Financial Manager at ManPower Services

Job Description

• A key responsibility will be to develop and implement an integrated financial strategy that maximizes operational synergies, improves efficiency and enhances profitability across the two entities, while maintaining appropriate financial accountability for each business.
• The position requires a hands-on financial leader with exceptional management skills, commercial awareness, integrity and the ability to translate financial information into sound business decisions.

Key Responsibilities

Financial Strategy and Leadership

• Develop and implement comprehensive financial strategies aligned with the overall business objectives.
• Provide strategic financial advice to the Founder and Managing Director.
• Identify opportunities for cost optimization, revenue growth, operational synergies and improved profitability.
• Support business expansion, investment decisions and long-term financial sustainability.

Financial Policies, Systems and Internal Controls

• Develop, implement and continuously improve financial policies, procedures and internal control systems.
• Establish robust financial accountability mechanisms to safeguard company resources.
• Develop and maintain comprehensive fixed asset registers and effective asset management and control systems.
• Strengthen financial reporting, expenditure authorization, reconciliation and fraud prevention procedures.

Financial Planning, Budgeting and Cash Flow Management

• Lead annual budgeting, financial forecasting and long-term financial  planning across the business entities.
• Monitor expenditure, manage working capital and ensure adequate cash flow to support operations.
• Analyze budget variances and recommend timely corrective measures.
• Develop financial models to support investment, expansion and business growth decisions.

Financial Reporting and Performance Management

• Ensure timely preparation of accurate monthly, quarterly and annual financial statements and management reports.
• Analyze and interpret financial performance and provide actionable recommendations to management.
• Establish and monitor key financial performance indicators for each business entity.
• Provide consolidated financial performance reports while maintaining clear accountability for individual business units.

Compliance and Risk Management

• Ensure compliance with all applicable Kenyan financial, tax, statutory  and regulatory requirements.
• Oversee timely preparation and submission of statutory returns and fulfilment of financial obligations.
• Coordinate internal and external audits and ensure implementation of audit recommendations.
• Identify, assess and mitigate financial and operational risks.

Team Leadership and Management

• Lead, supervise, mentor and develop finance and accounting  personnel across the business entities.
• Establish clear performance expectations and promote accountability, professionalism and efficiency.
• Build a culture of financial discipline, continuous improvement and ethical conduct.
• Collaborate effectively with departmental heads and operational teams across geographically dispersed locations.

Banking, Financing and Stakeholder Relations

• Manage relationships with banks, financial institutions, auditors and other relevant stakeholders.
• Negotiate financing arrangements, credit facilities and other financial agreements on behalf of the businesses.
• Evaluate financing options and recommend appropriate funding structures.
• Ensure effective management of financial commitments and obligations.

Qualifications and Experience

• Bachelor's degree in Accounting, Finance, Commerce or a closely related field from a recognized institution.
• Professional accounting qualification, preferably CPA(K) or ACCA.
• Demonstrated experience managing the financial operations of a medium-sized company or multiple business entities.
• Proven experience in financial planning, budgeting, reporting, cash flow management and internal controls.
• Sound knowledge of Kenyan tax laws, statutory requirements and financial reporting standards.
• Experience supervising and developing finance teams.
• Proficiency in accounting software, financial management systems and Microsoft Excel.
• Experience in hospitality, publishing, agribusiness or diversified business operations will be an added advantage.

Key Competencies and Personal Attributes

• Strong leadership and people management skills are essential.
• High levels of integrity, professionalism and accountability.
• Excellent analytical, financial planning and problem-solving abilities.
• Strong commercial and strategic business acumen.
• Excellent communication, negotiation and interpersonal skills.
• Ability to manage multiple business operations and competing priorities.
• Proactive, organized and results-oriented, with strong attention to detail.
• Ability to work independently, exercise sound judgement and advise senior management confidently.