Finance and sales jobs in kenya.

Our client is the leading manufacturer, supplier and distributor of a complete range of retail, domestic and industrial, manual and electronic equipment in East Africa and is seeking to recruit for the positions of:

MANAGEMENT ACCOUNTANT
This position reports to the Chief Accountant.
Key Responsibilities
• To produce timely and reliable management information reports weekly, monthly and quarterly.
• To develop and control a centralised accounting system to ensure that accounts are effectively managed.
• To investigate variances against budgets and provide analysis of differences.
• To perform month end review of reconciliations for Accounts Payable, VAT, Fixed Assets and general ledger in the finance system.
• Assist in the preparation of annual budgets and cash flow forecasts.
• To prepare the quarterly VAT and PAYE return and ensure that statutory returns and deductions are filed accurately and in time.
• Hold regular meetings with management to discuss the budgetary position and agree action plans where required.
• Assist in establishing and maintaining costing models for the company

Requirements
• B.Com Hons. (Accounting) or B. Admin Hons (Accounting) or BA Hons (Econ)
• CPA Part 3 (Finalist).
• Proficiency in MS office Suite
• Exposure to Accounting Applications and working knowledge of ERPs
• 2 Years experience in similar role or demonstrable experience in Financial / Management Accounting

Personal traits
• Strong written and verbal communication skills
• Highly developed and demonstrated teamwork skills
• High degree of professionalism and integrity
• Good analytical and interpretation skills
• Independent
• Organizational and planning skills.
This is a full time position based in Nairobi.

TECHNICAL SALES REPRESENTATIVES
This position reports to the National Sales Manager.
Key Responsibilities
• Responsibility for achieving monthly/annual sales targets as allocated by the National Sales Manager.
• Compiling market intelligence, machine population data and competitor activities and recommend appropriate strategy to improve company market share.
• Responsibility for all categories of debt collection from customers.
• Preparation of weekly sales planning, daily call reports, and monthly sales reports in line with established procedure.
• Coordinating sales activities and managing the sales budget. Coverage of all existing equipment users in region of responsibility. Identify and report on existing or planned projects.
• Collect information on all equipment in area of responsibility.

Requirements
• BSC Mechanical /Electrical Engineering
• Diploma in Sales and Marketing or a Post Graduate qualification will be an added advantage
• Proficiency in MS Office Suite
• Work experience in the Mechanical or Electrical Industrial products will be an added advantage.
• Must have valid driving license
• 3 – 5 years sales experience. Experience in Industrial Products sales will be an added advantage.

Personality traits
• The ideal candidate will have the following Responsible, flexible and adaptable.
• Strong business acumen.
• Strong communication skills, both oral and written.
• Ability to initiate and maintain good relationships
• Excellent communication skills, both in writing and verbal
• Business etiquette and decorum.

These are full time positions, located in Nairobi, Mombasa and Kisumu but with travel requirements across the Kenya and the East African region.

INVENTORY STORES SUPERVISOR
This position reports to the Chief Accountant.
Key Responsibilities
• Control of stocks as per approved policies and procedures. Receive and verify deliveries of materials/goods
• Issuance of materials to customers (Internal/external)
• Monitor the stock levels and initiate re-ordering process for spares/consumables and new goods
• Minimize/eliminate stock losses by reducing damages and monitoring the expiry dates
• Advise MD as appropriate on slow moving or obsolete stocks
• Maintain records of stores transaction documents
• Update stock levels within the MS GP software system
• Perform any other duties as may be assigned from time to time
• Preparation of detailed monthly inventory reports.

Requirements
• A Business related degree
• Diploma in Purchasing and Supplies
• Proficiency in MS office Suite
• Working knowledge of ERP or related inventory software
• 2 – 3 years work experience in busy stores operations preferably in Industrial Products

Personality traits
• Excellent people relationships
• Flexible and adaptable
• Self sufficient and independent thinking
• Strong communication skills, both oral and written
• Strong sense of responsibility and dependability

This is a full time position located in Nairobi.

Applications must be received on email by 16th April 2010.Send application and CV to careers@workingsmart.biz

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Can someone please explain what is happening in the banking sector?

Why are Kenyan banks outdoing each other in firing  managers and senior staff?

Consider these bad news in the last six months.

1.Barclays Bank Kenya retrenches two hundred managers (I understand the bank surprised the staff with dismissal letters one Friday morning).
2.Equity banks fires a whole department.
3.Kenya Commercial Bank sacks senior managers, and now
4.Co-op Bank retires 34 senior managers in cost cutting plan ( check Business Daily)

Working in a senior post in a bank must be one of the riskiest jobs in Kenya.

