Reporting to the Senior Manager Financial Planning & Analysis the role holder will play a critical role in supporting business performance through budgeting, forecasting, long-range planning (LRP), management reporting, financial modelling, performance analysis, and business partnering.
The role is responsible for translating financial and operational data into actionable insights that support executive decision-making, capital allocation, strategic planning, and performance management. The successful candidate will possess a strong commercial mindset, advanced financial modelling capabilities, and the ability to influence business decisions through data-driven insights. Key responsibilities align with P&L forecasting, cashflow forecasting, LRP development, scenario analysis, executive communication and business partnering
Health and Safety
- Uphold the company code of conduct, policies and procedures, ensuring integrity and accountability in every aspect of your work.
- All employees have a responsibility to adhere to safety, health, and wellbeing policies, guidelines and procedures in all actions and decisions.
Financial Planning & Forecasting
- Support the preparation and consolidation of annual budgets, quarterly forecasts, and long-range plans (LRPs).
- Develop and maintain integrated financial models covering revenue, operating costs, EBITDA, profitability, cashflow, and capital expenditure.
- Coordinate forecast submissions across business units and ensure alignment to strategic objectives.
- Perform driver-based forecasting and sensitivity analysis to evaluate financial outcomes under various scenarios.
- Monitor forecast accuracy and provide recommendations to improve planning effectiveness.
Management Reporting & Performance Analysis
- Produce monthly, quarterly, and annual management reports.
- Deliver insightful variance analysis comparing Actuals, Budget, Forecast, and Prior Year performance.
- Identify key business drivers impacting revenue growth, profitability, cashflow, and return on investment.
- Develop executive-level dashboards and KPI reporting.
Present financial performance trends and implications to senior management.
Business Partnering
- Partner with Commercial, Technology, Operations, Enterprise, and Support Functions to provide financial decision support.
- Challenge assumptions and ensure business initiatives are supported by robust financial analysis.
- Support pricing reviews, business cases, investment proposals, and strategic initiatives.
- Influence stakeholders through data-driven insights and recommendations.
- Act as a trusted advisor on performance management and financial implications of business decisions.
Long-Range Planning & Strategy Support
- Support development and maintenance of multi-year strategic plans and long-range financial outlooks.
- Assess business opportunities, investment cases, and growth initiatives.
- Translate strategic initiatives into financial plans and measurable performance targets.
- Evaluate revenue growth, margin expansion, cash generation, and investment affordability.
Cashflow & Investment Analysis
- Develop and maintain cashflow forecasts and liquidity projections.
- Monitor working capital performance and identify improvement opportunities.
- Support capital expenditure planning, prioritization, and investment reviews.
- Evaluate funding requirements and free cashflow generation.
- Perform post-investment reviews to assess business case realization.
Financial Modelling & Scenario Analysis
- Build robust and auditable financial models.
- Conduct sensitivity analysis and scenario planning to assess financial risk and opportunities.
- Evaluate downside and upside scenarios and recommend mitigation actions.
- Support strategic decision-making through advanced modelling techniques.
Continuous Improvement
- Drive improvements in FP&A processes, tools, and reporting capabilities.
- Enhance automation and data analytics within planning and reporting processes.
- Support finance transformation initiatives and adoption of best practices.
- Improve data quality, consistency, and governance across planning cycles.
Core competencies, knowledge and experience:
Technical Competencies
Financial Expertise
- Advanced financial modelling
- Budgeting and forecasting
- Long-range planning (LRP)
- Management reporting
- Variance analysis
- Business case development
- Capital investment analysis
- Cashflow forecasting
- Scenario and sensitivity analysis
Systems & Tools
- Advanced Microsoft Excel
- ERP and HFM platforms (e.g., Oracle, SAP, Hyperion, OneStream, Anaplan)
- PowerPoint and executive presentation development
Behavioural Competencies
- Commercial Acumen: Ability to interpret business performance drivers and convert analysis into actionable recommendations.
- Analytical Thinking: Strong problem-solving capability with attention to detail and ability to manage ambiguity.
- Business Partnering: Confidence to challenge assumptions and influence stakeholders without direct authority.
- Communication: Ability to communicate complex financial concepts to non-financial audiences and executive leadership.
- Strategic Mindset: Ability to link short-term performance to long-term strategic objectives and business outcomes.
- Results Orientation: Focus on delivering accurate, timely, and actionable financial insights.
