Finance Manager – Automotive at Bridge Talent Management

Bridge Talent Management

  • Kenya
  • Permanent
  • Full-time
  • 13 days ago
One HR information system to manage your employees' entire employment lifecycle. Build an incredible workplace and grow your business with our all-in-one platform.Finance Manager – AutomotiveJob 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 ResponsibilitiesFinancial 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.
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