Finance Manager

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Job Purpose

This role will primarily be responsible for overseeing end-to-end finance operations, financial planning and analysis, balance sheet reconciliations, Company ad-hoc projects and requests and the development and implementation of financial policies and procedures in line with international standards and best practices.

The Job Holder will be expected to execute and deliver excellence in planning and implementing strategies to achieve agreed financial management targets, undertake accurate data analysis and advise Management to make sound business financial decisions on profit- maximization to ensure the achievement of Company’s corporate objectives and long-term success within acceptable business standards.

Key Responsibilities / Duties / Tasks

I.          Managerial / Supervisory Responsibilities

• Influence  outcomes  through  development  and  implementation  of  clear  strategic  goals, departmental policies and procedures and provision of guidance to direct reports and monitoring their performance (KPIs) to ensure each of their functional roles are effectively coordinated.
• Allocate the financial resources of the Company, undertake corporate budget planning and support the Management team by offering insights and financial advice that will allow them to make the best business decisions for the Company.
• Provide financial reports and interpret financial information to managerial staff while recommending further courses of action to minimize financial risks.
• Advise on investment activities and provide strategies that the Company should take to maintain the financial health of the organization.
• Analyse  costs,  pricing,  variable  contributions,  sales  results  and  the  Company’s  actual performance compared to the business plans.
• Develop trends and projections for the Company’s finances, conduct reviews and evaluate cost-reduction opportunities.
• Oversee a large and diverse team, lead and motivate to ensure effective employee engagement and consistent performance against set targets.

II. Operational Responsibilities / Tasks

• Manage strategically the Finance function to ensure achievement of financial operations, set goals and objectives, and design a framework for these to be met.
• Implement and manage financial and accounting software (ERP) used by the Company.
• Analyse every day financial activities/transactions and subsequently provide advice and guidance to management on future financial spending/plans.
• Undertake astute financial management and control by ensuring all departments comply with approved budgets and/or expenditure in line with approved business plans, quarterly and yearly forecasts.
• Correspond with various departments, discussing company plans and agreeing on future paths to be taken in relation to approved budgets/plans.
• Ensure reconciliation of Company’s bank statements and bookkeeping ledgers.
• Complete analysis of the employee expenditures.
• Generate the Company’s financial reports using income and expenditure data
• Ensure filing and remittance of taxes and other financial obligations.
• Liaise with auditors to ensure appropriate monitoring of Company finances is maintained for accurate financial reporting.
• Report and advice management and stakeholders on how the Company and future business decisions might be impacted
• Supervise the Finance department staff, training and capacity building and performance reviews and evaluations.

Job Dimensions:

I.          Financial Responsibility:

• Commercially savvy with sound financial acumen and the ability to support the overall strategic growth of the business.
• Trustworthy with a great sense of responsibility aimed at safeguarding Company’s assets.
• Responsible for tracking transactions both internal and external that may affect the
• Company’s financial operations/standing

II.   Responsibility for Physical Assets

• Develop and maintain Company’s Assets Register in Liaison with the HR Department.
• Develop, implement and maintain the ERP system.

III. Decision Making / Job Influence

• Promote and adhere to WEVAS’ core values and ensure compliance with organizational
• financial policies and procedures.
• Extensive understanding of financial trends both within the company and general market patterns.
• Have exceptional time management skills and capability to work well under pressure especially in adverse situations such as low /disruptive cash inflows.

IV. Working Conditions:

• Work predominantly in a factory set up and milling environment.
• Adaptable and foresight to handle unexpected situations (farmer complaints, weather conditions, delayed cane deliveries, etc.)
• Ability and willingness to live/work in a remote location and make frequent field trips as demanded by work exigencies.

Job Competencies (Knowledge, Experience and Attributes / Skills).

I.          Academic Qualifications:

• Hold a tertiary/degree qualification in Finance, Accounting or Economics.
• Postgraduate degrees in financial management would be an added advantage.

II.         Professional Qualifications / Membership to professional bodies

• Professional qualification such as CFA/CPA(K) or similar
• Member of a professional body

III.        Previous relevant work experience required.

• At  least  five  (5)  years’  experience  in  a  similar  managerial  position  with  extensive experience in the financial sector/factory set up with previous possible roles such as financial analyst/management accounting.

Functional Skills:

• Demonstrate the knowledge and abilities needed to operate successfully at a senior management level.
• Strong interpersonal and communication skills and ability to liaise with a range of stakeholders on a daily basis.
• High numeracy and proficient user of finance software (ERP).
• Contract negotiations, financial management skills and ability to influence others.
• Strong attention to detail, an investigative nature and an analytical approach to work.
• Problem-solving skills and initiative.
• A solid understanding of financial statistics and accounting principles

Behavioral Competencies/Attributes:

• An analytical mind
• Commercial and business awareness
• Ability to make sound decisions at all times, including emergency situations.
• Demonstrate day-to-day cultural sensitivity when interacting with employees, customers and external stakeholders alike.
• Ability to work professionally in a fast-paced diverse work environment.
• Flexible and able to operate a six (6) full day working week.
• A keen eye for detail and desire to probe further into data.
• Ability to stick to time constraints.

Note: This Job Profile will be updated regularly in line with strategic business directions undertaken by Management and the revision communicated to the Job Holder.

Download and fill in the above Bio-data form the upload it in the application section.