Commercial Finance Manager Job in Nairobi, Kenya

Commercial Finance Manager Job in Nairobi, Kenya


Vacant Position: Commercial Finance Manager

To Be Based in Nairobi.

Job Summary: To provide a full financial and management accounting service to the various divisions and proactively manage accounting processes with business units thereby ensuring that financial ratios are met.

Key responsibilities for the role will include:

  • Preparation of division annual financial budget and quarterly forecasts
  • Preparation and publication of division monthly management accounts including executive summary and variances
  • Take ownership of division balance sheet integrity and working capital management
  • Proactive management of financial ratios and key performance ratios
  • Division cash-flow projection monitoring and reporting
  • Responsible for Bill of Materials, costing and yield analysis
  • Fleet management budgeting, accounting and variance analysis
  • Contribute to the procurement and inventory processes, reconciliation between PO, delivery note, invoice, payment and stock consumption
  • Manage purchase price variance and report on the impact of variable purchase costs for raw materials
  • Manage production variances and report daily, weekly and monthly
  • Oversee stock takes and analysis of variances
  • Volume analysis
  • Control and management of petty cash disbursements and reconciliation thereof
  • Participate in preparation of capital investment request, motivations and return on investment calculations
  • Prepare feasibility
    studies on various projects within the division as required
  • Review and implement internal controls within the business to mitigate risk
  • Establish solid understanding of manufacturing and logistics processes
  • Provide input to the annual strategic planning process
  • Trace and reconcile retail income sales information statistics and gross profit analysis
  • Preparation of year end audit files
  • Manage full compliance of division financial policies and procedures
  • Ensure financial data security
  • Successful implementation of the ERP
  • Talent and people management of the commissary finance department

    Key Attributes:

  • Financial and Cash flow budgeting
  • Variance analysis
  • Investment appraisal
  • Stock management
  • Talent and people management
  • Volume analysis
  • Successful implementation of the ERP
  • Reduction working capital cycle
  • Alignment of system BOM and actual production
  • Reduction in variances
  • Successful ERP implementation

    Job Specifications:

  • Demonstrate detailed financial awareness for manufacturing and commercial analysis

    Qualifications:

  • CPA (K) and Bachelor’s degree in Finance

    Experience

  • At least 5 years in manufacturing and commercial analysis
  • Financial analysis of B2B Opportunities

    How to Apply

    If the above profile describes you, this could be the big opportunity you have been looking for.

    Please send a CV and a cover letter outlining your availability and salary expectations to careers@talentsolutionsmanagement.co.ke before 8th November, 2019.

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