Thursday, January 20, 2011

CBI Financial Reporting Accountant Job Vacancy

City: Nairobi

External relationships: Blue chip and SME clients to director level

Internal relationships: Back Office Administration, CBI Board and Sales and marketing team

Reporting

This position reports directly to the Director of Finance and Strategy. In addition to their accounting duties, the financial reporting accountant will also oversee all administration issues of CBI.

Duties and Responsibilities:

* Providing and interpreting financial information;
* Monitoring and interpreting cash flows and predicting future trends;
* Analyzing change and advising accordingly;
* Researching and reporting on factors influencing business performance;
* Developing financial management mechanisms that minimize financial risk;
* Conducting reviews and evaluations for cost-reduction opportunities;
* Managing the company's financial accounting, monitoring and reporting systems;
* Liaising with auditors to ensure annual monitoring is carried out;
* Developing external relationships with appropriate contacts i.e. auditors, bankers and statutory organizations such as KRA;
* Producing accurate financial reports to specific deadlines;
* Managing budgets;
* Arranging new sources of finance for the company's debt facilities;
* Supervising departmental staff;
* Keeping abreast of changes in financial regulations and legislation.
* Generate and manage payroll administration, implementation of internal controls.
* Make regular reports to senior management on income, expenditure and any variations from budgets.
* Authorize expenditure up to limits as agreed by the board of directors
* Identify and implement plans with the assistance of the human resource manager for department training and development needs.
* Review collection reports to determine the status of collections and the amounts of outstanding balances.

Knowledge and Skills:

* Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data.
* Knowledge of business and management principles involved in strategic planning and resource allocation.
* Knowledge of the law and government regulations.
* Knowledge of capital raising strategies that support a firm’s expansion.
* Monitor cash flows and trends.
* Knowledge of the training requirements in the financial department that assist in creation of a training programme.
* Keenness of detail that allows for easy detection of errors or problems resulting in quick rectification.
* Ability to assess individual as well as team performance.

Work Abilities:

* Ensure continual teamwork within the department.
* Ensure integrity and honesty when performing duties at all times.
* Ability to take on responsibilities and challenges.
* Ensure team motivation is maintained while offering direction and guidance.
* Delegate work to other individuals within the team.
* Strong business acumen.
* Ability to understand different operating businesses and dynamic working environments.
* Exposure to International Financial Reporting Standards.

Minimum Qualifications:

* An undergraduate degree in accounting or finance. An MBA will be an added advantage.
* A qualified Accountant with CPA (K), ACCA or CFA professional qualifications.
* A minimum of 3 years relevant experience in the same position.
* Experience in implementing and utilising ERPs
* Organized, numerate, analytical and fully computer literate.
* Demonstrate good communication and leadership skills with high personal integrity.

If you meet the above, kindly send your application along with an up-to-date CV with telephone contacts for three professional referees to jobs@cbi-360.com including your telephone contact by 25th January 2011.

Attention it to the HR Manager.

Also quote your expected remuneration package.

Only short-listed candidates will be contacted.

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