Finance Associate Job, Finance Jobs In Kenya 2022,

Job Type:   Full Time

Job Category:   Finance

Closing Date:   December 22nd, 2022

Location:   Nairobi

Cytonn Investments is an alternative investment manager, with a captive real estate development capability. Cytonn has a unique strategy of coupling two compelling demand areas – the lack of high yielding investment products and the lack of institutional grade real estate. We distribute high yielding instruments to attract funding from investors, and we deploy that funding to investment grade, well planned and comprehensive real estate developments that are largely pre-sold.

 Real estate investments are made through our development affiliate, Cytonn Real Estate, where we currently have over Kshs. 82 billion (USD 820 mn) of projects under mandate across ten projects. In private equity, we invest in banking, FinTech, and hospitality.

To manage its rapid growth, the company is looking for a dynamic and hardworking individual with strong leadership and entrepreneurial skills to join the team in the Finance Department.

Responsibilities

  • Documenting the accounting process to capture the SPVs business model
  • Reconcile the intercompany balances between the entities in the company
  • Ensure subsidiary books are reconciled at all times (trade receivables, trade payables and inventory)
  • Prepare daily, weekly, monthly and ad hoc reports to support business decision making
  • Manage the accounting function of all the entities
  • Prepare schedules for all accounts in the general ledger for entities under management
  • Ensure postings are done in the system based on approved source documents
  • Ensure the entities under management are compliant with all taxation and other regulatory requirements. These includes PAYE, NSSF, NHIF, NITA, VAT and WHT.
  • Continuously identify areas of policy and operational improvement in area of operation
  • Train and assist others within a team environment.
  • Prepare cash flow projections for all entities in order to optimally manage cash flows while meeting obligations for our stakeholders
  • Coordinate the internal and external audit of the accounting records and financial statements and implementing all recommendations on timely basis
  • Assist with Corporate wide accounting
  • Oversight of the Corporate accounting and Management accounting process to/for the Real Estate
  • Represent the Company and Real Estate vehicles in legal matters while working with the Legal Department
  • Any other duties as may be assigned from time to time

Qualifications

  • CPA (K) and/or ACCA and Bachelor’s Degree in accounting, finance or related degree
  • KCSE B+ and above
  • Three (3) years working experience in a Finance environment
  • Strong verbal and written communication skills.
  • Strict deadlines conscious with minimum supervision
  • Ability to easily adapt to dynamic, complex and rapidly changing finance environment.
  • Ability to learn and to train team members
  • Covid-19 vaccination certificate

How to Apply

Apply for the job here

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