Finance Manager

Location
Nairobi, Kenya
Salary
300,001 - 400,000
Posted
18 Apr 2019
Closes
18 Apr 2019
Job role
Finance manager
The jobholder will oversee and ensure compliance, integrity, efficiency and effectiveness of all financial operations for Kenya Children's Homes (KCH), set prudential guidelines and financial principles.
  • Minimum Qualification: Bachelor
  • Experience Level: Management level
  • Experience Length: 5 years


Job Description

Kenya Children's Home (KCH) was established by the Balcraig Foundation in 2002 when the Scottish charity took over the running of the former Thomas Barnardo House in Nairobi. The orphanage is the flagship project of KCH and is home to up to 200 orphaned, destitute and abandoned babies and children at any one time.

Since its inception, KCH has grown significantly, extending its support far beyond the reach of the Nairobi orphanage, with the commencement and development of many other community projects throughout Kenya. These projects continue to enrich the lives of many hundreds of Kenyan children and adults every day.

Job Title: Finance Manager

Reporting to: Chief Executive Officer

Supervise: Finance staff across the charity

Liaises with: All Heads of Department and Projects

For the purposes of this job description, KCH comprises the following principal operations.
  1. Thomas Barnardo House
  2. Soila Maasai Girls Refuge and School
  3. Fund raising operations
  4. Jonathan Gloag Academy


PRINCIPAL RESPONSIBILITIES AND DUTIES:-

General
  • Manage accounting personnel and systems to provide the highest level of integrity and accountability.
  • Ensure that the daily routine and duties in respect of all accounting information is delivered accurately and reliably.
  • Provide information to management that can be relied on without further enquiry.
  • Ensure all internal and external finance deadlines are adhered to, including preparation and delivery of monthly and annual accounts, budgets and cash flow reports and forecasts.

Financial Accounting

  • Maintain proper accounting records for KCH and ensure security and accessibility thereof (including electronic and physical archives).
  • Ensure that all financial reconciliations including inventory are done properly and on time and maintain documentary evidence to this effect.
  • Ensure payroll and salaries are delivered and paid on time with strict adherence to regulatory requirements including the timely remittance of all statutory deductions.
  • With the support of our external accountants, deal with any taxation issues and advise the management on issues arising in an anticipatory manner.
  • Ensure that all money and collections are banked intact.
  • Ensure all suppliers are paid in accordance with agreed terms.
  • Maintain an accurate and timely record of revenues collected and ensure a regular debt collection procedure. This includes internal debts.
  • Maintaining controls on all petty cash and doing random checks as laid down. (The petty cash is kept by the cashier)
  • Offer any financial support to the Pension fund through the Trustees.
  • Maintain the asset register for KCH.
  • Monitoring of costs against approved budgets Financial controls through regular monitoring of spend against approved budget

Budgeting and Reporting

  • The finance manager does the preparation and delivery of a comprehensive annual budget for all departments and projects and ensures the quality thereof.
  • Report on budget variances and ensure that they are explained to managers and agree on action to be taken to avoid further divergence.
  • Does the preparation of periodic accounts and annual budgets for presentation to local and UK management and at the board.
  • Ensure any internal and external reports that you deliver are complete, contain only meaningful and quality KPI's and advice and are delivered on time.

Controls and Internal and External Audits

  • Ensure compliance with KCH internal control systems and procedures thus safeguarding assets and review controls and recommend improvements to the CEO
  • Does the coordination of internal and external audits and address issues raised by auditors in accordance with agreed timescales.
  • Assist all project managers in the income generating projects to maintain appropriate accounting records, auditing these from time to time and making suggestions to aid the viability of such projects.

Other duties
  • Motivate direct reports to deliver better teamwork and improved efficiency and influence the team generally by your personal example.
  • Conduct staff appraisals for of all your staff on a regular and systematic basis without bias or discrimination.
  • Work to identify training needs, and organize in-house training, of accounting personnel and other staff on accounting controls and procedures, budget monitoring, etc
  • Ensure that Key Performance Indicators are accurately compiled, monitored, documented and monthly reports produced.
  • Participate in the home's fund raising events as organized from time to time.

Any other duties as allocated by management from time to time.

Key Competencies and skills
  1. Staff management experience and abilities that are conducive to a learning environment
  2. High level of proficiency working with MS Office (Excel and Word at advanced level), and accounting packages e.g. QuickBooks with Excel as a tool for data input, reporting, review, and analysis.
  3. Possess excellent interpersonal and communication skills, good judgment and a high level of integrity and respect for confidentiality.
  4. Excellent analytical and problem solving skills; must also have strong attention to detail
  5. Strong leadership skills with demonstrated competencies in championing high performance.
  6. Ability to work closely with various departments whilst retaining independence


QUALIFICATIONS
  1. Degree holder in accounting, commerce or related field, masters will be an added advantage.
  2. Full certification in professional accounting qualification - CPA or ACCA.
  3. At least five year's experience in the position of a finance manager
  4. Demonstrable understanding, and practical experience of financial and management accounting principles, processes, systems and internal controls.
  5. Exposure to financial reporting at board level and a good understanding of the requirements thereof.


Interested candidates who meet the above criteria should submit applications on or before the deadline: 26th April, 2019.