EAPPC Chief Finance Officer- Readvertisement

Department:

People & Change Kenya

Job type:

Permanent

Closing date:

08-Aug-14

Location:

Nairobi

Reference Number:

130-PEO00170

The Company

Our client, East African Portland Cement Company “EAPCC”, has been one of Kenya's leading cement manufacturers since 1933, helping build Kenya in areas such as housing, education, health, tourism, transport and communication. Guided by its core values of teamwork, integrity, customer focus, innovation and commitment, the company has made significant strides towards achieving its mission of becoming a regional leader in the provision of cement, innovative cement products and solutions.
To support its objectives of growth, expansion and sustained profitability, EAPCC is looking for a performance driven, results oriented and innovative leader to fill the positions of Chief Finance Officer (CFO) reporting to the Chief Executive Officer.

Roles & Responsibilities

1. Develop, implement and update an appropriate financial policy framework aligned to EAPCC’s strategic objectives is in place to guide financial decision making and development

2. Oversee all financial and fiduciary responsibilities for the organisation, in conjunction with the board of directors and the finance, audit, and other committees of the board

3. Inform key strategic decisions by providing variance analyses , identifying added-value reporting opportunities from trend analyses and interpreting these findings with other function heads to assist forecasting and budgeting requirements

4. Oversee long-term budgetary planning, cost and credit management in alignment with EAPCC’s strategic plan

5. Design and implement supply chains that support business strategies adapted to changing market conditions, new business opportunities, and cost reduction initiatives

6. As a member of the procurement committee, participate in the development of prequalification requirements for third party service providers as well as the periodic prequalification process of selecting EAPCC service providers

7. Define performance metrics for measurement, comparison, or evaluation of supply chain factors, such as lead times, and distribution costs

8. Partner with the Chief Information Officer to procure and/ or implement specialised Enterprise Resource Management systems aimed at generating value to the business through improved governance and more effective internal control processes

9. Work with other functional heads to maintain internal control safeguards to ensure compliance with statutory requirements and standards, reliability and integrity of financial informations and efficient and effective operations

10. Provide full financial and accounting services to all of EAPCC’s functional heads including departmental financial analysis and professional advice to assist the heads in making appropriate budgetary and forecasting decisions

11. Ensure optimisation of EAPCC’s treasury options through maintaining strong relationships and develop new relationships with banks and other financial institutions with the aim of securing the funds necessary for the operations of the firm as well as competitive rates for all financial transactions made with these institutions

12. Oversee all accounts, ledgers, and reporting systems and ensuring compliance with appropriate financial standards, regulatory budgetary and audit requirements

13. Manage cash flow and forecasting through development of reliable cash flow projection processes and reporting as well as initiating appropriate strategies to enhance cash positions

14. Monitor the financial performance of EAPCC by measuring and analysing results and advising leadership on corrective actions to be initiated as relates to minimising the impact of variances

15. Oversee the accurate, complete and timely preparation of statutory annual reports including monthly management accounts and balance sheet controls

16. Manage the annual audit process in conjunction with the internal audit team and appointed auditors to ensure statutory accounts are produced within the required deadlines

17. Work with the human resource department to ensure that human capital management requirements including resourcing, training and performance management are adequately provided for within the unit

Requirements

. An undergraduate Degree in Commerce or any other business related field
. Fully qualified professional accountant (CPAK or ACCA Finalist)
. A minimum of 15 years experience in finance and accounting seven of which should be at senior management level in a comparable organisation
. Detailed knowledge and understanding of current financial issues including financial standards and regulatory requirements
. Demonstrable knowledge and experience working with Enterprise Resource Planning systems
. Demonstrable knowledge leading or participating in change management initiatives
. Excellent communication skills with the ability to influence at all levels
. Clearance from the Criminal Investigations Department, the Kenya Revenue Authority and the Ethics and Anti-Corruption Commission.

Additional Information

. A Masters degree in business administration (added advantage)
. Experience in the cement manufacturing industry would be an added advantage 

 

[Apply online]