Financial Controller at Summit Recruitment and Search

Key Requirements:

• Maintain system of accounts and keep books and records on all transactions and
• Prepare and analyze accurate monthly financial and management reports, including income statement, balance sheet and cash flow statement.
• Monitor performance versus budget and forecasts and provide variance analysis on a periodic basis.
• Financial control of revenue, production cost, overheads, and financing costs.
• Ensure integrity of periodic, quarterly, and annual stock take at all sites and reconciliation thereof to the general ledger.
• Review supplier reconciliations before payments and manage supplier queries and resolution of reconciling items.
• Ensure adherence to financial policies and procedures for the Company and Group.
• Coordinate the preparation of the draft audited financial statements on a quarterly basis.
• Ensure timely and accurate filing of all tax returns and respond to inquiries from Kenya Revenue Authority.
• Ensure timely, accurate and complete preparation of Management Accounts.
• Monitor bank accounts and coordinate cash sweeps to minimize penalties and interest charges.
• Prepare weekly payment forecast based on agreed payment plans and business
• Ensure bank obligations are paid On Time in Full (OTIF) including letters of credit (LC’s), bills of exchange, stock loans, commercial loans, asset finance and insurance premium finance (IPF).
• Assist in preparation of annual budgets (Annual Operating Plan) and monthly forecasts (S&OP).
• Identify variances from the budget and report significant issues to management and provide for a system of management cost
• Coordinate interim and annual audits to ensure completion within budget and deadlines.
• Ensure timely payment and renewal of appropriate insurance covers.

 Qualifications:

• Bachelor’s degree (from a reputable institution) in Finance or Accounting.
• Certified Accountant – CPA (K) or ACCA.
• Minimum 5 years’ experience in an accounting department in a manufacturing environment.
• Experience in audit, reporting, budgeting, and financial controlling.
• Mastery of Excel, strong analytical skills, and organizational skills with great attention to details.
• High level of integrity and a strong sense of business control.
• Strong numerical aptitude, good communication and interpersonal skills, ability to build trust.
• Ability to lead, contribute, and influence others in a team setting.

Deadline for applications: 12th Aug 2023