Chief Finance Officer Job in Kenya


Role: Chief Finance Officer
 
Typical Titles: CFO, Director of Finance
 
Reports to: CEO – Board of Directors

Job Summary
 
Provide leadership to ensure the continuing confidence in the financial viability and stability of the organization through timely and cost effective satisfaction of short and long term funding needs; internal and external statutory and financial reporting requirements; and enforcing the financial integrity and internal financial controls of the organization
 
Prioritized Tasks
  • Contribute to the preparation of the organization’s strategic plan and advise the CEO and the Board on the financial implications and risks of the business decisions undertaken by the organization.
  • Overseeing achievement of current year and longer term financial goals.
  • Leading effective strategic and execution focused business planning processes which stretch the organization and identify critical weaknesses and key opportunities, helping remediate the former and accelerate the latter.
  • Ensure innovative funding solutions are procured for the business to support its growth plan through the development of key relationships in the banking and funding sectors.
  • Assessing and managing strategic and operational business risks to enhance resource allocation decision making in the short and longer terms and thereby assure achievement of short and longer term business goals.
  • Managing the Balance Sheet to improve Capital Expenditure returns, Working Capital, asset utilization and tangible asset turnover rates.
  • Ensuring all financial reporting submissions (actual and forecasts, P&L and Balance Sheet) are suitably accurate and on time.
  • Leading the Leadership team in continuously improving governance, setting the right tone at the top,
  • Setting the strategic direction and operational execution of specialist Finance activities such as Tax and Treasury, ensuring they best meet the short and longer term needs of the business whilst satisfying Corporate governance and statutory reporting requirements.
  • Enhancing supply chain skills to effectively contribute to cost-to-serve, capex, make vs buy and productivity enhancement decisions.
  • Providing counsel to the CEO as business partner, strategic and operational consultant, and constructive challenger.
  • Continuously improving productivity in the Finance function (eg., via shared services) as well as across the overall business, identifying opportunities and ensuring they’re grasped.
  • Working with IT and ‘User’ Functions to improve processes, enhance cost-effective automation and improve exploitation of installed systems.
  • Developing needed Finance function capabilities from the business and technical Finance perspectives, building suitable career paths to both provide necessary experience and exploit capabilities, and ensuring effective succession planning.
  • Building a strong Finance team willing and able to raise individual and Function performance bars every year and, in addition, be the glue that ensures all the business Functions work effectively together to in pursuit of business goals (end-to-end process orientation).
Required Qualification / Experience
  • Minimum bachelor’s degree and preferably an MBA from a recognized business school.
  • Professional Accounting or Finance qualifications e.g. CPA or ACCA. A member of a recognized national or international certification body such as ICPAK
  • Over 10 years of relevant experience working in a Finance role with:
  1. a minimum of 5 years experience working as the head of the finance unit / department.
  2. a minimum of 3 years experience working in a manufacturing organization
  3. a minimum of 3 years experience working in Emerging Markets
  • Strong corporate finance and strategic risk management background with experience leading and organizing external financing for acquisitions and capital expansion projects.
  • Experience leading or overseeing post merger implementation plans, in particular the back-office integration of multiple plants.
  • A track record of leadership with a focus on monitoring and driving execution towards the realization of cost and revenues synergies.
How to apply:
 
Applicants should email their applications attaching a detailed curriculum vitae and a letter indicating why they are interested in and qualified for the position and the names of three referees who can provide confidential assessment of their capabilities to a Search Committee. 

All communications relating to applications for this position should be addressed to: email address: therecexpert@gmail.com.

Applications should be received by 22nd March 2013. 

Only shortlisted candidates will be contacted. 

On the subject matter of the email please indicate the position you are applying for.