Chief Finance Officer Jobs in Kenya
The CFO will be responsible for providing overall leadership and oversight with respect to all financial matters including planning, fund raising, budgeting, forecasting, statutory compliance, tax, accounting and reporting.
The jobholder will also be responsible for putting in place systems, processes and procedures that enables efficient and effective delivery of results and for measures that enable continuous improvement within the Finance Department.
Chief Finance Officer Job Responsibilities
Financial Planning and Reporting
Preparing, maintaining and reporting on operating and capital budgets and forecasts and planning cash flow to ensure efficient use of financial resources and liquidity
Ensuring that monthly, quarterly and annual financial statements are issued on a timely basis and are accurate and complete.
Establishing and maintaining proper systems, procedures and controls that ensure financial resources and assets are managed prudently and in accordance with the budget.
Ensuring proper matching of financial assets and liabilities and timely collection of debts and payment of suppliers and maintaining of an appropriate credit control policy.
Oversee the preparation and completion of audited accounts.
Ensuring that funding sources are matched with working capital needs for liquidity in order sustain operations.
Manage the production of monthly consolidated management accounts including performance indicators and other management information.
Provide an accurate & timely finance services including setting and monitoring of budget, forecasts, cash flow analysis, management and financial accounts, plus advice and support to inform decision making at all levels of the organization.
Provide strategic financial leadership across all areas of the organizations with regard to safeguarding the current and future financial position company.
Financial Analysis & Tax
Oversee the preparation of various financial analysis, modeling and financial KPI’s.
Oversee the establishment of effective financial benchmarking tools to facilitate timely reporting and enable effective strategic and operational decision making.
Oversee the putting in place of effective tax efficient structures.
Ensure appropriate statutory compliance including on taxation matters.
Ensure all VAT filings and payments/receipts are in accordance with deadlines.
Ensure all other tax returns are filed and tax payments made in a timely manner.
Ensure all statutory obligations are dealt with promptly.
Capital Structuring, Funds
Raising and Treasury
Coordinate and liaise with Banks, Financial institutions and service providers and creditors with respect to the sourcing, structuring and securing of various funding requirements.
Monitor the company’s daily cash position ensuring cash is held in appropriate accounts.
Prepare short term cash flow forecasts.
Manage and improve the financing of working capital & generation of cash flow.
Ensure proper matching of financial assets and liabilities and timely collection of debts and payment of suppliers and maintaining of an appropriate credit control policy.
Regularly and effectively liaise with funders on timely disbursements of funds to the business.
Ensure timely settlement of obligations to funders including interest and principal repayments.
Design and implement improvements in treasury management processes.
Requirements for the Chief Finance Officer Job
A Bachelor’s degree in Commerce, Finance or Accounting with an MBA or MSC in Finance.
Professional qualifications in CFA, CPA (K) or ACCA with relevant registration with either of the professional bodies.
Experience in engaging with C level executives and financiers in negotiations is highly desirable.
Over 10 years relevant work experience of which 5 should be in a senior finance management position.
Good understanding of VAT and Income Tax Act and an appreciation of Excise Duty and Import Duty Regulations.
Proven experience in investment analysis, capital raising and investment structuring is highly desirable.
Experience in the FMCG industry with business knowledge on risk management, strategy development and execution, business consulting, information systems, logistics and productions will be an added advantage.
How to apply
Interested candidates should apply online by 19th June 2018.
For more information and job application details, see; Chief Finance Officer Jobs in Kenya
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