Finance Manager

6 days ago

Nairobi, Nairobi Area, Kenya NicheHR Global Full time 1,500,000 - 3,000,000 per year

Position:
Finance Manager

Location:
Kenya

Reporting to:
Chief Financial Officer and Profit Centre Head

Industry
: FMCG | AGRI

Position Summary

We are seeking a proactive and detail-oriented
Finance Manager
to oversee financial operations, develop financial strategies, and provide insightful analysis to support strategic decision-making. The ideal candidate will bring strong leadership, sound financial acumen, and the ability to manage teams across multiple locations.

Key Responsibilities

1. Financial Accounting & Reporting

  • Ensure financial accounting and reporting in line with IFRS standards.
  • Oversee timely and accurate month-end closing and reporting to Head Office.
  • Perform reconciliations for bank accounts, accounts receivable/payable, fixed assets, and general ledger.

2. Management Accounting & Reporting

  • Prepare and submit daily, weekly, and monthly MIS reports.
  • Generate ad hoc financial reports as required.

3. Stakeholder Management

  • Manage relationships with shareholders and joint venture partners.
  • Maintain strong relationships with banks and financial institutions.

4. Cost Management

  • Ensure effective and efficient utilization of funds.
  • Drive and implement cost-saving initiatives.

5. Compliance & Internal Controls

  • Design and implement internal controls and standard operating procedures (SOPs).
  • Review and strengthen internal control mechanisms as needed.
  • Develop delegation of authority (DOA) for the unit.
  • Ensure timely filing of all statutory returns.

6. Budgeting & Budgetary Control

  • Prepare trade, HR, capex, and overhead budgets.
  • Monitor actual performance against budgets and provide variance analysis.
  • Report key deviations and recommend corrective actions.

7. Treasury

  • Coordinate with group treasury for all treasury-related activities.
  • Establish and manage local banking facilities at the country level.

8. Audit

  • Lead and manage local external and internal audits.
  • Ensure completion of audits within timelines and without qualifications.
  • Implement action plans to address audit observations.

9. Risk Management

  • Identify financial risks and design mitigation strategies.
  • Lead and oversee risk management processes and reporting.

10. Team Management

  • Train and develop local and expatriate staff to build a strong second line of leadership.
  • Motivate and guide the finance team to maintain a positive and high-performing work environment.

Qualifications & Experience

  • CA / ACCA / CPA / MBA (Finance) or equivalent qualification from a recognized institution.
  • Minimum of 5–7 years of post-qualification experience, including at least 3 years in a mid-management role with financial accounting and monitoring responsibilities.
  • Proficiency in SAP-FICO or Microsoft Dynamics.
  • Demonstrated ability to work effectively in a diverse, multicultural team.

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