I don’t work in a bank, but by the nature of my job, I deal with bankers. It’s a pity to hear that two of the bankers I work with are now gone with the wind. Both are from Co-op Bank and I wonder what criteria they used that affected these ladies.

These were people I spoke with a couple of weeks ago and we even had ongoing transactions.

I even attentioned her in my last letter to the bank, only to be told she had been sacked and a new officer introduced to me. Very active and passionate about their job. They have been in the system for over 6 years.

I was shocked to hear their sack last week.

Well this shows that anything can happen at any time and whats needed in Kenya is for someone to be skilled in one job, work or the other.

Another simple lesson to learn from all these bank retrenchment is to learn how to save for the rainy days.

Sincerely, most Kenyan bankers cant find jobs away from the banking sector because majority of them cant fit into other sectors of the economy.

The job experience gained at the bank level is not easily ‘transferable’

I just want to express my sympathy for those sacked in those banks and to warn the rest of us!!

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By Speider Schneider From Ask-men.com

As far as we have come in equality of the sexes, it is still almost impossible for men and women to work together. Case in point: I recently met a newly jobless friend for lunch to cheer him up and relay some stories that would make his dismissal from his current position a bit more hopeful.

He is a very sharp creative type with an eye toward the future and pushing the envelope. He is hardworking and a no-nonsense guy. He was doomed from the start. We sat down, and he told me the problems he faced.

So It’s Not Just Me

“I just rubbed some of the people who have been there so long the wrong way.” He is very humble, and I knew the entire reason needed to be pulled out of him.

“Some people found you curt or you didn’t involve them enough in decisions?” I asked, having worked with him and seen the internal politics just enough to see the red flags. “It was a female boss, right?”

He looked a bit stunned, but the problem was the distance between Mars and Venus. I relayed stories of a female manager who would call people into her office and trump up something so they would break down and cry so that she would comfort them and tell them everything was all right. Sick! She tried with me a couple of times, but I would argue her points until they were transparent. I think when I left her office, she would cry. Men do this, too. So we share a cruel streak, but I doubt that’s a mutual building block.

What this manager was doing was caring for people. She didn’t see what she was doing as cruel. She was filling people with emotion, dropping them down and picking them up so she would be seen as the confident and nurturing female boss. She was just mental about it!

My friend and I traded more stories and started coming down hard on some of our former female bosses. I had also been totally destroyed by a female manager. She made it her business to see me gone. It was a sharp contrast to the beginning years of our work together. She assigned me special projects and encouraged my future climb up the corporate ladder. Then it all changed in what seemed to be a day.

“She was in love with you,” said a female friend, to whom I related the same story while we had a lunch far enough from the office not to be seen. I was dumbfounded. Except for the jokes around the office, I had no idea she liked me like that.

“When did it change?” she asked.

She overheard me talking about how a woman I liked in another department had put on a lot of weight, and she went off on how she knew what I ‘really thought’ and how I was a ‘typical man,’ and that’s when I started noticing being moved to the D-list.”

My friend, who is one of the sweetest and most intelligent people I know, kept eating her salad and started to explain it to me. “She replaced the intensity of her love for you with hate.”

She kept eating and smiling as if it happens every day. Apparently it does, and what was so easy for a woman to see, I wouldn’t notice if you tied it to a brick and smashed it over my head. I’m a man. I don’t think that way.

My male friend who had met the same fate didn’t spot it as my female friend did. Men aren’t wired the same way women are. Do I even have to mention that?

Are Female Bosses Worse Than Male Ones?

Anyone who comments that male bosses never cross the line with sexual harassment and bullying female employees is either sense impaired or lying. Male bosses love having power over others, and they exercise it as often as possible. But so do female bosses. Having given two weeks’ notice to the small firm where my female boss was abusing me on a daily basis, the very next day I was called into her office where one of the nice female partners fired me while my wannabe-lover stood smiling with her arms crossed. I said, “OK, but don’t you want me to train my replacement?”

“You can go!” said my love-muffin boss as she laughed.

