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Chief Financial Officer

Job Description : CFO KENYA 15+ years experience The Chief Financial Officer (CFO) is responsible for developing and implementing a Finance strategic plan across the company and its subsidiaries that enables strategic insight and provides the board with awareness around financial matters. Furthermore, the CFO is responsible for providing strong, pro-active financial management of all functions and developing tools/reporting/processes to improve business effectiveness and performance. The CFO will work closely with the Chief Executive and will present regularly to the board and shareholders on the financial affairs of the company and other responsibilities. Responsibilities and Duties: Value Creation and Strategic Plans: Develop deep understanding of business, brand, products, operations and positioning Perform thorough review of the finance function, including processes, procedures and tools, in order to recommend opportunities for improvement Develop deep understanding of s strategic and value creation plans; actively contribute to the development and modification of these strategic plans for the finance function Develop a Finance strategic plan, aligned with long-term objectives, together with associated workplans to deliver the plan on agreed timeframes Establish or modify the Finance organisation to carry out the Finance strategic plan; oversee Finance & Accounting personnel hiring, training and development Implement the Finance strategic plan as aligned with objectives, and lead other value creation work as required Identify opportunities for cost and revenue optimization Reporting: Identify a new Enterprise Resource Planning IT system and handle migration Lead development and formalization of Finance policies and processes, including procedures, key performance indicators, etc. Establish data capture and collection processes to ensure high quality and accuracy Prepare reports and analyses for Chief Executive Officer, Senior Managers, and board Design, implement, and manage dashboards, Management Information Systems, and data interfaces Ensure timely reporting Lead development and maintenance of cash forecasting tools and methodologies Accounting and Treasury: Apply appropriate local and international standards for accounting calculations, including migration to accrual accounting Liaise with vendors to ensure proper accounting, including a Big 4 firm to perform annual audit Manage the effective operations of accounts receivable and payable functions Lead design and execution of liquidity management policies and processes Planning and Budgeting: Preparation of annual business plans and budgets as well as medium- and long-term financial/strategic plans Develop and apply methodologies and tools for financial forecasting Assist Senior Managers in monitoring the financial and budgetary positions of their departments Governance and Compliance: Ensure compliance with all applicable local governance standards Manage controls and practices to mitigate governance risks associated with employee actions (e.g., ABC policy, AML policy, gifts/corporate entertainment policy, trainings, etc.) Monitor and record compliance issues Apply appropriate standards in contractual relationships with customers and suppliers Skills And Background: Education and skills: Education: Bachelor's degree in finance or accounting (higher degree preferred) Qualifications: CA / CPA Background and professional experience: 10+ years in a financial & accounting role, preferably in the F&B or animal protein sector Experience in project management - planning, leading, and implementing a range of strategic initiatives against challenging performance targets Previous experience in ERP implementation preferred Extensive knowledge of Finance procedures, including Management Information Systems, reporting, planning, budgeting, Treasury activities, and accounting Excellent command of both oral and written English Experience in the animal proteins sector and/or F&B sector is a plus Prior experience or interaction, directly or indirectly, with private equity operators is a plus Personal attributes and critical success factors: Excellent analytical and problem-solving abilities Self-driven, goal-oriented and disciplined with ability to manage and meet key deadlines Ability to identify and recommend value adds based on the long-term strategic focus Decisive with a capacity to create and implement value creation initiatives across Encouraging to team and staff; able to mentor and lead Excellent organisation, prioritisation and project management skills Collaborative – able to navigate the organisation to get things done Excellent interpersonal skills and maturity level

Posted on : 28-12-2020
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