Position Responsible To: - Managing Director and Chief Executive Officer
Positions Reporting to Job Title:
- Manager, Financial Accounting
- Manager, Management Accounting
- Manager, Treasury and Investment
- Manager, Insurance
Overall Responsibility:
Prudent management of financial resources to achieve set corporate goals and objectives.
Objectives:
- Effective cost control
- Effective utilization of resources
- Timely availability and reliability of financial information
- Improved financial productivity ratios
Key Tasks:
- Formulating and implementing sound financial strategies, policies, procedures, and systems.
- Driving the financial planning of the Company by analyzing its performance and risks
- Providing adequate financial resources for business operations.
- Advising on investment opportunities that will yield maximum returns.
- Managing of the Company’s liquidity, working capital and mitigating on operational and financial risks
- Supporting the Board of Directors in strategic stewardship and governance roles
- Proactively ensuring that business decisions are grounded on sound financial advice and insights
- Compiling and reporting on Company’s statutory financial reports.
- Ensuring compliance with financial and accounting standards and regulations.
- Coordinating external Audit activities.
- Reviewing financial services performance and make recommendations to improve the efficiency and effectiveness
- Liaising with government and other stakeholders on finance matters.
- Implementing technological innovations for financial management practices.
- Implementing effective controls for prudent use of financial resources.
- Conducting appraisals on all projects to ensure positive returns on investments.
- Ensuring the Company interests are adequately covered through insurance and hedging instruments to minimize exposure to losses.
- Ensuring compliance of the Company policies, regulations, standards and procedures to enhance operational efficiency.
- Coaching, mentoring and developing the team to ensure optimal performance and effective succession planning.
- Preparation of budgets in a timely manner, and detailed variance analysis to be performed on a regular basis.
- Responsible for managing and monitoring risk and implementation of mitigation strategies.
Requirements
- A minimum period of fifteen (15) years in relevant work experience and at least five (5) years in Senior Management role.
- Master’s Degree in Accounting, Finance, Business Administration or equivalent qualifications from a recognized Institution.
- Bachelor’s Degree in Economics, Finance, Commerce or any related field.
- Certified Public Accountant (CPA) (K) or equivalent qualification by a recognized body.
- Member, Institute of Institute of Certified Public Accountants of Kenya (ICPAK) in good standing.
- Fulfill the requirements of Chapter Six (6) of the constitution
- Certification in Corporate Governance and /or Leadership from a recognised institution
Key Competencies
- Understanding of Company business and financial processes
- Strong Communication amp; Negotiation Skills
- High levels of Integrity and Ethics
- Drive for results and achievement
- Analytical and strategic thinker
- Creativity and innovation
- Commitment to Company Vision and Values
Benefits
Competitive package