Deloitte Consulting is a leading provider of innovative development solutions to U.S. and international donors, foundations, governments, and Fortune 500 companies. We are seeking a highly experienced Head of Finance to lead our financial operations and provide strategic financial management.
Key Responsibilities
Cash Management
- Manage company bank accounts and cash to minimize costs and maximize returns on idle funds.
- Handle foreign currency accounts, ensuring adequate reserves while minimizing exchange losses.
- Ensure adequate working capital is available without relying on overdrafts.
- Manage treasury functions, investing surplus funds wisely and ensuring best returns.
- Maintain strong, balanced relationships with banking partners.
- Review daily cash positions, focusing on company bankers as the main paying bank.
- Review and follow up on bank reconciliations and ensure prompt resolution of reconciling items.
- Ensure sufficient forex for supplier payments; source best exchange rates.
- Deposit received cash dollars promptly and follow up on yellow vouchers and safari float accountability.
- Manage overseas petty cash denominated in dollars.
Payments & Tax Compliance
- Oversee all tax matters in liaison with tax advisors and KRA, ensuring timely payments.
- Authorize petty cash and supplier payments, ensuring adherence to payment terms and supporting documentation.
- Authorize LPOs and ensure prompt tax remittances (VAT, Withholding Tax, Instalment Tax).
- Liaise with tax consultants on all tax-related matters.
Costing
- Ensure weekly profit statements are prepared timely and accurately.
- Ensure daily cost data is accurate and timely for management use.
- Oversee new product cost setups and regularly review existing product costs for pricing validity.
- Continuously evaluate the production process to ensure accurate costing.
Inventory Management
- Ensure accurate and up-to-date inventory records.
- Supervise monthly stock takes, investigate variances, and implement corrective measures.
- Monitor and review stock for obsolescence regularly.
Management Accounts & Reporting
- Ensure timely preparation of monthly management accounts with variance analysis.
- Review cost margin, overhead analysis, flash reports, and shareholder reports.
- Ensure reporting accuracy and alignment with organizational targets.
- Ensure timely preparation of statutory accounts and smooth execution of annual audits.
- Oversee tax computation and review draft financial statements.
Budgeting & Forecasting
- Oversee budget preparation and ensure its alignment with company goals and assumptions.
Person Specifications
Education
- Bachelor's degree in Finance, Accounting, Economics, or a related field.
- Master’s degree in Finance, Business Administration (MBA), or Strategic Management is an added advantage.
- Membership in a recognized professional body (e.g., ICPAK) is preferred.
Professional Qualifications
- CPA (K), ACCA, CFA or equivalent professional qualification required.
Experience
- Minimum of 10 years of progressive finance experience, with at least 5 years in a senior leadership role.
- Proven experience managing end-to-end finance operations including budgeting, reporting, treasury, costing, tax, and audit.
- Hands-on experience in manufacturing, agribusiness, FMCG, or related industries is strongly preferred.
- Demonstrated success in improving financial systems, processes, and controls.
- Experience working with ERP systems (e.g., SAP, Oracle, Sage, Microsoft Dynamics).
Competencies Required
- Strong command of financial planning, analysis, and reporting.
- Expertise in tax compliance, treasury management, and regulatory frameworks (e.g., KRA).
- Proficiency in financial modelling, budgeting tools, and MS Excel (advanced).
- Deep understanding of costing methods, inventory accounting, and cost control.
- Strategic thinking with the ability to align financial management with business objectives.
- High level of integrity, ethics, and confidentiality in handling financial information.
- Strong leadership and people management skills with the ability to build high-performing teams.
- Excellent communication and presentation skills, especially for reporting to boards and senior management.
How to Apply
Interested and qualified? Go to Deloitte Consulting on apply.workable.com to apply.