Not just fired but destroyed, in her eyes. I got six months of unemployment because, despite my two-weeks’ notice, I was fired within that time. Men just fire me and try to make it sound as if it’s nobody’s fault. Women, well…

By Speider Schneider

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Position Title: Working Capital-Reporting
Reporting To Head of Working Capital
Duty Station: Nairobi, Kenya

Job Purpose
To prepare, analyze and present working capital reports in order to provide accurate, timely working capital reports to Management

Main Responsibilities and Duties
Management Reporting (MIS) – Develop reports to assist in forward planning and target setting
Monitor performance against targets and alert management on potential instances of underachievement
Be responsible for quality control assessments for MIS data entry and act as first line trouble-shooter and problem solving for data errors.
Responsible for the production of reports for management analysis
Maintain internal procedures to collect and collate information
Provide information and statistics as required
Assess the requirements of reporting systems and produce reports for internal and external use as necessary; creating any additional reports that may be required and maintaining any existing reports to reflect accurately the data held
Management presentations – Produce working capital presentations as required for the Management Team
Prepare and provide presentations with regular reports on progress towards targets, flagging variations and performing initial checks on reasons for under/over achievement for Working Capital
Preparation of Working Capital Management Reports on the achievement of performance targets against a range on internal and external indicators
Synthesize and analyze data and write summary reports by program based on the Monitoring results
In accordance with requirements, create or maintain procedures for capturing and publishing monthly, quarterly, and annual reports
Foreign Exchange Risk Management
Enabling risk management techniques by generating an exposure map
Support foreign exchange risk management framework compliance
Ensure Control and Compliance in all working capital areas
Ensuring compliance with all policies of Working Capital Management
Compliance to Working Capital processes and procedures
Closure of internal audit Working Capital issues-status and compliance
Assist creation of Risk Management Policy document

Education, Skills & Knowledge:
* Bachelor’s Degree in Accounting/Finance.
* MBA desired.
* At least 5 years experience in a finance role, exposure to working capital preferable
* Knowledge of reporting methodologies
* Experience in data analysis/manipulation
* IT skills, particularly in the use of spreadsheets (Excel)
* Knowledge and experience of IT systems in a networked environment.

Specialist Skills required:
* Highly Numerate
* Knowledge of treasury software expertise
* Advanced analytical, organization, and interpersonal skills.
* Advanced spreadsheet and modelling skills.
* Excellent collaboration, verbal and written communication skills.
* Attention to detail and accuracy.
* Interested in process improvement.
* Willing to adapt quickly to changes in direction.
* Internally motivated to seek out answers, generate ideas, and develop new skills

APPLICATION PROCESS
Interested candidates are requested to submit their applications on e-mail, together with the latest copy of CV, day time telephone number and details of their current remuneration to: recruit@idp-ea.com so as to be received on or before Friday 4th March 2011. The interview process will commence immediately CVs are received.

Only candidates who meet the minimum requirements will be contacted.

To View this and other opportunities or upload your CV, visit our website on http://www.idp-ea.com/featured-jobs/ Member of the DCDM/BDO Organization

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To Receive daily jobs In Kenya in your inbox,please subscribe here below. This entry was posted on Tuesday, February 22nd, 2011 at 8:20 PM and is filed under ACCOUNTING AND FINANCE. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.

Position Title: Working Capital-Treasury & Banking
Reporting To Head of Working Capital
Duty Station: Nairobi, Kenya

Job Purpose
To assess, monitor, plan and manage the efficient utilization of cash and financial services in a manner consistent with the Company objectives.

Main Responsibilities and Duties
o Support effective Debt and Capital Structure Management
+ Organize for effective capital structure management
+ Follow up on upstream and downstream process in line with the Company’s liquidity needs
+ Execute appropriate documentation for all shareholder loans

o Implement effective Working Capital management techniques in order to ensure that efficient levels are maintained at all times

+ Monitor efficiency levels of both components of Working Capital, current assets and current liabilities, in respect to each other.

o Ensure the existence of a proper Architecture –Policies and procedures for working capital

+ Assist in one time Set up of ‘Cash Management Process /Structure (Zero balancing/Notional Pooling)
+ Help disseminate treasury policies on Banking, Investment and Hedging
+ Administer the Working Capital approval matrix
+ Periodical self certification from the Company on treasury related policies & procedures
o Support implementation of proper and effective Technology for working capital in Africa
+ Evaluate and deploy relevant technology and systems for Working Capital
+ Development of Working Capital Manual setting out standard practices
o Ensure effective implementation of Banking Management processes across Africa
+ Cash management & bank reconciliation
+ Meet with cash management banks to plan cash management vs. the Company’s needs.
+ Managing investment portfolio of the organization by appropriate application of funds with an objective to maintain the required liquidity and to ensure optimum returns at minimum risk
+ Arranging working capital limits from various banks for the group companies, and managing overall banking relationships

