Financial Controller Job, Accounting Jobs Kenya 2021, 


Position: Financial Controller


Industry: Retail


Reporting to: Country finance manager/District finance manager


 Our client is seeking to recruit a Financial Controller who will be responsible for establishing a reliable financial reporting system in compliance with internal guidelines and procedures which monitors the achievements of the store objectives and provides stakeholders with relevant financial data for the decision-making process.


Responsibilities


 Budget and Cost Control



  • Assist in monitoring allocated budget for the store to ensure compliance and highlight possible issues

  • Provide inputs on the preparation of budget when necessary

  • Provide inputs on cost reduction measures for the store


Risk Management and Insurance Coverage



  • Ensure proper and adequate insurance coverage

  • Ensure that financial aspects of the contracts are adhered to and are renewed in a timely manner


Internal Control and Audit



  • Ensure alignment of procedures with developed by the Finance function

  • Guarantee that the fixed asset register is properly maintained

  • Ensure that payroll is processed accurately and timely

  • Control suppliers’ payment terms and consequences

  • Monitor stock-check, sleeping stock, receiving controls and analyse shrinkage result

  • Perform audits on CCO to minimize cash flow risks, prepare corrective actions and proposals for improvement

  • Ensure the strict implementation of Internal Audit recommendations

  • Review, develop and implement the finance strategy that supports the company’s corporate and business strategies


Reporting



  • Oversee the preparation of store performance analysis by Department/Section

  • Prepare business presentations and reports for stakeholders periodically and ad hoc basis when required

  • Provide summary of asset information to the management regularly

  • Responsible for business analysis and modelling including:

    • Monthly financial closing (budgetary control, P&L, Balance Sheet and Cash Flow)

    • Monthly forecast

    • Annual budget

    • Store turnover





Human Capital Responsibilities



  • Assist in implementation of the performance management process by setting objectives, monitoring performance, and provide constructive feedback and provide inputs to senior management

  • Provide mentorship for the purpose of developing a continuous talent pipeline for key roles

  • Provide inputs on training needs and coordinate with the HC department to ensure facilitation of training requirements

  • Develop and implement on the job-training for the team

  • Provide inputs for the development of annual manpower plan

  • Ensure the implementation of company Retail’s corporate policies and relevant procedures


Qualifications



  • Bachelor’s Degree in finance, Business Administration or Commerce

  • A minimum of 5 years in a similar role, of which 2+ years in retail business

  • Strong analytical and technical skills in financial analysis and reporting

  • Good project management skills

  • Knowledge of MS Office, particularly modelling in Excel

  • Presentation skills

  • Accounting concepts and knowledge of IFRS

  • Investment appraisal process and capital budgeting


How to Apply


To apply send your CV to: recruit@flexi-personnel.com latest by 29th November 2021. Indicate Financial Controller on the email subject for easier retrieval and placement.


NB: Flexi Personnel does not charge candidates for job placement


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