Finance Manager – Manufacturing at CDL Human Resource

Job Overview:

Our client is seeking an experienced and detail-oriented Finance Manager to join our manufacturing team. The ideal candidate will have a minimum of 7 years of experience in finance, including at least 3 years in a managerial role. As a member of the Institute of Certified Public Accountants of Kenya (ICPAK) and a holder of CPAK, you will be responsible for overseeing all financial aspects of our manufacturing operations, ensuring compliance with financial regulations, and contributing to strategic decision-making.

Key Responsibilities:

·  Financial Management:

• Develop financial strategies and manage budgets, forecasts, and plans.
• Monitor financial performance, analyze variances, and recommend improvements.
• Oversee cash flow, treasury functions, and regulatory compliance.

·  Leadership and Team Management:

• Lead and develop a finance team, fostering accountability and teamwork.
• Set performance goals, conduct evaluations, and address issues promptly.

·  Strategic Planning and Analysis:

• Provide financial guidance for decision-making and assess risks and opportunities.
• Track performance with KPIs and lead accurate budgeting and forecasting.

·  Tax Compliance:

• Ensure tax regulation compliance and coordinate with advisors to optimize planning.
• Oversee accurate and timely tax return preparation.

·  Working Capital Management:

• Optimize working capital by managing receivables, payables, and inventory.
• Monitor cash flow and improve cash conversion cycle efficiency.

·  Supplier and Bank Relationships:

• Manage supplier relationships and negotiate terms to optimize procurement.
• Handle banking relationships, credit facilities, and cash management.

·  Risk Management:

• Assess and mitigate financial risks with strategies and internal controls.
• Develop risk management policies to protect assets and ensure continuity.

·  Internal Controls:

• Maintain strong internal controls and conduct audits to prevent fraud and errors.
• Implement improvements based on audit findings.

·  Audit:

• Facilitate internal and external audits, ensuring compliance and providing documentation.
• Implement audit recommendations and monitor corrective actions.

·  Additional Duties:

• Perform other tasks as assigned by management.

Requirements

Qualifications:

• Education: Bachelor’s degree in Finance, Accounting, or a related field. A Master’s degree in Finance or an MBA is a plus.
• Professional Certification: CPAK certification is mandatory. Membership in ICPAK is required.
• Experience: Minimum of 7 years of experience in finance, with at least 4 years in a managerial role within a manufacturing environment.
• Technical Skills: Strong knowledge of IFRS, Kenyan tax laws, and financial regulations. Proficiency in ERP systems and advanced Excel skills.
• Leadership Skills: Proven ability to lead and develop a finance team, with excellent communication and interpersonal skills.
• Analytical Skills: Strong analytical and problem-solving abilities, with attention to detail and accuracy.