Chief Financial Officer

Job Description : CFO KENYA leading organisation in the Pharmaceutical and Life Sciences sector to identify a The Chief Financial Officer position is responsible for the Financial, Administrative and Risk Management operations of the group, including the development of a financial and operational strategy, parameters tied to that strategy, and the ongoing development and monitoring of control systems designed to preserve company assets and report accurate financial results. Key Responsibilities Include: Planning · Strategic planning for the group together with the Board of Directors and top management of the Group · Monitor and direct the implementation of strategic business plans · Develop financial and tax strategies for the group · Lead the budgeting process of all the companies within the group of and ensure that they fall within approved guidelines, company strategies and projections · Develop performance measures that support the company's strategic direction, e.g stock days, debtors days, profitability, · Analyse and approve any large expansion projects/ capital expenditure Operations · Participate in key decisions as a member of the executive management team · Maintain in-depth relations with all members of the management team · Manage the accounting, legal, tax, treasury and supply chain departments · Oversee the financial operations of subsidiary companies and foreign operations · Manage any third parties to which functions have been outsourced · Oversee the company's transaction processing systems · Implement operational best practices Harmonise all financial and accounting policies/functions within the group · Oversee employee benefit plans, with particular emphasis on maximizing a cost-effective benefits package ( incentive for sales staff, bonus and increment packages ) · Supervise acquisition due diligence and negotiate acquisitions · Review and approve tax plans submitted by the individual companies financial controllers Financial Information · Review and report to the BOD the financial results to the board of directors · Tweak the financial markers to monitor the performance of the group companies e. g. stock levels, debtor days, profitability to ensure the company is running efficiently. · Review and approve monthly management accounts before presentation to the BOD for the group companies Risk Management · Understand and mitigate key elements of the group’s risk profile · Monitor all open legal issues involving the group, and legal issues affecting the industry · Implement and monitor financial controls at all levels · Ensuring the group complies with all legal and regulatory requirements. To be aware of all tax laws and any other legal requirements affecting the group. · Ensure that record keeping meets the requirements of auditors and government agencies · Maintain relations with external auditors and investigate their findings and recommendations · Group insurance Funding · Monitor cash balances and cash forecasts · Arrange for debt and equity financing · Invest funds Third Parties · Maintain banking relationships · Represent the company with investment bankers and investors The ideal candidate should have: · 15+ years of experience in accounting and finance · Bachelor's Degree in Accounting or Finance · MBA from a recognised Business School prefered · CA or ACCA or FCA qualified · 5 years experience in a medium/large size manufacturing industry (ATO of USD 30m+) · Hands-on experience with SAP · Outstanding communication and presentation skills · Demonstrated leadership ability · Experience in working with external auditors, banks and in DFI.

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