Chief Financial Officer Job Sotik Tea Companies Limited

Chief Financial Officer Job Sotik Tea Companies Limited

Finance Jobs In Kenya

Key Dimensions of the role

Financial Management and Reporting

  • Manage and lead the finance function, ensuring smooth and efficient day-to-day operations while setting a strong example for the team.
  • Ensure the business complies with all financial statutory legislation and returns.
  • Ensure monthly management accounts are produced accurately and timely to the local board and Group Head office, with commentary and comparison to budget.
  • Manage cash flow proactively and detail accurate forecasts; develop a revenue forecast based on business unit production/sales; balance accounts payable and receivable to utilize cash.
  • Oversee and manage the year-end audit process. Work with third-party auditors and tax advisors to maximize group goals.
  • Analyze business performance against budget/projects and advise on variations.
  • Structure reporting to clearly display the performance of each business unit.
  • Develop and review systems to accurately capture costs per business unit.
  • Generate KPIs around cash generation/targets, individual objectives, and how they tie into the business.
  • Financially appraise cash and the return by investments.
  • Advise on asset performance and collectively look at methods of improving efficiency.
  • Fine-tune MAs to reflect individual business units and their performance/contribution to the group.
  • Develop an operating cash balance for projects.
  • Reconcile income with expenses per business unit.

Strategic Leadership

  • Work closely with the General Manager to appraise new initiatives and their impact on the business.
  • Assist in developing the strategy around product development and expansion.
  • Develop a role around a CFA to translate project numbers into daily/weekly/monthly targets for department managers to understand.
  • Oversee the IT function of the business, including the transition and integration to a new accounting software.
  • Manage and work with our legal and professional advisors

Budgeting and Financial Planning

  • Oversee the annual budgetary process and present annual budgets.
  • Work with third-party lenders and equity partners to ensure sufficient funds are available for planned expansions.
  • Assist procurement in sourcing products and payment schedules for large CAPEX items.

Performance Monitoring and Improvement

  • Analyze business performance against budget/projects and advise on variations.
  • Generate KPIs around cash generation/targets, individual objectives, and how they tie into the business.

Experience

  • Over 15 years of experience working in manufacturing, FMCG, logistics or agricultural companies.
  • Demonstrated experience in taking a leading role in the finance function of the business.
  • Proven track record of helping to create and deliver strategic goals.
  • Previous experience working with debt and equity partners.
  • Successfully integrated an ERP system throughout the business.
  • Demonstrated examples of Human Resources being integral to previous engagement strategies and how they influenced HR to achieve company goals.

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How To Apply

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