Job Summary

Our client, a leading large-scale dealer, distributor, and reseller of automotive parts in Kenya, with seven regional stores across the country, is seeking a highly skilled and experienced
Financial Manager
to oversee the financial operations of its fast-paced, multi-branch business.

The ideal candidate will have extensive expertise in financial management within the automotive or related industries, a proven track record in budgeting, cost control, and compliance, and the ability to drive strategic growth through effective financial planning.

This role requires strong leadership skills, an analytical mindset, and a deep understanding of Kenya’s financial regulations, coupled with hands-on experience in managing multi-branch operations and complex inventory financing structures.

Key Responsibilities

1. Financial Strategy & Planning

• 
  Lead annual budgeting and forecasting processes, ensuring alignment with business strategy.
• 
  Develop financial models to evaluate business performance, new investments, and expansion opportunities.
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  Conduct monthly, quarterly, and annual financial performance reviews, identifying areas for cost optimization and revenue growth.

2. Accounting & Reporting

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  Oversee preparation of timely and accurate financial statements in compliance with IFRS and Kenyan tax laws.
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  Manage the general ledger, reconciliations, accounts receivable, accounts payable, and payroll.
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  Ensure proper documentation and controls for all financial transactions.
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  Present monthly management accounts to the Board and senior leadership.

3. Compliance & Risk Management

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  Ensure full compliance with Kenyan tax regulations (VAT, PAYE, Income Tax, Excise Duty).
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  Oversee external and internal audits, responding promptly to findings and recommendations.
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  Monitor and manage financial risks, including currency fluctuations, credit risk, and fraud prevention.

4. Automotive-Specific Financial Management

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  Manage stock financing facilities with banks and financial institutions.
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  Track vehicle costing, sales margins, and aftersales profitability.
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  Monitor spare parts, workshop, and service center revenue streams.
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  ​Work closely with sales, operations, and procurement teams to align financial strategies with operational goals.

5. Leadership & Stakeholder Engagement

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  Lead and mentor the finance team to build capacity and improve performance.
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  Engage with external stakeholders such as banks, tax authorities, suppliers, and insurers.
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  Support the Managing Director with strategic decision-making based on data-driven insights.

Requirements

• 
  Bachelor’s degree in Finance, Accounting, or related field (Master’s degree
  is an advantage).
• 
  Professional accounting certification (CPA-K, ACCA, or equivalent).
• 
  Minimum 5-7 years’ experience in financial management, in the automotive, retail, or related industry.
• 
  Strong knowledge of bank reconciliations, imports, and LCs.
• 
  Strong knowledge of Kenyan tax laws, IFRS, and compliance requirements.
• 
  Advanced proficiency in ERP systems and MS Excel.

• 
  Strong commercial acumen and understanding of automotive business
  drivers.
• 
  Analytical thinker with excellent problem-solving skills.
• 
  Exceptional leadership and team management abilities.
• 
  High integrity, attention to detail, and ability to work under pressure.
• 
  Strong negotiation and stakeholder management skills.