Our client is a leading independent data, voice and IP provider in eastern, central and southern Africa.
The head of finance operations is responsible for the core operational functions of the Finance department including expense and revenue recognition, collection, payments, end month closure and financial statement.
The incumbent is also responsible for ensuring organizational effectiveness by providing leadership in financial operational areas and supervise the Team Leader- Accounts Payable, Team Leader Accounts Receivables, Fixed Assets Accountant, Team Leader Treasury
Advice management on the appropriate debtor period to implement
Implementation and review of the bad debt policy.
Review on long-term outstanding debts and advise on appropriate action.
Approval of all new customer on boarding and in charge of ensuring that all company requirements and policies are adhered to.
Review the ageing debtors on a monthly report and pick any red flag items that might pose a cashflow risk to the company.
Assist in executive management designing reports that help in improving the revenue assurance role.
Designing and review of appropriate commission structure for the collection team that will maximize on the collection of what is billed to the customer.
Review and approve all suppliers’ reconciliation and payment vouchers
Review and advice on the group weekly cashflow report.
Consolidate the weekly East Africa Region Working Capital File
Consolidate monthly EAR Capex report.
Organize for Interim and final audits
Ensure completeness of the financial statement of the company..
Update and maintain a Leases Register under IFRS 16.
The ideal candidate must possess the following :
Undergraduate Finance or Accounting Degree from a recognized degree.
Master’s degree from a recognized university
At least 4 years working experience in a Senior Finance role in the telecom industry
At least 7 years cumulative experience in Accounting & Finance
KNOWLEDGE AND SKILLS
Fixed Assets Management
Working Capital Management
Ability to conduct research into application issues and products.
Highly self-motivated and directed.
Keen attention to detail and ability to explain them.