Oversee all financial operations of their fast-paced, multi-branch business. Reporting to the Managing Director, the ideal candidate will bring extensive knowledge of financial management within the automotive or related industries, a proven track record in budgeting, cost control, and compliance, and the ability to support strategic growth through sound financial planning.
Principal Accountabilities:
Financial Strategy & Planning
Lead annual budgeting and forecasting processes, ensuring alignment with business strategy.
Develop financial models to evaluate business performance, new investments, and expansion opportunities.
Conduct monthly, quarterly, and annual financial performance reviews, identifying areas for cost optimization and revenue growth.
Accounting & Reporting
Oversee preparation of timely and accurate financial statements in compliance with IFRS and Kenyan tax laws.
Manage the general ledger, reconciliations, accounts receivable, accounts payable, and payroll.
Ensure proper documentation and controls for all financial transactions.
Prepare board packs and management accounts.
Compliance & Risk Management
Ensure full compliance with Kenyan tax regulations (VAT, PAYE, Income Tax, Excise Duty).
Oversee external and internal audits, responding promptly to findings and recommendations.
Monitor and manage financial risks, including currency fluctuations, credit risk, and fraud prevention.
Automotive-Specific Financial Management
Preparation of Import Costings & Submitting for Stock Receiving in the System.
Create and manage credit accounts, ensuring proper approvals and follow-ups.
Work closely with sales, operations, and procurement teams to align financial strategies with operational goals.
Leadership & Stakeholder Engagement
Lead and mentor the finance team to build capacity and improve performance.
Engage with external stakeholders such as banks, tax authorities, suppliers, and insurers.
Support the Managing Director with strategic decision-making based on data-driven insights
Qualifications, Experience, and knowledge:
Bachelor's degree in Finance, Accounting, or related field.
(Master's degree is an advantage).
Professional accounting certification (CPA-K, ACCA, or equivalent).
Minimum 5-7 years' experience in financial management, in the automotive, retail, or related industry.
Strong knowledge of bank reconciliations, imports, and LCs.
Strong knowledge of Kenyan tax laws, IFRS, and compliance requirements.
Advanced proficiency in ERP systems and MS Excel.
Strong commercial acumen and understanding of automotive business drivers.