Finance Manager

1 week ago


Nakuru, Nakuru, Kenya Elemech Engineering (K) Ltd Full time 1,200,000 - 2,400,000 per year

About the Role

The Finance Manager will oversee the company's financial strategy, planning, and operations, ensuring robust financial management to support large-scale engineering projects. This role requires strong leadership and expertise in project-based accounting, cash flow management, and financial risk assessment.

Responsibilities

Financial Planning & Strategy

  • Develop and implement financial strategies, policies, and procedures aligned with the company's growth and project portfolio.
  • Lead the preparation of annual budgets, forecasts, and long-term financial plans.
  • Provide financial analysis and insights to support strategic decision-making and business development.

Project & Cost Control

  • Oversee project-based financial management, including budgeting, cost tracking, and variance analysis.
  • Ensure accurate allocation of costs between different departments.
  • Monitor project cash flows, ensuring timely invoicing and effective working capital management.

Financial Operations & Compliance

  • Supervise day-to-day accounting, accounts payable/receivable, payroll, and treasury functions.
  • Ensure compliance with IFRS/GAAP and local statutory requirements.
  • Liaise with external auditors, tax authorities, banks, and regulatory bodies.
  • Manage risk assessments and ensure proper internal controls.

Reporting & Analysis

  • Prepare and present monthly, quarterly, and annual financial statements to senior management and stakeholders.
  • Conduct variance analysis, profitability assessments, and project performance reviews.
  • Provide detailed financial reports to support tendering and project bids.

Leadership & Team Management

  • Lead and mentor the finance and accounting team, fostering a culture of accuracy, accountability, and continuous improvement.
  • Collaborate closely with engineering, procurement, and project management teams to provide financial guidance.

Qualifications

Education:

  • Bachelor's degree in Finance, Accounting, or Business Administration (Master's degree or MBA preferred).
  • Professional certifications such as CPA, ACCA is required.

Experience:

  • Minimum 7–10 years' experience in finance or accounting, with at least 3+ years in a managerial role.
  • Strong knowledge of project accounting, cash flow management, and cost control in large infrastructure projects.

Required Skills

Technical Skills:

  • Proficiency in financial management systems (e.g., SAP, Oracle, or similar ERP).
  • Strong understanding of tax regulations, IFRS/GAAP, and financial modelling.
  • Advanced Excel and financial analysis skills.

Soft Skills:

  • Strong analytical and problem-solving abilities.
  • Excellent leadership, communication, and negotiation skills.
  • Ability to work under pressure and meet tight deadlines.
  • High level of integrity, ethics, and financial discipline.
  • Strategic thinker with strong business acumen.
  • Detail-oriented with excellent organisational skills.

CVs can be submitted to


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