Finance Lead Job at Suetech Business Systems Limited

Job Description

Finance Lead Job at Suetech Business Systems Limited

• This is a full-time on-site role as a Finance Lead at SUETECH Business Systems Ltd. As a Finance Lead, you will be responsible for managing the day-to-day financial operations of the company. This includes overseeing financial statements, analyzing financial data, communicating financial information to stakeholders, and ensuring compliance with accounting standards and regulations. You will play a vital role in providing strategic financial guidance and support to the organization.

Key Responsibilities :

Finance/ Accounting

• Being the point of contact for all financial operations in regard to sales reporting, expenditure analysis, forecasting and maintenance of financial accountability.
• Formulating and implementing a credit policy that lays out how the company will issue credit to its clients and the collection of unpaid debts
• Cash flow management i.e., debt collection, supplier payments, client payments terms etc.
• Preparation of monthly profit and loss reports
• Identifying and addressing financial risks and opportunities for the company and preparing reliable current and forecasting reports
• Computing, analyzing and reconciling all bank statements e.g., debtors & creditors, loan statements etc.
• Posting/creating of invoice entries into the company systems
• Assuring legal and regulatory documents in regards to taxes i.e., KRA are filed in accordance with the laws and regulations. (VAT; W.H.T; P.A.Y.E)
• Drive transparency and complete audit trail of transactions by book keeping of all relevant supporting documents as guided by policies and standards
• Verification of payment vouchers and reconciliation of discrepancies within the books of accounts.
• Responsible for the preparation of the annual budget statement and performing monthly variance reviews.
• Preparation and submission of monthly payroll
• Manage petty cash and cash purchases

Logistics & Procurement

• Coordinate with logistics staff (Riders) in regards to the deliveries needed to be done and tracking orders and ensuring timely delivery
• Undertaking Due Diligence through analysis to determine the credibility, financial stability and suitability of potential clients and suppliers.
• Managing incoming and outgoing invoices.
• Receiving and dispatching goods and verifying movements of stocks.
• Keeping records of orders placed and shipments received, updating inventory levels based on these records
• Reviewing contracts with clients and suppliers to ensure that all terms have been met before signing them
• Ensuring compliance with laws and regulations regarding purchasing procedures and best practices
• Supplier management- credits, credit terms, stock collections

Qualifications

• Bachelor’s degree in Accounting, Finance, Business Administration or related field, with at least 3 years experience
• Analytical Skills, Finance, and Accounting
• Experience in managing financial statements
• Strong communication skills, both written and verbal
• Ability to analyze and interpret financial data
• Knowledge of accounting principles and regulations
• Attention to detail and accuracy
• Ability to work independently and as part of a team
• Relevant finance certifications (e.g., CPA) are a plus
• Experience in the IT industry is a plus

Finance Lead Job at Suetech Business Systems Limited