Founded in 1987 by the Chedda family, Kenafric Industries Limited is one of the largest manufacturers of Confectionery, Food, Footwear, and Stationery products in Kenya. Kenafric employs over 1500 people directly and touches the lives of more than 7500 people indirectly. The vision of the founders and relentless hard work over 25 years has given Kenafric ...
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Financial Analyst
- Job TypeFull Time
- QualificationBA/BSc/HND , MBA/MSc/MA
- Experience5 years
- LocationNairobi
- Job FieldFinance / Accounting / Audit 
Job Summary/Objective:
The Financial Analyst at Kenafric Industries Limited will be involved in managing the General Ledger, preparing financial and business performance reports, conducting budgeting and dynamic forecasting, and ensuring the accuracy of cost allocations for materials and products in SAP. The role also involves adjusting bills of materials, ensuring accurate costing of finished and semi- finished goods, and analyzing product-specific margins by country. Monthly reconciliations align gross margins and contributions with EBITDA in management accounts.
Responsibilities and Duties:
- Implement departmental process improvement and policy development initiatives that impact the overall business objective.
- General Ledger management and maintenance of relevant schedules
- Monitor Consumptions of Materials and Variances thereof for adjustments to reflect actual usage
- Monitor and verify raw material costing to ensure correct material prices and product costs are maintained and updated in the system for correct and timely management reports.
- Period End Closure
- Timely and accurate Company profitability reports (Contribution Margin / GP Margin / EBITDA margin)
- Timely and accurate product Costing, simulations and analysis for the division to enable correct decision making by management
- Analyze financial data (forecasts, budgets, historical figures) from multiple viewpoints to generate insights considering the company's strategic objectives.
- Value Chain analysis
- Develop financial models to assess feasibility and post implementation analysis of new projects Conduct business studies and develop forecast models.
- Cost saving project Custodian; identify and track Risks and opportunities
Qualifications and Requirements:
- Bachelors in accounting and finance / Masters in Accounting
- СРА(К)/АССА
- At least 5 years of relevant experience
Financial management
- Analytical and decision-making skills
- Business Modeling and Valuation
- Reporting and Presentation skills
- Commercial acumen
- Teamwork and Excellent communication skills
- IT skills
- Leadership and continuous improvement
Method of Application Interested and qualified? Go to Kenafric Industries on airtable.com to apply
