General information
Join our CFAO MOBILITY Division!
MEETING THE MOBILITY NEEDS OF BUSINESS & INDIVIDUALS
Mobility is one of the keys to development on the Continent.
We must constantly fi nd the most efficient mobility solutions for the greatest number of people.
Wherever we operate, we need to move from selling vehicles to providing mobility solutions for everyone.
Our Offer includes the complete automotive offering , including, two-wheelers, marine engines,coaches, lorries, handling equipment, tyres and spare parts.
Our production and assembly sites in Africa are a shining example of our commitment to actively support industrialisation in the region and creating an affordable offer.
We looking for a Senior Accountant - Treasury based : Kenya
Job description:
The role reports to Finance Manager - Accounting and based in Finance Department Treasury section - Head Office.
Direct reports to the role include Treasury Accountants, Assistant Treasury Accountant and Cashiers.
The Senior Accountant Treasury will be responsible for overseeing and managing all aspects of treasury operations within the organization. This includes cash management, liquidity management and ensure compliance with CFAO Mobility Kenya (CMK) cash management guidelines and oversees the smooth operations of the Teller Implants in line with service provider contract. In addition to ensuring Cash-flow projections are updated on a timely and accurate basis.
Managerial Responsibilities:
a. Monitor cash flow forecasts and projections to identify potential liquidity risks or opportunities, providing recommendations to management for appropriate actions to optimize cash management strategies and mitigate financial risks.
b. Provide leadership and guidance to the Treasury team, fostering a culture of accountability, integrity, and continuous improvement in all aspects of cash handling and financial operations.
Profil request:
Operational Responsibilities:
1.Cash Management:
•Provide training and guidance to all cashiers and ensuring they have all the necessary skills and knowledge to perform their roles effectively and efficiently.
•Review teller / cashier posting and ensure all petty cash payments / receipts are correctly posted in the ERP.
•Update of daily rates in SAP
•Ensure posting of all credit card related charges as well as monthly reallocation of all guarantee charges to correct cost centres by the 1st working day of the subsequent month.
•Prepare monthly bank reconciliations for allocated bank accounts and ensure no reconciling items are carried forward past 1 month.
•Daily monitoring of Kyriba integration and ensuring all miscellaneous flows are cleared.
•Ensure all unpaid cheques are reversed within 1 day of notification and submit the cheques to the credit team for custody and debt follow up.
•Monitor daily cash balances and cash flow forecasts to ensure adequate liquidity for operational needs and strategic initiatives.
2.Risk Management:
-Regularly review and update cash management policies, procedures, and guidelines in accordance with changing regulatory requirements, industry best practices, and organizational needs
3.Treasury Operations:
•Monitor foreign exchange rates and interest rates and advise management on the trends in the market to ensure the company benefits fully from foreign exchange transactions
•Monitor bonds and bank guarantee records and review the monthly charges of the same before closure of accounting records.
•Maintain up-to-date FEC register and liaise with banks for regular valuation as per accounting guidelines.
•Negotiate the best interest rates available with the bank for term deposit placements to ensure high returns to the business.
4.Financial Reporting and Analysis:
· Prepare and analyse treasury-related financial reports, including cash flow statements, bank reconciliations for allocated accounts and submit per set deadline for review by the FM
· Prepare the forex analysis after the revaluation of accounts
· Analyse bank related expense accounts such as bank charges, bonds & guarantee fees by the 2nd working day of the month for management reviews
·Preparation and uploading timely and quality HFM quarterly report
5. Team Leadership and Development:
· Lead and mentor a team of treasury professionals, providing guidance, training, and performance feedback.
· Foster a culture of collaboration, accountability, and continuous improvement within the treasury function.
Knowledge, skills Experience
1. Degree in a Business related field from a recognised institution
2. CPA (K)
3. Five years of relevant work experience from a reputable organisation
4. SAP Knowledge
The Job Opening will close on 2nd February 2026