Finance Manager at Stratostaff

Role Purpose

The Finance Manager is responsible for overseeing and managing all financial operations for the C4 Transport and Equipment business units in Kenya. The role ensures accurate financial accounting, statutory and regulatory compliance, effective budgeting and forecasting, robust financial controls, and timely management reporting. The Finance Manager provides financial insight and strategic support to management to drive sustainable growth and operational efficiency.

Duties and Responsibilities

Financial Accounting & Reporting

• Maintain accurate and complete accounting records in line with IFRS and Kenyan statutory requirements
• Prepare and review monthly, quarterly, and annual financial statements
• Ensure timely month-end and year-end closing processes

Performance Measures:

• Monthly financial statements prepared by the 5th working day with 100% accuracy

Budgeting & Forecasting

• Lead the annual budgeting process across both business units
• Prepare monthly forecasts and conduct variance analysis against budgets
• Provide financial insights and recommendations to management

Performance Measures:

• Monthly variance analysis reports completed, with explanations for deviations exceeding ±5%

Tax & Regulatory Compliance

• Ensure timely and accurate filing of all statutory returns, including VAT, withholding tax, PAYE, and corporate tax
• Liaise with the Kenya Revenue Authority (KRA) and other regulatory bodies
• Monitor changes in tax legislation and ensure ongoing compliance

Performance Measures:

• Zero penalties or interest arising from late or incorrect statutory submissions

Cash Flow & Treasury Management

• Monitor daily cash positions and manage cash flow requirements
• Maintain relationships with banks and financial institutions
• Ensure sufficient liquidity to support operational and capital needs

Performance Measures:

• Weekly cash flow forecasts prepared with at least 98% accuracy

Audit & Internal Controls

• Coordinate internal and external audits
• Develop, implement, and monitor internal financial controls and procedures
• Address audit findings and implement corrective actions

Performance Measures:

• Clean audit reports with no significant control weaknesses

Team Leadership & Development

• Lead, mentor, and develop finance team members
• Set performance objectives and conduct regular reviews
• Identify training and development needs within the finance team

Performance Measures:

• Quarterly performance reviews and development plans completed for all team members

Requirements

Qualifications, Experience & Competencies

Education & Professional Qualifications

• Bachelor’s degree in Finance, Accounting, or a related field
• CPA(K) or ACCA certification required
• Master’s degree in Finance or MBA is an advantage

Experience

• Minimum of 5 years’ experience in finance or accounting roles
• At least 2 years in a managerial or supervisory position in Kenya
• Experience in transport, logistics, or equipment rental industries is an advantage

Knowledge & Skills

• Strong knowledge of IFRS, Kenyan tax laws, and statutory compliance
• Proficiency in accounting software, ERP systems, and advanced Excel
• Experience with SAP or Oracle Financials is desirable

Core Competencies

• High level of integrity and attention to detail
• Strong analytical, leadership, and decision-making skills
• Excellent communication and stakeholder management ability
• Ability to work under pressure and meet tight deadlines

Language

• Fluent in English and Swahili
• Additional local languages are an advantage