- Oversee all financial operations of their fast-paced, multi-branch business. Reporting to the Managing Director, the ideal candidate will bring extensive knowledge of financial management within the automotive or related industries, a proven track record in budgeting, cost control, and compliance, and the ability to support strategic growth through sound financial planning.
Principal Accountabilities:
- Financial Strategy & Planning
- Lead annual budgeting and forecasting processes, ensuring alignment with business strategy.
- Develop financial models to evaluate business performance, new investments, and expansion opportunities.
- Conduct monthly, quarterly, and annual financial performance reviews, identifying areas for cost optimization and revenue growth.
- Accounting & Reporting
- Oversee preparation of timely and accurate financial statements in compliance with IFRS and Kenyan tax laws.
- Manage the general ledger, reconciliations, accounts receivable, accounts payable, and payroll.
- Ensure proper documentation and controls for all financial transactions.
- Prepare board packs and management accounts.
- Compliance & Risk Management
- Ensure full compliance with Kenyan tax regulations (VAT, PAYE, Income Tax, Excise Duty).
- Oversee external and internal audits, responding promptly to findings and recommendations.
- Monitor and manage financial risks, including currency fluctuations, credit risk, and fraud prevention.
- Automotive-Specific Financial Management
- Preparation of Import Costings & Submitting for Stock Receiving in the System.
- Create and manage credit accounts, ensuring proper approvals and follow-ups.
- Work closely with sales, operations, and procurement teams to align financial strategies with operational goals.
- Leadership & Stakeholder Engagement
- Lead and mentor the finance team to build capacity and improve performance.
- Engage with external stakeholders such as banks, tax authorities, suppliers, and insurers.
- Support the Managing Director with strategic decision-making based on data-driven insights
Qualifications, Experience, and knowledge:
- Bachelor’s degree in Finance, Accounting, or related field.
- (Master’s degree is an advantage).
- Professional accounting certification (CPA-K, ACCA, or equivalent).
- Minimum 5-7 years’ experience in financial management, in the automotive, retail, or related industry.
- Strong knowledge of bank reconciliations, imports, and LCs.
- Strong knowledge of Kenyan tax laws, IFRS, and compliance requirements.
- Advanced proficiency in ERP systems and MS Excel.
- Strong commercial acumen and understanding of automotive business drivers.
Salary: Discuss During Interview
Education: Diploma, High/Secondary School
Employment Type: Full Time
Contact Information