Finance Manager

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.

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:
  

1. Biomass harvested vs processed
   

2. Yield variance
   

3. 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:
  

1. Crop-level margin analysis
   

2. Site-level mini P&Ls
   

3. 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:
  

1. Stock movement
   

2. Payment processing
   

3. 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.