Vacancy title:
Finance And Administration Manager
Jobs at:
Java HouseDeadline of this Job:
Thursday, January 11 2024
Summary
Date Posted: Friday, January 05 2024, Base Salary: Not Disclosed
JOB DETAILS:
Job description
Summary of work environment
The finance department is responsible for cost accounting and financial analysis.
Primary Purpose and Scope of the Job (Job Role)
• To give an oversight role on all company finance and administration.
• Putting in place controls to safeguard company assets. · Ensuring all statutory obligations are followed to the latter.
• Supporting the internal and external audit.
• Partnering with the senior leadership on deriving strategic decision making and operation.
• Ensuring books of accounts are updated on daily basis.
Duties and Responsibilities:
• Manage the company cash flow and forecast.
• Scheduling and sharing of supplier payment runs.
• Reviewing the PnL items for completeness and GL item reconciliation.
• Managing foreign exchange risks for example negotiating better forex rates.
• Supervising, motivating, and appraising of the finance team.
• Carrying out bank reconciliation.
• Reviewing and authorizing invoice postings to the GL.
• Relationship management with external partners for example vendors, banks, customers, and regulators.
• Ensuring that procedure to pay process are followed correctly.
• Overseeing administrative functions and ensuring compliance with statutory regulations.
• Coordinating end month stock process, reviewing, analyzing, and publishing of the stock variance report before upload with help of cost control accountant.
• Responding to informational requests from the senior management, finance team and other user departments on financial information especially during branch PnL presentation.
• Ensuring completeness of supplier onboarding by creating correct vendor name in the ERP.
• Preparing, reviewing payroll management element end to end process with its reconciliation.
• Sharing with treasury cash at bank daily for treasury management and planning.
• Furnishing of the statutory deductions for example NSSF, LST, PAYE, VAT, WHT.
• Coordinating of both supplier and customer reconciliation.
• Uploading of supplier payments on the banking platform.
• Responding to internal audit inquiries.
• Being a custodian for cash collected from cash customer before banking.
• Chip in and assist to invoice, settle suppliers, invoice on EFRIS, when the need a raise.
• Any other duties assigned by the line supervisor.
KEY ACCOUNTABILITIES: accountability statements in the form of verb/noun/result area as per the set departmental KPI’s
• Effective communication.
• Financial reporting.
• Cashflow management.
• Management and relationship with external partners.
• Payroll management.
• Management of talent and people in the division
• Mitigation of financial, tax, compliance and legal risks.
Performance Indicators (3-5 indicators)
• Timely and accurate financial reports.
• Adherence to corporate governance.
• Systems control enhancement.
• Tax & other statutory regulations compliance.
Job specifications: Define the skills, knowledge, and experience specific to the job in question (includes generic skills).
Qualifications
• Minimum of CPA III
• BCOM Accounting & Finance
• Proficiency in Excel and power point
• Strong background in ERP
• Strong background in EFRIS
• Strong background in MIS reporting
• Attention to detail
• High integrity and trustworthy person to handle confidential data
Experience
• 5 years and above in a similar position, preferably in Hospitality or FMCG industry.
SPECIAL CONDITIONS OF EMPLOYMENT (Licenses, certificates, credentials, travel, Physical requirements etc.)
• Registered with recognized accounting professional body.
• Certificate in Anti- bribery.
• Certificate in Anti-corruption.
• Certificate in competition compliance.
Core COMPETENCIES:
• Registered with recognized accounting professional body.
• Certificate in Anti- bribery.
• Certificate in Anti-corruption.
• Certificate in competition compliance.
• Flexible Planning.
Work Hours: 8
Experience in Months: 60
Level of Education: Bachelor Degree
Job application procedure
Interested and qualified? Click here to apply
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