Finance Manager Jobs in Nairobi, Kenya
Finance Manager Jobs in Nairobi, Kenya
Our client, a sister company to a blue – chip cross-border market leader in the food service industry, with a legacy of leading the way in providing customers with best-in-class food experiences, innovative technology and new products, as well as delivering exceptional service is urgently looking for a strategic, action-oriented and experienced Finance Manager.
The successful candidate will provide leadership to the finance and accounting areas of the organization, proposing and implementing improvements in processes to increase efficiency.
Essential duties and responsibilities:
Financial Management & Oversight
Provide leadership to the finance and accounting areas of the organization, proposing and implementing improvements in processes to increase efficiency.
Provide useful financial insights to help make better decisions about formulating and executing strategy and provide guidance and analysis to executive and operational management to improve results.
Maintain control of the following areas: general ledger, accounts receivable, accounts payable, expense reports and payroll.
Prepare a variety of ad hoc financial scenarios as requested by management.
Ensure full compliance with Kenya Revenue Authority, Registrar of Companies, and other regulatory bodies.
Ensure accurate and timely financial reporting for decision making and group consolidation.
Overall responsibility for maintenance of internal control systems.
Collaborate and lead finance functions with the budget owners / managers.
Provide finance support and collaborate closely with the operations team.
Key contact with bank support personnel and Tax Advisors.
Periodic meetings with the Regional Finance team (Managing Director and Group Finance Director) for all accounting needs and deliverables.
Ensure maintenance of an up-to-date assets register and proper risk mitigation i.e., against losses and misuse, insurance etc.
Ensure proper inventory management.
Take lead in month-end and year-end audit process.
Act as the key point of contact with all our banks and perform all bank agent related roles.
Financial Control & Accounting
Observe and implement accounting systems, payments, bookkeeping, and statutory filing.
Ensure that all financial transactions are processed accurately, in a timely manner, and in accordance with generally accepted accounting principles through the Predictive system, identifying and correcting any variances.
Develop, implement, and maintain processes and controls that are current best practices related to transaction processing.
Manage, oversee, process (as appropriate), all the following transactions: payroll, accounts payable, revenue and expense, fixed assets, cash, bank reconciliations, and allocations.
Perform month-end closing procedures, including account reconciliations, and updating of all schedules.
Maintain an orderly accounting filing system.
Revenue management and improvement of payment systems.
Implement strong internal control systems in the finance department.
Review and recommend optimisation of accounting systems and procedures.
Financial Reporting
Ensure the monthly budget versus actual report is up
to date and shared with the Senior Management team.
Prepare and present management financial reports to the Board of Directors within established timeframes.
Minimize the number of errors from the team through constant feedback and in reporting.
Prepare and analyse accurate monthly financial and management reports, including income statement, balance sheet, budget and variance, projections and forecast, and cash flow statement.
Submit accurate, complete, and timely management reports.
Coordinate the preparation of the audited financial statements and all tax returns.
Reporting as needed to the regional finance team on Group financials.
Budget Management:
Involved in the preparation of periodic budgets and updates.
Ensure budgets are entered into the accounting system.
Ensure management reports are prepared and have clear explanations as to variances at month, quarter, and year-end.
Offer periodic training or refresher training to the teams aimed at improving financial management, discipline and accountability as stipulated in our policies and procedures.
To perform any other duties as required by Management.
Key Competencies & Qualifications:
Bachelor’s degree in Accounting or Finance
Certified public accountant (CPA, K) or ACCA qualification.
Minimum of 7 years of finance and accounting experience, including finance, accounting, audit, and analysis (including gathering, evaluating, presenting, and reporting financial information to management and external stakeholders).
Minimum of 3 years of managerial experience leading finance teams and cross-function collaborations.
Solid experience in coordinating audit activities and managing reporting, budget development and analysis, accounts payable and receivable, general ledger, payroll, and accounting.
Proficiency with financial reporting systems and excellent Excel skills.
Entrepreneurial drive and proven ability to take ownership and lead the team’s combined learning.
Collaborative, data-oriented approach to problem-solving.
Demonstrated ability to work in a self-directed manner, seeking out areas that need attention rather than being asked to look at specific problem areas.
Consistently asks for help and seeks advice from colleagues to let the best idea or process win.
Engaging and interactive communicator with a passion for coaching others.
How to Apply
If you’re up to the challenge, kindly send CV and cover letter only to
recruitment@linkarkconsultants.com before close of business 16th May 2022.
Clearly indicate the position applied for and expected salary on the subject line.
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