Finance Manager - Accounting at CFAO Kenya

Main Responsibilities of the Job

• Develop the finance strategy for approval, to ensure the operations of the department support the implementation of the overall CFAO Mobility business strategy.
• Allocate work to the department staff and monitor performance to ensure high performance by individual staff and consequently, by the department.
• Develop & update Finance delegation of authority document to ensure full compliance with the CFAO Mobility guidelines on financial management.
• Discuss audit action plans for the implementation of audit recommendation with respective teams to ensure the implementation meets the set timelines and quality standards.
• Conduct monthly follow-ups on PACI based on the Plan Do Check Action (PDCA) recommended for implementation.
• Team Leadership to maximize efficiency, profitability, and long-term growth of the company.
• Implement hedging strategies, such as forward contracts or options, to lock in exchange rates for future transactions and protect against unfavorable fluctuations.
• Stakeholder Management, advice on policy such as regarding foreign exchange transactions.
• Ensure timely and accurate reporting in HFM by the treasury team, meeting set targets and providing essential financial insights for decision-making.
• Payables management, Credit Control and debt management

Minimum level of experience and competencies required to perform effectively in the role

• Relevant Degree
• 8 years relevant working experience
• Advanced Knowledge of accounting standards/IFRS
• SAP/Synertrade Knowledge will be an added advantage