Old Mutual Kenya
Job Description
The Finance Manager -Operations reports to the Financial Controller and is responsible for overseeing financial accounts, internal controls and bank reconciliations.
Key Measurable Goals
- Effective management of suppliers’ payments, statutory payments, utility bills and all branch and Head Office imprests.
- To ensure internal and bank reconciliations are done on timely basis and closing all outstanding issues.
- Budgetary and Business planning
- Tax computation and Management.
- Liaison with administration and procurement department in regard to suppliers and procurement issues.
- Liaison with Internal and External auditors.
Key Responsibilities
Finance OperationsÂ
- Effective management of suppliers payments, timely and accurate statutory payments, utility bills and all supplier payments
- Oversight on Petty cash & imprest administration ensuring branches are adequately replenished at all times.
- Management of staff advances and settlements.
- Liaising with Procurement & Admin Manager ensuring that Creditors and suppliers are managed satisfactorily.
- Liaising with internal and External Auditors in carrying out periodical and Year end Audits respectively.
- Monitor and control the bank’s budget variance to remain within acceptable range.
Internal Controls & Bank Reconciliations
- Ensuring that all control account reconciliations are carried out on a timely basis for all control accounts and reconciling items are dealt with on time.
- Ensuring that all bank reconciliations are carried out on a timely basis, investigations done on outstanding items and cleared.
- Ensure good bank relationship management for purposes of correction and issuing of paying instructions.
- Ensuring that all fixed assets are adequately recorded, reconciled and reported.
Budget Preparations and Business planning
- Involved in Business planning and budget preparation.
- Budget control and monitoring by ensuring the budget holders take charge of their costs and through variance reports.
- Support and/or undertake cost benefit analysis on all expenditures and investments.
Taxation
- To ensure that monthly Tax computations are prepared and made on time such as PAYE, reverse tax and withholding tax.
- Perform a quarterly tax health check.
Leadership
- Mentor and develop the team, managing work allocation, training, problem resolution and leave management.
Bankwide AML, KYC & CFT
- Monitor, on a continuous basis, all transactions to ensure that unusual and suspicious transactions are reported to the Money Laundering Reporting Officer (MLRO)
- Implementing and enforcing the board approved AML, KYC & CFT policy in as far as is applicable within my area of responsibility
Staff Reporting Directly to the Job Holder
- Operations Accountants
- Administration Supervisor
PERSON SPECIFICATION
Essential
Education
- Degree in Business related Studies
- CPA (K) /ACCA
Desirable
- -Master’s degree in business or finance.
- Other Professional Certifications.
Knowledge and Skills
- Analytical skills
- Management and Leadership skills
- Financial Management
- Excellent Computer packages knowledge
- Working knowledge of Emerge T24 and Great Plains ERP
Experience
- Â At least 3 years Supervisory experience in Financial Accounting.
- Tax computation and management experience.
Personal Attributes
- Demonstrate management abilities
- Analytical
- Confident
- Integrity
- Diligent
- Attention to detail
Stay updated with similar job openings by joining one of our Live Feed Channels below:
To apply for this job please visit oldmutual.wd3.myworkdayjobs.com.