The role sits within Group Finance and supports comprehensive finance needs for the property subsidiary (HFDI), the property joint venture entities (JVs), the holding company (HF Group) and consolidation processes.

The role holder is expected to be experienced in financial reporting for real estate business and also preferably banking will be responsible for preparation of management accounts for the entities, financial reporting, credit control, planning and budgeting, internal and external audit for the entities and support the Head of Finance Shared Services with consolidation.

Principle Accountabilities

Financial Planning & Analysis

• Work closely with business leaders to develop strategic plans and initiatives.
• Assess the financial viability of proposed projects or investments, evaluate potential risks, and provide recommendations to support strategic decision-making.
• Prepare budgets, forecasts, and variance analysis to help management understand financial trends and make informed decisions.
• Performance Monitoring: track key performance indicators (KPIs) and financial metrics to monitor business performance. Identify areas of improvement or concern and collaborate with stakeholders to implement corrective actions or capitalize on opportunities.
• Act as a bridge between finance and business functions, providing financial expertise and support to help HFDI achieve its goals.
• Support business with strategic business initiatives like REIT structures and reporting

Management Reporting

• Ensure end of month processes and procedures are adhered to and period close done as per the policy
• Ensure efficient and effective accruals for costs yet to be booked by the last day of each month
• Prepare the management reports
• Ensure that the TBs are reliable
• Investigate system anomalies and work with system teams and vendor to resolve system issues
• Ensure end of year processes and procedures are adhered to and year close done as per the policy
• Performing monthly comparative statistical analyses of financial numbers, following up on unusual variances with business teams, and preparing highlights of the major variations

Financial Reporting

• Prepare the financial reports to senior management and the board.
• Prepare the audited financial reports for the property business, joint ventures and support with the consolidated financials
• Provide guidance on accounting requirement (IFRS) like revenue recognition and consolidations
•  Facilitate cross-functional learning programs on new accounting, reporting requirements

Tax Accounting & Planning

• Co-ordinate with the Group Tax Unit to have monthly tax computations done
• Ensure tax numbers (eg tax recoverable, deferred tax etc) reported is validated against tax computations and iTax ledgers.
• Work closely with the Group Tax Unit to identify tax planning opportunities

Coordination of internal and external audits

• Ensure audit schedules requested by the auditors are timely provided.
• Articulate management judgement to external and internal auditors on reporting standards, regulatory guidelines and internal controls
• Ensure audit queries are handled and where necessary escalations done.
• Assist to close finance related matters raised by external auditors.

Credit control

• Oversee sales collection & reconciliations
• Provide guidance on and enforce approved credit periods for policyholders and employers

Principal Outputs for this role

• Monthly management reports
•  Quarterly publications
•  Internal and external audit liaison

Key Competencies and Skills

• Advanced Ms Excel proficiency
• Good understanding of IFRS 15
• Good financial controls skills
• Excellent analytical skills
• Ability to meet stringent deadlines
• Good negotiation and interpersonal skills
• Experience in external audit for property companies and banks will be an added advantage
• Prior user experience in SAP will be an added advantage

Minimum Qualifications, Knowledge and Experience

• Degree in business related field
• CPA(K)
• Registered member of the ICPAK

Experience and Competencies

•  At least 6 – 8 years’ experience in financial reporting (of which at least 4 must have been in property business and at least 2 preferably in banking financial reporting)