Vacancy
in Investment Holding Company
Background: Our client is one of Africa's most
successful diversified investment holding companies.
Based
in Nairobi, it is renowned for its interest in strategic regional investments
ultimately aimed at improving communities and restoring human dignity.
We
seek to recruit an experienced, competent and self-motivated individual with
excellent leadership skills, who will form the core team that will deliver on
our strategic intent to fill the following position:
Chief Finance Officer (CFO)
Reports To: Group CEO
Overall Purpose: The purpose of this position is to coordinate financial management activities to maximize the strategic use of financial resources in the execution of the company’s strategic plan and to ensure compliance with all regulatory and company policies.
Key Duties / Responsibilities
Chief Finance Officer (CFO)
Reports To: Group CEO
Overall Purpose: The purpose of this position is to coordinate financial management activities to maximize the strategic use of financial resources in the execution of the company’s strategic plan and to ensure compliance with all regulatory and company policies.
Key Duties / Responsibilities
1.
Company Budgeting & Strategy Process
- Leading
business budgeting discussions around Company’s business processes
(budgets / forecasts capital projects, outlook);
- Supporting
all departments in developing their respective departmental /
operating budgets;
- Ensuring
action plans are in place to meet business commitments;
- Providing
strategic advice with regards to business initiatives and projects and
assisting in the execution of business strategies;
- Preparing
presentations on the company’s periodic financial position to the Board of
Directors;
- Producing
financial statements, reports and analysis to aid in decision making.
2. Finance Department
- Ensure
that all company policies and procedures are developed and up to-date in
line with current best practices;
- Providing
financial leadership and reviewing financial performance;
- Supervision
of the finance department staff;
- Owning
and control of the complete balance sheet and financial reports;
- Ensuring
that financial statements comply with the International Accounting standards
and other regulatory requirements;
- Preparation
of accurate and timely Monthly Management Accounts for decision making;
- Preparing
other ad-hoc financial reports as requested by the Executive committees.
3. Liaison with Stakeholders
Liaising
with regulators and third parties such as:
- Kenya
Revenue Authority,
- External
Auditors,
- Financiers
and Bankers,
- Other
relevant stakeholders, etc.
4. Risk Management
- Designing
and implementing internal control processes to safeguard the company's
assets;
- Overall
identification of risks facing the business and implementing adequate risk
management controls;
- Driving
consistent improvements in financial processes and ensuring
effective
- management
of costs across the business;
- Ensuring
timely and accurate reporting on costs/revenue by cost centre and
ensuring;
- Regular
updating of forecasts in the light of changes in costs and revenue.
5. Funding
- Working
closely with senior management to develop and implement a funding and
investment strategy for effective implementation of the business growth.
Key Qualifications & Experience
- University
degree in Business Administration majoring in Accounting/Finance from a
recognized university or college.
- Certified
Public Accountancy qualifications (CPA-K or ACCA)
- An
MBA will be an added advantage.
- Over
8 years’ experience in Financial Management in a large and similar
organization.
- Advanced
knowledge and proven ability to use Microsoft Office software and
accounting applications.
Key Skills & Competencies
- Professional
and commercial approach to Accountancy and Finance with the ability to
deliver on KPIs;
- Excellent
communication skills honed in business partnering/ advisory roles;
- Examples
of adding value as both an individual contributor and active team member;
- Ability
to build rapport quickly with key members of the executive team;
- Ability
to represent the Finance function as part of the bigger business picture;
- Confidence
in directing finance and advising managers on all aspects of financial
management;
- General
experience and understanding of management procedures and processes and
ability to analyse and propose improvements in finance in relation to
improved productivity;
- Excellent
organizational and time management skills;
- Ability
to work with no supervision while performing duties;
Main Internal Contacts: The
BOD, CEO, Chief Managers
How to Apply
How to Apply
Interested
candidates who meet the above criteria should send their applications by email
only to recruitment@parkerrandall-ea.com with the “job title” as the subject
heading.
This
should only include a cover letter and detailed curriculum vitae with three (3)
professional referees (as one Ms Word document).
DO NOT ATTACH copies of certificates/testimonials.
Include your current and expected remuneration package in the cover letter.
Kindly follow these instructions to avoid disqualification of your application.
Note that the deadline for submission of applications is Friday 4th December 2015.
Only
shortlisted candidates will be contacted.
We are
an equal opportunity employer.