Head of Finance job at Corporate Staffing
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28 Days Ago
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Vacancy title:
Head of Finance

[ Type: FULL TIME , Industry: Consulting , Category: Accounting & Finance ]

Jobs at:

Corporate Staffing

Deadline of this Job:
Friday, June 07 2024 

Duty Station:
Within Kenya , Nairobi, East Africa

Summary
Date Posted: Saturday, May 25 2024, Base Salary: Not Disclosed

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JOB DETAILS:
Corporate Staffing Services is a leading recruitment agency in Kenya providing complete recruitment services. In the last ten years we have been partners to local and foreign businesses looking to hire Kenyan professionals. We have recruited for diverse clients in different sectors and industries.

Main duties
Our client, an advertising company, is seeking a Head of Finance to oversee all financial activities, ensure financial health, and drive strategic financial planning. This dynamic, results-oriented leader will work closely with the finance, audit, procurement, and IT teams, supporting business operations and growth initiatives. As part of his/her duties, the Head of Finance will play a key role in strategic decision-making and operations

Responsibilities:
• Develop and oversee financial plans, budgets, and forecasts for the advertising company.
• Analyze financial data to provide insights and recommendations for strategic decision-making.
• Develop and implement financial strategies, policies, and procedures to ensure sound financial management.
• Oversee the preparation and approval of all financial reporting materials and metrics; prepare and communicate monthly and annual financial statements.
• Analyze financial performance and provide strategic recommendations to the CEO and executive team.
• Manage budgeting and forecasting processes, ensuring alignment with company goals and objectives.
• Monitor and manage cash flow, banking relationships, and financial transactions.
• Monitor cash flow and liquidity to ensure the company meets its financial obligations and maintains adequate working capital.
• Implement strategies to optimize cash flow efficiency.
• Collaborate with the CEO and executive team to develop and execute business strategies and long-term plans.
• Identify and evaluate business opportunities, risks, and financial impacts.
• Support business development initiatives, including mergers, acquisitions, and partnerships.
• Ensure accurate and timely financial reporting per regulatory requirements and company policies.
• Prepare weekly, monthly, quarterly, and annual financial statements for management and stakeholders.
• Lead the Internal audit to Identify and mitigate financial risks through effective risk management practices.
• Develop and implement policies and procedures to safeguard the company’s financial assets.
• Ensure compliance with all financial, legal, and tax regulations, including the preparation and submission of tax returns.
• Develop and maintain internal controls to safeguard the company’s financial assets.
• Coordinate and oversee internal and external audits, addressing findings and implementing recommendations. Procurement and Vendor Management
• Develop and implement procurement policies and procedures to ensure cost-effective and efficient purchasing practices.
• Negotiate and manage contracts with suppliers and vendors to secure the best terms and conditions.
• Oversee the procurement team to ensure timely and accurate procurement activities.
• Ensure robust cybersecurity measures are in place to protect company information.
• Mentor and develop team members, promoting professional growth and skill development.

Qualifications:
• MBA in Finance or Strategic Management.
• A Bachelor’s degree in Finance, Accounting, Economics, Business Administration, or a related field from a recognized university.
• Professional qualifications in CPA-K, CIFA, or any other recognized professional accounting qualification.
• Minimum of 10 years’ experience in Finance and Accounting, with at least the last 5 years having held a similar role or been a member of a senior management team.
• Working knowledge of all statutory legislation and regulations.
• Should be a member of a relevant professional body.
• Proficient user of finance software.
• Outstanding interpersonal and communications skills; ability to communicate effectively with technical and non-technical audiences.
• A solid understanding of financial statistics and accounting principles.
• Strategic thinker who possesses solid business acumen and can organize and manage.
• Proven ability to make complex and time-sensitive decisions in the best interests of the organization.
• Excellent leadership and teamwork skills.
• Proactive, hands-on, results-driven orientation required.

Work Hours: 8


Experience in Months: 60

Level of Education:
Postgraduate Degree

Job application procedure

Method of Application
Send your application to vacancies@corporatestaffing.co.ke 



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QUICK ALERT SUBSCRIPTION

Job Info
Job Category: Accounting/ Finance jobs in Kenya
Job Type: Full-time
Deadline of this Job: Friday, June 07 2024
Duty Station: Nairobi
Posted: 25-05-2024
No of Jobs: 1
Start Publishing: 25-05-2024
Stop Publishing (Put date of 2030): 25-05-2067
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