Finance and Accounts Officer at Wisen HR

Job purpose summary:

 Responsible for ensuring that commercially focused information is provided to the management team to aid in timely and sound business decision making by maintaining financial and accounting services.

Job responsibilities:

Financial interpretation and analysis

• Prepare monthly analysis of cost of goods sold and operational expenses against prior year and budget, providing explanations and business solutions to help mitigate the risks.
• Partner with product management in determining financial impact due to product cost reductions, new product rollout etc. and prepare periodic fore casts to update management on projected results.
• Analyse financial performance against key business metrics and document pertinent financial highlights that will enable management to determine progress against budgets.
• Presenting and reporting accurate and timely historical financial information of the company to all the company’s stakeholders including shareholders, analysts, creditors, employees and other members of management.
• Interpret the company’s financial results to management and recommend improvement
• activities
• Report to management on variances from the established budget and the reasons for those variances
• Design and lead the annual budgeting and forecasting activities for the company.
• Prepares departmental budgets and monitors departmental expenditures.
• Assist in the determination of project pricing in relation to features offered and competitor
• pricing
• Investing the company’s money, taking into consideration risk and liquidity.
• Ensure compliance in all taxation processes
• Maintain a documented system of accounting policies and procedures
• Oversee the capital structure of the company, determining the best mix of debt, equity and internal financing
• Identify and report what areas of a company are most efficient and how the company can capitalize on this information

Accounting

• Establish, maintain and reconcile the general ledger, petty cash and bank accounts
• Establish and maintain supplier accounts and process supplier invoices
• Maintain the purchase order systems and financial file record keeping
• Prepare cheques for all accounts due within the specified timelines.
• Ensure transactions are properly recorded and entered into the computerized accounting system.
• Prepare profit & loss accounts, balance sheets, monthly financial statements, monthly reports and report on any variances.
• Maintain and reconcile the accounts payable and accounts receivable systems in order to ensure complete and accurate records of all monies
• Prepare accurate journal summaries on a monthly basis
• Prepares the weekly debtors/creditors report to aid Management in decision – making.
• Organizes a recovery system and initiates and follows up on collection of all outstanding debt from suppliers.
• Calculate employee salaries, deductions and contributions and submit remittances of Tax returns, PAYE, NSSF, and NHIF on a timely basis.
• Prepare, review and file payroll summaries, journals and reports.
• Order office supplies and manage the filing, storage and security of financial documents.
• Maintain booking registers, issue payments for work permits and licenses within the specified timelines.

 Qualifications

• Bachelor’s degree in finance, accounting, mathematics, economics, business and a CPA (KK)) required. Master’s degree in business administration, finance, or accounting is an added advantage.
• 3 + years of experience in similar position; experience with operations in a film production company preferred.
• Strong attention to detail and ability to multitask.
• Experience using financial management software – QuickBooks, Sage, Pastel, preparing financial statements, and managing tax preparation and submission.
• Have a flare for numbers, work well with people, aggressively anticipate impacts of workload/issues to deadlines and have a very positive work attitude including willing to work some longer hours during peak periods.
• Proficiency in Microsoft Word, Outlook and PowerPoint and advanced Excel skills.
• Strong organizational, analytical and interpersonal skills.
• Strong verbal and written communication skills.
• Self – motivated to learn new concepts and participate in new projects.