Our client in the FMCG industry is looking to hire a financial accountant.

Work station: Nairobi

JOB PURPOSE;

The ideal candidate will be responsible for the financial management of the company; regular checking Bank online transactions, bank reconciliations, following up on outstanding issues with bank. Monitoring fixed asset register, stock asset account, account and comparing actual cost of vs budgets and making adjustments. Responsible for overall reports and management on both and accounts payable and receivables reconciliations.

MAIN TASKS AND RESPONSIBILITIES;

• Manage accounts receivable, reports and Account receivable reconciliations.
• Monthly Preparation and production of the financial reports and management accounts including reports for payroll and wages summary and payments.
• Coordinate with Bank agent for collection of cash, statements and any other correspondence
• Participate in Internal and External Audit and ensure all statutory are filed on time
• Daily reconciliation of VAT report and submission for approval.
• Preparation and filing of approved VAT returns on monthly basis.
• Performing bank account reconciliations.
• Preparation of payment schedule and submit for approval.
• Analyze supplier’s sensitivity regarding payment terms, mode and advice Finance head of such suppliers for regularization.
• Engaging suppliers regards to trading agreement, negotiate terms and propose just in time ordering system.
• Ensuring the system is reading updated and inclusive suppliers information.
• Closely liaise with procurement dept. to monitor and communicate change in purchasing price of items and services.
• Verification of attendance sheet provided by HR and submitting the verified reports for approval.
• Follow-up and ensuring timely submission of statutory deduction such as PAYE, NSSF, NHIF, NITA and W/VAT, W/T.
• Preparation of payroll and forwarding month-end report for approval, printing and distributing payslips to individual employees.
• In charge of organizing the archive room by logically arranging accounting files, labelling and safekeeping of sensitive documents.

SKILLS AND QUALIFICATIONS;

• A bachelor’s degree in B.com (Finance/Accounting Options)
• SAP knowledge is a must.
• Must be a CPA (K/U/T) holder.
• Minimum 3 years’ experience in a FMCG company.
• Must be good in teamwork
• Result-Oriented
• Attention to Detail
• Positive attitude
• Strategic focus
• Personal Credibility & High Integrity
• Good leadership skills

All applications should be done on or before close of business 19^TH May 2021 on link below:

FMCG Financial accountant

Only shortlisted candidates will be contacted

Our client in the FMCG industry is looking to hire a Finance Manager based in Nairobi.

Work Station: Nairobi

JOB PURPOSE:      

The ideal candidate will be responsible for creating forecasting models, assessing risk in investments and ensuring all accounting activities comply with regulations; maintaining our company’s financial health and increase profitability; managing the financial reporting for the organization.

Main Tasks AND RESPONSIBILITIES:

• Providing sound financial support and insights to enable the executive team make critical business decisions.
• Presentation of financial results and insights to the executive management, external users and board of directors.
• Involve in the formulation of the business’s strategy, evaluate financial risks associated with strategy, and advise on the sustainability.
• Managing and overseeing the taxation affairs of the organization and liaising with the external tax firm and auditors for specific advices.
• Managing and overseeing the cash flow of the company and ensuring it has the appropriate budgetary controls.
• Managing hedging and foreign currencies to cushion the company from foreign exchange losses.
• Managing the External Auditor relationship and ensuring the organization is compliant with accounting standards and local statutory requirements.
• Managing and overseeing the company’s banking and borrowing arrangements by providing relevant information to the bankers and monitoring adherence to financial covenants.
• Regularly conduct gap analysis in financial processes and institute solid financial systems with the aid of technology to control risks.
• Perform investment appraisal and analysis as and when required, present cost benefit analysis for different investment options to management.
• Formulate operating/ capital budgets, establish cost control procedures and present results to both finance & non-finance people to understand.
• In charge of recruitment, training, mentoring and development of accounting staff
• Managing accounts payable, accounts receivable, payroll, financial and other management accounting functions.
• Risk management to ensure the business has a solid risk framework in place, manage insurance portfolio of the company.
• Advising and implementing best practice initiatives to increase revenue and reduce costs
• Advising on market changes and providing strategic financial recommendations to the executive management.