Qualifications
- Bachelor’s degree in Finance, Accounting, Economics, Statistics, Business, or related field.
- MBA or master's degree is an added advantage.
- Professional Qualifications: CPA & ACCA
Experience - Minimum 5 years of progressive experience in Financial Planning & Analysis, Commercial Finance, Business Finance, Corporate Finance, or Management Reporting.
- Demonstrated experience in budgeting, forecasting, long-range planning, and financial modelling.
- Experience supporting senior stakeholders and business leaders.
- Experience working with large datasets and complex financial models.
- Telecommunications, Technology, FMCG, Banking, or other large corporate experience is desirable.
How to Apply. If you feel that you are up to the challenge and possess the necessary qualification and experience, kindly proceed to create/ update your candidate profile on the recruitment portal and then Click on the apply button. Remember to attach your resume.
Safaricom is the leading technology company in East Africa. Our purpose is to transform lives by connecting people to people, people to opportunities and people to information. We keep over 60 million customers connected across Kenya and Ethiopia, and play a critical role in the society, supporting over 1.13 million jobs both directly and indirectly while our total economic value was estimated at KES 1.1 trillion ($ 8.5 billion) for the 12 months through March 2025.
Listed on the Nairobi Securities Exchange and with annual revenues of close to KES 388 billion as at March 2025, Safaricom provides connectivity through wide range of technology. Our 2G, 3G, 4G and 5G network in aggregate covers over 99% of Kenya’s population.
We run the world’s largest mobile payment system and Africa’s largest Fintech, M-PESA, the world’s first mobile money transfer system. By empowering millions of customers to transact, save or borrow money through their mobile phone, M-PESA has driven financial inclusion in Kenya to 84.8% of the adult population in 2024, from a low of 26.7% in 2006, and generated over KES 161 billion in revenue as at FY25.
Our subsidiary, Safaricom Telecommunications Ethiopia, has deployed world class network and services to contribute to Ethiopia’s digital transformation.
Safaricom is an equal opportunity employer, actively recruiting staff from different backgrounds reflecting the communities that we serve. We are committed to equal gender representation at all levels.
As part of our ongoing commitment to the Sustainable Development Goals (SDGs), we continue to work towards improving energy and resource efficiency in our network and facilities to reduce carbon emissions and our fuel consumption. We remain committed to becoming a Net Zero carbon-emitting company by 2050.
Skills Required
- Bachelor’s degree in Finance, Accounting, Economics, Statistics, Business, or a related field
- CPA and ACCA professional qualifications
- Minimum 5 years of progressive experience in FP&A, Commercial Finance, Business Finance, Corporate Finance, or Management Reporting
- Demonstrated experience in budgeting, forecasting, long-range planning, and financial modelling
- Experience supporting senior stakeholders and business leaders
- Experience working with large datasets and complex financial models
- MBA or master’s degree
- Experience in telecommunications, technology, FMCG, banking, or another large corporate environment
What We Do
Safaricom is the leading provider of converged communication solutions in Kenya. In addition to providing a broad range of first-class products and services for Telephony, Broadband Internet and Financial services, Safaricom seeks to uplift the welfare of Kenyans through value-added services and support for community projects. With over 29 Million subscribers and an estimated market share of 67%, the Company has the widest modern mobile network coverage in Kenya and prides in its experienced shareholders, attractive tariffs, a nationwide network of effective dealers, high caliber staff and management enabling it to maintain its position as the region’s mobile market leader. M-PESA has over 23 million subscribers, supported by a nationwide agent network of over 156,000 outlets. M-PESA is the world's most developed biggest mobile payment system. Facts about Safaricom • Employs over 5,500 staff directly and over 500,000 indirectly • Has approximately 4,945 network sites across the country • 50% of employees and 32% of senior management working at Safaricom are women. • Has the largest call center in Sub-Saharan Africa Our people are our most valuable asset and are key to the achievement of our vision of transforming lives. This is reflected in our commitment to creating a working environment that supports our staff. We offer employees a wellness programme, crèche facilities, access to subsidized gym facilities, leisure amenities, regular social events, competitive salaries and career opportunities. We give back to the society through the Safaricom Foundation. Since inception, the foundation has disbursed 2 billion shillings in different initiatives that provide sustainable community-based solutions, contributing towards Kenya’s development agenda, and the Millennium Development Goals. Safaricom is a key member and supporter of the B Team and the B Team – Africa, alliances of business leaders who are committed to responsible and sustainable business practices.
