Finance Operations Manager
2025-08-18T18:16:06+00:00
Centum
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https://centum.co.ke/
FULL_TIME
kenya
Nairobi
00100
Kenya
Insurance
Finance, Insurance & Real Estate
2025-08-30T17:00:00+00:00
Kenya
8
Key Responsibilities.
- Financial Operations and Reporting
- Manage day-to-day financial operations including accounts payable, accounts receivable and inventory
- General ledger accounting including prepayments, accruals, payroll accounting & tax accounting
- Accurate Revenue reporting by ensuring compliance to revenue recognition as per signed contracts recorded in CRM both for IFRS reporting and management reporting
- Timely & accurate month end financial books’ closure
- Preparation of management & statutory financial reports including variance analysis, KPIs and relevant insightful commentaries
- Preparation of financial forecasts including the primary financial statements
- Cash flow & Treasury management
- Oversee all daily finance operations, ensuring liquidity for ongoing projects and corporate needs
- Maintain strict cashflow discipline, liaising with the Collections Officer for collections and the business teams for payments
- Forecast, monitor and report operational cash flow positions weekly, identifying risks and proposing corrective actions.
- Manage working capital to optimize use of own cash, customer deposits and bank financing.
- Project finance and cost control
- Supervise project accountants across all developments, currently these being Nairobi, Vipingo & Entebbe and ensure budget discipline
- Track project costs and margins against approved budgets, initiating corrective measures when variances arise
- Review and recommend for approval project payment certificates only after verifying progress and budget alignment.
- Compliance and reporting
- Ensure full statutory compliance in line with IFRS and local reporting standards.
- Prepare and submit monthly, quarterly, and annual statutory returns (VAT, corporate tax, payroll taxes).
- Maintain compliance with all debt covenants, submitting accurate lender reports on time.
- Governance, risk and audit
- Implement robust internal controls to safeguard assets and prevent leakages.
- Coordinate internal and external audits, ensuring timely resolution of findings.
- Maintain a risk register for finance operations, escalating significant issues promptly.
Requirements
Core competencies & Qualifications:
- Minimum 8 years progressive finance experience, with at least 4 years in real estate development, construction, or other capital-intensive sectors.
- Demonstrate experience in multi-project finance operations with complex funding structures.
- Strong understanding of IFRS and statutory reporting frameworks.
- Proven track record in cashflow optimization, debt covenant compliance, and cost control.
- Commercial acumen - deep understanding of real estate cash cycles, project financing, and profitability drivers.
- Analytical rigour - advanced excel and financial modeling skills, with ability to turn numbers into actionable insights.
- Demonstrate experience working with a large ERP.
- Execution focus - ability to deliver under high pressure, balancing multiple priorities.
- Stakeholder management - skilled in liaising with banks, investors, contractors, auditors, and regulators.
- Leadership - ability to lead and mentor finance teams, fostering accountability and performance excellence.
- Minimum KCSE B+ and a Bachelor’s Degree (Second Upper) degree in Accounting, Finance, Economics, or related field; CPA, ACCA, or equivalent required.
Key Responsibilities. Financial Operations and Reporting Manage day-to-day financial operations including accounts payable, accounts receivable and inventory General ledger accounting including prepayments, accruals, payroll accounting & tax accounting Accurate Revenue reporting by ensuring compliance to revenue recognition as per signed contracts recorded in CRM both for IFRS reporting and management reporting Timely & accurate month end financial books’ closure Preparation of management & statutory financial reports including variance analysis, KPIs and relevant insightful commentaries Preparation of financial forecasts including the primary financial statements Cash flow & Treasury management Oversee all daily finance operations, ensuring liquidity for ongoing projects and corporate needs Maintain strict cashflow discipline, liaising with the Collections Officer for collections and the business teams for payments Forecast, monitor and report operational cash flow positions weekly, identifying risks and proposing corrective actions. Manage working capital to optimize use of own cash, customer deposits and bank financing. Project finance and cost control Supervise project accountants across all developments, currently these being Nairobi, Vipingo & Entebbe and ensure budget discipline Track project costs and margins against approved budgets, initiating corrective measures when variances arise Review and recommend for approval project payment certificates only after verifying progress and budget alignment. Compliance and reporting Ensure full statutory compliance in line with IFRS and local reporting standards. Prepare and submit monthly, quarterly, and annual statutory returns (VAT, corporate tax, payroll taxes). Maintain compliance with all debt covenants, submitting accurate lender reports on time. Governance, risk and audit Implement robust internal controls to safeguard assets and prevent leakages. Coordinate internal and external audits, ensuring timely resolution of findings. Maintain a risk register for finance operations, escalating significant issues promptly.
