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Suetech Business Systems Limited
Finance Lead Job at Suetech Business Systems Limited
00100, Nairobi Kenya
May 4, 2024
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
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Application deadline closed.