Chief Financial Officer

Job Description : CFO KENYA leading steel/building material manufacturers in East Africa. Job Profile: Directly responsible for accounts and finance function for the company by ensuring the execution of the following responsibilities: Accomplishes finance human resource strategies by determining accountabilities; communicating and enforcing values, policies, and procedures; implementing recruitment, selection, orientation, training, coaching, counselling, disciplinary, and communication programs; planning, monitoring, appraising, and reviewing job contributions; planning and reviewing compensation strategies. Reports financial status by developing forecasts; reporting results; analyzing variances; developing improvements. This shall involve but not limited to designing and implementing systems and procedures; budgeting, supervising the consolidation of accounts and preparation of the management accounts, interim quarterly reports and annual reports for the group. Ensure compliance with regulatory requirements to include but not limited to the construction industry, capital acquisition from the public and financial institutions, tax compliance, contingencies arising from contractual obligations. This role shall involve advising management on minimization of regulatory and contractual risks and associated contingencies that are in disfavour of the group’s objectives. Monitors financial performance by measuring and analyzing results; initiating corrective actions; minimizing the impact of variances in accordance with approved budgets and forecasts in pursuit of maximizing shareholders’ returns as well as earnings to book ratio. Develops and implements finance organizational strategies by contributing financial and accounting information, analysis, and recommendations to strategic thinking and direction; establishing functional objectives in line with organizational objectives. Establishes and implements finance operational strategies by evaluating trends; establishing critical measurements; determining production, productivity, quality, and customer-service strategies; designing systems; accumulating resources; resolving problems; implementing change. Develops and implements organization prospects by studying economic trends and revenue opportunities; projecting acquisition and expansion prospects; analyzing organization operations; identifying opportunities for improvement, cost reduction, and systems enhancement; accumulating capital to fund expansion. Develops and implements action plans for financial strategies by forecasting capital, facilities, staff requirements and monetary resources. Maximizes return on invested capital by identifying investment opportunities; maintaining relationships with the investment community. Ensure proper costing and pricing of the traded products of the organization in pursuit of maximizing profit, optimizing the cash conversion cycle in comparison with the competition. Ensure safeguarding of all the assets of the group as well as handling insurance-related function for the group, which includes a selection of insurance companies, planning for optimum insurance management, and early settlement of claims. Coordinate internal and external audits for both transactions and systems to ensure financial and systems integrity of the internal controls in the group. Updates personal and departmental job knowledge by remaining aware of new regulations; participating in educational opportunities; reading professional publications; maintaining personal networks; participating in professional organizations and being involved in contractual negotiations of the group companies. To keep the information strictly confidential within and after the term of service to the group. To maintain books of accounts for various properties and investment done by the shareholder. And ensure timely returns are filed as per regulation. Chartered Accountant with 15 years of experience in a Steel/Building material/Manufacturing industry. Candidate must have experience in negotiating financing with banks for short and long term funding. Should have good IPR skills to maintain good relationships with financiers. Should have strong costing capability in steel manufacturing and hence someone who can add value in terms of commercial decisions. Should have strong operational control capabilities. Africa experience would be preferable.

---

Back