Head Of Finance

Head Of Finance | Gilanis  0708 882 552 / 0723 118 888  [email protected] Follow Follow Follow Want to work with us? View Open Positions Home Supermarket Restaurant Cafeteria & Magic Carpet The Penalty Box Conference Facility Real Estate About Us Blog Jobs Contact Us  VIEW OUR DEALS Head Of Finance Oct 14, 2026 Closing on: Nov 2, 2026 The Head Of Finance will be responsible for handling all finance related issues while working directly under the General Manager, and with the entire finance team for the well-being of the organization. Key Responsibilities Strategic & Operational Finance Lead the organization’s financial strategy, planning, and budgeting processes. Forecast cash flow positions, related borrowing needs, and available funds. Monitor working capital management and cash flow forecasts to meet operational needs. Review and optimize capital and operational expenditures. Compliance & Reporting Ensure timely and accurate filing of statutory returns (KRA, KEBS, NSSF, SHIF, etc.). Oversee preparation of financial reports including P&L, Balance Sheet, Cash Flow. Ensure compliance with IFRS and local tax laws and regulations. Interface with external auditors, tax authorities, and regulators. Financial Operations Oversight Oversee Accounts Payable (AP), Accounts Receivable (AR), Payroll, and General Ledger functions. Approve supplier reconciliations and payment processing schedules. Ensure accurate and timely month-end and year-end closures. ERP and Systems Monitor ERP functionality and oversee upgrades or implementations. Recommend and implement system improvements and automation initiatives. Controls & Risk Management Lead internal control framework implementation and effectiveness reviews. Partner with Internal Audit to close audit queries with corrective actions. Review and implement SOPs for financial activities. Leadership & Team Development Mentor and coach finance team members on performance, policy, and process adherence. Conduct quarterly performance reviews and develop training plans. Lead change management in finance-related transformation projects. Board Support Prepare board packs related to financial performance, risks, and forecasts. Present and explain financial insights and key decisions to the board. Compliance & Internal Controls: Ensure all financial and tax records are accurately maintained and compliant with IFRS/GAAP Implement and monitor internal controls related to sales reporting, and inventory valuation. Participate in year-end audits, providing supporting documents specific to retail operations. Work with store managers to ensure proper compliance with finance and tax processes. Financial Reporting: Prepare and analyze monthly, quarterly, and annual financial statements across the retail and wholesale business units. Perform gross margin and cost of sales analysis to support category and inventory management teams. Reconcile POS (Point-of-Sale) system data with general ledger accounts. Track promotional and discount impacts on revenue and margins. Coordinate with Marketing and operations teams for accurate financial forecasting and accruals. Key Performance Indicators (KPIs): KPI Target Forecast Accuracy ±5% variance Budget Adherence <5% annual variance Timeliness of Financial Reports 100% on time Statutory & Tax Compliance (KRA, KEBS, etc.) 100% compliance External Audit Clearance ≤2 audit queries Internal Controls Audit Readiness 100% readiness Departmental Review Completion Monthly reviews completed Cost Optimization Initiatives ≥2 initiatives per year Utility Payments & Contracts 100% timely & reconciled Payroll Accuracy 100% accuracy SOP Review and Updates Conducted semi-annually Staff Performance Reviews Completed quarterly ERP Improvements / Upgrades At least 1 per year Qualifications & Skills: Bachelor’s degree in Accounting, Finance, or a related field. (Mandatory) CPA or ACCA certification Master’s Degree in Finance, Accounting, or Business Administration (MBA) is an added advantage