Finance Manager
Responsibilities
Account Receivable Management
- Review contract or prepare purchase order of new client before empanelment of clients and analysis of contract from IFRS 15 and other accounting standard perspective.
- Prepare & Review necessary documents at the time of client registration like KRA, Bank details, Certificate of registration etc
- Prepare & Review accurately and timely billing data to be shared with the client after getting approval.
- Prepare & Review monthly invoice to be raised to clients and record in accounts before the closure of month or record accrual for month closure.
- Prepare & Review timely and accurately presentation of debtor aging and share it with relevant stakeholder.
- Follow up with stakeholder for collection of money.
Account Payable Management
- Maintain suppliers’ records for getting empanelment
- Review contract or prepare purchase order for new vendor before it gets empanelled in vendor master.
- Prepare & Review timely and accurately booking of expenses, employees’ reimbursement, advances to staff, management and vendor for month closure.
- Prepare & Review booking of intercompany expenses and timely reconciliation.
- Prepare & Review necessary accrual of revenue for the month closure.
- Prepare & Review provision of expenses for month closure.
- Prepare & Review timely and accurately preparation of creditor aging
Treasury Management
- Prepare & Review timely and accurately reporting of cash in hand and cash at bank.
- Prepare & Review timely and accurately payment of vendor.
- Prepare & Review timely and accurately outflow of cash against employees’ reimbursement and travel.
- Prepare & Review timely repatriated of international payment.
- Prepare & Review timely payment of withholding tax, VAT, advance tax and other duties & levies.
Fixed Assets Management
- Prepare & Review creation of purchase order before acquisition of property, plant and equipment (PPE) and intangible assets.
- Prepare & Review creation of fixed assets number against each and every acquisition.
- Prepare & Review acquisition should be entered in the organisation with GRN.
- Prepare & Review accurately and timely recognition of PPE or intangible assets in the books of accounts.
- Prepare & Review monthly recognition of depreciation and mapping it with depreciation tracker.
- Prepare & Review proper recognition of dispose of PPE and its impact on management and financial reporting.
- Prepare & Review timely performance of physical verification of PPE.
Functional Activities:
- Minimum accounting frame work regulation
- Due diligence chart of accounts monthly, quarterly and YTD.
- Accrual of unbilled revenue.
- Accrual and provision of expenses to have accurate picture of P&L.
- Prepare & Review of revenue and expense tracker to ensure completeness of recording.
Auditing and its Reporting
- Consolidate financials for different business verticals and consolidate monthly, quarterly and yearly financial statements.
- Manage & Coordinate with statutory auditor to have audit plan and make ensure to conclude in time.
- Prepare & Prepare & Review necessary corrective action to close the gap on the basis of internal auditor recommendation.
Internal Financial Control
- Minimum Accounting Framework
- Prepare & Review standard of procedures of accounts activity like order to cash, purchase to pay, fixed assets, direct tax, indirect tax, payroll and year end activity.
- Prepare & Review and update risk matrix as per SOP.
- Prepare & Review timely testing of IFC’s SOP and test scripts.
- Prepare & Review user rights matrix working effectively and accurately.
- Prepare & Review ITGC procedure working properly from account perspective
Direct Tax Operation
- Prepare & Review correct calculation of withholding taxes considering income tax provision and DTAA.
- Manage correct calculation of Withholding tax and VAT and timely deposit it.
- Manage timely submission of Tax return.
- Prepare & Review calculation of advance tax, corporate tax and MAT.
- Prepare & Review and finalization of current income tax, deferred tax and contingent liability of ongoing assessment.
- Manage correct and timely prepare annual income tax return and make necessary computation for supporting it.
Requirements
- A Master’s degree in Business Administration, Accounting, Finance or other relevant fields.
- Certified/Chartered Public Accountant (CPA), Association of Chartered Certified Accountants (ACCA) or equivalent qualification is required for this position.
- Proficiency in MS-Office with significant experience in excel, accounting package knowledge will be an added advantage
- 5-10 years post qualification experience
- Good written and verbal skills in the English language.
- While role may be initially an individual contributor, person should have good people management skills. Strong accounting skills, financial controls, strong judgement and independence
Submit Your Application
Interested and qualified candidates should apply using the Apply Now button below.
