Finance Manager

Ideal candidates must have manufacturing experience in addition to having held similar role and/or management/supervisory role.

• Minimum Qualification: Bachelor
• Experience Level: Management level
• Experience Length: 6 years

Job Description

Reports To: Operations Director

OVERVIEW:

The ability to manage a finance department and its associated activities is a prerequisite for this role. However, the appropriate candidate must also have the aptitude and ambition to look beyond these functional responsibilities and seek to play a significant role in the development and execution of the long-term strategy for our business. Candidates should see this role as an opportunity to enhance their finance and business acumen and develop their career as part of a young, dynamic leadership team.

JOB PURPOSE:

The Finance Manager is responsible for overseeing all aspects of the organization's accounting function. S/he will implement the infrastructure/systems needed to support substantial growth over the next five (5) to ten (10) years. S/he will continue to build and manage effective and streamlined administrative/financial systems, including financial, accounting, information technology (IT), and human resources (HR).Safeguard that all ledger accounts, financial statements and cost control systems are operating effectively.

RESPONSIBILITIES (FUNCTIONS AND DUTIES):

Financial Management:

1. Review and approve preparation and finalization of monthly and annual financial reporting materials and metrics for the ED and maintain company financial information integrity
2. Manage one full-time accounting administrator; and retain support staff as needed in the future
3. Coordinate all audit activities - internal and external
4. Evaluate current accounting practices and policies and drive continuous improvement
5. Coordinate monthly closing process during stock takes and aim to have minimal stock discrepancies
6. Safeguard that all ledger accounts, financial statements and cost control systems are operating effectively

Financial and Operational Management:

1. Ensure that finance staff maintain financial record systems in accordance with Generally Accepted Accounting Principles, and monitor the use of all funds
2. Develop and monitor policies and procedures within generally accepted accounting principles and corporate guidelines to ensure sufficient cash flow, reducing operating costs, and increased revenues
3. Reviews all suppliers and customer invoices to ensure they are all posted correctly and VAT is well captured
4. Administer proper filling of all documents; this includes internal and external documents provided
5. Encourage and lead accounts assistants to follow Company policies and achieve efficiency
6. Oversee stock taking and inspect all stock information is posted correctly in the system and all bin cards in all departments. Reconciling any discrepancies.
7. Communicate through reports both the Company's expected and actual financial performance
8. Formulate a payment plan by observing the nature of incoming cash flow (finding information of ongoing events with customers that may affect payment issues) versus operations payment needs
9. File all Company taxes correctly and confirm the Company is abiding with all tax laws.
10. Review, investigate, and correct errors and inconsistencies in financial entries, documents and reports

Behavioral Competencies:

1. Acquisition target, due diligence and integration experience
2. Ability to delegate work responsibility with strong interpersonal skills
3. Problem solving and strategizing capabilities
4. Progressive experience leading teams and managing projects
5. High level of integrity and dependability with a strong sense of urgency and result-orientation
6. Demonstrated ability to build relationships and communicate with peers, subordinates and executive management
7. Ability to be adaptable and flexible
8. Ability to multitask and prioritize work
9. Excellent verbal and written communication skills

EXPERIENCE:

• 5-10 years' experience where experience in an FMCG is a strong advantage

EDUCATION AND SPECIALIST KNOWLEDGE REQUIRED:

• Bachelor's Degree in accounting or finance from a respected institution.
• A CPA (K) or Master's Degree
• A full understanding of the accounting software QuickBooks is essential; ERP system knowledge an added advantage

Remuneration: Kshs 100,000/- - 200,000/- (depending on qualifications, skills and experience)