Finance Manager Job

Job Description

Management

• Offer strategic direction for the organization Assist management in the formulation of its overall strategic direction.
• Maintain a documented system of accounting policies and procedures.
• Oversee the finance department, including the design of an organizational structure adequate for achieving the department’s goals and objectives.
• Provide inspirational leadership and direction to all direct reports, and ensure the continued development and management of a professional and efficient organization. Develops and administers programs, procedures, and guidelines to help align the workforce with the strategic goals of the company.
• Developing external relationships with appropriate contacts, e.g. auditors, bankers and statutory organizations.
• Establishes Finance and Administration departmental measurements that support the accomplishment of the company’s strategic goals.
• Manages the preparation and maintenance of such reports as are necessary to carry out the functions of the department. Prepares accurate periodic reports for management to specific deadlines, as necessary or requested, to track strategic goal accomplishment.
• Participates in executive, management, and company staff meetings and attends other meetings and seminars.

Budgeting

• Manage the preparation of the company’s budget
• Operationalize the budget and report to management on variances from the established budget, and the reasons for those variances.
• Cashflow management and budget variance analysis

Financial Analysis

• Cost accounting. Engage in ongoing cost reduction analyses in all areas of the company.
• Engage in project accounting and costing to determine project costs and profitability
• Engage in benchmarking studies to establish areas of potential operational improvement.
• Interpret the company’s financial results to management and recommend improvement activities.
• Review company bottlenecks and recommend changes to improve the overall level of company throughput.
• Participate in target costing activities to create products that meet predetermined price goals.
• Provide all financial reports as required and/or requested by members of the Executive Team. Report on variances from plans, budgets, and forecasts. Conduct trend analyses with previous period comparatives and industry/competitor reports.
• Manage the capital budgeting process, based on constraint analysis and discounted cash flow analysis.
• Create additional analyses and reports as requested by management

Risk Management

• Understand and mitigate key elements of the company’s risk profile.
• Monitor all open legal issues involving the company, and legal issues affecting the industry.
• Construct and monitor reliable control systems.
• Maintain appropriate insurance coverage.
• Ensure that the company complies with all legal and regulatory requirements.
• Ensure that record keeping meets the requirements of auditors and government agencies.
• Understand and mitigate key elements of the company’s risk profile.
• Monitor all open legal issues involving the company, and legal issues affecting the industry.
• Construct and monitor reliable control systems.
• Maintain appropriate insurance coverage.
• Ensure that the company complies with all legal and regulatory requirements.
• Ensure that record keeping meets the requirements of auditors and government agencies.
• Prepare the board of directors Risk Report.
• Maintain relations with external auditors and investigate their findings and recommendations.

Facilities and Asset Management

• Provides recommendations and takes approved action to ensure equipment and supplies that effectively meet operational requirements with a minimum of expenditure.
• Maintains a positive, professional physical working environment, facilitating a productive climate for operations through maintenance, planning and general building services.

Qualification and Experience

• Minimum Bachelor’s degree or equivalent in Accounting or Finance.
• CPA (K)
• A minimum of 5 years of financial experience and management experience with the day to day financial operations of an organization.
• Active affiliation with appropriate financial management networks and organizations, preferred.
• Possess ongoing affiliations with leaders in successful companies and organizations at financial manager level.
• Experience working in an audit firm and financial services sector is required.

Method of Application

If you are up to the challenge, possess the necessary qualifications and experience, kindly send your detailed CV quoting the job title on the email subject “Finance Manager” to: vacancies@jantakenya.com by or before 28^th March 2023.