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Finance Manager Job in Kenya

Stima Sacco Society Vision: ‘To be a market leader in the provision of world class financial services to our members’

Stima Savings and Credit Cooperative Society Limited (Stima Sacco) is a leading country-wide, fast growing and licensed DTS (Deposit Taking Sacco) with an asset base of Kshs 16.3bn, a loan book of 14bn, a deposit base of 13bn and membership of 36,000 derived from the energy, utilities, services, small and micro enterprises (SMEs) and other sectors.

Its key priority in the 2015-19 Strategic Plan is to transform its business model and grow the business through innovative products, unparalleled customer service, aggressive resource mobilization and expanded distribution channels. 

In order to achieve the planned growth, the Sacco is looking for a qualified and competent professional to fill the following vacancy:

Chief Manager Finance 

Ref.No: 211/IP/FN
 
Job Summary: Reporting to the Chief Executive Officer, the Chief Manager Finance will be responsible for strategic financial planning and management, financial advisory, resource mobilization and reporting. 

The successful candidate will provide effective and efficient co-ordination and supervision of accounting, financial and treasury management through the development and implementation of sound accounting & financial systems and internal control procedures in accordance with regulations, standards and Sacco policies and procedures.

Duties and Responsibilities
  • Overall management and co-ordination of the finanœ division by leading, directing, planning and controlling of all aspects of reporting, budgeting, final accounts and liaison with internal and statutory auditors.
  • In liaison with the Chief Executive Officer (CEO), formulate corporate financial strategies, monitor and oversee their successful implementation and ensure compliance with approved policies and prudential regulatory standards.
  • Create and maintain strong financial discipline, provide periodic financial information and reports on the Sacco’s performance to the Board of Directors and the senior management team.
  • Maintain strong internal policies, processes and controls in order to provide timely, consistent and accurate financial, treasury and management information for effective decision making.
  • Maintain good working relationships with various stakeholders towards attainment of the Sacco’s corporate plans and investment programs.
  • Evaluate and measure finance & business performance against the Sacco’s strategic plan, make recommendations and presentations to enhance organizational performance to meet shareholders’ expectations.
  • Attend the Board Finance, Investments and Credit (FIC) Committee meetings as the Committee Secretary.
Key Qualifications and Skills
  • A Bachelor’s Degree in Accounting, Finance or equivalent and a Master’s degree in Business Administration, Finance, Commerce, Accounting, or other related field.
  • A professional accounting qualification CPA (K), ACCA, ACA and a member in good standing of ICPAK for the last 5 years.
  • A minimum often (10) years working experience in financial management at senior management level as a Finance Manager or its equivalent.
  • Knowledgeable in all aspects of financial institution, IFRS standards, and SASRA guidelines.
Additional Information

To succeed in the above position, the candidate should have the proven ability to build and mold high performing teams which thrive in a rapidly changing business environment. 

The candidate should have a high degree of personal commitment, the resilience to withstand strategic and operational challenges and maintain growth momentum.
 
In addition the candidate should also have well developed communication, leadership and management skills, clear strategic vision and the demonstrated ability to make strategic decisions in a timely and effective manner.

How to Apply

The selected candidates will be offered three (3) years renewable contracts on extremely attractive remuneration and there are excellent career opportunities.

The application and a detailed CV with names of at least three (3) professional referees should be sent to:-

E-Mail: hawkins.associates@khigroup.com 


or Postal address

Hawkins Associates Ltd
Human Resources Consultants
215, Muthangari Rd, Lavington
P.O. Box 30684, 00100
 
Nairobi

Closing date for receiving applications:
 16th February 2015

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