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Essilor International S.A. is a French company that produces ophthalmic lenses along with ophthalmic optical equipment. It is based in Charenton-le-Pont, France, and quoted on the Euronext Paris Stock Exchange.
Job description
Our subsidiary in Kenya is looking for a Finance Manager to oversee the function for Kenya and prepare for the expansion plans of the Organization throughout East Africa. The successful candidate shall be strong in financial reporting, local statutory requirements, financial advice and direction, budgeting, growth and profitability, coordination of finance teams. He/She will work closely with the Regional Finance Manager for East Africa and with our Regional Head Office in Dubai, and will manage his own team within the Organization.
Key points:
Main Duties and Responsibilities
Accounting, systems and financial controls
• Develop and oversee the continuous improvement of accounting and financial processes and the development of the team with the goal to achieve best practices, accuracy and efficiency.
• Develop and oversee accounting policies and procedures to meet IFRS and Essilor Group standards
• Drive information systems evolutions to support the finance and business needs
• Oversee the external audit, review the audited statutory accounts.
Management reporting
• Oversee the financial management reporting process
• Present monthly and year-to-date financials with accompanying analysis of results to management team and regional head office.
• Ensure financial management reporting tools and processes are in place to support the ongoing and future needs of the business.
• Ensure timely submission of all internal reporting requirements to head office
• Identify and present profitability improvement initiatives
• Conduct ad hoc financial analysis as required.
Budgeting / Planning
• Coordinate the annual forecasting and budgeting process.
• Provide visibility on performance of the overall company and each business unit against budget / forecast
Cash and risk management
• Oversee the cash management function, including banking relationships
• Optimize cash position, develop cash flow forecasting
• Review and approve all capital expenditure projects
• Set relevant KPIs to improve working capital (inventory, receivables, payables)
• Support management teams in defining processes to improve receivables collection and stock level
• Ensure appropriate legal review of contracts and solicit internal and external legal advice when required.
Meet legal and tax requirements
• Oversee preparation of tax returns and review final returns prior to submission to the tax authorities
• Ensure proper documentation of transfer pricing policy in compliance with local requirements
• Ensure submission of all reporting requirements including statutory accounts to local authorities
The above duties are not exhaustive and may be amended from time to time as deemed necessary by the Executive Management.
Qualifications and Experience
Skills Required
Soft skills
Region of Coverage:
Transversal Responsibilities:
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