Head of Finance at Corporate Staffing

Job Description

Head of Finance at Corporate Staffing

Main duties

Our client, an advertising company, is seeking a Head of Finance to oversee all financial activities, ensure financial health, and drive strategic financial planning. This dynamic, results-oriented leader will work closely with the finance, audit, procurement, and IT teams, supporting business operations and growth initiatives. As part of his/her duties, the Head of Finance will play a key role in strategic decision-making and operations

Responsibilities:

• Develop and oversee financial plans, budgets, and forecasts for the advertising company.
• Analyze financial data to provide insights and recommendations for strategic decision-making.
• Develop and implement financial strategies, policies, and procedures to ensure sound financial management.
• Oversee the preparation and approval of all financial reporting materials and metrics; prepare and communicate monthly and annual financial statements.
• Analyze financial performance and provide strategic recommendations to the CEO and executive team.
• Manage budgeting and forecasting processes, ensuring alignment with company goals and objectives.
• Monitor and manage cash flow, banking relationships, and financial transactions.
• Monitor cash flow and liquidity to ensure the company meets its financial obligations and maintains adequate working capital.
• Implement strategies to optimize cash flow efficiency.
• Collaborate with the CEO and executive team to develop and execute business strategies and long-term plans.
• Identify and evaluate business opportunities, risks, and financial impacts.
• Support business development initiatives, including mergers, acquisitions, and partnerships.
• Ensure accurate and timely financial reporting per regulatory requirements and company policies.
• Prepare weekly, monthly, quarterly, and annual financial statements for management and stakeholders.
• Lead the Internal audit to Identify and mitigate financial risks through effective risk management practices.
• Develop and implement policies and procedures to safeguard the company’s financial assets.
• Ensure compliance with all financial, legal, and tax regulations, including the preparation and submission of tax returns.
• Develop and maintain internal controls to safeguard the company’s financial assets.
• Coordinate and oversee internal and external audits, addressing findings and implementing recommendations. Procurement and Vendor Management
• Develop and implement procurement policies and procedures to ensure cost-effective and efficient purchasing practices.
• Negotiate and manage contracts with suppliers and vendors to secure the best terms and conditions.
• Oversee the procurement team to ensure timely and accurate procurement activities.
• Ensure robust cybersecurity measures are in place to protect company information.
• Mentor and develop team members, promoting professional growth and skill development.

Qualifications:

• MBA in Finance or Strategic Management.
• A Bachelor’s degree in Finance, Accounting, Economics, Business Administration, or a related field from a recognized university.
• Professional qualifications in CPA-K, CIFA, or any other recognized professional accounting qualification.
• Minimum of 10 years’ experience in Finance and Accounting, with at least the last 5 years having held a similar role or been a member of a senior management team.
• Working knowledge of all statutory legislation and regulations.
• Should be a member of a relevant professional body.
• Proficient user of finance software.
• Outstanding interpersonal and communications skills; ability to communicate effectively with technical and non-technical audiences.
• A solid understanding of financial statistics and accounting principles.
• Strategic thinker who possesses solid business acumen and can organize and manage.
• Proven ability to make complex and time-sensitive decisions in the best interests of the organization.
• Excellent leadership and teamwork skills.
• Proactive, hands-on, results-driven orientation required.

Head of Finance at Corporate Staffing

Method of Application

Send your application to vacancies@corporatestaffing.co.ke