Jobs at Phillips Consulting

• Develop and maintain the system of KPIs to be used to monitor performance from the corporate level down to the individual employee level
• Develop the system for collecting, collating and analyzing data to be used to report on performance

• Prepare the Corporate Annual Budget before the start of each year
• Monitor, analyze and report expenditure variances against budget that are above 10%
• Prepare a 12-months rolling cash flow projection showing the net monthly cash position and inform treasury of any perceived shortfalls or surpluses

• Analyze information for business decisions and advise management on the financial implication and status of their operations and/or projects
• Prepare the Annual financial statements in line with IFRS; liaise with external auditors and ensure that the company returns a clean audit report
• ensure that all reporting obligations to external parties such as the regulator are met

• Develop, implement and maintain a Financial Procedures and Accounting Manual
• Coordinate the company’s periodic stock taking, asset verification and valuation exercises

• Ensure staff in the unit have the resources necessary to carry out their duties
• Prepare annual budget and effectively manage cost
  
• Supervise and manage staff to ensure smooth and effective operations

• Bachelor Degree in Accounting or any other Finance related fields
• Minimum of 5 years experience in a similar role with audit or investigation experience
• Minimum of 5 years in a management position
• ICAN certified
• Member of Chartered Institute of Management Accountants (CMA)

PLANNING:
Produce a financial forecast for company performance annually for submission to the board by November

• Put together and communicate the required templates for the department's effective delivery of the company financial plan
• Assist the Finance Department in designing the appropriate structure and applying accounting policies that optimise tax planning
• Plan meetings with statutory bodies, auditors, consultants and local suppliers as appropriate

ORGANISATION:
Organise regular meetings with the Regional Finance Managers on regional outturns, expenditure review and BC performance on a 2JC basis

• Ensure required financial records are generated and maintained at all branches and reported on time to Head Office
• Arrange the appropriate schedules and documents required for the Statutory Audit
• Coordinate through RFMs that invoices and payment vouchers are updated on ERP system on a daily basis
• Monitor through RFMs the receipts, issues and transfers of stocks at branch and regional level
• Maintain and reconcile the accounts of suppliers & third parties

REPORTING:
Produce company reports, including: A) JC Management Accounts, B) Branch/Region Profitability Report on 4 JC Plan, C) Annual Budget and variances D) Weekly Cash Flow Statement E) Annual Financial Statements by the end of Jan for filing by June

• Produce journey accounts before the end of first week of the subsequent JC
• Produce a financial plan for the year by November for the following year
• Produce Budgeted Vs Actual expenditure & variance analysis on a regular basis
• Generate relevant information for the regional review meetings
• Produce weekly cash flow statement

CONTROL:
Ensure that company accounting policies, procedures are in place in order to ensure that employees comply with the company polices and the company is compliant with local authorities

• Ensure that all expenses are put through the relevant company approval process
• Action all statutory payments are made on or before the due date
• Obtain the necessary clearance from tax authorities for the company tax returns

TRAINING & DEVELOPMENT:
Responsible for the identification and implementation of the training and development needs for the accounts department, including self and RFMs

• Assess the need for training & its implementation in respect of IFRS
• Address performance requirements of direct reports
• Ensure that regular workshops are conducted for BCs either directly or through RFMs

ADMINISTRATION:
Ensures that the accounts department creates, coordinates and updates the templates for all aspects of company financial reporting to facilitate timely submissions

• Check ongoing compliance with financial policies
• Check authenticity of reports & expenses reported
• Hold RFM meetings alternate journeys
• Process personal administration on a timely basis and approve the expenses personally for direct reports

• First degree or equivalent in accounting, finance, business administration or related field
• An MBA will an added advantage
• People and budget management experience
• Minimum of 7 - 10 years of experience in financial analysis, of which at least three (3) must have been at a strategic/ senior management level

• Ensure that there are adequate procedures to safe guard the company’s revenue
• Ensure that the laid down procedures are being adhered to through an effective system of monitoring, reporting and information management
• Ensure the validity and completeness of customer records on the billing system(s) by exercising effective oversight of the inputs to the systems
• Account for the flow of revenue from purchase of power, to sales and collections for both Post-paid and Prepaid customers on a daily basis
• Determine the charges to be levied as penalty, loss of revenue etc that are not electricity sales
• Ensure that the Accounts receivable figure in the financials agrees with Billing records by reconciling the two on a monthly basis

• Ensure the development and deployment of payment channels
• Determine areas for improvement both in terms of revenue enhancement and/or loss reduction
• Drive initiatives that increase revenue collection

• Determine and report on a monthly basis the company’s ATCC loss level and compare with the agreed loss reduction trajectory
• Provide Management with a daily/monthly/quarterly reports on revenue management

• Degree in Accounting or any other Finance related fields
• Minimum of 5 years' experience in a similar role with Audit or investigation experience
• Minimum of 5 years in a senior management position
• Member of ACA, ACCA or CMA
• ICAN Certified will be an added advantage

• Account accurately for the purchase of energy from the market operator and allocate the cost to the appropriate cost centres/business units
• Account for the sale of energy and other non-energy charges in line with billing and vending records
• Ensure that appropriate tariffs and other rates are being applied to the units sold or charges raised
• Ensure that market operator bills are in line with purchased power and that settlement is done in line with the payment calendar

• Ensure that the company is making effective use of technology to give customer choice and making revenue collection as efficient as possible
• Oversee all bank accounts including the opening, closure and operations of all rights and signing mandates
• Minimize the levels of float to be held within banking system
• Ensure that at all times the company has a valid debtors listing which has been properly aged and reconciled

• Ensure that the DAs are exercising effective oversight over the updating, amending and other changes to billing records by reviewing all such inputs
• Ensure that at all times the company has a valid debtors listing which has been properly aged and reconciled
• Ensure that customer accounts are updated on a daily basis using data from both the post-paid and vending system

• Arrange and Manage any facilities and/or funding arrangements entered into by the company and ensure compliance to all covenants
• Prepare and update 5 year rolling financial plan and the financial model for the company
• Determine appropriate funds investment strategy to be applied to temporary surplus in funds available for operations

• Bachelor Degree in Accounting or any other Finance related fields
• Audit or investigation experience
• Minimum of 10 years' experience in a similar role
• Minimum of 5 years in a senior management position
• ICAN Certified
• Member of ACA, ACCA or CMA