Openings at Safal Group

Key responsibilities:

• Process and code invoices, ensuring accuracy and timely payment 
• Reconcile vendor statements and resolve any discrepancies 
• Review and process employee expense reports 
• Maintain accurate and up-to-date records of all accounts payable transactions 
• Assist with month-end close processes and provide support for audits 
• Work closely with internal departments and external vendors to resolve any payment issues or discrepancies 
• Develop, implement and or constant review of the best accounts payable procedures in line with the company policy safeguarding the company’s financial data and resources.
• Provide management with timely and accurate reports, which are reliable & relevant for decision making.
• Accounting for all purchases and returns ensuring they are fully supported by the relevant documents and duly approved.
• Accounting for all expenses invoices ensuring they are fully supported by the relevant documents and duly approved.
• Monthly Vendor accounts reconciliation and balance confirmations & ensure your supervisor signs off the reconciliations.
• Creating of new suppliers accounts in ERP ensuring all the relevant information is captured correctly.
• Monthly cut off journals that must be fully supported, serially numbered, serially filed & approved by your supervisor.
• Ensure proper filing & archiving of all relevant accounting documents in a manner that they can be retrieved easily.
• Maintain an accurate & up to date accounts payable Ledger including contact details, KRA PIN, credit limit in days & amount.
• Facilitate the VAT filing process by responding to purchases related queries.
• Own overall internal controls processes to maintain integrity of general ledgers involved and its supporting sub-systems.  
• Respond to Audit Queries including documents retrieval.

Requirements

Qualifications required:

• Minimum academic qualification: Bachelors degree with CPA (K), CFA, ACCA, CA, or equivalent 
• Professional registration: ICPAK
• Industry: Manufacturing

Experience required:

• General work experience (years): 8-10 years
• Specific to the position (level/discipline/years): 3-5 years

Language requirements:

• Kiswahili
• English

Computer literacy:

• MS Office packages
• Outstanding knowledge of electronic spreadsheets
• Working knowledge of ERP system (Preferred SAP FICO)

go to method of application »

Key responsibilities:

• Own the overall internal control processes to maintain the integrity of the general ledgers involved and their supporting sub-systems.
• Collaborating with internal departments to gather, analyse, and interpret relevant financial information.
• Performing audits on financial data to assure its accuracy and truthfulness.
• Coordinate with group team for proper General Ledger as per group structure
• Ensuring that financial information complies with professional and regulatory standards.
• Aligning general ledger accounting practices to support budgeting and forecasting.
• Entering financial data such as accruals, deferrals, reclassifications, and interdepartmental entries into the ledger on a monthly basis, as well as preparing reports.
• Performing account analysis to ensure that journal entries and balances are correct
• Reconciling accounts with the general ledger.
• Gathering supporting documentation and performing record-keeping.
• Keeping abreast of regulatory requirements and best practices in accounting.
• Provide management with timely and accurate reports that are reliable & relevant for decision-making.
• Participate in the annual budget preparation.
• Assist in the creation or/and maintenance of related master data records.

Requirements

Qualifications required:

• Minimum academic qualification: Bachelors degree with CPA (K), CFA, ACCA, CA, or equivalent 
• Professional registration: ICPAK

Experience required:

• General work experience (years): 8-10 years
• Specific to the position (level/discipline/years): 3-5 years
• Industry: Manufacturing

Language requirements:

• Kiswahili
• English

Computer literacy:

• MS Office packages
• Outstanding knowledge of electronic spreadsheets
• Working knowledge of ERP system (Preferred SAP)

go to method of application »

Description

The main purpose of the position is:
The incumbent will be responsible for the accounting and internal controls in the plant and overseeing the various financial transactions, accounting controls, and accounting functions. Also responsible for administering the plant's cost control function, including coordinating the plant's forecasting and budgeting. The position is central point of contact between the plant and other business operation.

Key responsibilities:

• Monitor, analyse, and report monthly actual results against the budget
• Manage and oversee all accounting operations at the plant
• Manage month-end closing and prepare operational reports for the plant
• Analyse variances and communicates explanations to management with recommended actions
• Develop and implement budgeting and financial reporting systems to provide timely and relevant information to plant and other business operations and cost control
• Support the plant and operation team to achieve efficiency in production, plant and machine
•  Prepare forecasts of income statement and statement of fund requirements for the plant. Prepare monthly and rolling forecast reports for the plant
• Work across organization boundaries and all levels of the organisation to achieve plant and organisation  objectives
• Recommend best practices in finance management and operation e.g. process improvements, financial modelling and procedures changes
• Oversee and manage the daily operations of the plant Accounting/Finance
• Drive the plant to meet or exceed all annual financial and operational metrics
• Work closely with manufacturing and plant leadership to ensure that all financial transactions and reporting are complete, accurate and timely
• Support and lead the coordination of all internal and external financial and operational audits and address any audit findings within the plant
• Perform frequent walk-throughs of manufacturing operations with Plant Manager/Leadership to address production and costing issues
• Establish and implement short- and long-range department goals, objectives, policies, and operating procedures
• Support and offer advisory in cost reduction in procurement process
• Undertake variance analysis and cost control reporting and recommendations
• Maintain integrity of financial reports prepared by the plant/at the plant level.
• Monitor and report purchase commitments and spending for all capital programs.
• Conduct follow-up audits to ensure compliance for all significant capital investments.
• Manage the deployment of cost saving and other programs to provide operating economies and improve profitability.
• Monitor and provide opportunities to support continuous improvement of Plant Productivity / Gross Utilization. Support other Operations initiatives.
• Provide leadership to ensure adequate cost accounting processes are in place, including standard cost updates, physical inventory verification, periodic cycle counts, etc.
• Refines and maintains the integrity of the plant’s standard cost system.  

Budgetary responsibility:

• Ensure the implementation of plant budget parameters.

Requirements

Qualifications required:

• Minimum academic qualification: Bachelors degree with CPA (K), CFA, ACCA, CA, or equivalent 
• Qualifications as an added advantage: Master’s degree in MBA or Equivalent
• Professional registration: ICPAK

Experience required:

• General work experience (years): 10–15 years
• Specific to the position (level/discipline/years): 8 years
• Industry: Manufacturing

Language requirements:

• Kiswahili
• English

Computer literacy:

• MS Office packages
• Outstanding knowledge of electronic spreadsheets
• Working knowledge of ERP system (Preferred SAP)