Spinners & Spinners Limited (“S&S”) is a vertically integrated design and manufacturing facility of Textile Product Solutions that positively impact the lives of our consumers. Based in Kenya, and established in 1979, S&S is a heritage company that has deep roots in entrepreneurship within the region.
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Financial Planning & Analysis Lead
- Job TypeFull Time
- QualificationBA/BSc/HND , MBA/MSc/MA
- Experience8 years
- LocationKiambu
- Job FieldFinance / Accounting / Audit 
Responsibilities
Budgeting and forecasting
- Manage and oversee the annual budgeting, forecasting, and long-term financial planning processes.
- Consolidation of overall comprehensive companywide budget linking to comprehensive functional budgets and into business units (up to profitability level).
Financial Modelling and reporting
- Develop and maintain complex financial models to support decision-making across the organization.
- Monitor profitability by business unit, providing insights and making the necessary recommendations towards the attainment of the key company goals.
- Consolidate reports on profitability by business unit.
- Translate business strategy into impact on profitability and balance sheet.
- Generation of investment appraisal reports (on adhoc basis).
Financial Planning and Analysis
- Analyse financial data to identify trends, risks, and opportunities for growth.
- Advise the Head of Finance on potential investments.
- Generate reports on payback periods and risks associated with investments.
Cost Analysis and Management
- Conduct detailed cost analysis to identify areas for cost optimization and process enhancements.
- Monitor and report on product costing, ensuring accuracy and profitability.
- Implement cost control measures and track their impact on the bottom line
Key decision making
- Drive business performance using the key predetermined performance metrics.
- With the support of the Head of Finance, drive the annual planning processes to set stretching and realizable goals.
- Support in the implementation of forecasting tools, methods, and improvements, including shaping key assumptions and drivers; quantifying the risks and opportunities, and developing mitigation plans.
- Implementation and management of cost allocation methods for products and core business processes (production and sales).
- Determine payback period for investments, current and potential, and prioritize based on feasibility.
- Advise on proper resource allocation after assessment of the performance of the business units and overall company.
Qualifications
- Bachelor's degree in finance, Accounting, or a business-related field. An MBA or advanced degree is a plus.
- Holder of Certified Public Accountant (CPA) Chartered Accountant (ACCA) or Chartered Management Accountant (CIMA) and any other relevant professional certification.
- 8+ years of progressive experience in financial planning and analysis, budgeting, forecasting, and financial modeling, with at least two years in functional or team leadership responsibility.
Method of Application
Please send your resume to [email protected] with the subject line "Application: Financial Planning & Analysis Lead." Kindly note that only shortlisted candidates will be contacted.