Finance Manager

Summary

Our client, Isinya Feeds Limited, is a fully integrated poultry company, founded in 1984, has established itself as one of Kenya’s leading providers of chicks (broilers and layers), table eggs, hatching eggs, poultry equipment and animal feeds. Renowned for reliability and exceptional customer success, they have expanded their portfolio of products into a wider range over time, capitalizing on advancement in technologies.

Job Purpose

The Finance Manager position will be responsible for providing leadership in the financial management function through planning, managing and optimizing financial resources and implementation of sound financial control policies, systems and procedures to ensure accurate and complete capturing of transactions for timely financial reporting. Tasked with ensuring smooth financial operations of the organization through implementing proper controls, cash flows management, financial commitments whilst reporting in a timely and accurate manner.

Key Duties/ Responsibilities

Manage and oversee the daily operations of the finance and accounting department including accounts payable/receivable, cash receipts, payroll and utilities, capital assets reconciliations and credit control.

Manage cash flows in line with operational budgets, analyze cash and stock movements and monitor working capital levels to ensure cash commitments can be met as and when they fall due to ensure minimum cash threshold to meet operating needs.

Oversee computation and payment of all applicable taxes and statutory returns and deductions in a timely and accurate manner. Oversee supplier payments in a timely manner. 

Review general ledger accounts and finance systems to ensure they are adequate for purposes of providing reliable management information.

Oversee proper management of the company’s inventory by overseeing tasks such as stock counts and stock reconciliations so as to provide accurate stock reports.

Develop and implement optimal internal control systems and financial procedures and policies across the company ensuring adherence to safeguard company resources; continually review operating procedures and controls and propose more effective procedures as necessary.

Develop reliable cash flow forecasts by providing insights on financial forecasting, budget planning and consolidation of various inputs reporting for all key financial matters including: cash, expenses and profits.

Manage the preparation of the company’s budget and oversee implementation ensuring that it aligns with the strategic objectives and financial goals.

Prepare timely and accurate analysis and reporting of budgets, financial reports, financial trends and other periodical accounting and management reports in order to support management decision making.

Work in liaison with auditors to ensure a well-executed audit process, facilitating implementation of corrective actions against issues raised following the closure of internal/external audits.

Provide overall leadership to finance teams ensuring optimal performance, including work allocation, performance management, constructive feedback and facilitation of ongoing professional and technical development.

Key Deliverables

Effective financial controls; adherence to internal controls that safeguard the company assets; 

Strict adherence to the company’s finance and accounting policies, procedures and processes.

Accurate and up to date information in the financial management system.

Timely and successful completion of audits with no issues and adherence with all legal and industry compliance requirements.

Reporting; timely management accounts and financial reports to facilitate informed decision making and analysis.

Optimal stock and payables management.

Accurate cashflow projections.

People & team Management; manage a highly engaged team that meets the desired performance standards. Functional-Cross functional collaboration with other teams. 

Academic and Professional Qualifications and experience required

Bachelor’s degree preferably in Accounting, Finance or related field.

Relevant professional qualification (CPA / ACCA or an equivalent)

Member of a relevant professional body. 

10+ years’ experience in finance, 4 of which should be at a managerial level.

Demonstrate up to date financial knowledge including in-depth knowledge of IFRS, IAS and Kenyan Tax laws.

IT savvy with exceptional Microsoft Excel skills with ability to analyze and interpret data.

Key Skills and Competences

Strong analytical ability and numerical skills

Strong communication skills with ability to communicate complex financial matters to non-technical experts.

Have a high sense of accuracy and attention for detail.

Process oriented 

Strong managerial skills

Highest level of personal and professional integrity.

How to apply:

Please make your application on https: https://jobs.adeptsystems.co.ke/.  This will require you to create a profile and in addition attach your detailed and up to date CV with your contact details, details of current and expected remuneration, the names of three professional referees and a cover letter demonstrating how you meet our requirements. Your application should be sent to us by 19th November 2023