Latest Jobs at Centum Investment Company Plc

Job Brief

The Senior Accountant will be accountable for the management and statutory reporting for Centum Investment Company Limited and Group Consolidation.

Key Accountabilities

Planning and Forecasting

• Prepare annual budgets for Centum Investments Company Plc and the Group ‘s Consolidated budgets .
• Prepare monthly performance reports for the company and quarterly consolidated performance reports for the Group, with accompanying analysis and commentary of the performance against budgets, long-term strategy, and prior year.
• Prepare monthly forecasts for the company and quarterly consolidated forecasts for the Group, with accompanying analysis and commentary of the forecasts against budgets and the long-term strategy and prior year.
• Prepare Company and Consolidated Board papers relating to budgets, forecasts, and performance
• Assist in the preparation of Adhoc financial analysis and technical papers as and when requested by the executive management

Working Capital Management

• Monitor payables, negotiate with suppliers on credit and payment terms, allocate collections to maturing obligations for the company and other entities within the group.
• Review weekly cash flow forecasts and update with actuals on a continuous basis for the company and other entities within the group.

Finance Operations

• Accounting System Assurance: Provide assurance to accounting and supporting systems in use by each of the entities that the Senior Accountant is responsible for . Ensure that all reports are issued from the accounting and supporting systems. Lead customization and integration efforts to make accounting and supporting systems are fit for purpose in relation to the business needs. Address all system issues with the service providers
• Procurement: Ensure that all procurement is done as per the procurement policy and report on non-compliance
• Monthly tax filing: Maintain Chart of Accounts, Regular GL validation, Receivables processing, Payables processing, Payroll processing, Tax  accounting and payments, bank reconciliations,
• Transactions processing: Supervise accountants in maintaining the GL, Regular GL validation, Receivables processing, Payables processing, Payroll processing, Tax accounting and payments, bank reconciliations, and other period-end procedures

Statutory reporting

• Assist in the preparation of half-year and full-year company and consolidated financial statements and reports;
• Prepare company and consolidated financial analysis and commentary for the Board

Risk Management

• Work closely with the Risk department, Business Unit leaders, and subsidiary managing directors in identifying key risks facing the various businesses. Work with the risk department to update the risk register on an ongoing basis
• Design risk mitigation measures including strengthening the ICS, risk shifting, and insurance
• Ensure that all entities responsible are in full compliance with tax, regulatory and legal requirements. Liaise with relevant parties to identify, report and remediate any cases of non-compliance
• Provide information and explanations during internal audits
• Act on findings and recommendations of both the internal and external auditors

Minimum Requirements

• Bachelor’s degree in a business-related field
• Chartered Accountant and a Member of ICPAK, ACCA or similar association
• 4 years of audit or accounting experience.
• Big 4 audit experience is an added advantage

Only Shortlisted Candidates will be contacted. 

Centum Investment Company Plc is an Equal Opportunity Employer.

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Job Brief

The Incumbent shall be responsible for managing the finance and accounting functions of the company which includes receivables & payables management, treasury/cash management, taxation management and financial reporting as well

KEY ACCOUNTABILITIES

Financial Planning and Analysis

This involves budgeting, forecasting and management reporting to support Strategy implementation

1. Design Financial KPIs and other performance metrics to support performance management in strategy implementation
2. Support the budgeting process to come up with P&L, Balance Sheet and Cash flow, supported by indepth sensitivity analysis of assumptions
3. Carry out period end check list procedures, GL validation and reconciliations to compile, analyse and prepare monthly, quarterly and annual management accounts for presentation to the management and during BRM meetings
4. Ongoing forecasting and presentation of Financial performance to Management and Board for information-based decision making

Financial and Statutory reporting

1. Ensure accurate and appropriate recording and analysis of revenues and expenses, assets and liabilities in the GL as per internal policies and in adherence to IFRSs
2. Prepare annual statutory accounts for audit and subsequent filing with CMA and the Registrar of Companies
3. Ensure accurate assessment of all taxes, adhere to tax filing deadlines for all transactional taxes (withholding tax, VAT, Income Tax and payroll taxes and deductions (PAYE, NSSF, NHIF, NITA)

Unit funds reporting

1. Compile and analyse financial information to prepare financial statements including monthly, quarterly and annual accounts for the Nabo Africa Unit Trust Funds
2. Ensure portfolio valuation in the GL is accurate and reconciling with Custodian Trustee records, Fund Management system/software (APX) on a monthly basis
3. Ensure fund reporting deadline are met
4. Prepare and submit to CMA quartely financial statements for the unit funds

CMA reporting

1. Prepare and submit to CMA quartely financial statements for the unit funds
2. Prepare and submit Nabo monthly risk-based capital adequacy reports to CMA
3. Monitor CMA liquid capital requirements
4. Prepare and submit Nabo quartely financial information reports to CMA
5. Ensure all CMA reporting deadlines are met

Risk, controls and compliance

1. Act as a custodian of NCL and Unit funds operating and financial policies, processes, and procedures
2. Establish and monitor the implementation and maintenance of the ICS
3. Update the ICS to considering the dynamic business environment while at the same time safeguarding the resources of NCL and unit funds
4. Liaise with the Group Internal Audit department to ensure that all outstanding Internal Audit issues are closed off

Finance operations

1. Manage General Operations including procurement, premises administration, Security, Board meetings preparation, fixed assets register and any duties that will be assigned by senior management or the board

MINIMUM QUALIFICATIONS

• Bachelor’s degree in a Business Related field preferably Bachelors in Commerce
• CPA (K)
• Fluency in Excel spreadsheets
• Minimum 5 years’ experience
• Excellent business reporting skills
• Fluency in use of Excel
• Experience in SAP
• Experience in a similar industry will be an added advantage

Only Shortlisted Candidates will be contacted. 

Nabo Capital is an Equal Opportunity Employer