Commercial Finance Manager Jobs in Nairobi, Kenya

Commercial Finance Manager Jobs in Nairobi, Kenya

  • Our Client is a fast expanding organization with revenues that are growing by 25% annually.

  • They currently employ approximately 2000 staff and they anticipate this number to increase by 25% annually over the next 3 to 5 years.

  • Its employees are integral to the success of the business and are highly valued.

  • The company operates regionally in Kenya, Uganda and Rwanda with plans to continue their expansion in the region.

    Primary Purpose and Scope the Job:

  • 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.

  • Real time operations at Foodscape.

  • Continuous improvement of ERP operations.

  • Talent development, training and mentorship.

    Job Specifications

  • Demonstrate detailed financial awareness for manufacturing and commercial analysis and management accounting.

  • Demonstrate good people skills.

  • Demonstrate ability for data analysis and keen eye to detail.

  • Demonstrate ability to build a cohesive team spirit and talent management.


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


  • At least 5 years in manufacturing and commercial analysis.

  • Experience with financial ERP crucial; knowledge of MS Dynamic 365 an advantage.

  • 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 cover letter outlining your availability and salary expectations to

  • before 16th July, 2021.

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