Head of Finance job at TrustGro
Website :
1121 Days Ago
Linkedid Twitter Share on facebook

Vacancy title:
Head of Finance

[ Type: FULL TIME , Industry: Nonprofit, and NGO , Category: Accounting & Finance ]

Jobs at:

TrustGro

Deadline of this Job:
31 October 2021  

Duty Station:
Within Kenya , Nairobi , East Africa

Summary
Date Posted: Friday, October 29, 2021 , Base Salary: Not Disclosed


JOB DETAILS:
JOB TITLE: Head of Finance
REPORTS TO: Chief Executive Officer (CEO)
LOCATION: Head Office
DIRECT REPORTEES : Finance Manager, Reporting Accountant, Accountant, Assistant Accountant
INDIRECT REPORTEE: NONE

Responsibilities
Financial Planning and Management
• Together with other senior management team, play a key role in the formulation of the business's strategy and supporting tactical initiatives.
• Monitoring and directing the implementation of strategic business plans and monitor all financial performance Key Performance Indicators.
• Developing and implementing financial and tax optimization strategies.
• Managing the capital requests and budgeting processes.
• Developing and implementing profitable, diversified and sustainable investment strategies.
• Managing the financial reporting for the organization. This includes real time and periodic (monthly, quarterly, annual) financial reporting, budgeting and forecasting, 5-year financial plans and all statutory financial reporting.
• Providing sound financial support and strategic insights to enable the TrustGro to make critical business decisions.
• Developing financial strategies by forecasting capital, facilities, and human capital. requirements; identifying monetary resources and developing action plans.
• Managing and overseeing the cash flow of the company and ensuring it has the appropriate treasury controls.
• Managing hedging and foreign currencies.
• Managing and overseeing the company's banking and borrowing arrangements.
• Managing relationships with Investors and other stakeholders.
• Managing and overseeing the company’s financial systems and controls.
• Overseeing Accounts Payable, Accounts Receivable, Tax, Treasury, Payroll, Financial and Management Accounting functions.
• Advising on market changes and providing strategic financial recommendations to TrustGro executive leadership.

Risk Management
• Designing and overseeing the implementation of Enterprise Risk Management strategies.
• Overseeing commercial decision making from tender analysis, margin analysis, pricing analysis etc.
• Advising and implementing best practice methods to increase revenue and reduce costs.
• Monitoring all open legal issues involving the company, and legal issues affecting the industry.
• Designing and monitoring effective organization wide business control systems.
• Ensure that the company complies with all legal and regulatory requirements.
• Report risk issues to the audit committee of the board of directors.
• Maintain relations with external auditors and investigate their findings and recommendations.
Funding
• Raising short term and long-term debt and ensuring that the business has adequate liquidity at all times.
• Ensuring compliance with funding covenants.
Stakeholders Engagement
• Representing the company to various strategic stakeholders including but not limited to bankers and investors.
Operations
• Establish finance operational strategies by evaluating trends; establishing critical measurements; determining production, productivity, quality, and customer-service strategies; designing systems; accumulating resources; resolving problems and implementing strategic change.
• Participate in key decisions as a member of the executive management team.
• Maintain a strategic business partnership relationship with all members of the management team.
• Manage the accounting, human resources, investor relations, legal, tax, and treasury departments.
• Oversee the financial operations of subsidiary companies and foreign operations.
• Manage any third parties to which functions have been outsourced.
• Oversee the company's transaction processing and accounting systems.
• Implement operational best practices.
• Supervise acquisition due diligence and negotiate acquisitions.
• Recruit, train, mentor, coach and develop teams.

Requirements
Professional Qualifications
• BSc/BA in Accounting, Finance or relevant field.
• Professional certification in ACCA or CPA (K).
• 7+ proven work experience with 5 years in a senior finance role.
• MSc/MBA will be an added advantage.

Desired Skills
• In-depth understanding of cash flow management, bank reconciliation and bookkeeping.
• Hands-on experience with budgeting and risk management.
• Excellent knowledge of data analysis and forecasting models.
• Proficiency in accounting software.
• Solid analytical and decision-making skills.
• Leadership abilities and business consolidation experience.
• Excellent people skills, with experience collaborating in a multi-disciplinary, diverse, and dynamic team.
• Excellent leadership and influencing skills.

Work Hours: 8


Experience in Months: 84

Level of Education:
Bachelor Degree

 

{module 312}

Job application procedure
Qualified applicants are encouraged to send their application letters and CVs to careers@trustgro.com  on or before the 31st October 2021.

Only shortlisted candidates will be contacted.


All Jobs

QUICK ALERT SUBSCRIPTION

{module 316}

Job Info
Job Category: Accounting/ Finance jobs in Kenya
Job Type: Full-time
Deadline of this Job: 31 October 2021
Duty Station: Nairobi
Posted: 29-10-2021
No of Jobs: 1
Start Publishing: 29-10-2021
Stop Publishing (Put date of 2030): 29-10-2065
Apply Now
Notification Board

Join a Focused Community on job search to uncover both advertised and non-advertised jobs that you may not be aware of. A jobs WhatsApp Group Community can ensure that you know the opportunities happening around you and a jobs Facebook Group Community provides an opportunity to discuss with employers who need to fill urgent position. Click the links to join. You can view previously sent Email Alerts here incase you missed them and Subscribe so that you never miss out.

Caution: Never Pay Money in a Recruitment Process.

Some smart scams can trick you into paying for Psychometric Tests.