FMCG Finance Manager Job in Nairobi Kenya (250K)

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Job Vacancy: Finance Manager – FMCG
 

Location: Nairobi
 

Reporting to: Managing Director
 

Salary: 200k – 250k  


Our client is an award winning company conducting sustainable energy and retail business in developing countries. 

 

They seek to hire a Finance Manager who will be responsible for strategic planning and leadership for the accomplishment of financial and accounting goals of the company.
 

Role Summary: The successful candidate will be responsible for making a wide range of decisions with regard to financing, investments and management, making a wide range of decisions with regard to financing, investments and management, including financial reporting & Audit, inventory management, cash flow management, risk management and financial controls, policies and procedures.
 

Roles and Responsibilities

  • Financial Reporting: Provide accurate and timely financial reports and forecasts and/or projections where appropriate and alert management on potential problems.
  • Prepare and implement financial policies, procedures and internal controls to ensure the all assets of the organization are properly utilized and accounted for and minimize risk exposure to the organization.
  • Liaison with External Auditors: Prepare audit schedule and liaise with external auditors for periodic audit.
  • Compliance with Statutory Requirements: Prepare and submit returns to K.R.A. Advice the company on statutory expectations to avoid penalties and legal implications.
  • Implement and continuously update an asset register for the organization.
  • Ensure inventory accounting is complete and accurate from the initial stages of purchasing, receiving, storage, dispatch to the last stage of selling.
  • Ensure all supplier payments are accounted and validated; supplier accounts are reconciled at all times.
  • Implement stock take and reconciliation processes to safeguard the inventory of the company both at the outlets and distribution and storage centres.
  • Cash flow Management: Supervise cash flow management activities – monitor and control the flow of cash receipts and disbursements to meet the business needs of the company.
  • Ensure all cash sold at the outlets is well monitored, banked and captured in the daily reports. Raise alarms where cash is held and not banked.
  • Planning, Budgeting & Forecasting: Provide leadership in developing monthly, quarterly and annual budget for different departments.
  • Financial Records: Ensure that all financial records, receipts, payables and cash flows are accurate, up-to-date and processed efficiently, effectively and in a timely manner.
  • Liaison and Building Relationship: Establish rapport and communication with banks and other key stakeholders.
  • Staff Management, Supervision & Leadership: Provide supervision, guidance and direction to the finance staff according to the policies, procedures, processes and systems in place.
  • Support the procurement department to ensure profit margins are met.
  • Support the sales department to ensure revenue income is received through achievement of sales targets.
  • Support the administration department and ensure that all assets and human resource are insured.
  • Support the managing director through detailed and analytical reporting in making business decisions aimed at reducing cost and increasing profit for the organization.
  • Any other duty as allocated by the managing director.

Skills and Qualifications

  • Bachelor’s degree in Commerce, Finance, Business Administration or other related field.
  • A Master’s degree in Finance will be an added advantage
  • Must be a CPA (K) or related qualification.
  • Must be fully conversant with the international financial reporting standards.
  • Must be a member of ICPAK
  • 7 years’ experience in finance and accounting with 2 years in managing a finance department in a busy organization.
  • Experience in retail is an added advantage.
  • Critical competencies and experience
  • Must be able to communicate effectively.
  • Excellent with standard office software (incl. MS Word and MS Excel or equivalent) and experience in using Accounting Software such as Sage, Tally.
  • Experience in audit will be an added advantage.
  • Conversant with use of POS is an added advantage.
  • Ability to work under tight deadlines and pressure.
  • Excellent reporting and analytical skills.
  • Driving license.

How to Apply
 

Kindly indicate current/last salary on your CV. 

N.B: We do not charge any fee for receiving your CV or for interviewing. 

Only candidates short-listed for interview will be contacted.


The Recruiting Manager, 4th floor
 Mayfair Suites, Parklands Road, Westlands

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