Chief Finance Officer Job in Nairobi, Kenya

Vacancy

in Investment Holding Company
 

Background: Our client is one of Africa’s most

successful diversified investment holding companies. 

Based

in Nairobi, it is renowned for its interest in strategic regional investments

ultimately aimed at improving communities and restoring human dignity.

It has cemented its position as Africa’s foremost value investor, with its

strategic emphasis on identifying optimal opportunities to invest and realize

value from key economic sectors within the African Continent. 

We

seek to recruit an experienced, competent and self-motivated individual with

excellent leadership skills, who will form the core team that will deliver on

our strategic intent to fill the following position:Chief Finance Officer (CFO)

Reports To: 

Group

CEO

Overall Purpose: The

purpose of this position is to coordinate financial management activities to

maximize the strategic use of financial resources in the execution of the

company’s strategic plan and to ensure compliance with all regulatory and

company policies.

Key Duties / Responsibilities
 

1.

Company Budgeting & Strategy Process

• Leading
  
  business budgeting discussions around Company’s business processes
  
  (budgets / forecasts capital projects, outlook);


• Supporting
  
  all departments  in developing  their respective departmental /
  
  operating  budgets;


• Ensuring
  
  action plans are in place to meet business commitments;


• Providing
  
  strategic advice with regards to business initiatives and projects and
  
  assisting in the execution of business strategies;


• Preparing
  
  presentations on the company’s periodic financial position to the Board of
  
  Directors;


• Producing
  
  financial statements, reports and analysis to aid in decision making.

• Ensure
  
  that all company policies and procedures are developed and up to-date in
  
  line with current best practices;


• Providing
  
  financial leadership and reviewing financial performance;


• Supervision 
  
  of the finance department staff;


• Owning 
  
  and control of the complete balance sheet  and financial reports;


• Ensuring
  
  that financial statements comply with the International Accounting standards
  
  and other regulatory requirements;


• Preparation
  
  of accurate and timely Monthly Management Accounts for decision making;


• Preparing
  
  other ad-hoc financial reports as requested by the Executive committees.

3. Liaison with Stakeholders
 

Liaising

with regulators and third parties such as:

• Kenya
  
  Revenue Authority, 


• External
  
  Auditors, 


• Financiers
  
  and Bankers,


• Other
  
  relevant stakeholders, etc.

• Designing
  
  and implementing internal control processes to safeguard the company’s
  
  assets;


• Overall
  
  identification of risks facing the business and implementing adequate risk
  
  management controls;



• Driving
  
  consistent improvements in financial processes  and ensuring
  
  effective


• management
  
  of costs across the business;


• Ensuring
  
  timely and accurate reporting on costs/revenue by cost centre and
  
  ensuring;


• Regular
  
  updating of forecasts in the light of changes in costs and revenue.

• Working
  
  closely with senior management to develop and implement a funding and
  
  investment strategy for effective implementation of the business growth.

Key Qualifications & Experience

• University
  
  degree in Business Administration majoring in Accounting/Finance from a
  
  recognized university or college.


• Certified
  
  Public Accountancy qualifications (CPA-K or ACCA)


• An
  
  MBA will be an added advantage.


• Over
  
  8 years’ experience in Financial Management in a large and similar
  
  organization.


• Advanced
  
  knowledge and proven ability to use Microsoft Office software and
  
  accounting applications.

Key Skills & Competencies

• Professional
  
  and commercial approach to Accountancy and Finance with the ability to
  
  deliver on KPIs;


• Excellent 
  
  communication skills honed in business partnering/ advisory roles;


• Examples
  
  of adding value as both an individual contributor and active team member;


• Ability
  
  to build rapport quickly with key members of the executive team;


• Ability
  
  to represent the Finance function as part of the bigger business picture;


• Confidence
  
  in directing finance and advising managers on all aspects of financial
  
  management;


• General
  
  experience and understanding of management procedures and processes and
  
  ability to analyse and propose improvements in finance in relation to
  
  improved productivity;


• Excellent
  
  organizational and time management skills;


• Ability
  
  to work with no supervision while performing duties;

Main Internal Contacts: The

BOD, CEO, Chief Managers

How to Apply
 

Interested

candidates who meet the above criteria should send their applications by email

only to recruitment@parkerrandall-ea.com with the “job title” as the subject

heading. 

This

should only include a cover letter and detailed curriculum vitae with three (3)

professional referees (as one Ms Word document).

DO NOT ATTACH copies of certificates/testimonials. 

Include your current and expected remuneration package in the cover letter.

Kindly follow these instructions to avoid disqualification of your

application. 

Note that the deadline for submission of applications is Friday 4th December

2015. 

Only

shortlisted candidates will be contacted. 

We are

an equal opportunity employer.