Project Accountant (Head of Finance) at Avokad Fruits (K) Limited

We are seeking a qualified and experienced Project Accountant (Head of Finance) to lead the financial management and strategic planning of Avokad Fruits (K) Limited. This key leadership role involves overseeing the company’s financial resources, ensuring compliance with regulatory requirements, and optimizing resource allocation to support sustainable growth. The ideal candidate must have a strong background in finance, accounting, and project management and possess a Certified Public Accountant of Kenya (CPA-K) qualification and a Bachelor of Commerce (BCom) degree.

Reporting to: Managing Director

Key Responsibilities:

Financial Planning and Management

• Develop and implement financial strategies to support the company’s objectives and growth.
• Oversee budgeting, resource forecasting, and financial reporting processes.
• Monitor cash flow, expenditures, and project-specific finances to ensure efficient resource allocation and utilization.
• Provide financial insights and recommendations to the management team for decision-making.

Accounting and Compliance

• Ensure accurate and timely recording of financial transactions in compliance with International Financial Reporting Standards (IFRS).
• Oversee tax planning and compliance with statutory requirements, including VAT, PAYE, and corporate taxes.
• Prepare and present financial statements and reports to stakeholders, including auditors and board members.
• Develop, Update and Maintain financial policies and Standard Operating Procedures to ensure compliance with best practices and regulatory standards.

Project Finance Management

• Manage financial aspects of company projects, including cost tracking, budgeting, and financial reporting.
• Ensure proper allocation of funds across projects to optimize efficiency and return on investment.
• Conduct financial risk assessments and implement mitigation strategies.

Team Leadership and Development

• Lead and mentor the finance and accounting teams to ensure high performance and professional growth.
• Organize and be part of regular training sessions to enhance the team’s skills and knowledge in financial management and compliance.
• Establish and foster a culture of accountability, transparency, and continuous improvement.

Strategic Partnerships and Stakeholder Engagement

• Collaborate with financial partners, auditors, and regulatory authorities to maintain strong and enduring financial relationships.
• Negotiate favorable terms for financing and procurement to support operational needs.
• Represent the finance department in management and stakeholder meetings.

Qualifications and Experience:

• Bachelors’ degree in Finance, Accounting, or a related field.
• Certified Public Accountant of Kenya (CPA-K) or ACCA qualification.
• At least 7 years of progressive experience in finance and accounting, with 3+ years in a leadership role.
• Knowledge on international best practice standards in financial reporting (IFRS), IIA standards and Corporate Governance
• Excellent knowledge of International Accounting and Audit Standards, and legislations
• Strong understanding of project accounting, financial planning, and regulatory compliance in Kenya.
• Proficiency in accounting software and financial management tools.