Job Description
Job Title; Finance Manager - Manufacturing
Location: Kenya
Position Type: Full-time
About our client:
Our client's journey began in 1972 and has since grown into a full-scale manufacturing unit for stationery products, serving both Kenya and beyond.
Job Overview:
Our client is seeking an experienced and detail-oriented Finance Manager to join our manufacturing team. The ideal candidate will have a minimum of 7 years of experience in finance, including at least 3 years in a managerial role. As a member of the Institute of Certified Public Accountants of Kenya (ICPAK) and a holder of CPAK, you will be responsible for overseeing all financial aspects of our manufacturing operations, ensuring compliance with financial regulations, and contributing to strategic decision-making.
Key Responsibilities:
· Financial Management:
- Develop financial strategies and manage budgets, forecasts, and plans.
- Monitor financial performance, analyze variances, and recommend improvements.
- Oversee cash flow, treasury functions, and regulatory compliance.
· Leadership and Team Management:
- Lead and develop a finance team, fostering accountability and teamwork.
- Set performance goals, conduct evaluations, and address issues promptly.
· Strategic Planning and Analysis:
- Provide financial guidance for decision-making and assess risks and opportunities.
- Track performance with KPIs and lead accurate budgeting and forecasting.
· Tax Compliance:
- Ensure tax regulation compliance and coordinate with advisors to optimize planning.
- Oversee accurate and timely tax return preparation.
· Working Capital Management:
- Optimize working capital by managing receivables, payables, and inventory.
- Monitor cash flow and improve cash conversion cycle efficiency.
· Supplier and Bank Relationships:
- Manage supplier relationships and negotiate terms to optimize procurement.
- Handle banking relationships, credit facilities, and cash management.
· Risk Management:
- Assess and mitigate financial risks with strategies and internal controls.
- Develop risk management policies to protect assets and ensure continuity.
· Internal Controls:
- Maintain strong internal controls and conduct audits to prevent fraud and errors.
- Implement improvements based on audit findings.
· Audit:
- Facilitate internal and external audits, ensuring compliance and providing documentation.
- Implement audit recommendations and monitor corrective actions.
· Additional Duties:
- Perform other tasks as assigned by management.
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Requirements
Qualifications:
- Education: Bachelor's degree in Finance, Accounting, or a related field. A Master's degree in Finance or an MBA is a plus.
- Professional Certification: CPAK certification is mandatory. Membership in ICPAK is required.
- Experience: Minimum of 7 years of experience in finance, with at least 3 years in a managerial role within a manufacturing environment.
- Technical Skills: Strong knowledge of IFRS, Kenyan tax laws, and financial regulations. Proficiency in ERP systems and advanced Excel skills.
- Leadership Skills: Proven ability to lead and develop a finance team, with excellent communication and interpersonal skills.
- Analytical Skills: Strong analytical and problem-solving abilities, with attention to detail and accuracy.
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Salary
Competitive
Monthly based
Location
Nairobi, Nairobi County, Kenya
Nairobi, Nairobi County, Kenya