Finance Manager

Nairobi - Kenya

Monthly Salary: Not Disclosed

Experience Required: 8years

Posted on: Yesterday

Vacancies: 1 Vacancy

Job Summary

Role Purpose

The Finance Manager is responsible for overseeing and managing all financial operations for the C4 Transport and Equipment business units in Kenya. The role ensures accurate financial accounting statutory and regulatory compliance effective budgeting and forecasting robust financial controls and timely management reporting. The Finance Manager provides financial insight and strategic support to management to drive sustainable growth and operational efficiency.

Duties and Responsibilities

Financial Accounting & Reporting

Maintain accurate and complete accounting records in line with IFRS and Kenyan statutory requirements
Prepare and review monthly quarterly and annual financial statements
Ensure timely month-end and year-end closing processes

Performance Measures:

Monthly financial statements prepared by the 5th working day with 100% accuracy

Budgeting & Forecasting

Lead the annual budgeting process across both business units
Prepare monthly forecasts and conduct variance analysis against budgets
Provide financial insights and recommendations to management

Performance Measures:

Monthly variance analysis reports completed with explanations for deviations exceeding 5%

Tax & Regulatory Compliance

Ensure timely and accurate filing of all statutory returns including VAT withholding tax PAYE and corporate tax
Liaise with the Kenya Revenue Authority (KRA) and other regulatory bodies
Monitor changes in tax legislation and ensure ongoing compliance

Performance Measures:

Zero penalties or interest arising from late or incorrect statutory submissions

Cash Flow & Treasury Management

Monitor daily cash positions and manage cash flow requirements
Maintain relationships with banks and financial institutions
Ensure sufficient liquidity to support operational and capital needs

Performance Measures:

Weekly cash flow forecasts prepared with at least 98% accuracy

Audit & Internal Controls

Coordinate internal and external audits
Develop implement and monitor internal financial controls and procedures
Address audit findings and implement corrective actions

Performance Measures:

Clean audit reports with no significant control weaknesses

Team Leadership & Development

Lead mentor and develop finance team members
Set performance objectives and conduct regular reviews
Identify training and development needs within the finance team

Performance Measures:

Quarterly performance reviews and development plans completed for all team members

Requirements

Qualifications Experience & Competencies

Education & Professional Qualifications

Bachelors degree in Finance Accounting or a related field
CPA(K) or ACCA certification required
Masters degree in Finance or MBA is an advantage

Experience

Minimum of 5 years experience in finance or accounting roles
At least 2 years in a managerial or supervisory position in Kenya
Experience in transport logistics or equipment rental industries is an advantage

Knowledge & Skills

Strong knowledge of IFRS Kenyan tax laws and statutory compliance
Proficiency in accounting software ERP systems and advanced Excel
Experience with SAP or Oracle Financials is desirable

Core Competencies

High level of integrity and attention to detail
Strong analytical leadership and decision-making skills
Excellent communication and stakeholder management ability
Ability to work under pressure and meet tight deadlines

Language

Fluent in English and Swahili
Additional local languages are an advantage

Working Conditions & Remuneration

Work Environment: Office-based with occasional visits to operational sites
Work Schedule: Standard working hours with extended hours during reporting cycles
Travel: Occasional local travel required
Salary Range: USDper month depending on experience

Key Performance Indicators (KPIs)

Timeliness and accuracy of financial reporting (100%)
Compliance with tax and regulatory deadlines (100%)
Budget variance maintained within 5%
Clean internal and external audit outcomes
Cash flow forecast accuracy of at least 98%

Role PurposeThe Finance Manager is responsible for overseeing and managing all financial operations for the C4 Transport and Equipment business units in Kenya. The role ensures accurate financial accounting statutory and regulatory compliance effective budgeting and forecasting robust financial cont...

Role Purpose

Duties and Responsibilities

Financial Accounting & Reporting

Maintain accurate and complete accounting records in line with IFRS and Kenyan statutory requirements
Prepare and review monthly quarterly and annual financial statements
Ensure timely month-end and year-end closing processes

Performance Measures:

Monthly financial statements prepared by the 5th working day with 100% accuracy

Budgeting & Forecasting

Lead the annual budgeting process across both business units
Prepare monthly forecasts and conduct variance analysis against budgets
Provide financial insights and recommendations to management

Performance Measures:

Monthly variance analysis reports completed with explanations for deviations exceeding 5%

Tax & Regulatory Compliance

Ensure timely and accurate filing of all statutory returns including VAT withholding tax PAYE and corporate tax
Liaise with the Kenya Revenue Authority (KRA) and other regulatory bodies
Monitor changes in tax legislation and ensure ongoing compliance

Performance Measures:

Zero penalties or interest arising from late or incorrect statutory submissions

Cash Flow & Treasury Management

Monitor daily cash positions and manage cash flow requirements
Maintain relationships with banks and financial institutions
Ensure sufficient liquidity to support operational and capital needs

Performance Measures:

Weekly cash flow forecasts prepared with at least 98% accuracy

Audit & Internal Controls

Coordinate internal and external audits
Develop implement and monitor internal financial controls and procedures
Address audit findings and implement corrective actions

Performance Measures:

Clean audit reports with no significant control weaknesses

Team Leadership & Development

Lead mentor and develop finance team members
Set performance objectives and conduct regular reviews
Identify training and development needs within the finance team

Performance Measures:

Quarterly performance reviews and development plans completed for all team members

Requirements

Qualifications Experience & Competencies

Education & Professional Qualifications

Bachelors degree in Finance Accounting or a related field
CPA(K) or ACCA certification required
Masters degree in Finance or MBA is an advantage

Experience

Minimum of 5 years experience in finance or accounting roles
At least 2 years in a managerial or supervisory position in Kenya
Experience in transport logistics or equipment rental industries is an advantage

Knowledge & Skills

Strong knowledge of IFRS Kenyan tax laws and statutory compliance
Proficiency in accounting software ERP systems and advanced Excel
Experience with SAP or Oracle Financials is desirable

Core Competencies

High level of integrity and attention to detail
Strong analytical leadership and decision-making skills
Excellent communication and stakeholder management ability
Ability to work under pressure and meet tight deadlines

Language

Fluent in English and Swahili
Additional local languages are an advantage

Working Conditions & Remuneration

Work Environment: Office-based with occasional visits to operational sites
Work Schedule: Standard working hours with extended hours during reporting cycles
Travel: Occasional local travel required
Salary Range: USDper month depending on experience

Key Performance Indicators (KPIs)