Finance and Administrative Manager

at KEMMCOM Media & Communication PLC
Location Addis Ababa, Ethiopia
Date Posted December 18, 2022
Category Administration
Job Type Full-time
Currency ETB

Description

Who we are

KEMMCOM is a strategic advisory firm operating in the nexus of business, government, and civil society and delivering value-added services to support business growth, mission advancement, risk mitigation and the building of sustainable entities with solid reputations.

As a dynamic company based on Africa’s political and influence capital Addis Ababa, we embody Ethiopia’s and Africa’s DNA of multiculturalism and deliver to clients services that bring in our international experience adapted to the local context of our clients.

The Job

Reporting directly to the Head of Corporate Services, the Finance and Administrative Manager is an important member of the Corporate Services team providing finance and administrative support to the KEMMCOM team in a collaborative work environment.

The ideal candidate would have a strong background in finance with strong written and verbal communication, analysis, and organizational skills. H/she ensures that the company meets its statutory and regulatory obligations and must be able to work under pressure at times to handle multiple activities at a time.

In addition to leading the in-house finance function at KEMMCOM, the Finance Manager leads financial assessment, system building, and compliance support work to KEMMCOM clients.

Duties and Responsibilities

As the Finance Business Partner (40%) for both external and internal stakeholders, the Finance Manager will:

  • Develop and implement business processes and accounting policies to maintain and strengthen internal controls
  •  Manage all accounting operations including Billing, A/R, A/P, GL, and Revenue Recognition when appropriate
  •  Develop and implement enthusiastic customer service culture from finance perspective for internal and external stakeholders
  •  Lead the process of annual review, preparation, and administration of wage and salary. - Coordinate and direct the preparation of the budget and financial forecasts and report variances
  •  Monitor internal control, oversee and/or prepare periodic income statements and present to management periodic evaluation meetings.
  •  Lead the internal and external audit processes by working with internal clients and the external auditor
  •  Prepare and publish timely and periodic financial statements for different stakeholders like MOR, financial institutions, donors, and others
  •  Coordinate the preparation of statutory reporting of taxes
  •  Support month-end and year-end close process as appropriate
  •  Ensure quality control over financial transactions and financial reporting
  •  Coach the finance officer, assistant, and/or other members of the finance team on policies, procedures, and progressively defend the company’s financial interests
  •  Manage records, receipts, and conduct periodic reconciliation of transactions
  •  Process invoices, prepare balance sheets, and become the business
  •  Monitor developments in the regulatory and policy space in the subject area and advice the company’s leadership
  •  Any other tasks assigned by the Head of Corporate Services and/or interim CEO
  •  Lead the financial system assessment process for KEMMCOM clients by interfacing with finance counterparts, auditors, and consultants
  •  Develop a financial management system to help clients achieve their long-term and short-term financial goals.
  •  Implement financial system components including finance manuals, workflows, and procedures as per the appropriate tax law
  •  Monitor, evaluate, and improve financial health of clients in accordance with provisions of the contract
  •  Any other tasks assigned by the Project Lead and/or Corporate Development Practice Lead

As the HR business partner (40%) for both external and internal stakeholders, the Finance and Administration Manager will:

  •  Align business objectives with employees and management in designated departments.
  •  Implements the company’s recruitment plans and implementation of all recruitment operations
  •  Consults with line management, providing HR guidance when appropriate.
  •  Manages and resolves complex employee relations issues, conducts effective, thorough, and objective investigations.
  •  Maintains in-depth knowledge of legal requirements related to day-to-day management of employees, reducing legal risks, and ensuring regulatory compliance.
  •  Provides day-to-day performance management guidance to line management including coaching, counseling, career development, disciplinary actions.
  •  Works closely with management and employees to improve work relationships, build morale, increase productivity, and retention.
  •  Provides HR policy guidance and interpretation.
  • Develops contract terms for new hires, promotions, and transfers.
  •  Provides guidance and input on corporate restructures, workforce planning, and succession planning.
  •  Identifies training needs for departments and individual executive coaching needs.
  •  Participates in evaluation and monitoring of training programs to ensure success and follows up to ensure training objectives are met.
  • Any other tasks assigned by the Project Lead and/or Corporate Development Practice Lead

As the Procurement and Facilities Business Partner (20%) for both external and internal stakeholders, the Finance and Administration Manager will:

  • Ensures all facilities, assets, and non-human resources are kept in working order, accounted for, maintained, and replenished.
  •  Coordinate and ensure procurement of goods and services in terms of Quality, Cost, and Durability principles
  •  Ensure availability of operationally deemed essential goods and services all the times.
  • Keep proper registration and periodical count of inventories and fixed assets of the company.

Projected start date: 15th January 2022

Job Requirements

Qualifications

  •  A minimum of Bachelors degree in Accounting and/or Finance from a recognized University with a GPA of 3.0 and above. A Master degree and/or ACCA certification.

Experience and skillset

  •  Five years experience leading a finance and/or administrative function in a large sized enterprise in Ethiopia with more than 50 employees and annual revenues of more than 50million. Experience in a holding company structure or management of the finance and/or administrative function across multiple companies preferred.
  •  Experience working on accounting software like Peachtree and Sage
  •  Ability to adapt to changes in a fast-growing company and provide solutions to these growing pains
  •  Experience implementing IFRS reporting for SMEs and the transition from GAAP to IFRS.
  •  Exceptional experience in budget preparation, implementation, and tracking
  •  Experience in setting up, building, and managing cost and profit centers in a project setting.
  •  Ability to think strategically and execute with efficiency
  • Understands and respects the importance of discretion in dealing with financial matters
  •  Strong adherence to standards, systems, and protocol in ensuring the financial health of the organization
  • Ability to adapt to and perform well in a multicultural setting composed of people from different backgrounds and strong opinions
  • Demonstrated proactive approaches to problem-solving with strong decision-making capability
  • Emotional maturity
  • Highly resourceful team-player, with the ability to also be extremely effective independently
  •  Proven ability to handle confidential information with discretion, be adaptable to various competing demands, and demonstrate the highest level of customer/client service and response
  • Demonstrated ability to achieve high performance goals and meet deadlines in a fast paced environment
  •  Forward looking thinker, who actively seeks opportunities and proposes solutions
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