Our client, a leading poultry company based in Western Kenya, working with smallholder poultry farmers to aggregate, process and distribute chicken, is seeking a Chief Financial Officer, to be based in Kisumu, Kenya.

Reporting to the CEO, this position is a key leadership role helping to build a profitable and sustainable business.  The role holder will be expected to bring extensive financial expertise and apply critical thinking and strong financial acumen to help in the continued grow of the business. 

Key Responsibilities

Financial Management and Control

• Ensure compliance with financial processes, systems and policies.
• Manage banking relationships.
• Manage company tax affairs including VAT, WHT, employee and corporate taxes.
• Manage procurement and inventory control systems.
• Champion good corporate governance.
• Ensure legal, tax and regulatory compliance.
• Build and manage a high performing finance team.

Tax and Audit Oversight

• Ensure compliance with local tax regulations and manage the timely filing of tax returns.
• Collaborate with external auditors and oversee the audit process, ensuring accuracy and adherence to standards.

Budgeting

• Company budgeting and cashflow forecasting (monthly, quarterly, annual).
• Oversee budgeting processes and ensure alignment with strategic objectives.
• Prepare and analyse financial reports for presentation to management.
• Lead the annual budgeting process, collaborating with senior management to establish financial targets and objectives.
• Monitor budget performance, providing insights and recommendations for variances.
• Implement cost control measures to ensure effective resource utilisation.

Financial Reporting

Reporting on a daily weekly and monthly basis as follows:

Daily

• Handling to Treasury function, including the status of the company accounts.
• Listing any post-dated cheques issued and expected to mature on the day.
• Reporting on purchase requisitions, i.e., what has been approved, what is still pending and the way forward.
• Performing bank reconciliations – comparison of books of accounts with the bank account statements.
• Reviewing the status of stocks at the agrovets.
• Generating sales reports, booking of chicks, feeds or equipment.
• Reporting on the status of outstanding debts.
• Any activity such as new farmers onboarded, and new partners interested in working with the company. 
• Conducting incident checks and reports such as activities that take place in the company compound.

Weekly

• Performing all proforma bank reconciliations to be presented every Saturday and sent to the CEO.
• Reporting on all accounts payables and accounts receivables reconciliations to be presented every Saturday for approval.
• Debtor and creditor aging reports presented every Saturday for approval.
• Explain budgets for the week and last previous week variances.
• Keeping tabs of the inventory level of the company.
• Stock audit report for the slaughterhouse, eggs, butchery, agrovets and farms.
• Production plan and schedule.
• Preparing expense reports for the week and last previous week.
• Reporting on the status of the accounting system and test it for accuracy.
• Reporting on the status of documentations and impromptu checks done.
•  Writing a sales report analysis for products and outlets and advise on decisions to be made.
• Compliance Status with KRA, NSSF, NHIF.
• Weekly performance targets sales.

Monthly

• Income statement submitted at the start of every new month.
• Reporting on the inventory level of the organisation.
• Prepare a balance sheet at the start of every new month.
• Cash flow statement at the start of every new month.
• Financial analysis such as activity ratios, liquidity, profitability, and solvency ratios with recommendations on how to improve the ratios.
• Loan and interest amortisation schedules at the end of each month.
• Statement on the actual performance of the organisation against the projected performance and recommendations on the way forward.
• Preparing the proposed monthly budget for the organisation.
• Preparing a budget to actual report with explanations on the variances.
• Payroll processing report for CEO’s approval.

Key Attributes

The ideal candidate for this position will possess the following qualifications and skills:

• Minimum of 8 years’ progressive financial experience, preferably in busy environments.
• CPA-K qualifications and registration with the Institute of Certified Public Accountants of Kenya is mandatory.
• Excellent leadership, team management and organisational skills.
• Advanced knowledge of financial reporting, budgeting, and taxation.
• Ability to analyse complex financial data and provide strategic insights.
• Effective communication skills for collaboration with cross-functional teams.

How to apply

Please send your CV to Agri Frontier Talent Solutions at recruitment@agrifrontier.com. We will be reviewing applications on an on-going basis.

For further information or a confidential discussion, please contact Sylvia Mugo on smugo@agrifrontier.com

*Note

Applications will be accepted and reviewed on a rolling basis until the position is filled.  Applicants are encouraged to apply as soon as possible.