Finance Manager Jobs in Nairobi, Kenya

Finance Manager Jobs in Nairobi, Kenya

  • Our client, a sister company to a blue – chip cross-border market leader in the food service industry, with a legacy of leading the way in providing customers with best-in-class food experiences, innovative technology and new products, as well as delivering exceptional service is urgently looking for a strategic, action-oriented and experienced Finance Manager.

  • The successful candidate will provide leadership to the finance and accounting areas of the organization, proposing and implementing improvements in processes to increase efficiency.

    Essential duties and responsibilities:

    Financial Management & Oversight

  • Provide leadership to the finance and accounting areas of the organization, proposing and implementing improvements in processes to increase efficiency.

  • Provide useful financial insights to help make better decisions about formulating and executing strategy and provide guidance and analysis to executive and operational management to improve results.

  • Maintain control of the following areas: general ledger, accounts receivable, accounts payable, expense reports and payroll.

  • Prepare a variety of ad hoc financial scenarios as requested by management.

  • Ensure full compliance with Kenya Revenue Authority, Registrar of Companies, and other regulatory bodies.

  • Ensure accurate and timely financial reporting for decision making and group consolidation.

  • Overall responsibility for maintenance of internal control systems.

  • Collaborate and lead finance functions with the budget owners / managers.

  • Provide finance support and collaborate closely with the operations team.

  • Key contact with bank support personnel and Tax Advisors.

  • Periodic meetings with the Regional Finance team (Managing Director and Group Finance Director) for all accounting needs and deliverables.

  • Ensure maintenance of an up-to-date assets register and proper risk mitigation i.e., against losses and misuse, insurance etc.

  • Ensure proper inventory management.

  • Take lead in month-end and year-end audit process.

  • Act as the key point of contact with all our banks and perform all bank agent related roles.

    Financial Control & Accounting

  • Observe and implement accounting systems, payments, bookkeeping, and statutory filing.

  • Ensure that all financial transactions are processed accurately, in a timely manner, and in accordance with generally accepted accounting principles through the Predictive system, identifying and correcting any variances.

  • Develop, implement, and maintain processes and controls that are current best practices related to transaction processing.

  • Manage, oversee, process (as appropriate), all the following transactions: payroll, accounts payable, revenue and expense, fixed assets, cash, bank reconciliations, and allocations.

  • Perform month-end closing procedures, including account reconciliations, and updating of all schedules.

  • Maintain an orderly accounting filing system.

  • Revenue management and improvement of payment systems.

  • Implement strong internal control systems in the finance department.

  • Review and recommend optimisation of accounting systems and procedures.

    Financial Reporting

  • Ensure the monthly budget versus actual report is up
    to date and shared with the Senior Management team.

  • Prepare and present management financial reports to the Board of Directors within established timeframes.

  • Minimize the number of errors from the team through constant feedback and in reporting.

  • Prepare and analyse accurate monthly financial and management reports, including income statement, balance sheet, budget and variance, projections and forecast, and cash flow statement.

  • Submit accurate, complete, and timely management reports.

  • Coordinate the preparation of the audited financial statements and all tax returns.

  • Reporting as needed to the regional finance team on Group financials.

    Budget Management:

  • Involved in the preparation of periodic budgets and updates.

  • Ensure budgets are entered into the accounting system.

  • Ensure management reports are prepared and have clear explanations as to variances at month, quarter, and year-end.

  • Offer periodic training or refresher training to the teams aimed at improving financial management, discipline and accountability as stipulated in our policies and procedures.

  • To perform any other duties as required by Management.

    Key Competencies & Qualifications:

  • Bachelor’s degree in Accounting or Finance

  • Certified public accountant (CPA, K) or ACCA qualification.

  • Minimum of 7 years of finance and accounting experience, including finance, accounting, audit, and analysis (including gathering, evaluating, presenting, and reporting financial information to management and external stakeholders).

  • Minimum of 3 years of managerial experience leading finance teams and cross-function collaborations.

  • Solid experience in coordinating audit activities and managing reporting, budget development and analysis, accounts payable and receivable, general ledger, payroll, and accounting.

  • Proficiency with financial reporting systems and excellent Excel skills.

  • Entrepreneurial drive and proven ability to take ownership and lead the team’s combined learning.

  • Collaborative, data-oriented approach to problem-solving.

  • Demonstrated ability to work in a self-directed manner, seeking out areas that need attention rather than being asked to look at specific problem areas.

  • Consistently asks for help and seeks advice from colleagues to let the best idea or process win.

  • Engaging and interactive communicator with a passion for coaching others.

    How to Apply

  • If you’re up to the challenge, kindly send CV and cover letter only to

  • before close of business 16th May 2022.

  • Clearly indicate the position applied for and expected salary on the subject line.

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