Experience

Canaan Plastics Limited

• Kenya
• Plastics Manufacturing
• 1 - 100 Employee

• Finance Manager

  • Jun 2021 - Present

  • Preparing and finalizing the departmental budget and master budget. • Performing cost controls and costing Management Information System (MIS). • Analyzing product margins, pricing trends, and RM cost trends and recommending remedial actions. • Analyzing company costs such as the cost of imported raw materials and overheads. • Validating pricing of finished goods and ensuring deviations are corrected upon approval. • Computing accurate and up-to-date product cost information to aid product pricing. • Processing salaries of employees and consultants. • Interacting with Banks concerning credit facilities, loans, overdrafts, letters of Credit, Intra-Group transfers, overseas transfers, etc. • Reviewing management information system (MIS) reports of other departments. • Controlling all the cheque books and cash balances and getting all payments signed by the cheque signing authorities and releasing them to the party. • Conducting monthly General ledger scrutiny, customer and vendor ledger reconciliation. • Preparation of daily management reports which includes, petty cash analysis, daily sales report and bank journal. • Preparation and presentation of weekly management reports of actual vs budgeted target to the board which includes sales, accounts receivables, accounts payables, inventory of raw materials and finished goods, cashflow plan. • KPI tracking and management • Preparing monthly Balance sheet and Profit & Loss accounts, cash flow statement, and budget vs. actuals. • Arranging verification of stock on monthly basis and assets on yearly basis. • Obtaining adequate insurance of properties of the company, inventory, cash, Movement of inventory, Third party insurance, Employee Term policy, Employee Personal accident policy, and Employee Medical policy such as time to time. • Making sure of timely payment of Taxes and statutories on time VAT, PAYE, NITA, STD LEVY, WHT, EXISE Show less