Group Chief Financial Officer

Job Description : GROUP CFO KENYA The Group Chief Financial Officer (GCFO) has primary responsibility for the planning, implementation, managing and running of all the finance activities of the company, including business planning, budgeting, forecasting and negotiations. Key Responsibilities: Ensure implementation of effective financial policies, internal checks, controls and systems. Manage and control the budget, assist the MD in financial planning, treasury and currency exposure management. Monitor and analyse periodic operating results against budget by Company (and department within each) as per the prevalent MIS program. Evolve this program effectively. Draw attention to exceptional variances with timely reporting to concerned HODs or Top management for effective decision making. Should have experience in dealing with banks and corporate finance, negotiations on banking products and financing Should have excellent exposure in cash forecasting for a multi entity group and ensuring strict compliance to timely cash reporting and projections on funds positions. Ability to forecast cash and monitoring it using excel or other tools would be a positive attribute for the position Manage credit policy and accounts receivable. Produce the annual financial statements as per IFRS; coordinate efforts of the auditors for timely completion of the statutory audit and tax audit. Conduct financial analysis for proposed contracts and investment decisions with the aim of enabling right decision making. Develop and maintain an appropriate organizational structure to effectively accomplish the department's goals and objectives. Develop and manage the team, set KRAs, motivate and direct them to achieve goals, maintain trustworthiness and integrity; rationalize manpower on periodic basis. Establish and implement short- and long-range goals, objectives, policies, and operating procedures of the finance department. Ensure effective interface with all external parties including other departments, banks, customers, vendors, government etc. Serve on planning and policy-making committees. Contribute substantively in tax planning. Manage the Commercial function of the Group in an economical and efficient manner. To file Annual Returns of all the group companies To arrange for board meetings and annual general meetings To oversee legal compliance and other governance issues Supervise the Legal officer of the group and give directions in a timely manner to oversee the legal exposure of the group. Risk management, review systems and procedures, review major transactions, evaluate every significant situation and ensure mitigation of risk, (including but not limited to ensuring proper, effective and optimum insurance cover for the various risk exposures faced by the Group). Should have exposure to solid internal control environment and a demonstrable experience of handling internal audit teams. Key Skills Required: Qualified Chartered Accountant (CA) Should have 25+ years of experience in working for reputed organizations and automotive experience will be a definite plus. Exposure of driving cost reduction and cost saving initiatives through innovative methods and implementing critical processes. Excellent communication and negotiation skills.

---

Back