Head of Budgeting & Reporting Job in Kenya

Position: Head of Budgeting & Reporting East Africa

Department: Finance & Administration East Africa

Reports to: CFO East Africa Region

No. of People Supervised: 

 2    
 

Job Purpose: This position is responsible for coordinating &

processing the financial reporting, forecasting & budgeting for the region

in the reporting system (Hyperion).  

The position will also support &

assist in performing high level financial analysis to support Senior Management

in resource allocations, for preparing quality budget briefing materials, for

monitoring budgets and expenditures and providing financial information

required for decision making at various levels in the organization, and for the

implementation of data maintenance and reporting systems that effectively

support the needs of program/service delivery areas in the organization. 

Key Responsibilities:

• Financial reporting: Coordination &
  
  compilation of the weekly, bi weekly and monthly financial reports from
  
  all the operations in the region & input into the reporting system.
  
  Ensure Intercompany transactions are agreed and reconciled. Follow up
  
  ensuring timely delivery of reports as dictated by group deadlines and
  
  ensure their accuracy and completeness.


• Forecast & Budgets: Coordination &
  
  compilation of all excel based forecast & budgets from all operations
  
  and input into the reporting system.


• Training & Support:  Ensuring that
  
  instructions, responsibilities, timelines, deliverables & systems are
  
  well understood by the team and the finance managers of the East African
  
  Companies.


• Analysis: Facilitating analysis of forecasts
  
  reports & budgets for accountability accuracy and planning.


• Consolidation:  Processing the
  
  consolidated reports for the region and ensuring accuracy, consistency and
  
  timelines are met.


• Financial Monitoring: undertake visits when
  
  necessary to the operations to ensure quality in all aspects of financial
  
  management including review of reconciliations and audits &
  
  understanding of the individual operations.


• Assisting in the development and/or
  
  improvement of routines, tools or systems for monitoring evaluation,
  
  accountability and reporting, as feasible and required. Assist in the
  
  development of financial systems to ensure integration with the main
  
  reporting system – Hyperion.

Performance Measures:

Output/Standards

• Reports, budgets, forecasts delivered within
  
  deadlines as dictated by the group reporting schedule:

1. Flash – 2nd working day by Noon


2. Month end reporting by 8th working day

• Quality, accuracy and timeliness of financial
  
  information verified and approved by the relevant managers


• Planning and control and the provision of
  
  appropriate, accurate and timely information ensures appropriate
  
  management decisions on resource allocations and expenditures and maximum
  
  utilization of the organization’s resources. This also allows for better
  
  decision making and financial planning – an important aspect for a budget
  
  or forecast


• Solutions to financial management issues,
  
  problems and responses to audit recommendations

Working Relationships:

Internally

• Liaise closely with all Finance Managers in
  
  the region and where necessary other departmental Heads & staff  to
  
  achieve results

• Communicate and liaise with auditors, Head
  
  office and other relevant partners local & global offices when needed
  
  so as to provide accurate and timely information & reports in all
  
  aspects

• May be required to work outside office,
  
  outside normal working hours and travel to East African countries where
  
  need arises for support reasons


• May be required to attend training &
  
  seminars outside the country


• May be required to work late & over
  
  weekends & holidays

Desired Educational

Background      

• University education or equivalent experience


• Several years’ experience & in depth
  
  understanding of planning  & reporting including budgeting


• Experience of internal control


• Experience of process oriented work   

• 5 years  experience in a reporting and
  
  administration environment closely involved in financial reporting


• Or 5 years’ experience in the industry in a
  
  finance role    

• Excellent relation and personal interaction
  
  attitude


• Must have excellent analytical, problem
  
  solving, skills


• Must have excellent communication and
  
  presentation skills


• A high degree of independent decision making
  
  and autonomous function.


• Excellent communication and organizational
  
  skills


• Dependable individual

Qualified Candidates to forward their

cvs to cvs@careerdirections.co.ke by 8th January 2015

Kindly indicate the Name of the position at the subject of the email.