Finance Manager Job in Nairobi, Kenya

Our client, a retailer and reseller of consumer electronics, technology products and computer services, is looking for a dynamic, high-energy business professional to join its team as a Finance Manager. 
 
Job Overview: The Finance Manager will manage funds in such a manner as to maximize return on investment while minimizing risk, and while also ensuring that an adequate control structure is in place over the transfer and investment of funds. 

Further, the Finance Manager will engage in financial analysis in such areas as forecasting, budgeting, engaging in cost reduction analysis, and reviewing operational performance. 

Principal Accountabilities:
 
Management
  • 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
  • Maintain banking relationships
  • Assist in determining the company's proper capital structure
  • Arrange for equity and debt financing
  • Invest funds as appropriate
Budgeting
  • 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

Desired Qualifications: 
 
The finance manager candidate should have;
  • A Bachelor's degree in finance or accounting, or equivalent business experience
  • 10+ years of progressively responsible experience for a major company or division of a large corporation. 
  • Preference will be given to candidates with the Certified Public Accountant or Certified Management Accountant designations.
  • Excellent communication skills are essential, particularly in regard to presenting the results of analyses to management.
  • Should have an outstanding knowledge of electronic spreadsheets
Education: Bachelor’s degree in Finance, Accounting, Business Administration, or any other relevant degree 

Language: Excellent verbal and non – verbal communication skills in English.
 
Compensation: A competitive compensation will be negotiated with the right candidate, commensurate with experience and skills. 

Please state current and salary expectations in your application.

Location: The role holder will be based in Westlands, Nairobi 

Availability: State availability (notice period) in your application letter.

Deadline: Interested parties should send their online applications on or before 20th May 2016

Correspondence: Applications and detailed CV to be submitted at
http://goo.gl/T8sryH

Applications not meeting minimum requirements will not be considered.

Only shortlisted candidates will be contacted.