Finance & Administration Manager at Fast Choice

Posted 1 month ago - By Kenya Vacancies - Over 15 Potential Applicants

  • Fast Choice Limited, was established in the year 2000 with an objective of being among the major office furniture solutions provider in the East African Region. Over the years, we have continuously provided our happy customers with furniture that meets their expectations while remaining very competitive in the market. We have since expanded our operations by starting local production of customized office furniture and institutional furniture to cater for learning institutions which has been running since 2010.

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    Finance & Administration Manager
    • Job TypeFull Time
    • QualificationBA/BSc/HND , MBA/MSc/MA
    • Experience10 years
    • LocationNairobi
    • Job FieldFinance / Accounting / Audit&nbsp

    The Finance & Administration Manager is critical for driving financial growth, ensuring compliance, and implementing efficient processes to meet strategic objectives. The ideal candidate will have strong expertise in financial management within manufacturing and trading environments, with proficiency in ERP systems and internal auditing.

    Key ResponsibilitiesFinancial Strategy and Business Advisory

    • Collaborate with management on strategic planning and execution for financial growth.
    • Provide actionable insights and advisory to support decisions and planning.
    • Continuously identify opportunities for process improvement.

    Team Leadership and Supervision

    • Lead receivables, payables, and administration teams.
    • Mentor and guide team members for growth and productivity.
    • Support recruitment and HR processes.

    Accounts Receivable and Debt Management

    • Oversee debt collection, invoicing, and credit management.
    • Maintain customer account reconciliation and banking operations.
    • Conduct due diligence to mitigate risks.

    Accounts Payable Management

    • Manage supplier accounts, invoicing, and reconciliations.
    • Oversee petty cash, procurement processes, and vendor negotiations.

    Tax and Statutory Compliance

    • Manage VAT, payroll deductions, and other tax obligations.
    • Ensure compliance with tax laws and support payroll processes.

    Stock Management

    • Oversee inventory, reconciliations, and tracking of raw materials and finished goods.
    • Optimize sourcing and streamline imports.
    • Implement controls for stock management.

    Financial Reporting and Analysis

    • Deliver financial reports and analysis to guide strategic decisions.
    • Monitor profitability, liquidity, and solvency.

    Budgeting and Financial Planning

    • Prepare financial statements, budgets, and forecasts.
    • Develop risk management strategies and ensure compliance.

    Cost Management and Controls

    • Ensure profitability through accurate costing and pricing.
    • Optimize cost-efficiency across all operations.

    ERP Implementation and Audit Management

    • Lead ERP implementation and ensure system accuracy.
    • Conduct internal audits and prepare for external reviews.

    Insurance and Risk Management

    • Oversee insurance policies, renewals, and claims.
    • Mitigate risks and ensure regulatory compliance.

    Cash Flow and Liquidity Management

    • Manage working capital and ensure optimal cash flow.
    • Monitor budget performance and recommend corrective actions.

    Stakeholder and Banking Relations

    • Maintain strong relationships with banking and external stakeholders.
    • Oversee cash management, loans, and forex transactions.

    Performance and Capacity Development

    • Set KPIs and manage appraisals for the team.
    • Conduct training to enhance leadership and financial skills.

    Administrative and Asset Management

    • Oversee procurement, contracts, facilities, and fleet management.
    • Ensure adherence to ethical and professional standards.

    Qualifications and Experience

    • CPA(K) certification and ICPAK registration.
    • Bachelor’s degree in Accounting/Finance; MBA preferred.
    • Minimum of 10 years of experience in a similar role, with exposure to manufacturing and trading.
    • Expertise in SAGE Pastel and ERP systems.
    • Deep understanding of financial management principles, risk assessment, and taxation.
    • Proven leadership, analytical, and problem-solving skills.
    • Ability to thrive in dynamic, fast-paced environments.

    Method of Application Interested and qualified? Go to Fast Choice on www.linkedin.com to apply

  • Apply Before: 14 December 2024
    Apply Now