SKILLS AND QUALIFICATIONS

• Bachelor’s Degree in Accounting, Finance, or related field
• Certified Public Accountancy
• 8+ years’ experience in a senior financial managerial position with a proven record of success
• Sound decision making skills based on accurate and timely analyses
• Results oriented and metrics driven
• Exceptional time management and able to solve problems
• Exceptional interpersonal communication and leadership skills, with the ability to communicate and manage staff at all levels
• Ability to lead by example and demonstrate a strong sense of integrity, ethics and dependability
• Professional written and oral communication skills
• Strategic thinking, planning and creative problem-solving skills
• Ability to work under pressure
• Ability to collaborate with top management to organize, plan and achieve company financial goals
• Advanced computer software skills, including Excel and financial reporting software

Kindly upload your CV if you meet below requirements here before 19th May 2021 using the link below:

FMCG FINANCE MANAGER

Only shortlisted candidates will be contacted

VACANT POSITION: Head of Finance
Our client a leading FMCG in East Africa is looking to hire a Head of Finance
Reports to: Managing Director
Direct reports: Finance Manager
JOB PURPOSE:
To be responsible for all financial and management accounts, treasury, tax, financial risk management and control functions, budgeting and investor reporting.
In addition, the Head of Finance is responsible for developing strategies for financial and tax efficiencies and preserving the assets of the company through the provision of accurate information to stakeholders and informing the future strategy of the company

MAIN TASKS AND RESPONSIBILITIES
• To take overall lead of all the company financial functions; with full authority over treasury, tax, statutory and management accounting, financial controls, and internal and external reporting.
• Ensure that the organization is properly capitalized to finance its strategic plans
• Responsible for developing a deep understanding of the economics of the company’s turnaround plan, how differing recovery initiatives require different amounts and types of capital and approaches, and making sure that capital is available.
• Provide timely and relevant information to the executive team and board, to assist with major strategic decisions
• Responsible for the design and implementation of a management accounting framework appropriate for where the business is today, and where the business is going in the next 5 years. This should provide management with top-notch data for informing strategic decisions, in which the Head of Finance will participate.
• Guide the company to appropriately choose strategic investment options, based on their risk/return profile.
• Assure that the organization has the optimal legal structure for our business lines; review the current structure for its tax and cost efficiency, design and lead the implementation of any changes to the company structure if appropriate, and advise on optimal structures for subsidiaries in other markets.
• Lead the organization in building a top-class finance team by mentoring and building on the team in place
• Play a key role in shaping the overall strategy of the business working closely with Board members and the executive team.
• Establish strong working practices with other departments Commercial Services, HR and Admin, and Supply Chain.

SKILLS AND QUALIFICATIONS;
• Master’s Degree in Finance or any other relevant field.
• Postgraduate qualification in Finance from a recognized institution.
• Member of the Institute of Certified Public Accountants of Kenya.
• A minimum of 10 years’ relevant experience, five of which must be in a senior management position.
• Extensive experience leading a finance function of a $50 million plus revenue company – preferably a business with a strong financing or credit component. Ideally experienced at dealing with subsidiaries in multiple countries, and at least some public company experience.
• Excellent leadership & management skills, including staff motivation
• Track record of performance and exceptional leadership capabilities

All applications should be done on or before close of business 15th September on link below:

HEAD OF FINANCE

Only shortlisted candidates will be contacted

The Rotary Club  is looking to hire a Grants and Accounts Officer based in Nairobi.

Work Station: Nairobi

JOB PURPOSE;

The ideal candidate will ensure effective and efficient grant reporting as per the Grants MOU. The officer will also handle all Accounting matters relating to the District and the Districts Foundation Committee. S/he will be a project manager, consultant, analyst, and problem solver with exacting standards and an eye towards creativity and innovation

 MAIN TASKS AND RESPONSIBILITIES;

• Coordinate the preparation grants reports and reports on grants activities in compliance with MOU (Memorandum of Understanding) and Organisation’s requirements.
• Facilitate regular monthly check in review meetings and circulate minutes and close follow-ups of action points.
• Support the grants team in highlighting and documenting success stories and factsheets.
• Maintain working knowledge of the Organisation at large.
• Maintain regular communication with other District Foundation Committee team and the Organisation.
• Maintain regular communication with all primary contacts for grants.
• Maintain regular communication with all cadres and Team of experts in Districts
• Monitor grants for legal, financial, and compliance including but not limited to ensuring full enforcement of Financial Management Plans.

• Monitor and document the grant making workflow processes, forms, templates, reports and data to assure full compliance with Organisation requirements.

• Refer Problem, complex grant scenarios to District Foundation Committee ( DFC)and/or the organisation
• Work with District Foundation Committee to generate reporting required for compliance and Financial Management Plans.
• Monitor the implementation of the Grants MOU.
• Follow up on the clubs for the implementation of FMP (Financial Management Plan) and annual financial Management plan assessment and ensure that annual Financial Assessment reports are submitted both for clubs and the district.

