure
up-to-date company asset records and insurance cover;
- Facilitate
internal and external audits and implement recommendations of audit
management letters and accounting, systems and compliance audits;
- Ensure
participation of Finance Department staff in continual training programs
and career advancement;
- Support
the implementation of TUMEL’s Strategic Plan through financial planning
and performance monitoring;
- Develop
and monitor departmental Key Performance Indicators (KPIs);
- Evaluate
investment opportunities and prepare financial viability analyses for new
business ventures;
- Evaluate
staff in the Finance Department to ensure adherence to the performance
targets; and
- Perform
any such other duties as may be assigned or delegated by the Managing
Director.
Person Specification
For
appointment to this position, a candidate must:
- Possess
a Bachelor’s Degree in Accounting/Finance OR equivalent from a recognized
University.
- Have
served for a minimum of 5 years in the field of Accounting and Finance.
- Be a
CPA (K) or equivalent and be a member of the Institute of Certified Public
Accountants (ICPAK) in Good Standing and have a Valid practicing license.
Have working experience using ERP systems such as Odoo, SAP, Oracle,
Microsoft Dynamics, ERPNext, or similar.
- Advanced
MS Excel skill
