Finance Manager – Majorel Kenya Ltd

We design, build and deliver end-to-end CX for many of the world’s most respected digital-born and vertical leading brands.  Our comprehensive east-to-west global footprint in 31 countries across five continents, with 60,000+ people and 60 languages, means we can deliver flexible solutions that harness our unique expertise in cultural nuance – essential for true excellence in CX. We have deep domain expertise in tech-augmented front-to-back-office CX. Plus Digital Consumer Engagement, CX Consulting, and an innovative suite of Proprietary Digital Solutions for industry verticals. We are a Global Leader in Content Services, Trust & Safety. The real ‘Majorel difference’ lies in our culture of entrepreneurship. We are relentless, resourceful, resilient and agile – all pulling together as One Team. It’s the only way to deliver the total reliability and digital transformation necessary in our constantly changing world.

Finance - Finance Manager

Responsibilities

Account Receivable Management

• Review contract or purchase order of new client before empanelment of clients and analysis of contract from IFRS prospective.
• Review necessary documents at the time of client registration like KRA and Certificate of registration.
• Review accurate billing data to be shared with the client after providing services for approval.
• Review monthly invoice to be raised to clients and record in accounts before the closure of month.
• Review timely and accurately presentation of debtor aging and share it with relevant stakeholder.

Account Payable Management

• Maintain suppliers’ records for getting empanelment
• Review contract or purchase order for new vendor before it gets empanelled in vendor master.
• Review timely and accurately booking of expenses, employees’ reimbursement, advances to staff, management and vendor for month closure.
• Review booking of intercompany expenses and timely reconciliation.
• Review necessary accrual of revenue for the month closure.
• Review provision of expenses for month closure.
• Review timely and accurately preparation of creditor aging

Treasury Management

• Review timely and accurately reporting of cash in hand and cash at bank reporting.
• Review timely and accurately payment of vendor.
• Review timely and accurately outflow of cash against employees’ reimbursement.
• Review monthly cash count and mapping with books.
• Review timely repatriated of international payment.
• Review timely payment of withholding tax, VAT & advance tax

Fixed Assets Management

• Review creation of purchase order before acquisition of property, plant and equipment (PPE).
• Review creation of fixed assets number against each and every acquisition.
• Review acquisition should be entered in the organisation with GRN.
• Review accurately and timely recognition of PPE in the books of accounts.
• Review monthly recognition of depreciation and mapping it with depreciation tracker.
• Review proper recognition of dispose of PPE and its impact on management and financial reporting.
• 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.
• 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 & review necessary corrective action to close the gap on the basis of internal auditor recommendation.

Internal Financial Control

• Minimum Accounting Framework
• 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.
• Review and update risk matrix as per SOP.
• Review timely testing of IFC’s SOP and test scripts.
• Review user rights matrix working effectively and accurately.
• Review ITGC procedure working properly from account perspective

Direct Tax Operation

• 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.
• Review calculation of advance tax, corporate tax and MAT.
• 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 of post-qualification experience
• Strong organizational skills and attention to detail.
• Strong verbal and written communication skills in English (business fluent)
• Organization sensitive and able to maneuver between various / conflicting interests.
• Having the drive to realize objectives and combine various goals as a personal ambition.
• Great ability of thinking outside set paths and able to produce several solutions to different situation
• Highly skilled in presenting data, creating, and presenting PowerPoint presentations to global audience and industry leaders
• Being able to build strong and positive relationships in a complex international environment
• Excellent problem solving, judgment and decision-making skills
• Empathic personality who can understand the feelings of others and reflect on them