Finance Manager

VACANCY

FINANCE MANAGER

JOB REF: AM/FM/1

ABOUT THE CLIENT

Our client is in the motor vehicle industry and was established in Kenya in 2013. They sell, service and distribute high-end brands countrywide.

PURPOSE OF THE POSITION

The Finance Manager will be responsible for all financial matters of the business. You will be working closely with group finance at the Headquarters and the divisional management to develop and implement strategies across the organization. In addition, the position will oversee all aspects of the accounting and finance functions of the business

KEY ACCOUNTABILITIES

Typical duties included are but not limited to:

Duties and Responsibilities

Internal/External Interactions:

1. Internal
• Report to Director and the Country CEO
• Work closely with the operational management team, Finance Team and functions at the Headquarters
2. External
• Government authorities
• Auditors
• Banks

FUNCTIONAL RESPONSIBILITIES

1. Finance
• Develop cash flow projections and ensure availability of funds as needed.
• Control cash, investment, and asset. .
• Develop banking and supplier relationships and establish credit facilities to support operations business needs.
• Develop and utilize forward-looking, predictive models and activity-based financial analyses to provide insight into the organization’s operations and business plans.
2. Planning, Policy, and Business Relations
• Coordinate the development and monitoring of budgets.
• Develop financial business plans and forecasts.
• Participate in company policy development as a member of the senior management team.
• Engage the finance committee of the board of directors to develop short-, medium-, and long-term financial plans and projections.
• Represent the company to financial partners, including financial institutions, investors, suppliers, dealerships, auditors, public officials, etc.
• Remain up to date on best practices.
3. Business Development
• Support the Director in identifying financial products and services that assist in securing long term dealer relationships
• Develop product pricing strategies that maximizes profits taking into account competitive price positions
• Establish appropriate marketing cost budgets to achieve budget sales and profits
4. Accounting, Tax and Administration
• Oversee the accounting department to ensure proper maintenance of all accounting systems and function; supervise the company’s finance staff.
• Ensure maintenance of appropriate internal controls and financial procedures.
• Ensure timeliness, accuracy, and usefulness of financial and management reporting for the company, the board of directors and appropriate governmental agencies; oversee the preparation and communication of monthly and annual financial statements.
• Coordinate audits and proper filing of tax returns and maintain professional and productive relationships with relevant taxation authorities and officials. Ensure full and timely claim returns on the company’s VAT payments
• Ensure legal and regulatory compliance regarding all financial functions.
• Oversee the management of the building and site
5. Information Technology and Business Systems
• Responsible for managing the company’s IT and business systems infrastructure, ensuring the business has the IT capabilities sufficient for its needs
• To ensure effective coordination between the company and Group IT, avoiding duplication of effort and optimizing areas for systems deployment and development

Knowledge Responsibilities:

• Keep up-to-date (or quickly understand for new territories) tax, accounting and allied legal issues for Kenya 

HR Responsibilities:

• Manage, coach and development the staff within the finance department.
• Provide support, where required to managers in the organization

REQUIRED KNOWLEDGE, SKILLS AND EXPERIENCE

• 10 years of senior management experience working within an organization with regional/international business). Motor Trade experience an added advantage.
• Audit or accounting experience in a senior role
• A thorough, practical, understanding of overall business disciplines and how real business needs can be addressed effectively with pragmatic solutions
• An advanced level of written and verbal communication/presentation skills is essential.

Education

• Minimum education at degree level in accounting
• Must be a CPA or MBA

DESIRABLE: Experience in working in the automotive industry

COMPETENCIES:

1. Leadership– Forward thinking and proactive with judgment, direction setting and achieving of targets. Able to lead management and operational teams, creating a climate in which team members have a desire for results and are able to realize their potential.
2. Management – Able to identify direction for self and others, motivating and effectively managing staffing and resource requirements. Capacity to use judgment and evaluate situations in order to make decisions following through to appropriate action and results.
3. Achieving Results– Results driven, able to make sound judgments over competing priorities, use initiative and actively assess the course of action to set and accomplish targets.
4. Strategic Thinking – Able to identify a vision along with the plans which need to be implemented to meet the end goal, evaluating situations, decisions, issues in the short, medium and long term.
5. Analytical Thinking – Able to simplify complex problems, processes or projects into component parts and explore and evaluate them systematically.
6. Flexibility – Adapts easily to change and responds flexibly to a changing and evolving environment, provides momentum when driving change and involves others when building plans for change.
7. Resilience - Ability to work under pressure and manage personal effectiveness in face of challenge. Demonstrates an approach to work that is characterized by commitment, energy and motivation.
8. Teamwork – Able to build and maintain effective working relationships with a diverse and multi-cultural workforce in a variety of locations, working cooperatively with others. The ability to build and contribute to a team as well as work independently within a given framework.
9. Communication – Strong communication, influencing and presentation skills both verbal and written. Able to get one’s message understood by adopting a range of styles, tools and techniques appropriate to the audience.

REMUNERATION/BENEFITS

An attractive package will be offered dependent on skills, experience and qualifications.

Send your CV in word format, with a recent photograph of yourself embedded in the top right hand corner. Attach an application letter demonstrating how your skills, experience and qualifications are transferrable to the position.

All documentation is to be emailed to quoting the Job Reference in the subject header of your mail.

ONLY SHORT LISTED CANDIDATES WILL BE CONTACTED