Group Finance Manager job at African Management Institute (AMI)

Vacancy title:
Group Finance Manager

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

Jobs at:

African Management Institute (AMI)

Deadline of this Job:
03 October 2022  

Duty Station:
Within Kenya , Nairobi , East Africa

Date Posted: Monday, September 19, 2022 , Base Salary: Not Disclosed

Similar Jobs in Kenya
Learn more about African Management Institute (AMI)
African Management Institute (AMI) jobs in Kenya

Group Finance Manager

Financial Management
• Manage the finance team and oversee the daily operations including accounts payable/receivable, payroll, tax compliance, inter-group transactions and reconciliations
• Develop, review, and implement appropriate internal control systems and financial procedures across the group to strengthen finance systems and processes.
• Ensure all supplier invoices, customer invoices and staff salaries and expenses are accurate and authorized in line with budget
• Reconcile key accounts regularly and confirm accuracy of account postings and other financial records

Financial Reporting and analysis
• Manage the month end timetable across the group to ensure monthly accounts are prepared and analysed for delivery on time to the CEO and Board
• Prepare a narrative for the CFO to compare actual versus budget with an explanation of key variances
• Submit monthly accounts to Country Managers/Departmental budget holders to support decision making to achieving their financial and operational goals

Budgeting and forecasting
• Contribute to annual and quarterly budgeting and forecasting and assist Country/Departmental Managers in the same
• Provide regular and accurate analysis of budgets, financial trends and recommendations for budget holders and managers
• Provide explanation for variances, reconcile financial discrepancies; analyse account information to identify areas for potential improvement.

Cash Management and Treasury
• Manage cash across the group to ensure there are sufficient funds in place to pay staff, suppliers, and others
• Manage and monitor bank accounts across the group and work closely with AMI company secretarial team in Mauritius to ensure compliance with head office procedures. Authorise payments in line with financial authority levels.
• Manage foreign currency balances to minimize exposure to exchange rate fluctuations and liaise with banks and brokers to obtain best prices for foreign currency transactions

Compliance and governance
• Manage the audit process liaising with group and subsidiary auditors to ensure a well- executed audit process. Follow up and implement internal and external audit findings and issues raised
• Ensure compliance with local VAT, income tax, WHT and statutory reporting requirements (liaising with tax and other advisors as necessary)
• Ensure that financial policies and procedures are adequate, appropriate, and implemented across the group
• Guide and coach non-financial managers and staff in budget management, cost control, and adherence to financial processes and procedures

Team Management
• Provide leadership and oversee the day-to-day operations of the finance department, set goals and objectives for departmental staff
• Implement, monitor, and facilitate performance management programs

Job Experience: No Requirements

Work Hours: 8

Level of Education:
Bachelor Degree

Job application procedure

Interested and qualified? Go to African Management Institute (AMI) on to apply

All Jobs


Job Info
Job Category: Accounting/ Finance jobs in Kenya
Job Type: Full-time
Deadline of this Job: 03 October 2022
Duty Station: Nairobi
Posted: 19-09-2022
No of Jobs: 1
Start Publishing: 19-09-2022
Stop Publishing (Put date of 2030): 19-09-2066
Apply Now

Notification Board:

Join a Focused Community on job search to uncover both advertised and non-advertised jobs that you may not be aware of. A jobs WhatsApp Group Community can ensure that you know the opportunities happening around you and a jobs Facebook Group Community provides an opportunity to discuss with employers who need to fill urgent position. Click the links to join. You can view previously sent Email Alerts here incase you missed them and Subscribe so that you never miss out.

Caution: Never Pay Money in a Recruitment Process.

Some smart scams can trick you into paying for Psychometric Tests.