Job Description
The goal is to enable the company’s leaders to make sound business decisions and meet the company’s objectives.
Responsibilities
Develop and document business processes and accounting policies to maintain and strengthen internal controls
Oversee operations of the finance department, set goals and objectives, and design a framework for these to be met.
Developing and managing financial systems/models
Preparing and interpreting reports, budgets, accounts, commentaries and financial statements.
Managing budgets
Maintain the financial health of the organization.
Producing long-term business plans
Analyse costs, pricing, variable contributions, sales results and the company’s actual performance compared to the business plans.
Verification of payments to employees
Preparation of payment schedules to creditors according to agreed payment terms
Undertaking research into pricing, competitors and factors affecting performance
Develop trends and projections for the firm’s finances.
Conduct reviews and evaluations for cost-reduction opportunities.
Liaise with auditors to ensure appropriate monitoring of company finances is maintained.
Liaise with KRA, labour and other government organizations
Controlling income, cash flow and expenditure
Managing compliance with all the statutory obligations as well as taxation for the company, in accordance with Kenyan government requirements.
Correspond with various other departments, discussing company plans and agreeing on future paths to be taken.
Undertaking strategic analysis and assisting with strategic planning
carrying out business modelling and risk assessments
Supervising staff
Liaising with managerial staff and other colleagues.
Required Qualifications
Proven experience as a Financial Manager.
Extensive understanding of financial trends both within the company and general market patterns
Proficient user of finance software
Experience in using ERP System. Implementation of ERP system in a company will be a plus.
Strong interpersonal, communication and presentation skills
Able to manage, guide and lead employees to ensure appropriate financial processes are being used
Understanding of LC payment terms and conditions
Experience with debt restructuring is a plus.
A solid understanding of financial statistics and accounting principles
Working knowledge of all statutory legislation and regulations
Minimum requirement of Bachelor’s degree in Finance/Accounting. Master’s degree is a plus
Professional qualification such as CPA or similar will be considered a plus
Experience working in an Engineering/Manufacturing firm will be an advantage.
