Senior Accountant at Rose Avenue Group

To effectively execute and supervise the financial activities of the team so as to attain a reliable, consistent and high standard service delivery for the business.

Ensure continued balance of efficiency and effectiveness in the execution and supervision of financial and accounting transactions and activities in order to deliver value for the business.

Key Performance Areas

• To participate in and support the Head of Finance in developing financial plans for the business and department.
  • Track, analyse and report on business and departmental performance against key metrics
  • Liaise with the Head of Finance and relevant business and function heads in setting, budgets as per the stipulated formats and within the laid down timelines.
  • Prepare forecasts and cash flow analysis and submit to the Head of Finance for review and finalisations on a monthly and quarterly basis.
  • Prepare management reports on a timely basis to inform business reporting and decision making.
  • Prepare and submit monthly variance analysis (budget vs actual)
  • Identify, track, report on the financial risks likely to be faced by the company and make recommendations on effective mitigants to the Head of Finance and relevant business heads.
• Understand and continuously comply with business internal control objectives and group policies.
  • Adhere to and enforce all group and business financial, accounting and internal controls.
  • Participate in the development, implementation and enforcement of policies and procedures that ensure all financial information and records are secure and stored in compliance with business requirements.
• Maintain timely and accurate financial statements and reports.
  • Prepare reports in accordance with generally accepted accounting principles.
  • Prepare and submit reports in line with regulatory and statutory requirements and meet group and business needs.
  • Prepare accurate and timely monthly in-country reports (25th – 12th) for submission to company
  • Prepare accurate and timely consolidated reports for submission to the Group.
  • Prepare quarterly, half-year and end-year reports for the ARC (Audit & Risk Committee)/ Board.
• 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.
• Debtor management.
  • Prepare and submit ageing analysis by the 5^th of every month
  • Carry out monthly reconciliations with the operations team.
  • Carry out collections within 30 days and not longer than 90 days in liaison with the Portfolio Managers and Business Development teams.
  • Doubtful debt provisions computed and submitted 10 days before quarter end for review and sign off.
  • Clear payments in SAP by matching payments to invoices.
• Check and review payment and audit activities to ensure correctness, completeness and timely completion including:
  • Payroll payments.
  • Invoices/ AUMs
  • KRA payments.
  • Monthly audit / month end closure files.
  • Provide support to the business for new products as and when required.
  • Develop and continuously maintain effective business relationships with key stakeholders, South Africa teams, Operations department, Regulators (KRA CMA, URA, TRA etc.) Other functions and business units Suppliers and third party vendors
  • Auditors and tax consultants (internal and external)
• Supervise the activities of the Accountant and Accounts Assistant.
  • Deputise the Head of Finance in his absence.
  • Supervise the activities of the team on a daily basis or as may be necessary.
  • Serve as they key point of contact or liaison for all financial issues and escalate any complex or sensitive issues to the Head of Finance for guidance and or resolution.
  • Allocate and monitor assigned tasks.
  • Provide on-the-job training, coaching and knowledge sharing on a regular basis.
  • Communicate and enforce values, policies, and procedures.
  • And any other finance and business-related duties that may be assigned from time to time.

Education, Experience And Skills

• 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 5 – 7 years’ relevant experience in financial services with at least three (3) years supervisory 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.