Financial Controller at Kijenge Animal Products Limited

Application deadline 2017-05-27

Arusha Mjini

Description

KAPL is based in Arusha, Tanzania and is a privately owned limited company which specializes in agro-production. It owns a number of facilities including a feed mixing plant, a maize mill, poultry farmers’ out-grower program, a poultry abattoir and soya & sunflower processing operations. The Company has been in existence since the 70’s but has recently, with the onboarding of a new shareholder (private equity firm–Fanisi Capital) undertaken extensive installation of new lines to supplement the previously existing operations. The company’s strategy is to increase its revenues and profits by efficiently utilizing this newly installed capacity while employing best practice in all its operations. Job purpose:
-The FC will be responsible for implementing the finance policies of the company, financial processing and monitoring the budget on a day-today basis. -The FC will contribute to the development and execution of the company’s growth strategy, advising on the most prudent mechanisms &, ensuring that there are proper financial and accounting controls.
Reporting Structures

• The FC reports to the Group C.E.O.
• The FC supervises all the employees in the accounting and finance functions.

The FC’s role - Job Responsibilities Leadership:
 Advising the Board, CEO & Management on the financial implications of business activities;
 Providing high level, proactive financial expertise se & leadership to the company as a whole and direction for both short & long term financial planning in line with KAPL’s strategic direction;
 Leading the design and implementation of the structure of financial resources and all financial operations of the company;y;
 Providing internal leadership and direction to immediate reports of the finance division;on;
 Assisting in recruiting new members into the finance department in line with the identified needs and training the team to cover for any noted operational gaps;
 Responsibility for the overall financial accountability of the business.

Finances:
 Managing KAPL’s cash flow w & on regular basis generate cash-flow projections and forecasting;
 Maintaining internal control – safeguarding revenues & keeping costs and inventory within budget;
 Preparing of periodic management and statutory financials for use internally & externally;
 Being in charge of the budgeting, budgetary control and forecasting process;ss;
 Coordinating both interim and annual audits with the external KAPL auditors;;
 Analyzing financial data, monitoring progress and changes and keeping senior leadership abreast of the company’s financial status;;
 Managing and monitoring all other sub-functions within finance:-e:- o Accounts receivable and Accounts payable.. o Stocks and Factory Accounting. o Insurance, Treasury and Asset Management nt
 Manage the capital needs and budgeting process for KAPL;

Operations:
 Providing input in business planning and product costing;g;
 Representing Finance in the Operational Review meetings;
 Project costs forecasting and tracking in line with budget;;
 At the various factory sites, develop and maintain systems for cost sensitivity analysis and early warning of cost-overruns:s:
 Ensuring that interdepartmental cost allocation are in line with management agreement and transfer pricing policy::
 Primary interface on all banking, treasury and board-level presentations;ns;
 Assisting in the design, implementation, and timely calculations of wage incentives, commissions, and salaries for the staff;
 Demonstrating IT capability in fully utilizing g & integrating the KAPL’s ERP (SAP) system.
Policies:
 Ensuring that existing finance guidelines and related administrative procedures are adhered to;
 Overseeing all accounts, ledgers s & reporting systems, ensuring compliance with appropriate IFRS standards and regulatory requirements;
 Collaboratively developing operating policies and procedures, improvement programs and management systems for the attainment of objectives of specific projects and KAPL;PL;
 Back stopping the accounting team and the quality assurance of the accounting system;
 Applying and demonstrating high quality financial and other related management controls;
 Abiding by, observing and at all times complying with and give effect to the terms and conditions of the Investment Agreements and ensuring that KAPL does not in any way violate or fail to comply with its obligations thereunder..

KEY PERFORMANCE INDICATORS
 Timely reporting;ng;
 Compliance with all statutory requirements;
 Cash management;
 Driving efficiency in operations, including cost reduction strategies, and advising on opportunities for greater revenue generation;
 Timely support to other senior management;;
 Good investor relations.

PROFILE & QUALIFICATIONS OF THE IDEAL CANDIDATE
 Education: CPA/ACCA with at least a degree in a relevant discipline.ne.
 Skills: The successful candidate must possess the following skills:-:- o Strong financial management and profit maximisation skills;; o Strong operational experience, with a sound grounding in the financial considerations of manufacturing and processing entities;s; o Strong knowledge of financial compliance and governance requirements;s; o Strong presentation & analytical skills; o Strong stakeholder & people management and relationship skills.
 Experience: The successful candidate must demonstrate the following experience:e: o At least [Seven (7)] years of financial management with P&L and Balance Sheet responsibility in a commercial environment; o Experience in cost management and optimization & commercial negotiations; o Experience with project management, procurement & overseeing contractors; o Strong treasury and cash management background; o Strong, positive leadership, able to influence service providers and management teams.

TERMS & EVALUATION
 Competitive compensation commensurate with qualifications and experience.
 Performance will be evaluated by the CEO and by extension by the Board of Directors

APPLICATION
The qualified candidates are encouraged to send their updated CV with three referees through the following email: kap@bol.co.tz or benard.hezron@kijenge.co.tz before 27th May 2017.