• Ensure grants records retention to the District’s online storage.
• Ensure Inventory Management of equipment.
• Relay any communication from Organisation/ DFC and partners.
• Follow up with District Treasurer on monthly DFC accounts summary and share reports to the District Foundation Committee (DFC) and DT (District Treasurer).
• Any other duties as assigned by the management team.
• Mastery of the organisations compliance and other requirements.

Accounting Management

• Manage all accounting transactions for the District and DFC
• Reconciliation of both District and DFC
• Ensure timely payments
• Comply with financial policies and regulations of the country
• Ensure the districts audit is done within the expected time

SKILLS AND QUALIFICATIONS; 

• A Bachelor’s Degree in Commerce is required. Master’s degree in non-profit management or related field will be an added advantage.
• CPA/ACCA qualified minimum Part 2.
• Candidates should have a minimum of 4 years work experience, knowledgeable in non-profits or grant making and/or management systems.
• Adept at managing a project from inception to completion
• Data management experience, familiarity with data systems and business processes
• Financial or business analysis skills
• Familiarity with private foundation approaches, requirements and processes.
• A Rotarian/Rotaractor who is a cadre will be an added advantage.
• Communication /Problem Solving /Facilitation Skills
• All applications should be done on or before close of business 26th May 2021 on link below:
• https://reedsafricaconsult.com/job/grants-accounts-officer/
• Only shortlisted candidates will be contacted

Our client in FMCG industry is looking to hire a management accountant based in Nyahururu

Work Station: Nyahururu

JOB PURPOSE;

The ideal candidate should contribute towards decision-making process to the management that will ensure business growth and long-term success. S/He should also ensure that costs are always controlled, and resources are efficiently applied in accordance with budgets and forecasts across the entire organization.

 MAIN TASKS AND RESPONSIBILITIES;

1. Monthly general ledger reconciliations that falls within responsibilities.
2. Processing of journal entries into the accounting system.
3. Compilation of yearly budgets and plans that are in line with departments’ budgets and plans. Ensure the process is completed and ready for management’s approval every 15^th November for proceeding year’s budgets.
4. Ensure effective controls and management of all categories of inventory (including engineering spares, chemicals, and all packaging consumables) and ensure effective procedures over transfer to the finished goods stores in the factory as well as proper controls over transfer to other company warehouses across the country. Ensure controls over any products returns to the stores.
5. Ensure maintenance of optimal levels of all stock categories and ensure that sufficient stock holdings of all categories of inventory are always maintained to STRICTLY ensure that operations of the company are not disrupted at any time to ensure achievement of business targets and goals.
6. Efficient proper controls and costings over all areas of logistics and ensure that sourcing of raw materials routes plans as well as finished products delivery route plans are always tracked and reviewed for cost and operational efficiency. Advise the Management on possible inefficiencies.
7. Ensure proper financial controls, accurate and transparent records are always in place over all aspects of inventory, accurate absorption of all cost of sales, accurate sales pricing to ensure achievement of budgeted/ forecasted margins, ensure controls of cost of sales components to align with pricings, analyse at all times the products pricing and all components of cost of sales to ensure efficiencies and safeguard against wastage and regularly advise management on any product that fall short of target margins. Ensure that these accounts are always transparent and reconciled to relevant records and accounts.
8. Advice the Finance Manager and Managing Director on a timely manner on any anticipated risks (operational or otherwise) and any projected/expected challenges that the business might face that could hinder achievements of budgets/forecast and advise on required mitigating factors.
9. Ensure where possible that the above processes and areas of responsibilities are well computerized through the ERP SYSTEM and ensure controls including segregation of duties and rights to access regularly tested and are always working for enhanced efficiency.
10. Regularly review the controls and processes for relevance and effectiveness and promptly update them for suitability.
11. Ensure that staff working under these responsibilities are suitable for the job, are well engaged, evaluated, and assessed against Key performance indicators, are well trained and motivated
12. Ensure that costs are always controlled, and resources are efficiently applied in accordance with budgets and forecasts across the entire organization.
13. Ensure that proper policies and accounting procedures are established and applied consistently in accordance with International Financial reporting standards.
14. Provide an efficient and effective financial support service to the Financial Manager related to production of monthly management reports for the board together with relevant brief notes and explanation on performance and any variance against budgets and forecasts as well as comments on efficiency levels before 5th of every following months to assist management and the board in decision making. Liase with the external auditors to ensure accurate records are availed to facilitate timely conclusion of external audits.
15. Any other duty as assigned from time to time.

