Finance Manager at Opticom Kenya Limited

Main Duties & Responsibilities

• Develop and implement financial strategies, policies, and procedures to support the Company’s goals and objectives.
• Prepare and analyze financial reports, including budget vs. actual analysis, financial statements, cash flow projections, and variance analysis, providing insights and recommendations to senior management.
• Oversee the budgeting process, working closely with department heads to develop accurate and realistic budgets, and monitor budget performance throughout the year.
• Coordinate and lead the financial planning and forecasting processes, collaborating with cross-functional teams to ensure alignment and accuracy.
• Manage and optimize cash flow, including monitoring receivables, payables, and working capital, and implementing strategies to improve cash flow management.
• Conduct financial analysis to evaluate the financial performance of the organization, identify trends, risks, and opportunities, and provide recommendations for improvement.
• Ensure compliance with financial regulations and reporting requirements, including tax laws, GAAP/IFRS, and other relevant standards.
• Oversee and manage financial audits, liaise with external auditors, provide the necessary documentation, and address audit findings.
• Develop and maintain strong relationships with financial institutions, lenders, and other stakeholders to secure financing, manage debt, and optimize banking relationships.
• Provide financial leadership and guidance to the finance team, including mentoring, training, and performance management of staff.
• Collaborate with internal stakeholders, such as senior management, department heads, and cross-functional teams, to provide financial insights and support strategic decision-making.
• Identify and implement process improvements to enhance financial efficiency, accuracy, and effectiveness.
• Stay updated on industry trends, best practices, and regulatory changes related to finance and accounting.

Qualifications, Skills & Experience

• Masters in Finance, Accounting, Business Administration, or a related field.
• CPA (K) or CFA.
• 10 years of proven experience working as a Financial Manager or Finance Manager in a similar senior finance role in a reputable company.
• In-depth knowledge of financial principles, practices, and regulations, including financial reporting standards (GAAP/IFRS) and tax laws.
• Strong analytical skills and ability to interpret complex financial data, conduct financial analysis, and provide strategic insights.
• Experience in budgeting, forecasting, and financial modeling.
• Proficiency in using financial software, ERP systems, and advanced spreadsheet applications.
• Excellent leadership and people management skills, with the ability to motivate and develop a high-performing finance team.
• Strong business acumen and strategic thinking abilities.
• Exceptional communication and interpersonal skills to effectively interact with stakeholders at all levels of the organization.
• Ability to work under pressure, meet deadlines, and manage multiple priorities.
• High ethical standards and commitment to maintaining confidentiality and integrity in handling financial information.