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Finance Manager Job in Nairobi, Kenya (250K – 300K)

Job Title: Finance Manager 
Industry: Retail
Location: Nairobi
Salary: 250K – 300K

Our client is a Retail company seeking to hire a Finance Manager who will be responsible for managing the finance arm of the organization. 

Preferred candidate must have worked in a multicultural environment.

Key Responsibilities
Principal Accountabilities:

  • Maintain a documented system of accounting policies and procedures
  • Manage outsourced functions
  • Oversee the operations of the treasury department, including the design of an organizational structure adequate for achieving the department's goals and objectives

Funds Management
  • Forecast cash flow positions, related borrowing needs, and available funds for investment
  • Ensure that sufficient funds are available to meet ongoing operational and capital investment requirements
  • Use hedging to mitigate financial risks related to the interest rates on the company's borrowings, as well as on its foreign exchange positions
  • Maintain banking relationships
  • Assist in determining the company's proper capital structure
  • Arrange for equity and debt financing
  • Recommend appropriate dividend issuances, based on historical dividend patterns and expected cash flows
  • Manage the preparation of the company's budget
  • Report to management on variances from the established budget, and the reasons for those variances
  • Assist management in the formulation of its overall strategic direction
Financial Analysis
  • Engage in ongoing cost reduction analyses in all areas of the company
  • Review the performance of competitors and report on key issues to management
  • Engage in benchmarking studies to establish areas of potential operational improvement
  • Interpret the company's financial results to management and recommend improvement activities
  • Review company bottlenecks and recommend changes to improve the overall level of company throughput
  • Participate in target costing activities to create products that meeting predetermined price goals
  • Assist in the determination of product pricing in relation to features offered and competitor pricing
  • Compile key business metrics and report on them to management
  • Manage the capital budgeting process, based on constraint analysis and discounted cash flow analysis
  • Create additional analyses and reports as requested by management
Additional Accountabilities:
  • Oversee the extension of credit to customers
  • Staff recruitment, supervision and motivation
Minimum Qualifications:
  • Bachelors Degree in Accounting or Finance
  • CPA/ ACCA finalist
  • Preferably male, at least 30 yrs and above
  • Must have at least 5 -10 years of experience in financial management.
  • Must have worked in a multicultural environment. Asians are encouraged to apply
  • Strong financial management skills.
  • Ability to work in a multi-cultural environment.
  • Working knowledge of accounting packages
  • Working experience with ERP required
  • An understanding of financing opportunities is also desired
If you are up to the challenge, posses the necessary qualification and experience, please send your CV only quoting the job title on the email subject (Finance Manager 250 - 300K)  before Thursday 21st May 2015

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
Corporate staffing Services
Nabui House, 3rd floor, Westlands. 

(Next to Unga House)

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