Chief Accountant at Ngong Veg Limited

Job Description

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We are a privately owned, hands on business, operating with over acres of prime land. We run three different farms to provide climatic diversity. We have invested heavily in dams, boreholes and waterpans to ensure irrigation is a key asset for us.

Responsibilities

To lead the analysis of financial operations and accounting practices and provide insights for sound business decision-making and overall business strategy in line with Company’s objectives.

Strategic

Provide strategic analysis and guidance for the company and all business units. Evaluate business decisions and advise management on best options or alternatives based on risk and return. Ensuring that any decision taken maximizes the value of the company.

Establish Controls, Review ,  and Implementation:

Ensure the safeguarding of Company assets by:

Developing and reviewing internal controls from time to time to ensure they are effective and valid. Ensure that control procedures are followed with constant review to ensure their effectiveness. Ensure that all aspects of accounting have valid policies and procedures that are properly documented and signed off (Fixed assets, inventory, supply chain & supplier payments, cash, etc).

Budgeting and Cost control:

Ensure that the Company has an operations guideline/framework for financial planning/budget and expenditure by:

Driving and coordinating the annual budgeting exercise across all departments. Monitoring expenditures, analyzing revenues, determining budget variances, and reporting the same to management weekly and monthly. Preparing project cost forecasts, cost tracking, reviewing, monitoring, and control. Establishing and maintaining systems for cost-sensitivity analysis and early warning of cost overruns. Working consultatively with the respective departments on cost-reduction initiatives. Ensuring that production cost centers are monitored closely to ensure that they are meeting their budgeted targets.

Management accounts reporting

Support/ provide management with accurate, timely, and relevant financial and statistical data to aid in decision-making, weekly, monthly, quarterly, and ad-hoc. Review and recommend changes to existing accounting policies & procedures. Review the profitability of the business through cost analysis and profitability reports. Advice management early on any deviations to the budget that will impact profitability on a weekly basis and offer advice on how to mitigate these, e.g .,  reduced yield and reduced exported volumes.

Treasury management:

Ensure optimal management of liquidity by providing oversight in cash flow planning/forecasting, supplier payments, receivables management, stock holding levels, and payroll to ensure optimal working capital for the company.

Statutory Compliance and Tax Planning: 

Ensure tax compliance across all aspects of business through a review of all tax computations before timely payments. Oversee annual external and internal audits and respond to the issues raised.

Team Management:

Roll out departmental programs to develop, engage and retain talented individuals in the department. The position holder is also expected to co-create an environment where employees can realize their full potential and contribute to the attainment of functional and organizational goals, Training new team members, and succession planning.

Stakeholder Management :

Develop external relationships with relevant contacts e.g. ,  suppliers, clients, auditors, solicitors, Lawyers, industry regulatorsbankers, and statutory organizations such as KRA, etc. for the benefit of the Company. Ensuring that the management is updated with changes in regulatory/ compliance issues.

Qualifications

Full professional qualification (CPA-K) with experience in a Horticultural setting. Bachelor’s degree in a business-related field. Eight years relevant experience with 3 being in a senior position. Proficiency in ERP systems & PowerPoint