Financial Services Manager Job in Nairobi Kenya

Position Title: Financial Services Manager   

Reports to: CEO

Department: Economic Empowerment

County: Nairobi

Background: Jiinue Credit Company Limited (JCCL) was established in 2012 by I Choose Life – Africa and seeks to contribute to economically empowering communities.

JCCL offers microcredit short term loans at affordable rates, to salaried individuals and self-development groups such as Chamas, women groups, youth groups, MARPs among others.

Our objective is to increase entrepreneurship resulting in business startup, job and wealth creation.

Our goal is contribute to the reduction of poverty, empowering individuals economically and improve the quality of life of the beneficiaries.

Vision & Mission: The Vision on JCCL is Improved livelihoods! While its mission is “to improve the quality of life through increased financial access and savings in a friendly and professional manner.

Job Purpose: Provide business development and financial control by ensuring growth of JCCL portfolio through driving, coordinating, development and monitoring of company products.

In addition, support counties in the actualization of their county strategic plans aligned to Vision 2030

Key Responsibility    

1. Business Planning and Development
  • Undertakes Research and Analysis to understand implications for institution's business planning and advice staff.
  • Implement the business planning and ensures strategic plan objectives are cascaded in the department.
  • Identify new product opportunities.
  • Assist with the development of company new product process.
  • Proactively undertake industry networking to collect market intelligence and identify new business opportunities.
  • Responsible for the achievement of business targets.

2. Relationship Management
  • Maintain an in-depth understanding of company business plans, financial projections and support requirements
  • Define work plan and manage staff based on loan portfolio priorities

3. Monitoring and Risk Management
  • Ensure portfolio quality through effective monitoring, evaluation and follow up
  • Ensure due diligence through regular communications
  • Strengthen staff capacity by providing training & support on JCCL lending and reporting systems and policies

4. Internal  Controls
  • Assesses key risk areas, and designs, implements, and trains staff on appropriate systems to ensure strong internal controls
  • Facilitates external audit relationship and application of auditor recommendations responsiveness to internal control requirements
  • Coordinate finance audit and compliance

5. Credit Management and Administration
  • Maintain day to day reports on loans disbursement and repayments
  • Ensure that all finances are properly administered and monitored, including credit control.
  • Support and supervisor accountants and credit officers in the provision of information for the estimates.
  • Ensure that loan processed adhere to stipulated guidelines
  • Verify loan applications
  • Ensure transactions are properly recorded and entered into the computerized accounting system

6. Any other duties and responsibilities in line with finance management   

Education and Training
  • The ideal candidate should have a Bachelors degree in Commerce, Finance, Accounting, Economics or any other related field 
  • Diploma in cooperative management will be added advantage
  • Professional qualifications in ACCA or CPA(K)

Experience, Skills and Abilities
  • Minimum 3 years hands on experience in cooperative management or banking.
  • Good working knowledge of the current Kenya tax Law and practices;
  • Excellent computer skills and competency in Word, Excel and PowerPoint;
  • Excellent organizational skills and ability to determine priorities and meet multiple deadlines;
  • Detail-oriented with good multi-tasking abilities and communication skills, both oral and written;

Application and contact details:

If you meet the requirements for this position, please send your CV and cover letter QUOTING YOUR CURRENT AND EXPECTED SALARY to Ufungamano House Room 402, P. O. Box 5166-00100, Nairobi and drop it at the reception or hr@ichooselife.or.ke to reach us on or before 6 November 2013 at 3.00pm.

The subject line of your application should be ‘Financial Services Manager’ only.

Only shortlisted candidates will be contacted.


Jiinue Credit Company Ltd is an equal opportunity employer.