Finance Manager Job at Letshego Rwanda Limited - Career Opportunity in Rwanda
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Vacancy title:
Finance Manager

[ Type: FULL TIME , Industry: Education & Training , Category: Management ]


Jobs at:

Letshego Rwanda Limited

Deadline of this Job:
19th August 2019  

Duty Station:
Within Rwanda , Kigali , East Africa

Date Posted: Monday, July 29, 2019 , Base Salary: Not Disclosed

JOB ADVERT Letshego Holdings Limited was incorporated in 1998; it’s headquartered in Gaborone and has been publicly listed on the Botswana Stock Exchange (BSE) since 2002. It is an inclusive finance-focused group with consumer, micro-lending and deposit-taking subsidiaries across sub-Saharan Africa. An opening has arisen within Letshego Rwanda Limited LRL for the below-mentioned position. This role is tenable at LRL. The Candidate will serve as a key member of the Country management team (CMC). The requirements of the role are outlined below: POSITION: FINANCE MANAGER a) Reports to: CEO Rwanda and Group Finance Manager (Botswana) b) Location: HEAD OFFICE (KIGALI RWANDA) Supervises: Financial Accountants, and Assistant Accountants c) Must-Have ACCA or CPA (Certified/ Completed) .

  Job Responsibilities:
Management accounting and Reporting
• Review trial balance daily to ensure that all transactions from the core banking system (CBS) are transferred to the accounting system (Oracle);
• Review and approve all invoices captured in Oracle for payment;
• Review and approve all journal entries captured in oracle;
• Supervise the reconciliation of all suspense accounts daily and ensure that they are cleared timeously;
• Supervise and review the daily reconciliation of the loan book and deposit book between CBS and Oracle. Supervise and review the daily bank reconciliations;
• Perform a TB analysis monthly to ensure accuracy and completeness of financial information; perform a reasonableness check of interest income and expense monthly;
• Prepare monthly management accounts in the manner required by Group Finance;
• Supervise and review all balance sheet recons and supporting schedules, and maintain an audit file to support financial numbers;
• Maintain an up to date and accurate fixed assets register.
2. Budgeting and forecasting
• Be actively involved in the preparation of the country strategy;
• Drive the annual budgeting process and prepare the budget in line with the country strategy and in the manner required by Group;
• Engage country management in preparing forecasts on a monthly and quarterly basis.
3. Cash flow forecast and liquidity
• Review branch cash holding on a daily basis and ensure cash is replenished or transferred to third party banks timeously;
• Review the deposits maturity analysis daily to ensure that adequate cash is available to honor cash requirements by customers;
• Prepare a cash flow forecast to determine cash needs and inform Group;
• Present to ALCO meeting the status of the company’s liquidity;
• Report to funders monthly/quarterly in line with the terms of the borrowings agreements.
4. Financial Reporting
• Prepare annual financial statements in line with international financial reporting standards (IFRS) and in the manner required by the company’s Act;
• Liaise with external auditors during the audit of financial statements;
• Liaise with the Group auditors during the half-year review, as well as the year-end audit;
• Prepare the financial input to the board pack and present the quarterly financial performance to the Board;
• Keep up to date with all relevant developments in IFRS.
5. Taxation
• Calculate income tax and deferred tax monthly for adjustment of tax numbers in the GL (where applicable);
• Supervise and review VAT returns for declaration monthly and ensure declaration done as required by RRA;
• Supervise and review PAYE returns and RSSB returns monthly and ensure declaration done in line with RRA and RSSB requirements;
• Ensure correct taxes are paid within a stipulated time frame;
6. Regulatory reporting
• Review monthly regulatory returns to be submitted to the National Bank of Rwanda on a monthly basis;
• Review the deposit guarantee return to be submitted quarterly the National Bank of Rwanda, and ensure the correct premium is paid.
7. Compliance
• Calculate prudential ratios (Liquidity, CAR) on a monthly basis and advise management regarding compliance with these;
• Maintain a calendar of key dates for tax returns and tax payments, regulator returns and requirement, and ensure compliance;
• Document and monitor compliance with debt covenants;
• Develop and update finance policies and procedure for CMC and Board approval
8. Coaching and supervision
• Coach and supervise the finance staff;
• Finance staff training and development.

Job Skills: Not Specified

Job Qualifications: Not Specified

Job Education Requirements: Not Specified

Job Experience Requirements: Not Specified


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Job Info
Job Category: Accounting/ Finance jobs in Rwanda
Job Type: Full-time
Deadline of this Job:  19th August 2019
Duty Station: Rwanda
Posted: 29-07-2019
No of Jobs: 1
Start Publishing: 29-07-2019
Stop Publishing (Put date of 2030): 29-07-2065
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