Head of Department; Financial Operations at Safaricom Kenya

Job Description

We are pleased to announce the following vacancy in the Financial Operations department of the Finance division. In keeping with our current business needs, we are looking for a person who meets the criteria indicated below.

Brief Posting Description                 

Reporting to the Chief Financial Officer, the core purpose of the role holder is to oversee all financial operations of the business as Financial Controller to ensure they comply to statutory, regulatory and board mandated standards. These include, statutory reporting, revenue and cost accounting, treasury management, tax management, drafting and implementing finance policies and improving the digitization of the scalable, repeatable finance processes.

Job Responsibilities             

• Overseeing statutory reporting and audits as prescribed by the company financial calendar
• Monthly financial statements for presentation to management and the board of directors and preparation for the public announcements of the results at interim and year end
• Collaborate with IT on finance projects mainly around the main systems used for enhancing the efficiencies of processing information and also enhancing internal controls within finance and linkages to other business departments
• Oversee financial reporting to Vodafone & Vodacom including certifications
• Ensure timeliness of processing of financial information for submission from EPM to the Oracle Fixed
• Asset module for capitalization including acquire to retire process
• Tax compliance, reporting, advocacy and planning
• Define and align the Finance Operations goals and objectives against the Finance initiatives
• Identify areas for digitization, simplification and automation for process improvement and using robotic process technology to eliminate repetitive tasks
• Establish and rollout a mix of an agile and project methodology with stakeholders across the business to ensure any input required from the department is thorough and timely and build in to the project deliverables
• Oversee financial operations for subsidiaries and joint venture entities
• Oversee relationship with bankers, suppliers, dealers, agents and regulators
• Ensure internal controls that safeguard company assets

Qualifications

• Upper level degree from a recognized university in a business-related field and/or Finance
• At least one full professional qualification in accounting namely CPA, ACCA, CIMA or an equivalent (a qualification in IT is an added advantage).
• At least 10 years accounting experience of which at least 5 years administering an ERP application.
• Understanding of the international financial reporting standards and their application. Attention to detail with good organizational, planning, report writing and presentation skills.
• Proactive, confident, energetic with the ability to work under pressure, to tight schedules/deadlines with effective monitoring and follow up on all actions taken.
• Demonstratable experience in team leadership with a track record of performance management