4 weeks ago
Finance Lead - Beverage Industry
Kaziweza Limited
Accounting, Auditing & Finance
Manufacturing & Warehousing
KSh
300,000 - 400,000
Easy Apply
Job Summary
The successful candidate will play a key leadership role in overseeing all aspects of financial management, ensuring robust financial planning, and driving strategic decision-making to support business growth.
- Minimum Qualification : Bachelors
- Experience Level : Senior level
- Experience Length : 10 years
Job Description/Requirements
Industry: Beverages
Location: Kenya
Reports to: Chief Financial Officer (CFO)
Languages: Gujarati/Hindi
We are seeking an experienced and dynamic Finance Lead professional to join our team in the beverage sector. The successful candidate will play a key leadership role in overseeing all aspects of financial management, ensuring robust financial planning, and driving strategic decision-making to support business growth.
Proficiency in Gujarati or Hindi languages will be an added advantage to enhance communication within the diverse stakeholder base.
Duties:
1.Prepare Cost Benefit Analysis for any new Capex proposed by various departments in concurrence with Head of Operations and ensure investments are submitted to BOD along with CBA.
2.Prepare and update costing sheet for products/SKUs and share on weekly basis
3.Analyze Management Accounts line by line and provide observations and recommendations to BOD & HODs for implementation.
4.Keep a check on input cost related to manufacturing and assist Head of Operations by providing facts and figures for reducing TOTAL COST of PRODUCTION.
5.Participate in procurement decisions related to purchase of RAW material for Value Stream.
6.Monitor BOM on daily basis & highlight anomalies to relevant Production Leads and seek clarification.
7.Plan, Implement, Manage and run all financial activities of Value Stream including business planning, budgeting, forecasting and negotiations.
8.Reduce Debtors cycle by ensuring timely issuance of credit notes by coordinating with Sales team and Audit team.
9.Increase focus on credit worthy customer segments through Sales Head, prepare and implement customer incentive schemes for acceleration/on-time payment.
10. Provide Impact Analysis for all marketing expenses, price increase/decrease and promotions.
11. Ensure adherence to contracts and agreements by suppliers & sales channels as per company policy and record keeping including Bank Guarantees from customers.
12. Responsible for ensuring timely Cash in-Cash out through Sales & Production teams, monitor debtors/creditors on daily basis.
13. Liaise & work closely with Treasury Team and Finance and Accounts team for smooth cash flow management
14. Prepare priority list for payments to be made based on collection reports from debt collection team along with procurement
15. Prepare financial forecasting and budgets (annual & 13-week rollover) related to Value Stream under guidance of CFO to ensure alignment with Group Level Financial goals.
Requirements:
• Bachelor’s degree in Finance, Accounting, or related field (MBA is an advantage).
• CPA (K), ACCA, or equivalent professional qualification.
• 10-12 years of finance experience in the non-alcoholic beverage industry.
• Strong financial planning, analysis, and reporting expertise.
• Proven leadership experience, with the ability to guide teams and influence strategy.
• Proficiency in financial management systems and SAP is a must.
Preferred Attributes
• Proficiency in Gujarati or Hindi is advantageous, given the cultural and business context of key stakeholders.
• In-depth knowledge of Kenyan tax laws, financial regulations, and statutory compliance requirements.
• Ability to work collaboratively with cross-functional teams and executive leadership.
• Excellent interpersonal and communication skills.
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