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Management Accountant Job in Kenya

Finlays: We need a dynamic individual with strong planning & organizing skills, interpersonal & communication skills and team player to fill the following vacant position in our Kericho based operations.


Management Accountant

Finlays is a vertically integrated and geographically diversified agri-business that takes a leadership role in sustainability. 

The group has established itself as a reliable, responsible, innovative and sustainable producer with a deep knowledge and passion for its products.

Sustainability is pivotal to the group’s success and it lies at the heart of what Finlays does and stands for. 

Finlays is Kenya’s largest agricultural export group employing over 21,000 people and annually exporting over 300 million stems of flowers, 7 million kilos of vegetables, 26 million kilos of black tea and 3 million kilos of tea extract. 

The organisation is geographically located in Nairobi, Naivasha, Kericho, Mt. Kenya and Mombasa and works with 1,200 vegetable out growers and 10,000 tea out growers.

Reporting to Finance Manager and based at Tea Extracts Kenya, the job holder is expected to provide financial and analytical support and management information to the Factory Operations Management Team which delivers measurable and sustainable improvements in Operational and Financial Performance and Financial Governance and Control. 

The job holder will be responsible for preparation of operational finance reports, costing and pricing for Tea Extracts products and budgetary control process. 

Key responsibilities include amongst others:
  • Ensuring that production information is correctly captured to facilitate the accurate costing of all SKUs / Products manufactured..
  • Preparation of weekly and monthly operational reports/accounts.
  • Preparation of the Management accounts and reports with all the variance analysis clearly explained to drive corrective action. 
  • Tracking and computation of efficiency indicators for the factory including yield, OEE, availability and performance, providing a clear to demonstration of the associated impact to the P&L
  • Ensuring that raw materials usage is periodically reconciled and accounted through the process.
  • Leading the budgeting process and ensure the budgeting model is correctly updated, and accurate.
  • Responsible for pricing computations for all products in Tea Extracts
  • Preparation of DCF templates for CAPEX purchase and maintaining Capex tracking reports.
  • Tracking the weekly expenditure against budget and issue exception reports in liaison with departmental heads.
  • Ensuring stock valuations and provisions are correctly done and accurately reflected in the financials.
  • Participating in the preparation of financial reports for board meetings
  • Partnering with Operations Management Team in order to improve their overall understanding, knowledge and awareness of financial performance, controls and governance
  • Supporting the development, implementation and execution of the Saosa Operations Improvement Programme across the Factory – opportunities, deliverables, resources, risks and contingencies
Minimum Requirements
  • Bachelors degree with a bias in accounting
  • CPA (K) or equivalent
  • Five years relevant experience in a busy manufacturing firm, two of which should be in management/cost accounting
  • Must have an understanding of the International Accounting Standards as well as the statutory requirements
  • Good understanding of the manufacturing process.
  • Good working knowledge in ICT
How to Apply
If you meet the requirement of the above positions, please submit an application including a detailed CV, your postal, e-mail and telephone contacts, current & expected remuneration, names and addresses of three referees, indicating the position you are applying for to reach us not later than 14 August 2015 and be addressed to:

Human Resource Director
P O Box 223 – 20200


Only shortlisted candidates will be contacted

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