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Finance Manager – Automotive Job Bridge Talent Management
Finance Jobs. Bridge Talent Management Jobs
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
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.
- Conduct monthly, quarterly, and annual financial performance reviews, identifying areas for cost optimization and revenue growth.
Accounting & Reporting
- Oversee preparation of timely and accurate financial statements in compliance with IFRS and Kenyan tax laws.
- Manage the general ledger, reconciliations, accounts receivable, accounts payable, and payroll.
- Ensure proper documentation and controls for all financial transactions.
- Present monthly management accounts to the Board and senior leadership.
Compliance & Risk Management
- Ensure full compliance with Kenyan tax regulations (VAT, PAYE, Income Tax, Excise Duty).
- Oversee external and internal audits, responding promptly to findings and recommendations.
- Monitor and manage financial risks, including currency fluctuations, credit risk, and fraud prevention.
Automotive-Specific Financial Management
- Manage stock financing facilities with banks and financial institutions.
- Track vehicle costing, sales margins, and aftersales profitability.
- Monitor spare parts, workshop, and service center revenue streams.
- Work closely with sales, operations, and procurement teams to align financial strategies with operational goals.
Leadership & Stakeholder Engagement
- Lead and mentor the finance team to build capacity and improve performance.
- Engage with external stakeholders such as banks, tax authorities, suppliers, and insurers.
- 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.
Core Competencies
- 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.
How to Apply
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