Head of Finance at Jumba

Must have skills

• Team leadership
• Problem solving
• Critical thinker
• Excellent communication and interpersonal skills
• Analytical skills

Qualifications

• Minimum of 5 years of experience as a Head of Finance; experience at a startup will be an added advantage.
• In-depth knowledge of corporate finance and accounting principles, laws, and best practices.
• Proficient in the use of MS Office and financial management systems such as SAP. 
• Critical thinker with an analytical and problem-solving mind.
• Possess excellent organizational and leadership skills.
• Demonstrated ability to influence cross-functional partners.
• Excellent communication and interpersonal skills.
• Bachelor's degree in Commerce, Accounting or Finance.
• CPA(K)
• Masters in Finance, MBA or CFA will be an added advantage.

Job Purpose:

• We are looking for an experienced and enthusiastic Head of Finance to oversee all financial aspects of the business and drive our financial and planning strategy. As Head of Finance, your responsibilities will include creating forecasting models, assessing risk in the projects we undertake, and ensuring all accounting and financial activities comply with regulations. To be successful in this role, you should have experience crafting financial strategies and managing accounting teams.
• Fun Fact: People at Jumba have in the past year reinvented an entire industry, imagine what you could do here! 

Key Job Functions :

Leadership: 

• Coach, lead, and mentor a high-performing finance team; provide strategic direction, guidance, and support to team members to ensure the successful execution of partnership initiatives.
• Ensure strategic business planning and prepare long-term financial projections, provide guiding principles to the business planning process in the company to ensure consistent assumptions are built into the business plan.
• Lead financial and commercial analysis in the business. Work closely with the heads of departments to check & assess the value drivers and develop business analytics to facilitate decision-making. Carry out financial evaluation of investments to ascertain the return on investment and help in supporting businesses with various trade-off decisions.

Stakeholder Management: 

• Engage with senior management across various functions and work closely with leaders within the business to drive business growth and profitability. Establish effective relationships and actively engage with external key stakeholders such as banks, the KRA and other relevant bodies.

Reporting:

• Prepare and present periodic financial and management reports that are complete, accurate and timely inclusive of balance sheet controls and financial information interpretation and controls to the management team for business decision-making. Oversee month-end and year-end closing, coordinate and assign duties to the accounting staff as needed to ensure reporting timelines are achieved.
• Prepare periodic investor reports on business performance

Budgeting & Forecasting: 

• Lead and manage the budgeting processes inclusive of periodic forecasting for the business.
• Develop financial models that will support fundraising activities

Cash flow management:

• Manage company cash flow daily and generate relevant cash flow projections and forecasting. Direct all aspects of accounting and inventory control; carry out a critical analysis of the business results and functional costs and review performance against the annual operating plan. 
• Maintain internal control and safeguard for receipt of revenue while driving consistency in procedures and policies across the accounting department. Ensure that these policies are appropriately implemented for the achievement of the business's overall goals and objectives. 

Risk and Compliance:

• Conduct risk assessment and review finance policies and internal control procedures. Lead the implementation of financial controls and procedures for error prevention, detection, and resolution.
• Perform other job-related duties as assigned by the direct line manager.