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  • Posted: Mar 27, 2017
    Deadline: Not specified
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    Rose Avenue Consulting Group is a financial management, strategy and consulting firm that combines deep industry knowledge with specialized expertise in corporate finance, strategy and research. Together with our clients and partnering companies we address our client’s most critical issues and challenges. RACG aims to provide a globally consistent s...
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    Head of Finance and Administration

    Overall Purpose

    To direct, control and effectively manage all financial and administrative resources and services so as to attain reliable, consistent and high standard service to delivery standards for the business to support the attainment of corporate goals.

    Ensure continued balance of efficiency, effectiveness, growth and control of the function in order to deliver value for the business.

    Responsibilities for the Head of Finance and Administration Job

    • Partner with the leadership teams in developing short, medium and long-term financial plans for the business.
    • Track, measure, analyse and report business performance against key metrics.
    • Set and monitor budgets, forecasts and cash flow analysis, ensure management accounts accurately reflect business activity and can inform decision making at all levels.
    • Identify, track, report on the overall financial risk management processes.
    • Ensure that the Boards, MDs and management teams of each country are adequately and continually appraised of all financial risks.
    • Provide effective mitigants for all documented and undocumented financial risks faced by SKL, SUL and STL.
    • Deliver on business internal control objectives and group policies, Implement and enforce financial, accounting and internal control policies that are responsive to the Group’s and business requirements, Develop, implement and enforce policies and procedures that ensure all financial information and records are secure and stored in compliance with business requirements.
    • Develop and maintain timely and accurate financial statements and reports, ensure reports are fit for purpose/ are appropriate for the users and in accordance with generally accepted accounting principles, Prepare and submit reports in line with regulatory and statutory requirements and meet head office requirements and individual country business needs.
    • Prepare accurate and timely monthly, half-year and end-year reports, Develop, maintain and oversee financial accounting systems, manage all intercompany transactions.
    • Oversee and ensure the accuracy of all accounting activities and transactions including cash management, reconciliations, variance analysis, general ledger etc.
    • Effectively manage the capital adequacy requirements of the business.
    • Proactively monitor on an on-going basis to ensure that the business complies with regulatory, statutory, group and business requirements.
    • Prepare and submit adequacy reports in line with regulatory requirements.
    • The tax processes such as computations, submissions, reconciliations etc. to ensure continued compliance.
    • Provide support to the business for new products.
    • Manage all audit processes.
    • Prepare for internal and external audit processes and ensure all information and documentation is available.
    • Proactively address and resolve all audit findings as reported.
    • Liaise with the appointed auditors to ensure statutory accounts are produced within the required deadlines.
    • Oversee and supervise the administrative function.
    • Provide efficient facility management services including the safety of the work environment, management of parking facilities, provision of furnishings and equipment necessary for effective operations etc.
    • Oversee and review on an on-going basis all supplier contracts, / SLAs and other financial commitments to ensure they are fit for purposes and deliver value for the business.
    • Direct the activities of the finance and administrative function.
    • Provide proactive leadership, training and supervision of the function.
    • Determine team accountabilities through effective allocation of roles.
    • Communicated and enforcing values, policies, and procedures.
    • Monitor, appraise, and review team and individual KPIs.

    Qualifications for the Head of Finance & Administration Job

    • A degree in finance from a recognised and reputable institution of higher learning.
    • A fully qualified accountant (ACCA, CPA-K, CA) with a current membership a recognized professional accounting body.
    • Minimum 10 years’ relevant experience in financial services with at least five (5) years management experience.
    • Knowledge of SAP and other financial/ accounting packages.
    • Ethical behaviour and business practices: ensure own behaviour and the behaviour of others is consistent with ethical standards and acceptable business practices; aligned to the values of the organization.
    • Business focus: commercially astute, attuned to regulatory and statutory obligations, understands the local and regional business environments.
    • Leader, accountable: positively influence others to achieve results that are in the best interest of the organization. Effective delegator with the ability to develop, monitor and coach teams.
    • Builds relationships: establish and maintain positive internal and external working relationships; build trust; anticipate, understand, and respond to the needs of internal and external clients to meet or exceed their expectations within the defined parameters.
    • Organized/ planner: set priorities and goals, and monitor progress; determine strategies to move the business forward; implement actions plans and evaluate the process and results.
    • Problem solver/ takes decisions: assess/ analyse problem situations to identify causes, gather and process relevant information, generate possible solutions, and make recommendations and/or resolve the problem; makes clear decisions that are timely and in the best interests of the organisation
    • Effective communicator: communicate in a clear and timely manner using appropriate and effective communication tools and techniques. Able to communicate complex financial data and information to managers with non-financial expertise.
    • Foster teamwork: work cooperatively and effectively with others to set goals, resolve problem, and make decisions that enhance organizational effectiveness.

    Method of Application

    Kindly send your CV and cover letter detailing your experience, qualification and motivation for the job to newton@racg.co.ke copy to recruitment@racg.co.ke, clearly indicating the job title as the subject and address it to the Recruitment Manager as soon as you read this advert. Indicate current salary and expected salary.

     

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