. SKILLS AND QUALIFICATIONS;

• A Bachelor’s Degree in Commerce -Finance or Related Field. CPA (K) or ACCA Qualifications.
• At Least 3 Years’ Experience of management accounting with exposure to cost accounting in a busy Manufacturing/FMCG environment.
• In depth understanding of manufacturing/FMCG processes
• Demonstrated professional competence and administrative capability as reflected in work performance and results
• Strong consolidation knowledge and experience
• Familiarity with computer technology and knowledge of a variety of software programs related to the field.
• Excellent numerical and analytical abilities
• Good verbal and written communication skills
• Good time management, planning and organizing skills

All applications should be done on or before close of business 17^th April, 2021 on link below:

 VACANT POSITION: Senior Executive – Internal Audit

Our client a leading Manufacturing firm in East Africa is looking to hire a Senior Executive – Internal Audit

Location; Mombasa

JOB PURPOSE:

The ideal candidate will be responsible for examining and evaluating whether the company’s framework of risk management, control and governance processes, is adequate to the industry norm and functioning properly.

MAIN TASKS AND RESPONSIBILITIES

• Routine compliance audit on the statutory and other legal requirements.
• Carry out audit to ensure completeness and accuracy of the postings.
• Routine departmental process and procedures audits as per the audit plan. These include procurement, sales, production, HR, Finance and other external in-house service providers.
• Coordinate and plan monthly stock-take and weekly cycle counts.
• Recommend on procedure and/or process changes to enhance control and render company at minimum business risk.
• Ensure GIT Account, GRN account, and stock account are reviewed frequently to reduce write offs
• Review of statutory remittances on a monthly basis before the respective deadlines
• Ensure all staff monthly performance reviews and score cards are done and sent to HR and quarterly Performance reviews are also done.

SKILLS AND QUALIFICATIONS;

• Bachelors in a Business related course
• CPA -K
• Over 3 Years relevant experience in Audit & Management
• Able to work within tight deadlines
• Experience in a manufacturing set up is an added advantage

All applications should be done on or before close of business 10^th April 2021 on link below:

http://www.reedsafricaconsult.com/upload-cv.html

Only shortlisted candidates will be contacted

Vacant: FINANCIAL DIRECTOR

Our client in telecommunication industry is looking to hire a Financial Director based in Nairobi.

Work Station: Nairobi

JOB PURPOSE;

The ideal candidate should supervise all accounting, management, treasury, tax and financial communication functions and pilot the financial and budgetary strategy of the company, the investment and development policy of the departments, aiming at competitiveness gains.

 MAIN TASKS AND RESPONSIBILITIES;

Financial information

• Develop the budget and the plan of the company in accordance with the strategic choices of the general management and the shareholders,
• Be the guarantor of the reliability of the reporting: prepare the monthly and quarterly results, analyze the deviations from the budget and from the previous year,
• Produce financial statements intended for shareholders and legal bodies, manage financial communication,

Accounting

• Ensure the application of group procedures and accounting standards: define the application methods and then ensure the application of these standards and analyze their tax consequences,
• Validate the accounting statements and the main closing choices,
• Anticipate short and medium term external financing needs, develop financing plans, validate cash budgets,

Management control

• Define the main orientations of the controls and key indicators to be implemented and the reporting framework intended for general management,
• Set up and improve procedures for managing and optimizing the flow of financial information and guaranteeing their reliability,
• Prepare presentations to the control committee and the board of directors

Banking relations

• Monitor and adapt outstanding amounts to changes in the financial markets.

Internal control

• Ensure the existence and effectiveness of measures intended to reduce exposure to risks.

SKILLS AND QUALIFICATIONS;

• Bachelors in Business and Management ,accounting diplomas or equivalent acquired through experience,
• Specialized Masters CCA (accounting, control, and audit) or finance or equivalent acquired through experience.
• Mastery of different accounting and financial techniques (financing, investments, process, performance measurement, etc.),
• Should possess knowledge of the use of IT management concepts and tools,
• Should be fluent in English

All applications should be done on or before close of business 19^TH March, 2021 on link below:

https://reedsafricaconsult.com/upload-cv/

Only shortlisted candidates will be contacted

Our client a leading Content and Production Company in East Africa is looking to hire a Senior  Accountant.

Job Location; Nairobi, Kenya.

JOB PURPOSE;

The ideal candidate will be in charge of Project Management accounts, Cost control, Cash flow Management, Budgeting and Reports preparation.

