Centum Investment Company Kenya 3.0

06
Jul
2017

An opportunity to join a world class team

Centum Investment Company www.centum.co.ke founded in 1967, is the largest listed investment company in East Africa. We have over 37,000 shareholders and our shares are listed on the Nairobi Securities Exchange and cross listed on the Uganda Securities Exchange.

Centum’s vision is to be Africa’s foremost investment channel. We are developers of investment grade opportunities of scale and are a channel through which investors access these opportunities within the continent.  Our investment philosophy is hinged on creating real tangible wealth by helping to build extraordinary enterprises in Africa.

In our current strategy period; Centum 3.0; we are focusing our development activities in eight key sectors of the economy, namely; Real Estate, Financial Services, Fast Moving Consumer Goods (FMCG), Power, Agribusiness, Education, HealthCare and ICT. We are currently active in four of these sectors; Real Estate, Financial Services, FMCG and Power. 

We look to engage a high caliber professional as Group Financial Controller (Operating Subsidiaries) who will support the Group Finance Director in monitoring and supervising the financial and related risk management operations of the Group’s operating subsidiaries.

THE ROLE

This is a Senior Management role reporting to the Group Finance Director.

The position is specifically accountable for ongoing monitoring and reviewing the implementation and effective operation of financial and business controls for operating subsidiaries and carrying out independent business performance reviews aimed at identifying risks to achieving set goals and to safeguarding the subsidiaries’ assets.

The position will involve extensive routine travel to all locations where the Group’s subsidiaries are located.

KEY RESPONSIBILITIES

1. Group Reporting: review and submission of weekly and monthly subsidiary operational and financial reports to the Group ExCO and providing assurance over financial and operational data integrity.

2. Financial analysis and business performance reviews: carrying out business performance reviews / financial analysis for the subsidiaries and reporting on a monthly basis on arising insights, including risks to meeting investment performance metrics and strategic objectives. 

This role includes reviewing performance and cash flow forecasts and budgets and performance against those, identifying and developing insights into key performance drivers, proactively identifying and reporting on adverse trends and identifying and escalating financial risks to the subsidiary management and Group ExCO.

3. Monitoring, Compliance and Controls: providing assurance to Group ExCO that appropriate business and financial control systems and processes have been implemented and are operating effectively in the operating subsidiaries. The FC will be responsible for developing a fit-for-purpose control framework, the related ranking mechanism and the ongoing monitoring of operating effectiveness of controls, identification of control deficiencies and exceptions and the resultant remediation. 

4. Leadership: The FC will successfully lead and develop a team of finance professionals to effectively deliver integrated financial solutions to Centum Group and its subsidiaries 

EDUCATIONAL & JOB EXPERIENCE REQUIREMENTS

 An undergraduate degree in a business-related field;

 Accounting qualifications, such as CPA or ACCA. Possession of CFA qualification will be an added advantage

 Over 7 years or progressive financial management experience, at least 3 of which should be at a senior management level, directly engaged in business performance reviews, financial analysis and planning, controls design and review and financial reporting;  

 Previous experience with a Big 4 accounting firm will be an added advantage.

COMPETENCIES

The preferred candidate will possess;

 A track record of designing control frameworks.

 Excellent communication skills with the ability to effectively articulate matters to a diverse group of individuals

 A generally curious individual with a broad understanding of the operating and regulatory environment across the region.

 Possess strong analytical skills.

 Be an emotionally intelligent individual with the ability to cultivate and manage relationships with a diverse group of individuals and operating subsidiaries.

 A track record of successfully leading teams

 Ability to thrive in a fast-paced, dynamic and high-pressure environment

If you have the right mix of qualifications and experience, forward your CV and the relevant academic documents to careers@centum.co.ke 

The deadline for receiving applications is 14 July 2017.