Financial Accounting Manager at Oil Libya Kenya - PricewaterhouseCoopers (PwC)

Roles & Responsibilities

• Monitor and analyse the CAPEX spends and hold monthly CAPEX progress meetings with the Engineering team and the Senior Management team.
• Monitor and analyse OPEX to ensure that the organisation operates within agreed budgets
• Prepare Board Papers for Board Meetings and provide detailed commentary.
• Identify and analyze data integrity issues within the ERP system and propose remedial changes to safeguard against financial risk.
• Review project performances against the agreed Discounted Cash Flow in order to produce relevant commentaries for the Business.
• Prepare monthly financial management reports to inform decision making at Business and Group level.
• Develop the annual budget for Treasury, Stock and Credit functions and periodically review the budget to account for variances.
• Manage the company's working capital for informed decision-making.
• Supervise the treasury, stock and credit functions of the business
• Establish, monitor and evaluate the performance of direct reports against sets targets and facilitate personal development plans.
• Interpret and report on the Business Performance metrics and prepare business reviews for management use.
• Oversee external vendor relations, including contracts, billing and internal process support.
• Ensure compliance for all tax reporting and preparation of tax notes for the semi-annual and annual reports.
• Develop and implement internal controls, policies, procedures for the Stock, Credit and Treasury function and other business financial activities of the organization.

Key Metrics

• Ability to produce accurate and insightful profitability analysis that advise key drivers of our Business
• Ability to interpret inventory levels accurately and advise the business on appropriate action.
• Ensure for timely cash reconciliation and reporting for both local and the Group entity.
• Negotiate with financial institutions to ensure the organisation receives low cost credits.
• Implement Group Credit policy (within 90 days) and manage supplier accordingly.

Requirements

• A bachelor degree in Accounting, Commerce or any other related field from a reputable institution.
• At least l0 years working experience in a complex and dynamic organisation. (Big 4 audit firms, banks or sizable organisations would be an added advantage).
• A certified public accountant of Kenya (CPA-K), ACCA or an equivalent qualification. A registered member with the Institute Certified Public Accountant of Kenya (ICPAK) in good standing.
• Experience in consolidated Group Accounting and working knowledge of IFRS and GAAP policies and standards
• An understanding of the downstream Oil and Gas Industry
• Experience in managing and negotiating with a variety of internal and external stakeholder included but not limited to banks, specialist suppliers and government agencies.
• Experience in conducting complex financial analysis, modelling and in developing reports for senior management.
• Ability to effective communicate cross functionally.
• Thorough knowledge of ERP is an Added advantage.

Your application to reach us by Sunday 26th of August 2018.