Education, Skills & Knowledge:

* Bachelor’s Degree in Accounting/Finance.
* MBA desired.
* At least 5 years experience in finance exposure to cash forecasts and cash flow analyses preferable.
* Experience in building complex financial models to evaluate various financial plans.
* Experience in presenting and preparing proposals to recommend new products/services
* Knowledge of investment portfolio strategy, banking, and financial instruments.
* General knowledge of GAAP and SEC reporting requirements for investments and other financial instruments.
* Knowledge of treasury software expertise a plus.
* Advanced analytical, organization, and interpersonal skills.
* Advanced spreadsheet and modelling skills.
* Excellent collaboration, verbal and written communication skills.
* Ability to break down problems into meaningful parts and come to rational and well-thought out conclusions.
* Demonstrated strong project management skills.
* Attention to detail and accuracy.
* Interested in process improvement.
* Willing to adapt quickly to changes in direction.
* Internally motivated to seek out answers, generate ideas, and develop new skills.

APPLICATION PROCESS

Interested candidates are requested to submit their applications on e-mail, together with the latest copy of CV, day time telephone number and details of their current remuneration to: recruit@idp-ea.com so as to be received on or before Friday 4th March 2011.

The interview process will commence immediately CVs are received. Only candidates who meet the minimum requirements will be contacted.

To View this and other opportunities or upload your CV, visit our website on http://www.idp-ea.com/featured-jobs/ Member of the DCDM/BDO Organization

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Working Capital Reporting Job.Working Capital Reporting Job.Financial Advisors Jobs Vacancy Kenya.Financial Advisors Jobs Vacancy Kenya.

To Receive daily jobs In Kenya in your inbox,please subscribe here below. This entry was posted on Tuesday, February 22nd, 2011 at 8:25 PM and is filed under ACCOUNTING AND FINANCE. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.

We all know about the Kirima family. Though the saga has cooled off it was not a good sight all. But that is family for you. Unlike friends, you can only work with what ‘God’ has given you.

On another note, have you ever wondered how it is to work in a family run business like the one for Kirima? To be caught in the cross fire when things are not working? Many of us start our careers in small or medium sized firms mostly owned and run by the family.

I went out and interviewed a good friend who has worked in such a situation and this was his candid response.

My life working for the family.

I worked for a small family business for about six years. It had many ups and downs, especially when I was trying to compete for gratitude, amongst all of the family favoritism!

It was a Father-Daughter-Son operation, with about ten additional employees. The Son’s name sat proudly over the entrance to the business, but he was NOT a part of it! This left the Father and the Daughter, fighting in the wings, over the direction and the future of their concern.

The Son drew a substantial salary from the company, while he operated his own business in another part of the city. The Family business was quite small and the draw on funds, gave the Family Members, precedence over the non-family’ employees.

I was struggling with a low pay and two young children at the time, so I worked extra hard, as Manager, to keep my position and satisfy all; with this knowledge in hand, I was in fact, taken much advantage of!
I found that I had to reinvent my duties, so that I could be respected.

It did, however come naturally to me, as my survival depended on it! I had to make sure that I became irreplaceable, but it was difficult to do.

For some reason, the Father thought that he knew best and the Daughter thought the same! When ever anything went wrong, they would first, look to each other and if the blame could not be found there, they would look to me.

It was difficult for me to show them that everything was running smoothly, however, I learned, that they just wanted more profits to fuel their needs.

So I increased their sales and got them new customers. I even got back some of the customers that they had lost over the years. One day, I became very ill and could not go to work. They were not concerned with my well being and the fact that I had become the backbone of their company, was completely over their heads!

With all of their internal quarreling, they had grown oblivious to the fact that without me there, things would not run smoothly; Instead of showing me concern, they were very rude and thought that what ever I did for them, was neither here nor there; They thought that they could do it better themselves!

After three days of my absence, they started to realize that things were not going smoothly and they would call me regularly, for advice. Not only was I responsible for purchasing and management, I was also responsible for over half of their sales!

When I returned, after over a week, they told me that they could not believe how much business I generated for them and they praised me for all of my hard work! I received an absent King’s welcome!

Finally, I gained respect and was not taken for granted! I asked for a raise and I got it! Even though I was not family, in the future, I was treated almost like their absent son.

There you have it.

Have you ever worked for a family owned biashara and how was it?

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