Area Financial Controller job at Flexi Personnel
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Vacancy title:
Area Financial Controller

[ Type: FULL TIME , Industry: Consulting , Category: Accounting & Finance ]

Jobs at:

Flexi Personnel

Deadline of this Job:
20 May 2022  

Duty Station:
Within Kenya , Nairobi , East Africa

Summary
Date Posted: Tuesday, May 17, 2022 , Base Salary: Not Disclosed

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JOB DETAILS:
Area Financial Controller

JOB PURPOSE
The Area Financial Controller is responsible for establishing a reliable financial reporting system in compliance with internal guidelines and procedures which monitors the achievements of the store objectives and provides stakeholders with relevant financial data for the decision-making process. The role holder is also responsible for recommending areas of improvement in order to achieve store targets.

Responsibilities
Budget and Cost Control
• Assist in monitoring allocated budget for the store to ensure compliance and highlight possible issues.
• Provide inputs on the preparation of budget when necessary.
• Provide inputs on cost reduction measures for the store.
Risk Management and Insurance Coverage
• Ensure proper and adequate insurance coverage.
• Ensure that financial aspects of the contracts are adhered to and are renewed in a timely manner.
Internal Control and Audit
• Ensure alignment of procedures with developed by the Finance function.
• Guarantee that the fixed asset register is properly maintained.
• Ensure that payroll is processed accurately and timely.
• Control suppliers’ payment terms and consequences.
• Monitor stock-check, sleeping stock, receiving controls and analyses shrinkage result.
• Perform audits on CCO to minimize cash flow risks, prepare corrective actions and proposals for improvement.
• Ensure the strict implementation of Internal Audit recommendations.
• Review, develop and implement the finance strategy that supports the company’s corporate and business strategies.

Reporting
• Oversee the preparation of store performance analysis by Department/Section
• Prepare business presentations and reports for stakeholders periodically and ad hoc basis when required
• Provide summary of asset information to the management regularly
• Responsible for business analysis and modelling including:
• Monthly financial closing (budgetary control, P&L, Balance Sheet and Cash Flow)
• Monthly forecast
• Annual budget
• Store turnover
• Cash flow

Human Capital Responsibilities
• Assist in implementation of the performance management process by setting objectives, monitoring performance, and provide constructive feedback and provide inputs to senior management
• Provide mentorship for the purpose of developing a continuous talent pipeline for key roles
• Provide inputs on training needs and coordinate with the HC department to ensure facilitation of training requirements
• Develop and implement on the job-training for the team
• Provide inputs for the development of annual manpower plan
• Ensure the implementation of the client’s Retail’s corporate policies and relevant procedures

Qualifications
• Bachelor’s Degree in Finance, Business Administration or Commerce
• Strong analytical and technical skills in financial analysis and reporting
• Good project management skills
• Knowledge of MS Office, particularly modelling in Excel
• Presentation skills
• Accounting concepts and knowledge of IFRS
• Investment appraisal process and capital budgeting
• A minimum of 5 years in a similar role, of which 2+ years must have been in retail business

Job Experience: No Requirements

Work Hours: 8


Level of Education:
Bachelor Degree

Job application procedure
Send your application to recruit@flexi-personnel.com 


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QUICK ALERT SUBSCRIPTION

Job Info
Job Category: Accounting/ Finance jobs in Kenya
Job Type: Full-time
Deadline of this Job: 20 May 2022
Duty Station: Nairobi
Posted: 17-05-2022
No of Jobs: 1
Start Publishing: 17-05-2022
Stop Publishing (Put date of 2030): 17-05-2065
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