MAIN TASKS AND RESPONSIBILITIES

• Prepare all the books of accounts for the company in respect to revenue and expenditures in a timely, accurate and clear manner.
• Lead and compile the company annual revenue and expenditure budget, capital expenditure budget and perform monitoring and variance analysis.
• Analyze and forecast critical financial performance indicators such as cash flow, cost controls and actual figures against budgets / targets. Convey these analyses to the Management and recommend on corrective measures.
• Advise the company top management on financial matters – rules, reporting frameworks, trends and new developments.
• Ensure compliance of the company to financial and regulatory requirement.
• Ensure the timely payment of all taxes, levies and statutory fees.
• Promote and manage healthy business relationships with company suppliers, customers, stakeholders, auditors, bankers, insurers and other service providers
• Design and implement systems and controls for monitoring and managing financial processes and procedures
• Lead in development of project budgets, monitoring and control to ensure projects are executed within projected cost and remain profitable.
• Establish and maintain appropriate internal control safeguards.

SKILLS AND QUALIFICATIONS;

• University degree in Accountancy, Finance, Commerce, Economics or Business Administration
• CPA finalist, or ACCA, from a recognized institution
• At least 4-7 years’ relevant experience
• Good Presentation skills
• Good communication skills.
• Good understanding of corporate finance and managing projects

All applications should be done on or before close of business 6th May 2021 on link below:

SENIOR ACCOUNTANT

Only shortlisted candidates will be contacted

Our client dealing with Agriculture equipment financing is looking to hire a Credit officer.

Job Location; Nairobi

JOB PURPOSE:

The Credit officer will facilitate lending to clients by assessing creditworthiness and processing relevant paperwork. He/She will prepare loan applications, evaluating clients’ financial information and calculating risk ratios

MAIN TASKS AND RESPONSIBILITIES

ADVISORY SERVICES TO CLIENTS.

• Meet with applicants to obtain information for loan applications and to answer questions about the process.
• Explain to customers the different types of loans and credit options that are available, as well as the terms of those services.
• Work with clients to identify their financial goals and to find ways of reaching those goals.

LOAN APPLICATIONS PROCESSING

• Review loan requests
• Assess clients’ financial status
• Evaluate creditworthiness and risks
• Contact clients to gather financial data and documentation
• Approve within delegated authority loan structures pricing and conditions on loan transactions
• Maintain updated records of loan applications

MANAGEMENT OF CLIENTS ACCOUNTS

• Monitor progress of existing loans
• Drafting demand notices to loan defaulters.
• Maintaining loan register

SKILLS AND QUALIFICATIONS;

• BSc in Banking and Finance, Economics, Actuarial Science or related field
• Extensive Knowledge and experience in credit documentation in a credit department, preferably in a Micro finance institution.
• At least 5 years’ in similar role
• Excellent analytical, Problem identification and solving skills
• Excellent interpersonal, listening and communication skills
• Excellent negotiation and rapport building skills
• Excellent business acumen and awareness of macro environment
• Excellent organizational and time management skills

All applications should be done on or before close of business  10th December 2020 on link below:

https://reedsafricaconsult.com/upload-cv/

Only shortlisted candidates will be contacted

Our client dealing with manufacturing of food products is looking to hire Credit control.

Job Location; Nyahururu

JOB PURPOSE:

The ideal candidate will be responsible for monitoring and controlling accounts receivables, ensuring debt collection within the agreed period, assessing credit risk for all customers and minimizing bad debts.

MAIN TASKS AND RESPONSIBILITIES

• Review the company credit procedures and develop and implement enhancement where required.
• In conjunction with Sales and and Finance & Administration Manager, design appropriate credit limit for each customer.
• Enforce credit policy, ensuring orders are placed in accordance with the credit rules and credit limits
• Manage customers’ payment schedules and ensure that customers adhere to credit limits.
• Resolve all issues raised internally and externally around outstanding invoices
• Manage the timely and effective collection of all debts and ensure customers’ payment are consistently on-time
• Manage receipting, allocation, and reconciliation of customers’ accounts as payments are received

SKILLS AND QUALIFICATIONS;

• Diploma /Bachelor’s degree in Accounting, Business Administration, Finance, or similar field.
• At least 3-4 years of experience as a credit controller preferably in Manufacturing set up
• Ability to multitask and prioritize work
• You have working experience of Excel and Accounting packages and you are proficient at QuickBooks

All applications should be done on or before close of business 5^TH November 2020 on link below: https://reedsafricaconsult.com/upload-cv/

Only shortlisted candidates will be contacted