JOB TITLE: CHIEF ACCOUNTANT
About This Job:
Q-Sourcing Limited trading as Q-Sourcing Servtec is a manpower management solutions firm operating in the East African Region in the countries of Uganda, Kenya, Tanzania, Rwanda, and South Sudan.
On behalf of our client in the retail industry, we are looking for a competent, skilled, and experienced Chief Accountant to work in Nairobi.
Job Summary:
The Chief accountant is responsible for establishing a reliable financial reporting system in compliance with internal guidelines and procedures which monitors the achievements of the store’s 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.
DUTIES & RESPONSIBILITIES:
Budget and Cost Control
- Assist in monitoring the allocated budget for the store to ensure compliance and highlight possible issues
- Provide inputs on the preparation of the 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 those 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 analyze 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 financial 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 a summary of asset information to the management regularly
- Responsible for business analysis and modeling 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 the implementation of the performance management process by setting objectives, monitoring performance, and providing 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 Human Capital department to ensure the facilitation of training requirements
- Develop and implement on the job-training for the team
- Provide inputs for the development of the annual manpower plan
- Ensure the implementation of Retail’s corporate policies and relevant procedures
KNOWLEDGE, SKILLS, AND EXPERIENCE:
- Bachelor’s Degree in Finance, Business Administration, or Commerce
- A minimum of 5 years in a similar role, of which 2+ years in retail business
- Strong analytical and technical skills in financial analysis and reporting
- Good project management skills
- Knowledge of MS Office, particularly modeling in Excel
- ICPAK Membership
- Presentation skills
- Accounting concepts and knowledge of IFRS
- Investment appraisal process and capital budgeting
Application procedure:
Interested and qualified applicants should submit their applications through the link below.
https://qsourcingservtec.applytojob.com/apply/pt5kW5reVS/QSSKMCFCACHIEF-ACCOUNTANT
Note:
Only shortlisted applicants will be contacted.
Q-SOURCING SERVTEC IS AN EQUAL OPPORTUNITY EMPLOYER. ANY SOLICITATION WILL LEAD TO DISQUALIFICATION.
To apply for this job please visit qsourcingservtec.applytojob.com.
