Finance Manager

CDL was founded in early 2003 by its current Managing Director Lucy Mmari.Within her 14 year tenure in a well established logistics company, She honed her skill in human resources management and thereafter started CDL.

Finance Manager

Main purpose –

• The main purpose of the role is to oversee the organisation’s financial function, ensuring effective financial planning, reporting, controls, and resource management. The role provides strategic financial insights to the General Manager to support informed decision-making, financial sustainability, and business growth while supervising the departmental team members and ensuring compliance with relevant financial and statutory requirements.

Job scope and context

• Operating within a growing, technology-enabled organisation, the Finance Manager works closely with management and cross-functional teams to align financial resources with business priorities, assess commercial performance, identify financial risks and opportunities, and strengthen financial processes and systems. The role combines financial oversight with hands-on execution, ensuring accountability, operational efficiency, and sustainable business growth.

Key Objectives

Financial Planning,

• Lead the annual budgeting process in collaboration with the General Manager and departmental leads.

• Budgeting and Forecasting

• Consolidate departmental budgets and ensure that proposed expenditure is aligned with organisational priorities and available resources.

• Develop and maintain financial forecasts, including revenue projections, operating expenditures, cash flow, and working capital requirements.

• Monitor actual performance against approved budgets and forecasts, identifying material variances and recommending corrective action.

• Conduct scenario analysis to assess the financial implications of business decisions, growth plans, and changes in operating conditions.

• Support financial planning for new products, service lines, partnerships, and geographical expansion.

• Ensure that financial assumptions are realistic, evidence-based, and regularly reviewed against actual business performance.

Financial Reporting and Business Performance

• Lead the preparation of accurate and timely monthly management accounts and financial reports.

• Present financial performance, key variances, emerging risks, and recommendations to the General Manager and Finance Committee.

• Monitor revenue, gross margins, operating costs, profitability and other relevant financial indicators.

• Analyse revenue and cost performance across products, services, customer segments, and business activities to identify growth opportunities and areas requiring intervention.

• In collaboration with the technology department, Develop and maintain relevant financial dashboards and performance reports to support timely decision-making.

• Ensure that management reporting provides a clear view of financial performance, liquidity, cost efficiency, and progress against business

• objectives.

• Translate financial data into actionable insights for non-finance stakeholders.

Cash flow and working capital management

• Oversee cash-flow planning and maintain visibility of the organisation’s short- and medium-term liquidity position.

• Monitor cash inflows, expected collections, committed expenditures, and upcoming financial obligations.

• Develop and maintain cash-flow forecasts, identify potential funding gaps, and recommend appropriate interventions.

• Oversee the management of accounts receivable and payable, ensuring appropriate controls over client credit, collections, and supplier payments.

• Monitor receivables ageing, client payment patterns, and outstanding balances, working with relevant teams to improve collections.

• Assess the impact of client payment terms, supplier arrangements, and expenditure commitments on working capital.

• Provide timely updates to the General Manager on liquidity risks, cash requirements and financial commitments.

Financial Controls, Risk and Compliance

• Establish, implement and monitor appropriate financial controls, approval processes, and segregation of duties.

• Oversee compliance with applicable Kenyan tax, statutory reporting and other relevant financial obligations.

• Ensure that financial policies, procedures, and delegated approval limits are documented, communicated, and consistently applied.

• Identify financial risks, control weaknesses and potential exposures, recommending mitigation measures.

• Oversee the maintenance of complete, accurate, and audit-ready financial records.

• Coordinate external audits and ensure that audit findings are addressed within agreed timelines.

• Work with the Accountant to ensure that accounting treatments, reconciliation, and financial records comply with applicable standards and requirements.

• Escalate material financial, compliance, and control issues to the General Manager promptly.

Accounting Oversight and Financial Operations

• Supervise the Accountant and provide direction on priorities, deliverables, and performance expectations.

• Review the Accountant’s work and provide coaching, feedback, and professional development support.

• Establish an effective finance reporting calendar covering monthly close, management accounts, budgeting, statutory obligations, and audits.

• Promote financial discipline, integrity, transparency, and accountability across the organisation.