Objective 

• Our client in Machakos County is looking for an experienced individual whose main objective of the role is oversee financial operations & produce accurate financial reports to management in timely, and relevant financial data while ensuring financial profitability.
• The Finance Manager will be responsible for efficient management of financial resources, and compliance with relevant regulations and policies, and a proactive approach to budget planning, forecasting, and financial analysis.

Core Duties and Responsibilities

• Lead the development of annual budgets and financial forecasts, aligning with the company’s strategic objectives.
• Conduct regular performance analysis, comparing actual results to budgeted figures and providing insights to senior management.
• Prepare and present accurate and timely financial statements, including income statements, balance sheets, and cash flow statements.
• Ensure compliance with accounting standards and regulatory requirements in financial reporting.
• Monitor and manage cash flow, optimizing liquidity to meet operational needs.
• Implement strategies to efficiently manage working capital, balancing receivables and payables.
• Identify and assess financial risks, developing and implementing risk mitigation strategies.
• Oversee insurance policies to protect the organization against financial risks.
• Collaborate with executive leadership to develop and implement financial strategies aligned with overall business objectives.
• Evaluate investment opportunities, providing recommendations for capital allocation.
• Conduct thorough cost analysis to identify areas for cost savings and efficiency improvements.
• Implement measures to control expenses while maintaining operational effectiveness.
• Develop tax strategies to optimize the organization’s tax position.
• Ensure compliance with local authorities,  statutory bodies, coordinating with tax authorities as necessary as well as with internal controls.
• Oversee the implementation and optimization of financial systems to enhance efficiency and accuracy.
• Identify opportunities for process improvements and automation within the finance function.
• Recruit, train, and lead a high-performing finance team.
• Present financial information to the board of directors, providing insights into financial performance and strategic initiatives.
• Manage communication with investors, analysts, and other stakeholders regarding financial results and strategies.
• Management of accounts receivable (i.e. distribution of statements, following up on outstanding invoices, processing remittances, reconciliations etc.)
• Preparation of information for and execution of monthly invoicing cycle and reconciliations
• Full management of all fixed assets of the company (asset register, depreciation, location etc)
• Ensure smooth operations of all finance related matters
• Preparation of management reports, financial statements and other financial related reports and correspondence
• Resolution of finance related queries
• Collaborate with department heads to optimize cost efficiency, monitoring expenditure and revenue generation.
• Manage creditors and ensure they are paid timeously, taking into account settlement discounts.
• Oversee all Debtors are collected, where required and to assist with problem solving.
• Maintain and nurture strong relationships with banking partners to optimize financial services.
• Ensure smooth and efficient bank reconciliations and transaction management.
• Ensure timely and accurate payments to suppliers while maintaining positive relationships and optimizing cash flow.
• Maintain records and documentation for financial transparency.

Job Specifications and Qualifications

• B-Com Degree in Finance/ Accounting/ Financial Management
• CPA K is an added advantage
• Proven experience as a Finance Manager, ideally hotel  sector with at least 5 years’ experience 
• Strong knowledge of financial principles, regulations, and best practices.

Key Competencies

• Strong analytical and problem-solving skills
• Attention to detail and accuracy.
• Strong organizational and time-management skills.
• Ability to work under pressure and meet tight deadlines.
• Excellent Communication skills
• Strong Interpersonal & Collaboration Skills 
• Hands-on, proactive approach
• Proficiency in financial & accounting software and systems software 
• Leadership skills and experience managing teams.

Dateline:12th March 2025.