The Chief Accountant / Finance Manager will be responsible for overseeing the financial health and operational efficiency of the organization. This role involves leading the financial reporting processes, managing budgets, ensuring strict tax and regulatory compliance, and providing strategic support to the management team to drive growth and cost-efficiency.
Key Responsibilities
Financial Reporting, Budgeting & Analysis
Revenue & Expense Tracking: Develop and maintain rigorous systems for tracking revenue and expenses against KPIs.
Budgetary Oversight: Lead the annual budgeting process and perform detailed monthly and quarterly variance analyses (Budget vs. Actual) to provide commentary on fluctuations and corrective actions.
Financial Statements: Prepare accurate monthly, quarterly, and annual financial statements in accordance with IFRS.
Cash Flow Management: Manage cash flow forecasting to ensure the business meets its operational obligations and investment goals.
Operational Management & Procurement Oversight
Receivables Management: Take direct ownership of the credit function by conducting monthly and quarterly reviews of the aging report to minimize bad debt and optimize working capital.
Procurement Oversight: Provide strategic oversight for the procurement function to ensure cost-effectiveness, transparency, and alignment with production requirements.
Inventory & Payroll: Oversee inventory accounting, valuation, and the payroll process to ensure timely and accurate disbursements.
Control Environment, Risk & Compliance
Audit Management: Act as the primary liaison for the external auditor and coordinate with the outsourced internal auditor to ensure a robust and transparent control environment.
Internal Controls: Maintain, review, and continuously improve internal control systems to safeguard company assets and prevent fraud or errors.
Tax Compliance: Ensure 100% compliance with KRA requirements (VAT, WHT, PAYE, and Corporate Tax).
Strategy & Business Support
Strategic Planning: Assist the General Manager in long-term financial planning and capital expenditure (CAPEX) evaluations.
Efficiency Drives: Identify and evaluate cost-saving opportunities within the supply chain and production processes.
Requirements
Education: Bachelor’s degree in Commerce, Finance, or Accounting.
Certification: Fully qualified CPA(K) or ACCA member in good standing.
Experience: Minimum 8 years in finance, with at least 2 years in a supervisory role. Experience in manufacturing would be an added advantage.
Technical Skills: Advanced Excel skills and proficiency in ERP systems such as Sage.
Attributes: High integrity, analytical mindset, and the ability to translate complex financial data into strategic insights for non-finance stakeholders.