• Overdue Jun 23, 2023

    Finance Manager - SOSOMA Industries Ltd

    Employer: SOSOMA Industries Ltd
    Posted: 7 June 2023
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    JOB ANNOUNCEMENT

    Background Information

    SOSOMA Industries Ltd is a Limited Company established on November 1st, 2008 registered as a Domestic Company n° 101767471 with an Investor Certificate N°C/658/2009.

    SOSOMA Industries Ltd sells nutritious high-quality products especially to infant, young and elder people including pregnant women, vulnerable people such as people affected by humanitarian crisis, chronic diseases,...

    The Vision of Company SOSOMA Industries Ltd is to be a leader in provision of safe, quality nutritious foods towards elimination of malnutrition in the region. This will be achieved through its missions of producing and supplying safe, high quality and value-added nutritious foods that focus on customer needs.

    SOSOMA Industries Ltd is seeking to recruit an experienced Finance Manager who has integrity and is results-oriented. The position is based in Kigali (Kicukiro ), for a fixed term contract of one (1) year renewable.

    Job Description

    Job Title : Finance Manager

    Department : Finance

    Reports to : Managing Director

    Job Purpose : To provide guidance and technical support to SOSOMA Industries Ltd on proper financial planning and strategy, analyzing and reporting on financial performance.

    Key Result Areas:

    The incumbent will be charged with:

    • Develop and maintain internal control and effective accounting system and finance policies and make concrete proposals for its improvement
    • Providing leadership, direction and management of the finance and accounting team
    • Providing strategic recommendations to the Managing Director/board of Directors and members of the executive management team
    • Advising on long-term business and financial planning
    • Supervise the posting of invoices and allocation of expenses in the GL and ensuring completeness and accuracy of accounting operations;
    • Prepare monthly, quarterly, and annual financials report as required by the management for review by MD;
    • Perform cash flow forecasting, budgeting and working closely with the management teams in analyzing margins, variances and cost analysis.
    • Supervise the preparation of bank reconciliations, loan book & deposits reconciliations and other balance sheet schedules;
    • Work consultatively with the respective departments on cost reduction initiatives
    • Manage the fixed assets register and supervise the physical verification of assets at least annually;
    • Timely submission of monthly flash report and management accounts to the management in line with set timelines;
    • Monitor the company’s cash flows on a daily basis make recommendations regarding liquidity management;
    • Overseeing the preparation of annual financial statements in accordance with IFRS;
    • Assist with both internal and external audits including follow up of any queries;
    • Prepare and submit local tax (PAYE, WHT & VAT) returns monthly and CIT annually.
    • Ensure declaration and payment of all taxes (including provisional tax) is done in accordance with the tax laws;
    • Ensures legal compliance by monitoring and implementing applicable human resource in accordance with the company policy and the labor law.
    • Supervise, coach and train direct subordinates and allocate tasks and responsibilities to direct subordinates in line with their job descriptions, targets and deadlines, and monitor their progress.
    • Any other responsibility from the line manager in the best interest of the company.

    Person Specifications:

    Qualifications:

    • Professional qualification in accounting such as ACCA or CPA is required;
    • Bachelor degree majoring in accounting/finance from a recognized university will be an added advantage.

    Experience:

    • Work experience for at least 5 years in similar responsibility in a reputable organization with annual budget not less than FRW 1 Billion. Work experience in a Manufacturing Company Accounting Department would be an added advantage.
    • Experience with accounting software SAP and SAGE.

    Key Skills:

    • Integrity attested by at least 2 referrals;
    • Confidentiality and Ethical behavior;
    • Teamwork;
    • Good interpersonal relations;
    • Time consciousness;
    • Ability to work under pressure of deadlines;
    • Attention to details.

    How to apply:

    Interested candidates should submit their application to Recruitment@sosoma.rw not later than Wednesday 23rd June 2023. Only soft copies will be accepted. Please indicate in the subject line: “Finance Manager” with the following attachments:

    • Motivation/Application Letter;
    • Curriculum Vitae;
    • Copies of academic and professional credentials;
    • Only shortlisted applicants will be notified;
    • 2 letters of reference

    Only shortlisted candidate will be called for next steps.

    Done at Kigali, 06th June 2023

    MUSAFIRI Jean Pierre

    Managing Director

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