Financial Controller

Aga Khan Education Service Kenya is a non-profit organization that operates 11 schools in Kenya. The Financial Controller is the most senior finance position in the company and will be responsible for all aspects of financial management and control for AKES-Kenya's operations. S/he will implement Accounting systems and controls, provide monthly financial reporting, develop budgets and systems for controlling and monitoring expenses, manage working capital and cash-flow. The position will be based in Nairobi

Responsibilities

To develop a sound internal control environment to ensure that the assets of the company are secured, that there is adequate control over inventory movement and usage, and that the integrity of the financial reporting system is maintained.

To develop benchmarks against which performance can be monitored. This includes building systems and procedures for monitoring of actual performance against budgets and benchmarks including variance analysis of actual performance against these benchmarks and the budgets.

To facilitate, in consultation with the CEO, the development of the business plan and to co-ordinate the preparation of the company's annual and rolling budgets, including capital, income and expenditure, working capital and human resource budgets, and to assist the heads of departments in the preparation of their departmental plans and budgets.

Minimize the working capital investment by the efficient management of cash, inventories, receivable and payables.

To develop an effective management information system including report formats which provide accurate and timely information and which assist the management in controlling the operations, decision making and maximising efficiency.

To manage accounts receivable, credit extension and collection activities including setting proper guidelines and credit control procedures and to monitor and enforce the agreed collection process.

To prepare and to submit the reports required by regulatory authorities and to apply for the annual licences and ensuring timeliness and adherence to the requirements.

To supervise and coordinate the preparation, on a timely basis, of the company's management and the audited financial statements and reports and to ensure their accuracy and timeliness in accordance with the laid down accounting polices and legal requirements. To liaise with the company auditors, company secretaries and tax consultants on all matters affecting the company and to ensure compliance with all statutory matters and deadlines.

To ensure the follow up of all internal and external audit reports and to develop a timetable for the implementation of weaknesses identified.

To supervise the preparation and disbursement of the payroll and to ensure that all applicable statutory deductions are made and remitted to relevant authorities on a timely basis.

To recruit suitably qualified staff and maintain their job descriptions and carry out half-yearly performance review of all the department staff against agreed objectives.

To coordinate staff management and development matters including performance appraisals and identification of training needs in the department and to liaise with the human resource manager for inclusion of those training needs into the annual company training programme.

To emphasize professional qualifications and continuing professional education in line with career development amongst all staff in the department.

To manage the staff in the department in a way that ensures a high degree of motivation, efficiency and discipline in all activities.

The Requirements

Bachelor's degree from an accredited university.

ACCA or equivalent certification

Minimum 5 years work experience in senior finance and accounting management positions in a medium-sized organization with multiple units or branches.

Excellent Information Technology skills, with experience in implementation of computerized financial and accounting systems.

Have a keen business sense

Excellent written and verbal communications skills

Excellent interpersonal skills

Be innovative, dynamic, enthusiastic and able to work with minimum supervision.

Excellent report writing and presentation skills

Able to travel frequently within Kenya.

Salary & International Package
Salary and package to attract the best candidate