Finance Manager - Automotive

Nairobi - Kenya

Monthly Salary: Ks 250000 - 300000

Experience Required: 5years

Posted on: 21-08-2025

Vacancies: 1 Vacancy

Job Summary

Job Summary

Our client a leading large-scale dealer distributor and reseller of automotive parts in Kenya with seven regional stores across the country is seeking a highly skilled and experienced Financial Manager to oversee the financial operations of its fast-paced multi-branch business.

The ideal candidate will have extensive expertise in financial management within the automotive or related industries a proven track record in budgeting cost control and compliance and the ability to drive strategic growth through effective financial planning.

This role requires strong leadership skills an analytical mindset and a deep understanding of Kenya s financial regulations coupled with hands-on experience in managing multi-branch operations and complex inventory financing structures.

Key Responsibilities

1. Financial Strategy & Planning

Lead annual budgeting and forecasting processes ensuring alignment with business strategy.
Develop financial models to evaluate business performance new investments and expansion opportunities.
Conduct monthly quarterly and annual financial performance reviews identifying areas for cost optimization and revenue growth.

2. Accounting & Reporting

Oversee preparation of timely and accurate financial statements in compliance with IFRS and Kenyan tax laws.
Manage the general ledger reconciliations accounts receivable accounts payable and payroll.
Ensure proper documentation and controls for all financial transactions.
Present monthly management accounts to the Board and senior leadership.

3. Compliance & Risk Management

Ensure full compliance with Kenyan tax regulations (VAT PAYE Income Tax Excise Duty).
Oversee external and internal audits responding promptly to findings and recommendations.
Monitor and manage financial risks including currency fluctuations credit risk and fraud prevention.

4. Automotive-Specific Financial Management

Manage stock financing facilities with banks and financial institutions.
Track vehicle costing sales margins and aftersales profitability.
Monitor spare parts workshop and service center revenue streams.
Work closely with sales operations and procurement teams to align financial strategies with operational goals.

5. Leadership & Stakeholder Engagement

Lead and mentor the finance team to build capacity and improve performance.
Engage with external stakeholders such as banks tax authorities suppliers and insurers.
Support the Managing Director with strategic decision-making based on data-driven insights.

Requirements

Bachelor s degree in Finance Accounting or related field (Master s degree is an advantage).
Professional accounting certification (CPA-K ACCA or equivalent).
Minimum 5-7 years experience in financial management in the automotive retail or related industry.
Strong knowledge of bank reconciliations imports and LCs.
Strong knowledge of Kenyan tax laws IFRS and compliance requirements.
Advanced proficiency in ERP systems and MS Excel.

Core Competencies

Strong commercial acumen and understanding of automotive business drivers.
Analytical thinker with excellent problem-solving skills.
Exceptional leadership and team management abilities.
High integrity attention to detail and ability to work under pressure.
Strong negotiation and stakeholder management skills.

Bachelor s degree in Finance, Accounting, or related field (Master s degree is an advantage). Professional accounting certification (CPA-K, ACCA, or equivalent). Minimum 5-7 years experience in financial management, in the automotive, retail, or related industry. Strong knowledge of bank reconciliations, imports, and LCs. Strong knowledge of Kenyan tax laws, IFRS, and compliance requirements. Advanced proficiency in ERP systems and MS Excel. Core Competencies Strong commercial acumen and understanding of automotive business drivers. Analytical thinker with excellent problem-solving skills. Exceptional leadership and team management abilities. High integrity, attention to detail, and ability to work under pressure. Strong negotiation and stakeholder management skills.

Education

Job SummaryOur client a leading large-scale dealer distributor and reseller of automotive parts in Kenya with seven regional stores across the country is seeking a highly skilled and experienced Financial Manager to oversee the financial operations of its fast-paced multi-branch business.The ideal c...