Job description
Our subsidiary in Kenya is looking for a Finance Manager to oversee the function for Kenya and prepare for the expansion plans of the Organization throughout East Africa. The successful candidate shall be strong in financial reporting, local statutory requirements, financial advice and direction, budgeting, growth and profitability, coordination of finance teams. He/She will work closely with the Regional Finance Manager for East Africa and with our Regional Head Office in Dubai, and will manage his own team within the Organization.
Key points:
Only Kenyan candidates shall be considered
Only those with 5 – 10 years experience shall be considered
Due to the large number of responses, only those selected shall be contacted for an interview
Please ensure sending your resume OR having a complete LinkedIn profile with contact details, otherwise your application shall be declined.
Main Duties and Responsibilities
Accounting, systems and financial controls
• Develop and oversee the continuous improvement of accounting and financial processes and the development of the team with the goal to achieve best practices, accuracy and efficiency.
• Develop and oversee accounting policies and procedures to meet IFRS and Essilor Group standards
• Drive information systems evolutions to support the finance and business needs
• Oversee the external audit, review the audited statutory accounts.
Management reporting
• Oversee the financial management reporting process
• Present monthly and year-to-date financials with accompanying analysis of results to management team and regional head office.
• Ensure financial management reporting tools and processes are in place to support the ongoing and future needs of the business.
• Ensure timely submission of all internal reporting requirements to head office
• Identify and present profitability improvement initiatives
• Conduct ad hoc financial analysis as required.
Budgeting / Planning
• Coordinate the annual forecasting and budgeting process.
• Provide visibility on performance of the overall company and each business unit against budget / forecast
Cash and risk management
• Oversee the cash management function, including banking relationships
• Optimize cash position, develop cash flow forecasting
• Review and approve all capital expenditure projects
• Set relevant KPIs to improve working capital (inventory, receivables, payables)
• Support management teams in defining processes to improve receivables collection and stock level
• Ensure appropriate legal review of contracts and solicit internal and external legal advice when required.
Meet legal and tax requirements
• Oversee preparation of tax returns and review final returns prior to submission to the tax authorities
• Ensure proper documentation of transfer pricing policy in compliance with local requirements
• Ensure submission of all reporting requirements including statutory accounts to local authorities
The above duties are not exhaustive and may be amended from time to time as deemed necessary by the Executive Management.
Qualifications and Experience
Bachelor’s degree or equivalent work experience
Certified CA preferred
Five to ten years of financial and management experience with the day-to-day financial operations of an organisation in an industry similar to healthcare/pharmacare/manufacturing
Any equivalent combination of education and experience determined to be acceptable
Skills Required
Soft skills
Attention to detail
High analytical capacity
Ability to lead a team, work independently yet within a larger group
Honesty, integrity and accountability
Positive work ethic
Hands on, willing to get involved with various issues, not just finance related matters
Region of Coverage:
Kenya and some neighboring countries
This position will require some travel.
Transversal Responsibilities:
All employees have a responsibility to contribute to the Group’s sustainability and in doing so ensure that we can continue to fulfil our mission of improving lives by improving sight.
All business decisions and actions must serve and be in line with the Group’s sustainability goals and mission.
