Head of Finance Job in Kenya

Job Title: Head of Finance

Hiring Organization: Corporate Staffing
Location – Locality: Nairobi
Location – Region: Kenya
Industry: Advertising
Job Type: Full Time
Salary: KES
Date Posted: 05/23/2024

Reporting to: Managing Director
Department : Finance

Main duties

Our client, an advertising company, is seeking a Head of Finance to oversee all financial activities, ensure financial health, and drive strategic financial planning. This dynamic, results-oriented leader will work closely with the finance, audit, procurement, and IT teams, supporting business operations and growth initiatives. As part of his/her duties, the Head of Finance will play a key role in strategic decision-making and operations.

Responsibilities:


Develop and oversee financial plans, budgets, and forecasts for the advertising company.

Analyze financial data to provide insights and recommendations for strategic decision-making.

Develop and implement financial strategies, policies, and procedures to ensure sound financial management.

Oversee the preparation and approval of all financial reporting materials and metrics; prepare and communicate monthly and annual financial statements.

Analyze financial performance and provide strategic recommendations to the CEO and executive team.

Manage budgeting and forecasting processes, ensuring alignment with company goals and objectives.

Monitor and manage cash flow, banking relationships, and financial transactions.

Monitor cash flow and liquidity to ensure the company meets its financial obligations and maintains adequate working capital.

Implement strategies to optimize cash flow efficiency.

Collaborate with the CEO and executive team to develop and execute business strategies and long-term plans.

Identify and evaluate business opportunities, risks, and financial impacts.

Support business development initiatives, including mergers, acquisitions, and partnerships.

Ensure accurate and timely financial reporting per regulatory requirements and company policies.

Prepare weekly, monthly, quarterly, and annual financial statements for management and stakeholders.

Lead the Internal audit to Identify and mitigate financial risks through effective risk management practices.

Develop and implement policies and procedures to safeguard the company’s financial assets.

Ensure compliance with all financial, legal, and tax regulations, including the preparation and submission of tax returns.

Develop and maintain internal controls to safeguard the company’s financial assets.

Coordinate and oversee internal and external audits, addressing findings and implementing recommendations. Procurement and Vendor Management

Develop and implement procurement policies and procedures to ensure cost-effective and efficient purchasing practices.

Negotiate and manage contracts with suppliers and vendors to secure the best terms and conditions.

Oversee the procurement team to ensure timely and accurate procurement activities.

Ensure robust cybersecurity measures are in place to protect company information.

Mentor and develop team members, promoting professional growth and skill development.

Qualifications:

MBA in Finance or Strategic Management.

A Bachelor’s degree in Finance, Accounting, Economics, Business Administration, or a related field from a recognized university.

Professional qualifications in CPA-K, CIFA, or any other recognized professional accounting qualification.

Minimum of 10 years’ experience in Finance and Accounting, with at least the last 5 years having held a similar role or been a member of a senior management team.

Working knowledge of all statutory legislation and regulations.

Should be a member of a relevant professional body.

Proficient user of finance software.

Outstanding interpersonal and communications skills; ability to communicate effectively with technical and non-technical audiences.

A solid understanding of financial statistics and accounting principles.

Strategic thinker who possesses solid business acumen and can organize and manage.

Proven ability to make complex and time-sensitive decisions in the best interests of the organization.

Excellent leadership and teamwork skills.

Proactive, hands-on, results-driven orientation required.

How to Apply:

If you are up to the challenge and possess the necessary qualifications and experience; please send your CV only quoting the job title on the email subject (Head of Finance – Advertising) to vacancies@corporatestaffing.co.ke before 8th June, 2024.