JOB TITLE

 

FINANCE MANAGER

NATURE OF JOB

FULL TIME

INDUSTRY

AGRIBUSINESS

SALARY

KSHS. 100,000-120,000

JOB LOCATION

NGONG

 

DUTIES AND RESPONSIBILITIES

Financial Planning & Strategy:

  • Develop and manage the annual farm budget, aligning financial goals with operational objectives.
  • Provide strategic financial advice to senior management, ensuring alignment with the farm's growth objectives and sustainability goals.
  • Conduct long-term financial forecasting to support capital planning, equipment purchases, and expansion strategies.

Financial Analysis & Reporting:

  • Prepare detailed monthly, quarterly, and annual financial reports, including profit and loss statements, cash flow statements, balance sheets, and variance analysis.
  • Conduct detailed cost analysis of farm production activities, such as crop or livestock management, input costs, labor costs, and operational overheads.
  • Assess the financial impact of operational decisions and advise management on cost-effective practices.

Cash Flow Management:

  • Oversee cash flow management, ensuring that the farm maintains adequate liquidity to meet financial obligations and operational needs.
  • Monitor accounts receivable and payable, ensuring timely collection of payments and vendor management to maintain cash flow balance.
  • Evaluate and manage financial risks related to cash flow fluctuations and seasonal revenue cycles.

Compliance & Reporting:

  • Ensure compliance with local, state, and federal tax regulations, farm subsidies, and agricultural industry-specific financial requirements.
  • Liaise with external auditors and regulatory authorities for financial audits and reporting.
  • Manage farm-specific financial compliance issues, including subsidies, grants, and tax incentives relevant to agricultural operations.

Cost Control & Efficiency:

  • Identify areas for cost reduction and efficiency improvement within farm operations.
  • Develop and implement effective cost-control strategies, particularly in the procurement of agricultural inputs, equipment, and labor.
  • Track and monitor the efficiency of resource usage, ensuring that operational costs remain within budget.

Financial Systems Management:

  • Implement and maintain farm accounting software and systems that cater specifically to agricultural businesses.
  • Ensure the accuracy and integrity of financial data and ensure that systems are up to date with industry standards.
  • Provide training and support to farm staff on financial systems and reporting processes.

Team Leadership & Collaboration:

  • Lead and mentor a small team of finance and accounting professionals, providing guidance on farm-specific financial operations.
  • Collaborate with the operations, procurement, and farm management teams to ensure financial plans align with day-to-day farming activities.
  • Facilitate the communication between the finance department and other departments, ensuring clarity on financial matters.

Agricultural Investment Management:

  • Assist in evaluating and managing investments in farm infrastructure, machinery, technology, and land acquisitions.
  • Support decision-making for financial investments, taking into account both short-term needs and long-term growth.

Risk Management:

  • Evaluate and mitigate financial risks associated with agricultural production cycles, including crop failure, weather-related risks, commodity price fluctuations, and labor shortages.
  • Develop contingency plans for financial stability during periods of economic downturn or market volatility.

 

KEY REQUIREMENT SKILLS AND QUALIFICATION

  • Degree in Finance, Accounting, Agriculture Economics, or a related field.
  • At least 5-7 years of experience in a finance role, with a focus on agricultural or farm-based financial management
  • Proven experience in budget preparation, financial forecasting, cash flow management, and financial reporting in a farm or agricultural business setup
  • Experience working with farm accounting software, financial tools, and systems.
  • Knowledge of agricultural economics, cost analysis, and financial implications of farming operations
  • Strong knowledge of financial analysis, reporting, and budgeting principles, with the ability to tailor strategies to a farm environment.
  • Ability to manage and lead a finance team effectively, with excellent communication and interpersonal skills.
  • Proficiency in financial software

 

HOW TO APPLY

  • If you meet the above qualifications, skills and experience press the Apply button.
  • Interviews will be carried out on a rolling basis until the position is filled.
  • Only the shortlisted candidates will be contacted.

APPLY