Finance Manager Job in Nairobi, Kenya

Our

Client is a multinational Company in the financial services sector. 

They

are seeking to recruit a highly ambitious candidate to fill in the following

position in their Nairobi office:
 

Reporting

to the Chief Executive, the purpose of this role is to direct and oversee all

of the financial activities, including the preparation of financial reports and

forecasts for future business growth. 

The

Finance Manager will also be responsible for controlling the finance and

accountancy functions to ensure that proper systems of financial controls are

in place.

In

addition, the incumbent will ensure compliance with Company and International

Accounting Standards.

Principal Accountabilities:

• Formulating
  
  annual budgets in close relation with departments for Board approval


• Analyzing
  
  and forecasting critical financial performance indicators such as cash
  
  flow, cost controls and actual figures against budgets / targets and
  
  conveying these analyses to the CEO, the Board Committee and recommend on
  
  corrective actions where needed


• Analyzing
  
  and reviewing aged accounts, accounts receivable and making
  
  recommendations for improvement



• Ensuring
  
  optimal investment of excess funds to maximize investment income


• Assessing
  
  the long-term financial trends and reviewing prospects for future growth
  
  of income and new product areas, and pin-point potential weak areas


• Providing
  
  financial updates, reports and equity/debt tracking


• Creating,
  
  coordinating and evaluating the financial programs and supporting
  
  information systems of the business unit to include budgeting and tax
  
  planning


• Developing
  
  and implement risk management policies


• Reviewing
  
  and improving finance, accounting, billing and auditing procedures

Key Skills and Qualifications:

• Bachelor
  
  degree in Finance / Accounting / Economics. A bachelor degree in Actuarial
  
  Science will be an added advantage.


• Professional
  
  qualifications – CPA / ACCA Finalist. Must be a Member of Institute of
  
  Certified Public Accountants of Kenya (ICPAK) or equivalent


• A
  
  minimum of 10 years’ relevant experience in Finance  with at least 5
  
  years in senior management


• Thorough
  
  understanding of International Financial Reporting Standards (IFRS)


• Practical
  
  knowledge of the Insurance Act (1984)


• Must
  
  have experience within an ERP environment specifically within an Oracle
  
  operating environment


• Proven
  
  experience in service industry


• Experience
  
  working in a fast growing environment


• Ability
  
  to analyze financial data and prepare financial reports, statements, and
  
  projections


• Excellent
  
  team leadership skills, communication, organization and presentation
  
  skills

Interested candidates are requested to forward their updated CVs

to recruit@virtualhr.co.ke by 6th May 2016 stating their current and expected

remuneration, daytime telephone contacts and addresses of three referees. 

Only

shortlisted candidates will be contacted.