Finance Manager for a Retail company – Nairobi, Kenya

Our client, a Retail company with 40 branches throughout Kenya, is looking for a hands on and dynamic Finance Manager. As Finance Manager he / she will provide the Owners, Directors, and other management with accurate, timely and relevant financial data. Additionally responsible for managing the audit function in and to deliver outstanding financial profitability. Experience in the Retail sector is a MUST!

Key Requirements:

  • Develop accounting and costing systems and ensure SOPS for accounts are fully implemented.
  • Ensure that the integrity of the Accounting System is maintained all times by enforcing a security control system.
  • Develop, implement and monitor overall business and financial strategy of the company
  • Responsible to develop and implement overall budget of company by closely working with departmental heads subject to approval by management.
  • Overall responsible for company insurance, import/export administration, licensing, contracts and agreements, legal areas and activities, corporate level negotiations (e.g. premises, plant, trading, disposals, major supplier/customer/partner relationships (banks) and regulatory bodies’ relationships.
  • Liaise with audit companies and the auditors to ensure statutory auditing is done within 2 months from the financial year-end.
  • Managing, training and developing the finance and accounts team.
  • Keeping track of debtors outstanding and bringing them into agreed credit terms.
  • Creditor’s management to ensure payment terms are met and strict controls on all outgoing payments.
  • Yearend accounts shall be finalized before 15th Jan.
  • Timely, consistent, accurate reconciliation of all accounts, statements etc.
  • Ensure to manage imports payments and exports receivables.
  • Ensure that VAT, Withholding VAT, Withholding Rental Tax, Withholding Income Tax returns are verified and filed in time.
  • Maintain strict inventory control and to prepare accurate month end stock report.
  • Ensure maintenance of fixed and movable assets register.
  • Liaise with banks and other institutions to ensure smooth functioning and to ensure proper cash management and investing according to business needs.
  • Petty cash- keep regular check and identify irregular expenses.
  • Drive rigorous control cost by continuous assessing the expenses and unwanted overspend all heads of expenses & timely cost analysis.
  • Visit branches at regular intervals to carryout internal auditing and submit management reports.
  • Oversee and guide the Finance & Accounting resources for ensuring all compliances under the local. .laws and maintain the standards of governance and reporting system.
  • Administration of monthly payroll.

Qualifications:

  • Graduate with a Bachelor’s degree in Accounting and Finance or Business Administration.
  • CPA Kenya or any other professional accounting qualifications (e.g. ACCA, CIMA etc.).
  • 5 years of work experience at a management position.
  • Excellent Financial Management and Analytical skills.
  • Good Interpersonal and communication skills.
  • Good Leadership skills.
  • Retail trade experience is an added advantage.
  • Excellent IT Skills.
  • On hand experience of working on ERP viz. SAP Business One is and added advantage.
  • Fully aware of all advance Microsoft Excel functions for analysis of data.

Please click on the tab below to apply:

  • Education:Bachelor’s degree
  • Job Type:Full Time
  • Location:Nairobi, Kenya
  • Career Level:Management/ Senior Level
  • Salary:Open remuneration, negotiable depending on experience
  • Deadline:22nd May, 2022