Vacancies in De La Rue, Nairobi, Kenya

Our client, De La Rue is the world’s largest commercial banknote printer and passport manufacturer and is a trusted partner of governments, central banks and commercial organizations around the world. 

They provide market leading printed banknotes, banknote substrates and security features, commercial sector cash processing solutions among others. 

They are seeking to recruit a highly talented professional to fill in the following position in their Nairobi office:


Reporting to the Senior Accountant, this is a position responsible for sourcing / collecting / generating and providing financial and managerial information for internal and external reporting of the finance team.  
Principal Accountabilities 
1) Cashbook (Bank & Cash) Management
Maintain the cashbook module including but not limited to:- 
  • Payment transactions (TT, Cheque and Cash) and ensuring that the control procedures are complied with.
  • Posting cheque payments and receipt to the appropriate general ledger accounts
  • Weekly and monthly bank reconciliations and weekly cash reports to treasury
  • Cash handling
2) Inventory Management
Maintain the inventory module including but not limited to:-
  • Booking documents for receipts and issues for assigned stores / warehouses
  • Preparation of ink formulations for the currency orders.
  • Reconcile inventory modules to general ledger
3) Accounts Payable Management
Maintain the payables and purchasing module including but not limited to:-
  • Booking dully supported and approved supplier invoices to the appropriate general ledger accounts
  • Reconcile supplier statements to the payables supplier balances
4) Accounts Receivable Management
Maintain the accounts receivable module including but not limited to:-
  • Book Cheques & Cards sale invoices and despatch to customer with appropriate backup documentation.
  • Weekly update of AR outstanding balances to the sales team to facilitate collection planning
5) General Ledger Management
Maintain the General Ledger module including but not limited to:-
  • Posting journals into GL
  • Bi-monthly reconciliations of GL balances and Subsidiary modules
6) Management of the Payroll
  • Maintain the Payroll system, payroll data, processing all required monthly payroll transactions and ensure approved monthly payroll bank transfers to staff accounts are done on time and other payroll procedures.
Qualifications and Skills
  • Undergraduate Degree in Finance/Accounting
  • CPA (K) or ACCA 
  • Registered member of relevant professional body
  • Minimum 3 years of working experience in a multinational manufacturing organization
  • Proficient in use of SAP ERP
  • Conversant with standard costing system

Senior Accountant

Reporting to the Financial Controller, this is a position responsible for preparation of financial statement for management and statutory purposes.
Principal Accountabilities
Financial Reporting
  • Oversee accurate, complete and timely processing and posting of information into the financial system.
  • Perform and ensure journal entries and account reconciliations are completed accurately and timely.
  • Maintain the fixed asset register and lead the department’s efforts to integrate FAR to GL
  • Manage inter-company transactions and balances agreement.
  • Prepare Trial Balance and financial reporting pack for upload into HFM and head office consolidation
Management Reporting
  • Review of job costing, WIP analysis and closed job report.
  • Management reports for review of financial and production KPI’s
Tax and Treasury
  • Manage daily site treasury requirements and ensuring that the company's cash flow is adequate to allow it to operate effectively and forecasting cash payments and anticipating challenges arising from limited cash flow
  • Manage EPZ operator and enterprise legal requirements including but not limited to EPZ quarterly and annual returns, renewal licenses, transaction implications etc.
  • Manage KRA Tax requirements for EPZ operators and enterprise, commercial & logistics tax implications for shipments into and out of an EPZ zone
  • Ensure compliance to Income tax provisions - statutory payroll returns and remittances including provident fund returns
  • Compute and prepare monthly standard levy payment and returns
Financial Controller
  • Ensure the timely production of all budgets, forecasts and management and statutory reports to meet Group and Divisional requirements
  • Ensure maintenance of records required to safeguard the profit Centre’s assets and the integrity of the profit center accounts
  • Control all capital expenditure within laid down budgetary and authorization limits and justify such expenditure to management
  • Install, develop and monitor financial stock control procedures which effectively safeguard the factory's assets.
  • Carry out post-evaluation of capital expenditure projects to determine their cost effectiveness, and advise management accordingly.
Qualifications and Skills
  • Undergraduate Degree in Accounting
  • CPA (K) or ACCA 
  • Registered member of relevant professional body
  • Minimum of 5 years of corporate treasury and financial accounting experience
  • Must have a background in  a multinational manufacturing organization
  • Strong knowledge of EPZ operations, Tax requirements for EPZ operators and enterprise, commercial, corporate treasury functions and financial reporting
  • Proficiency in use of SAP ERP
  • Conversant with standard costing system
Interested candidates are requested to forward their updated CVs to by Wednesday 23rd March, 2016 stating their current and expected remuneration, daytime telephone contacts and addresses of three referees. 

Only shortlisted candidates will be contacted.