Summary: Our client, Eldoville Dairies is one of the leading
producer of dairy products as well as fruits and vegetables for local and
export market.
Formally established in June 1985,
the farm grows organic vegetables in open field and green houses.
The business is undergoing rapid
expansion and would like to bring on board a Chief
Finance Officer.
Job Purpose: The chief financial officer position is accountable for the
financial, and risk management operations of the company, to include the
development of a financial and operational strategy, metrics tied to that
strategy, and the ongoing development and monitoring of control systems
designed to preserve company assets and report accurate financial
results.
Principal accountabilities are:
Planning
- Assist in formulating the company’s future
direction and supporting tactical initiatives - Monitor and direct the implementation of
strategic business plans - Develop financial and tax strategies
- Manage the capital request and budgeting
processes - Develop performance measures that support the
company’s strategic direction
- Participate in key decisions as a member of
the executive management team - Maintain in-depth relations with all members
of the management team - Oversee the company’s transaction processing
systems - Maintain a documented system of accounting
policies and procedures - Oversee the operations of the accounting
department, including the design of an organizational structure adequate
for achieving the department’s goals and objectives - Implement operational best practices
- Ensure that accounts payable are paid in a
timely manner - Ensure that all reasonable discounts are taken
on accounts payable - Ensure that accounts receivable are collected
promptly - Process payroll in a timely manner
- Ensure that periodic bank reconciliations are
completed - Ensure that required debt payments are made on
a timely basis - Maintain the chart of accounts
- Maintain an orderly accounting filing system
- Maintain a system of controls over accounting
transactions - Issue timely and complete financial statements
- Coordinate the preparation of the corporate
annual report - Recommend benchmarks against which to measure
the performance of company operations - Calculate and issue financial and operating
metrics - Manage the production of the annual budget and
forecasts - Calculate variances from the budget and report
significant issues to management - Provide for a system of management cost
reports - Provide financial analyses as needed, in
particular for capital investments, pricing decisions, and contract
negotiations - Report financial results to the board of
directors
- Understand and mitigate key elements of the
company’s risk profile - Monitor all open legal issues involving the
company, and legal issues affecting the industry - Construct and monitor reliable control systems
- Maintain appropriate insurance coverage
- Ensure that the company complies with all
legal and regulatory requirements - Ensure that record keeping meets the
requirements of auditors and government agencies - Coordinate the provision of information to
external auditors for the annual audit - Monitor debt levels and compliance with debt
covenants - Comply with local and National government
reporting requirements and tax filings - Report risk issues to the audit committee of
the board of directors - Maintain relations with external auditors and
investigate their findings and recommendations
- Monitor cash balances and cash forecasts
- Advise on debt and equity financing
- Invest funds
Qualifications and Experience
- Bachelor’s degree in accounting or business
administration, or equivalent business experience - An MBA in Finance would be an added advantage.
- Qualified accountant
- 10+ years of progressively responsible
experience for a major company or division of a large corporation
- Should have experience in partnering with an
executive team - High level of written and oral communication
skills
Send your application including a
cover letter indicating your desire to work with our client; a detailed CV
highlighting relevant experience, details of current and expected salary, a
daytime phone contact, email address, and the names of three professional
referees by close of business Friday April 8th 2015
Adept Systems
Management Consultants
P O Box 6416, Nairobi, GPO 00100
Email: recruit@adeptsystems.co.ke
Only short listed candidates will be contacted.
Please note that we do not charge
fees for receiving or processing job applications.
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