Reporting to the Chief Financial Officer (CFO), the Head of Accounting oversees all accounting activities in the organisation and also for ensuring that Ol Pejeta’s financial information is complete and financially sound; that they are managed through a robust and proactive reporting system and provide accurate, financial reporting insights to enable comprehensive financial decision making. Specifically the role oversees all the day to day aspects of the accounting and reporting functions and is involved in the supervision and management of general accounting activities, analyses, partnerships, and the maintenance of effective internal controls while ensuring statutory compliance in all accounting initiatives. The position is also expected to work with other departmental heads and staff on financial matters that cut across the entire organisation. . the larger finance department. The Head of Accounting makes recommendations for systems improvements across the\finance department and oversees the implementation of approved changes across the department upon approva
Responsibilities
1. Accounting. Policies and Financial Reporting Supervise the preparation of accurate, timely, and prudent financial and management information reports to support effective financial decisions:
· Prepare and or extract periodic financial statements to inform on current status and projected performance to the different stakeholders e.g. senior management, BOD and the public (statutory accounts) ·
Lead in the documentation of all financial books and records and also review, maintain, and reconcile general ledgers and sub ledgers in the financial information system (Infor 10 systems) ·Keep abreast of changes in financial regulations and legislation, and ensure compliance with statutory obligations to minimise risk of litigation, financial and reputational loss, etc. ·
Ensure accurate and timely financial reporting of all business units.
·Lead in the development and implementation of financial policies and procedures within the accounting department and the entire organisation 2. Analysis & Advisory Ensure that all expenditures are aligned to Ol Pejeta’s budgets and prepare regular analysis of status highlighting any areas of concern:
· Advise on appropriate technology to meet the organisation’s financial data processing, controls, and reporting requirements
· Contribute to the development of the annual budget by providing guidance to departments/budget holders during department budget planning
· Support the finance function in preparation of monthly performance/variance analyses and forecast reports, carrying out cash flow analysis and management (financial projections) to inform management decisions
· Lead the the Accounting department in the preparation and monitoring the business’s annual budgets and liaises with external auditors to drive ad hoc projects that will improve process efficiency.
Ensures that there is a proactive engagement across the accounting department in implementing audit findings with a view of improving the business’s overall financial performance.
·Review monthly expenditure and recommend areas where savings can be made. · Participate in identifying financial risks, and threats pertaining to financial processes and systems of the organisation
·Coordinate, prepare and submit external audit materials.
3. Disbursement of Payments and Treasury Management Ensure there is an effective treasury management policy to enable accurate and timely disbursement of funds; ensuring that payments are made to vendors, service providers and other stakeholders within the organization’s policy
Job Requirements
Required education
: Bachelor's degree
Required relevant work experience
: 5 years
Required languages:
English (Spoken: fluent | Written: fluent)
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