Job Description
Reports To: Operations Director
OVERVIEW:
The ability to manage a finance department and its associated activities is a prerequisite for this role. However, the appropriate candidate must also have the aptitude and ambition to look beyond these functional responsibilities and seek to play a significant role in the development and execution of the long-term strategy for our business. Candidates should see this role as an opportunity to enhance their finance and business acumen and develop their career as part of a young, dynamic leadership team.
JOB PURPOSE:
The Finance Manager is responsible for overseeing all aspects of the organization’s accounting function. S/he will implement the infrastructure/systems needed to support substantial growth over the next five (5) to ten (10) years. S/he will continue to build and manage effective and streamlined administrative/financial systems, including financial, accounting, information technology (IT), and human resources (HR).Safeguard that all ledger accounts, financial statements and cost control systems are operating effectively.
RESPONSIBILITIES (FUNCTIONS AND DUTIES):
Financial Management:
Review and approve preparation and finalization of monthly and annual financial reporting materials and metrics for the ED and maintain company financial information integrity
Manage one full-time accounting administrator; and retain support staff as needed in the future
Coordinate all audit activities – internal and external
Evaluate current accounting practices and policies and drive continuous improvement
Coordinate monthly closing process during stock takes and aim to have minimal stock discrepancies
Safeguard that all ledger accounts, financial statements and cost control systems are operating effectively
Financial and Operational Management:
Ensure that finance staff maintain financial record systems in accordance with Generally Accepted Accounting Principles, and monitor the use of all funds
Develop and monitor policies and procedures within generally accepted accounting principles and corporate guidelines to ensure sufficient cash flow, reducing operating costs, and increased revenues
Reviews all suppliers and customer invoices to ensure they are all posted correctly and VAT is well captured
Administer proper filling of all documents; this includes internal and external documents provided
Encourage and lead accounts assistants to follow Company policies and achieve efficiency
Oversee stock taking and inspect all stock information is posted correctly in the system and all bin cards in all departments. Reconciling any discrepancies.
Communicate through reports both the Company’s expected and actual financial performance
Formulate a payment plan by observing the nature of incoming cash flow (finding information of ongoing events with customers that may affect payment issues) versus operations payment needs
File all Company taxes correctly and confirm the Company is abiding with all tax laws.
Review, investigate, and correct errors and inconsistencies in financial entries, documents and reports
Behavioral Competencies:
Acquisition target, due diligence and integration experience
Ability to delegate work responsibility with strong interpersonal skills
Problem solving and strategizing capabilities
Progressive experience leading teams and managing projects
High level of integrity and dependability with a strong sense of urgency and result-orientation
Demonstrated ability to build relationships and communicate with peers, subordinates and executive management
Ability to be adaptable and flexible
Ability to multitask and prioritize work
Excellent verbal and written communication skills
EXPERIENCE:
5-10 years’ experience where experience in an FMCG is a strong advantage
EDUCATION AND SPECIALIST KNOWLEDGE REQUIRED:
Bachelor’s Degree in accounting or finance from a respected institution.
A CPA (K) or Master’s Degree
A full understanding of the accounting software QuickBooks is essential; ERP system knowledge an added advantage
Remuneration: Kshs 100,000/- – 200,000/- (depending on qualifications, skills and experience)
go to method of application »
