About the Role
The Head of Finance at SevenTwenty Holdings Ltd provides strategic financial leadership, overseeing all financial management, reporting, controls, and compliance. The successful candidate will build a robust financial controls environment, drive the integrity of ERP-integrated financial data, and provide management with the financial insight required to make informed business decisions in a manufacturing and distribution context.
Key Responsibilities
Financial Leadership & Strategy
- Provide strategic financial direction and analysis to the Managing Director and senior management team.
- Lead the preparation of monthly, quarterly, and annual management accounts.
- Develop and monitor annual budgets, forecasts, and cash flow projections.
- Provide commercial analysis including product margin analysis, cost of production reporting, and pricing support.
- Present financial results and commentary to management and the Board.
Financial Controls & Compliance
- Design, implement, and maintain a comprehensive internal controls framework.
- Establish and enforce month-end close procedures including account sign-off and period locking in Odoo.
- Review and approve all manual journal entries, prior period adjustments, and balance sheet reclassifications.
- Ensure all statutory requirements are met including VAT, corporate tax, and financial reporting obligations.
- Manage the external audit process and be the primary point of contact for auditors.
ERP & Systems Oversight (Odoo)
- Take ownership of the Odoo accounting configuration including chart of accounts, product category account mappings, and journal settings.
- Review and approve all system configuration changes that affect financial postings.
- Oversee the resolution of all historical posting errors and ensure correcting journals are accurate, authorised, and documented.
- Drive monthly reconciliation of inventory valuation reports to the general ledger.
- Ensure work order templates, BOMs, and manufacturing configurations are correctly set up before use.
Inventory & Manufacturing Finance
- Oversee the financial management of all inventory including raw materials, WIP, and finished goods.
- Ensure monthly reconciliation of Stock Interim Delivered, Stock Interim Received, and WIP accounts.
- Review the weekly production WIP report prepared by the Production Manager and reconcile to Odoo.
- Ensure all Bills of Materials are costed accurately and updated whenever input costs change.
- Monitor and investigate all stock variances, ensuring appropriate authorisation and accounting treatment.
Team Management & Development
- Lead, supervise, and develop the finance team, setting clear objectives and performance standards.
- Identify skills gaps within the finance team and implement training and upskilling plans.
- Ensure clear segregation of duties within the finance function.
- Build a finance team culture of accuracy, accountability, and continuous improvement.
Qualifications & Experience
- Education: CPA(K) or ACCA qualified. Bachelor’s degree in Finance, Accounting, or Commerce.
- Experience: Minimum 5 years in finance, with at least 2 years in a senior finance management role.
- Industry: Manufacturing, FMCG, or industrial operations experience strongly preferred.
- ERP Systems: Hands-on experience with Odoo, SAP, Sage, or equivalent ERP (Odoo preferred).
Technical Skills
- Advanced Excel, financial modelling, cost accounting, inventory finance, and management reporting.
Personal Attributes
- Strong leadership, high integrity, analytical mindset, and the ability to work in a fast-paced operational environment.
What We Offer
- Compensation of KES. 100,000 [net] per month amongst other mandatory statutory benefits.
- A conducive environment with strong orientation to the organization and continuous support.
How to Apply
Interested and qualified candidates should apply online by visiting SevenTwenty Holdings Ltd on seventwentyholdings.co.ke.
