Job Title: Director, Finance, Investment & Planning
Reports to: Chief Executive Officer
Job Summary: The job holder is responsible for providing
leadership in the formulation and execution of the strategy process with
specific focus on financial operations, investments, reporting and growth to
support the achievement of the corporation’s strategic objectives.
Strategic
- Facilitate the development and implementation
of strategic initiatives to enable the Group meet its strategic objectives
and enhance shareholder value.
- Institute tracking processes and provide the
requisite support to enable business and support units keep performance on
track.
- Champion the performance management process to
ensure that it is effective in measuring Group and individual performance
and achieving organisational objectives.
- Provide strategic leadership and expertise in
the development of revenue generating strategies for the Corporation
- Monitor business performance, new or existing
regulatory requirements and their impact on the organisation’s operations,
market competitor analysis, and business risks.
- Represent the organisation with major
stakeholders, deepening and cultivating new and existing business
relationships.
- Ensure the appropriateness of the key
assumptions included in the strategic plans and annual budget proposals;
and provide advice to senior management colleagues on these matters.
- Work closely with the Leadership Team as part
of supporting the senior management team, advising them on the likely
financial consequences of all proposed courses of action.
- Participate in meetings of departmental heads
as necessary.
Management duties
- Responsible for staff in the division and for
overseeing smooth running of their sections.
- Staff development, monitoring performance and
approving staff administrative procedures.
- Prepares the budget for the department and
ensure effective monitoring and management of costs.
Financial Management
- Develop and implement strategy, structures,
policies, tools, processes and procedures that ensure internal
efficiencies, and effective preparation and dissemination of financial
information for management decision making and regulatory & statutory
reporting purposes.
- Responsible for the preparation and
presentation of annual budgets, financial plans and strategies, investment
performance and continuous monitoring of the same.
- Ensure timely preparation and delivery of
financial information to key stakeholders such as Senior Management,
Board, Regulators and Members.
- Develop Budget Strategy and link to corporate
strategy and verify the consolidated budget.
- Monitor effective implementation of financial
and accounting strategies.
- Review, evaluate and recommend improvements to
the financial control systems and procedures.
Investment Management
- Support the overall management of the
investment programs including the establishment and review of investment
goals.
- Manage investment funds; establish performance
goals, allocate resources, and assess policies in order to make
recommendations to senior management, and Board.
- Monitor/evaluate portfolios by communicating
with external Fund Managers, developing manager reports, as well as
assessing manager roles and their adherence to the investment strategies.
- Evaluate investment strategies/processes and
make recommendations for adjustments to achieve long-term goals including
fund selection and asset allocation.
- Direct internal investment research
activities; evaluate existing and prospective investment managers, capital
markets and other related investment topics from quantitative and
qualitative perspectives.
- Review reports and provide concise analyses
for Senior Management and Board’s review.
- Develop, recommend and assist in implementing
strategies for long-range financial stability and improved efficiencies.
Planning, Research and Quality
Assurance
- Drive the formation of a strategic culture
necessary to enable the organisation achieve its goals and objectives.
- Provide strategic leadership in identifying
and addressing issues that could have a major impact on performance.
- Lead the planning process and implementation
of corporate plans and strategies.
- Conduct, organize and execute necessary
research to collect relevant information that supports key decision
making.
- Lead research and develop insights, both
quantitative and qualitative, analyse data to develop an understanding of
the business environment.
Academic and Professional
Qualifications
- Undergraduate degree in Finance related
discipline.
- Master’s degree (or MBA) in Commerce,
Accounting, Finance or Tax or closely related field is an added advantage.
- Fully qualified Accountant with CPA/ACCA/CA.
- Must be a Member of ICPAK
Experience
- At least ten years’ experience with five
years’ experience in a senior management role
- Knowledge in Financial budgetary and
accounting systems.
- Practical experience in use of relevant MS
Office applications.
- Good understanding of taxation laws
Additional Skills and Requirements
- Leadership skills
- Strong strategic and commercial awareness
- Exceptional planning, organisational and
analytical skills
- Ability to maintain positive stakeholder relations
- Ability to manage staff
- Decision making skills
- Proper understanding of Pension Rules and
Regulations
- Proper understanding of the Procurement Act
and Regulations
- Ability to effectively monitor costs
How to Apply
Apply to:
DNA/1763
P.O. Box 49010-00100
Nairobi.
All applications should be submitted by Friday, February 6th 2015.
Apply to:
DNA/1763
P.O. Box 49010-00100
Nairobi.
All applications should be submitted by Friday, February 6th 2015.
