Head Of Finance At Pkf Firms

Job Purpose

This position will ensure that the company's financial resources are managed in accordance with sound financial management principles and ensure timely production of financial reports to the stakeholders.

Key duties and responsibilities

• Oversee all investment activities including putting in place appropriate strategies that are in line with company policy including risk management guidelines.
• Ensure sound corporate governance by identifying risks and developing and implementing proper controls in order to minimise those risks.
• Formulate and implement sound financial and accounting policies, procedures and systems which are compliant with acceptable accounting policies and legal requirements
• Develop systems for the effective and efficient management of financial resources
• Ensure timely and accurate accounting, reporting and analysis in order to aid management decision making
• Ensure efficient revenue collection, disbursements, accounting and reporting
• Establish the necessary systems and procedures to safeguard fixed assets including the maintenance of complete accurate and up to date fixed assets register/records.
• Ensure financial reports are prepared and submitted in compliance with the company requirements
• Provide a system for recording of financial and accounting information foe externally funded projects and control of all externally funded expenditure all finance relationships with external agencies and compliance with standards.
• Prepare budgets and periodic financial performance reports for presentation to the Managing Director and Board of Directors
• Monitor budgets against expenditure and advise corrective action where necessary
• Manage of the provision and recording of financial and accounting information for externally-funded projects and the control of all externally funded expenditure
• Provide effective leadership, mentorship, coaching and by example, live the Company's core values and inculcate these among staff under one's management, and provide periodic feedback to direct reports on their performance.
• Discuss career development path with direct reports, training needs, annual appraisal and approval of their leave and travel.

Key Performance Measures

• Timely provision of financial reports
• Implemented financial and accounting policies
• Accurately captured and safeguarded fixed assets
• Effective financial advisory
• Effectiveness and Innovation

Qualifications, Knowledge and Skills

• Bachelor's degree in accounting, Finance, Commerce, Economics, Business Administration, or a related field from a recognized institution.
• Master's degree in finance, Accounting, Business Administration, Economics, or a related field is an added advantage.
• Certified Public Accountant of Kenya (CPA-K), ACCA, CFA, or an equivalent professional qualification.
• ICPAK Membership in good standing.
• Training in Financial Management, Strategic Leadership, Corporate Governance, or Risk Management is an added advantage.
• At least eight (8) years of relevant experience in finance, accounting, budgeting, treasury management, or a related field, five (5) of which should have been in a management position.

Working relationships

• Suppliers and vendors
• Banks and relevant financial institutions

Technical competencies

• Financial reporting
• Financial management
• Analytical skills
• Knowledge of Enterprise of Resource Planning system
• Computer Literacy (Microsoft products)
• Knowledge of relevant financial reporting standards
• Budgeting knowledge

Behavioral competencies

• Excellent leadership skills
• Team building skills
• Good communication
• Strong interpersonal skills
• Good organisational skills
• Supervisory skills
• Ability to work under pressure
• Negotiation skills
• Problem Solving skills