Requirements Core competencies & Qualifications: Minimum 8 years progressive finance experience, with at least 4 years in real estate development, construction, or other capital-intensive sectors. Demonstrate experience in multi-project finance operations with complex funding structures. Strong understanding of IFRS and statutory reporting frameworks. Proven track record in cashflow optimization, debt covenant compliance, and cost control. Commercial acumen - deep understanding of real estate cash cycles, project financing, and profitability drivers. Analytical rigour - advanced excel and financial modeling skills, with ability to turn numbers into actionable insights. Demonstrate experience working with a large ERP. Execution focus - ability to deliver under high pressure, balancing multiple priorities. Stakeholder management - skilled in liaising with banks, investors, contractors, auditors, and regulators. Leadership - ability to lead and mentor finance teams, fostering accountability and performance excellence. Minimum KCSE B+ and a Bachelor’s Degree (Second Upper) degree in Accounting, Finance, Economics, or related field; CPA, ACCA, or equivalent required.
JOB-68a36de65408e
Vacancy title:
Finance Operations Manager
[Type: FULL_TIME, Industry: Insurance, Category: Finance, Insurance & Real Estate]
Jobs at:
Centum
Deadline of this Job:
Saturday, August 30 2025
Duty Station:
kenya | Nairobi | Kenya
Summary
Date Posted: Monday, August 18 2025, Base Salary: Not Disclosed
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JOB DETAILS:
Key Responsibilities.
- Financial Operations and Reporting
- Manage day-to-day financial operations including accounts payable, accounts receivable and inventory
- General ledger accounting including prepayments, accruals, payroll accounting & tax accounting
- Accurate Revenue reporting by ensuring compliance to revenue recognition as per signed contracts recorded in CRM both for IFRS reporting and management reporting
- Timely & accurate month end financial books’ closure
- Preparation of management & statutory financial reports including variance analysis, KPIs and relevant insightful commentaries
- Preparation of financial forecasts including the primary financial statements
- Cash flow & Treasury management
- Oversee all daily finance operations, ensuring liquidity for ongoing projects and corporate needs
- Maintain strict cashflow discipline, liaising with the Collections Officer for collections and the business teams for payments
- Forecast, monitor and report operational cash flow positions weekly, identifying risks and proposing corrective actions.
- Manage working capital to optimize use of own cash, customer deposits and bank financing.
- Project finance and cost control
- Supervise project accountants across all developments, currently these being Nairobi, Vipingo & Entebbe and ensure budget discipline
- Track project costs and margins against approved budgets, initiating corrective measures when variances arise
- Review and recommend for approval project payment certificates only after verifying progress and budget alignment.
- Compliance and reporting
- Ensure full statutory compliance in line with IFRS and local reporting standards.
- Prepare and submit monthly, quarterly, and annual statutory returns (VAT, corporate tax, payroll taxes).
- Maintain compliance with all debt covenants, submitting accurate lender reports on time.
- Governance, risk and audit
- Implement robust internal controls to safeguard assets and prevent leakages.
- Coordinate internal and external audits, ensuring timely resolution of findings.
- Maintain a risk register for finance operations, escalating significant issues promptly.
Requirements
Core competencies & Qualifications:
- Minimum 8 years progressive finance experience, with at least 4 years in real estate development, construction, or other capital-intensive sectors.
- Demonstrate experience in multi-project finance operations with complex funding structures.
- Strong understanding of IFRS and statutory reporting frameworks.
- Proven track record in cashflow optimization, debt covenant compliance, and cost control.
- Commercial acumen - deep understanding of real estate cash cycles, project financing, and profitability drivers.
- Analytical rigour - advanced excel and financial modeling skills, with ability to turn numbers into actionable insights.
- Demonstrate experience working with a large ERP.
- Execution focus - ability to deliver under high pressure, balancing multiple priorities.
- Stakeholder management - skilled in liaising with banks, investors, contractors, auditors, and regulators.
- Leadership - ability to lead and mentor finance teams, fostering accountability and performance excellence.
- Minimum KCSE B+ and a Bachelor’s Degree (Second Upper) degree in Accounting, Finance, Economics, or related field; CPA, ACCA, or equivalent required.
Work Hours: 8
Experience in Months: 24
Level of Education: bachelor degree
Job application procedure
Interested and qualified? Go to Centum on centumre.seamlesshiring.com to apply
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