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Accountant
Nairobi
• Kenya
Profession
Industry (Accounting, finance, banking, insurance)
Seniority (Accounting, finance, banking, insurance)
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Manufacturing
Description
Kutoka Ardhini Limited (a member of the Fairoils Group) is a multi-site agricultural sourcing and processing business supplying raw materials (crop and essential oils) to Fairoils EPZ Limited. The business operates in an inventory-intensive, farmer-based procurement model with significant exposure to cost management, working capital, and yield performance.
The Finance Manager will provide end-to-end financial leadership and operational control to stabilize and ensure growth of the business. The role requires a hands-on and commercially astute finance professional.
This is not a transactional accounting role. It is a financial control and performance leadership position embedded within operations.
Responsibilities
1. Financial Leadership & Performance Improvement
Lead financial management across all operational sites.
Diagnose root causes of historical and current losses.
Develop and implement margin improvement initiatives.
Deliver site-level and crop-level profitability analysis.
Partner with operations to improve cost discipline and efficiency.
2. Cost Accounting & Inventory Control
Oversee implementation and maintenance of robust standard costing systems.
Monitor cost per kg/ton by crop and by site.
Ensure accurate monthly reconciliation of:
Biomass harvested vs processed
Yield variance
Physical vs system stock
Validate inventory valuation in compliance with IFRS.
Investigate shrinkage, wastage, and operational inefficiencies.
3. Farmer Receivables & Seedling Loan Management
Provide cost-based price recommendations.
Establish and enforce structured farmer-level subledger controls.
Ensure proper recording, monitoring, and recovery of seedling loans.
Implement ageing analysis and impairment policy.
Monitor deduction compliance against agreed recovery schedules.
4. Treasury & Working Capital Oversight
Perform financial planning including preparation of annual budgets by site/operation, cash flow forecasts, and implementation of appropriate budgetary controls.
Oversee weekly cashflow forecasting and liquidity planning.
Ensure all payments conform to laid down procedures and recommend methods to improve cost effectiveness
Control farmer and supplier exposure.
5. Reporting & Compliance
Deliver timely and accurate management and financial reports, audit and tax returns.
Prepare:
Crop-level margin analysis
Site-level mini P&Ls
Working capital dashboards
Ensure compliance with tax laws and statutory obligations, including accurate computation, declaration and timely payment.
Provide support to the Finance Director on periodic board reporting
Oversee the coordination and activities of the external and internal auditors and ensure all audit issues are resolved.
6. Internal Controls & Governance
Standardize SOPs for:
Stock movement
Payment processing
Seedling issuance and recovery
Conduct periodic site control reviews.
Maintain relationships with service providers and other managers for timely and quality services at all times.
Communicate to staff any changes and updates to financial management processes and policies and continually monitor adherence to these processes and policies.
Introduce KPI-driven performance monitoring across finance and operations.
Develop a professional finance team through timely communication, clarification of objectives, resource allocation, task definition, monitoring, and modification procedures.
Manage the Finance Director’s expectations through weekly updates, quick responses to emails, and addressing all queries within a reasonable timeline.
Undertake special projects as assigned or initiated.
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