Workatele

Corporate Finance Manager at Ramco Group, Nairobi, Kenya

Ramco Group

Corporate Finance Manager at Ramco Group, Nairobi, Kenya

Ramco Group

Full time Job

Date Posted: June 4, 2024

Application deadline:

Expired on: June 18, 2024 5:00pm

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Job description

Mr Rambhai came to Kenya in the early 1940s from the Gujarat region of India. He started a small hardware store in downtown Nairobi in 1948 and that was the humble beginnings of what is now the Ramco Group. His 3 sons, Kirit, Mahendra and Chandrakant joined the family business after their studies and based on these strong family ties, the group built a solid…

This is a full-time on-site role for a Corporate Finance Manager located in Nairobi. The role holder is responsible for managing the financial planning, reporting, and control activities of the company. This role involves working closely with senior management to develop financial strategies that align with the company’s goals and objectives. The ideal candidate will have strong analytical skills, extensive experience in financial management, and a deep understanding of corporate finance principles.

Responsibilities:

Financial Planning and Analysis:

  • Develop and maintain financial models to support organizational decision-making.
  • Conduct financial analysis and prepare reports on the company’s financial performance.
  • Identify trends, analyze variances, and provide insights on financial data.

Budgeting and Forecasting:

  • Lead the annual budgeting process, including preparation and consolidation of departmental budgets.
  • Develop accurate financial forecasts and monitor performance against budget.
  • Provide recommendations for corrective actions based on budget deviations.

Financial Reporting:

  • Prepare monthly, quarterly, and annual financial statements in compliance with GAAP or IFRS.
  • Ensure timely and accurate reporting of financial information to internal and external stakeholders.
  • Manage the preparation and coordination of the audit process.

Treasury and Cash Management:

  • Oversee cash flow planning and ensure availability of funds as needed.
  • Manage banking relationships and monitor investment activities.
  • Optimize the company’s capital structure and working capital management.

Risk Management:

  • Identify and manage financial risks, including currency, interest rate, and credit risks.
  • Implement internal controls to safeguard company assets and ensure financial integrity.
  • Ensure compliance with financial regulations and standards.

Strategic Financial Initiatives:

  • Support strategic planning initiatives, including mergers, acquisitions, and divestitures.
  • Conduct financial due diligence and valuation analysis for potential investments.
  • Provide financial insights and recommendations for strategic business decisions.

Qualifications:

  • Bachelor’s degree in Accounting, Finance, or a related field.
  • CPAK Qualification/ ACCA (finalist) is required.
  • Proficiency in SAP B1 is required
  • At least 6 years of experience in an accounting role preferably in the manufacturing industry.
  • Proficiency in accounting software and MS Excel is required.
  • Experience in creating financial controls and standard operating procedures.
  • Strong attention to detail and accuracy
  • Excellent communication and teamwork skills

Application deadline:

Expired on: June 18, 2024

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