Finance & Operations Manager - FMCG (250-300K)

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Job Summary

Our client in an International Consumer Goods company with operations in Nairobi and East Africa. They seek to hire a Finance and Operations Manager

  • Minimum Qualification: Bachelor
  • Experience Level: Management level
  • Experience Length: 5 years

Job Description

The successful candidate will be someone with the ability to manage multiple business processes including Order to Cash, Financial Systems and Master Data Management, Inventory Management, Financial Reporting, Statutory Reporting, VAT and Government Compliance.


Reporting: Finance and Accounting

Location: Nairobi, Kenya

Industry: FMCG

Salary: 250K – 300K


Key Role

They will build and lead the Finance & Accounting function to support the establishment of the enterprise in Kenya and East Africa. Reporting to the Accounting Director in South Africa with a dotted line to the Africa Commercial Director, they will establish and maintain best practice financial controls and compliance in line with local GAAP and IFRS standards while adhering to the set policies & procedures; with an impact on the day to day operations.


Responsibilities

  1. Executes day to day accounting activities in accordance with the organization’s accounting policies and procedures.
  2. Ensure accurate and timely recording of all retail & trade spending, Advertising and Promotion, Research
  3. Hands on operation function to ensure smooth business process, liaising with suppliers, financial institutions, government agencies etc.
  4. Coordinate with Commercial Team to get documented approvals and backup for accruals
  5. Ensuring timely payment of local suppliers, international and intercompany payments
  6. Timely collection of receivables, credit control and bad debt
  7. Adherence with local Kenya regulations in terms of cross border payments and receipts – ensuring all contracts are valid
  8. Analysis of cash and banking facilities
  9. Efficient and agile close process – work day 3 close
  10. Balance Sheet Reconciliation with detailed review of aging receivables, payables and fixed assets with regular reporting – Monthly, Quarterly & Year End
  11. Extensive knowledge on budgeting, cashflow projections, sources of financing
  12. Coordinate with the External Audit Team
  13. Timely submissions of tax, statutory payments in line with local law and corporate governance


Qualifications

  • Bachelor’s degree in Accounting, Commerce, Finance, Economics or equivalent qualification
  • 5-8 years’ experience in in technical finance and/or accounting roles, with a demonstrated track record optimizing company operations
  • Registration with a professional body – ACCA, CPAK, ICPAK, CIFA
  • Strong leadership skills and ability to influence decisions at an executive level.
  • Demonstrated ability to build and maintain relationships with people at all levels and who represent a variety of diverse backgrounds.
  • Demonstrated professional competence and administrative capability as reflected in work performance and results
  • Highly self-motivated individual with the capacity to get-things done, with a lean team.
  • Integrity and superior communication skills
  • Demonstrated ability to manage change for oneself and for others.
  • Familiarity with US GAAP and IFRS reporting, ideally work experience with exposure to international business, FMCG, Manufacturing etc


Kindly indicate current/last salary on your CV.

N.B: We do not charge any fee for receiving your CV or for interviewing.

Only candidates short-listed for interview will be contacted.

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