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    Finance Officer at - Nairobi, Kenya - Chupa Chap Ltd

    Chupa Chap Ltd
    Chupa Chap Ltd Nairobi, Kenya

    6 days ago

    Default job background
    Full time
    Description

    Chupa Chap Limited is your go-to party partner Fast, affordable drink delivery and we'll even host the bar for you.


    Department:
    Finance.


    Reports To:
    Finance Coordinator

    Summary

    Chupa Chap, a dynamic player in the alcohol and beverage industry, is in search of a Finance Officer to join our team.

    Reporting directly to the Finance Coordinator, the Finance Officer will play a pivotal role in maintaining financial accuracy and contributing to the strategic financial goals of the organization.


    Responsibilities:

    Financial Reporting:

    Prepare accurate, fully reconciled timely financial statements including but not limited to income statements, statements of financial position, cash flow statements, and related financial reports.

    Collaborate with the Finance Coordinator department to analyze financial data for decision-making.
    Ensure compliance with accounting standards and regulatory requirements.
    Perform month-end and year-end close processes.


    Accounts Payable and Receivable:
    Oversee the processing of invoices, payments, and reconciliation of accounts.
    Work closely with the Finance Coordinator to manage customer invoicing and collections.
    Monitor and analyze accounts receivable to minimize outstanding balances.


    Budgeting and Forecasting:
    Support the Finance and management team in the development and monitoring of budgets.
    Contribute to the preparation of financial forecasts and variance analyses.
    Provide insights and recommendations to optimize financial performance.


    Resource Management:
    Collaborate with department heads to track and manage company expenses and purchases.
    Implement cost control measures under the guidance of the Finance Coordinator.
    Conduct periodic expense reviews with department heads.

    Assist and advise on Safeguarding the company assets by ensuring proper fixed asset register, Stock accounts, bank, and cash accounts.


    Financial Audits:
    Assist in the coordination and facilitation of internal and external audits.
    Ensure timely provision of financial information to auditors.
    Implement corrective actions based on audit recommendations, reporting to the Finance Coordinator.


    Compliance and Regulatory Affairs:
    Stay informed about financial regulations and ensure company-wide compliance.
    Collaborate with the Finance Coordinator and legal team to address compliance issues.
    Implement and update financial policies and procedures under the guidance of the Finance Coordinator.
    Assist and advise on related compliance.


    Cash Flow Management:
    Monitor and manage daily cash flows to ensure liquidity.
    Work with the Finance Coordinator to forecast future cash needs.
    Optimize cash management processes for efficiency.

    Requirements

    Minimum requirements:
    Bachelor's degree in Finance, Accounting, or a related field.

    Professional certification such as CPA (Certified Public Accountant), ACCA (the Association of Chartered Certified Accountants) or CMA (Certified Management Accountant) is highly desirable.

    2-3 years' work experience as an accountant.

    Key Skills and Competencies

    Considerable knowledge of financial accounting systems and MS Excel.

    Ability to perform professional accounting work by the international "Generally Accepted Accounting and Auditing Principles" (GAAP), procedures and controls.

    Effective communication skills ability to present ideas clearly, both orally and in writing and to prepare comprehensive reports.

    Ability to identify and resolve problems promptly, gather and analyze information skillfully, develop alternative solutions, work well in groups, in problem-solving situations, and use reason even when dealing with emotional topics.

    Considerable knowledge of computerized information and financial management systems (ERPs), spreadsheets (Google Sheets and Excel), and computerized accounting systems.

    Demonstrate ability to meet deadlines, analyze financial and operational data and information, and think analytically and critically.

    Ability to maintain a high level of confidentiality, remain open to new ideas, and experiment with improved systems and proven methods.

    Ability and willingness to make consultative decisions, exhibit sound and accurate judgment, support and explain the reasoning for decisions, include appropriate people in the decision-making process, and make timely decisions.


    Personal Attributes:
    High integrity levels.
    Confidentiality.
    Team player.
    Positive attitude.
    Initiative taker.
    Logical and detail-oriented.
    Good analytical and problem-solving skills.
    Highly committed and self-motivated.
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