Mumias Sugar Company Chief Financial Services Officer Kenya Job Opportunities

Job Title: Chief Financial Services Officer

Job Code: CFSO1/MS/150129
 

Number of Positions Open: 1

Reports To: Chief Executive Officer
 

Location: Mumias, Kenya

Closing Date: 12th June, 2015

Summary: Mumias Sugar Company is Kenya’s leading producer of sugar and diversified products which include Ethanol and Bottled Water. 

The Company also generates significant quantities of electricity which is exported to the National Grid.

Our vision is to be a world class integrated producer of Sugar and green energy & related products.  

Our mission is to consistently satisfy our customer needs through efficient, innovative and ethical practices while meeting the diverse expectations of other stakeholders.

 

As part of the Company’s restructuring process, a refreshed organization structure has been developed that will focus on new challenges presented by the changing dynamics of the Sugar sector in our region. 

Strategies are being developed that will quickly position the Company to its former glory as a profitable business that serves the needs of all its stakeholders. 

As a result of this process, the Company is seeking highly motivated, results oriented, self-driven, experienced and qualified individuals who will drive the business of the Company to the next level.

Job Purpose: Reporting to the Chief Executive Officer, the Chief Financial Services Officer will be a strategic thought-partner, a hands-on and participative person who will lead and develop an internal team to support the following areas: finance, business planning budgeting and IT.
 

She/he will ensure internal controls, accounting standards across the core business cycles-treasury, revenue, financial reporting, expenditure, information security & control and production cycle.
 

She/he will play a critical role in partnering with the senior leadership team in strategic decision making and operations as MSC continues to enhance its internal capacity.

Primary Responsibilities:

• Analyze and present financial reports in an accurate and timely manner; clearly communicate periodic, monthly and annual financial statements; collate financial reporting materials/data.
• Coordinate and lead the annual audit process, liaise with external auditors and the finance committee of the board of directors; assess any changes necessary.
• Oversee and lead annual budgeting and planning process in conjunction with other Chief Officers, administer and review all financial plans and budgets; monitor progress and changes and keep senior leadership team abreast of the organization’s financial status.
• Manage organizational cash flow and forecasting.
• Update and implement all necessary business policies and accounting practices; improve the finance department’s overall policy and procedure manual.
• Effectively communicate and present the critical financial matters to the Executive Committee & board of directors.
• Manage company policies regarding capital requirements, debt , taxation, equity  and as appropriate prepare annual accounts
• Ensuring that the regulatory requirements of all statutory bodies are met regarding all the company’s financial affairs
• Provide strategic and quality leadership throughout the ICT department
• Organize ,manage and motivate the available human capital within the ICT department through establishment of  suitable organization structures  and implementing development programmes  to optimize competence and productivity
• Ensure appropriate controls and monitoring mechanism to ensure optimal efficiency, resource utilization and cost containment.

Experience and Skills:

• Undergraduate degree in Finance related field.
• MBA in Commerce, accounting, finance or tax or closely related fields will be an added advantage
• Fully qualified  CPA or ACCA
• 10 years of overall professional experience;  5 of which must be in a senior  role  with  broad financial and operations management experience

Additional Attributes:

• The ideal candidate will have experience of taking final responsibility for the quality and content of all financial data, reporting and audit coordination.
• Ability to translate financial concepts  and to  collaborate with other colleagues who do not necessarily have finance backgrounds
• Fully literate and experienced in Information Technology and the use of ERP systems.
• A successful track record in setting priorities; keen analytic, organization and problem solving skills which support and enable sound decision making
• Excellent communication and relationship building skills with an ability to prioritize, negotiate, and work with a variety of internal and external stakeholders
• Personal qualities of integrity, credibility, and dedication to the mission of MSC.
• Track record of performance and exceptional leadership capabilities

How to Apply:

Interested candidates holding the necessary requirements, good performance and / or references are encouraged to apply with detailed CV’s, inclusive of names and contacts of 3 referees, current telephone number and email address by scrolling down and clicking on: Chief Financial Services Officer

Kindly include your current and expected remuneration in your resume

This position is open to Kenyan citizens only

Candidate who have previously applied need not re-apply

All applications should be received not later than 12th June, 2015