Finance Head for Automotive Aftersales Workshop

KAKI PLC is an official dealer and assembler of ISUZU Vehicle in Ethiopia. It is also engaged in different business lines including import, export, metal fabrication, after sales services, and cargo freight transport operations. The company wishes to employ a qualified professional for the Finance Head for Branch Automotive Aftersales Workshop position.

General Duties and Responsibilities:

Plan, and manage financial operations and related accounts, supervise general accounting activities, analyze, and maintain effective internal control; and cost and budgetary related activities while maintaining company policy and procedures, and financial guidelines.

Specific Duties and Responsibilities:

• Plan, and manage the general accounting, and cost and budget accounting to ensure that the financial operations are performed properly and in a cost-effective manner.
• Prepare monthly, quarterly and annual financial reports for all financial activities performed within the Business Unit.
• Ensure that books of accounting are maintained, checks, receipts and other financial documents are kept properly and that they are safeguarded against any misuse.
• Analyze records of current and past operations to determine trends, and make operational improvement.
• Analyze financial reports to assist managers in the budget monitoring process.
• Ensure that all cash collected is deposited in the bank immediately.
• Prepare and monitor cash flow projections to determine the optimum use of funds and raise additional funds as required.
• Oversee the timely and accurate tax payments as required.
• Verify and certify various supporting finance and payment documents.
• Control and ensure that the company assets are being used properly.
• Ensure that legal financial obligations are met, receivables are collected and financial documents are handled properly.
• Check the timely and accurate payment of VAT, withholding tax, payroll tax, pension payment, and other legal obligations.
• Make monthly forecasts and ensure all targets are met within the stipulated time.
• Ensure accurate recording of expenditure in the appropriate journals and ledgers.
• Devise, and regulate procedures for establishing unit cost of services and products.
• Prepare budget utilization reports including variance analysis.
• Provide assistance to departments in preparing budget process by encouraging the budget holders to submit budgets at the expected time.
• Ensure that employees are getting the necessary hands-on training.
• Conduct employee performance appraisal periodically to evaluate how well employees have completed their duty and to take any needful action accordingly.
• Prepare periodical reports and submits to the Manager, Financial Operation.

Required Number : 2(Two)

Qualification : BA in Finance and Accounting

Work Experience : 8 years in relevant role

Required Competence :

• Advanced skill in administration of finance and strong analytical skills
• Financial report writing, inventory control systems and accounting
• Outstanding knowledge and understanding of IFRS and other relevant laws
• Knowledge of enterprise resource planning software (ERP)
• Computer skill, excellent communication skills, English language proficiency.