Yehu Microfinance Trust
Job Vacancy: Chief Finance Officer (CFO)
Yehu Microfinance was founded as a
Trust in 2007 and is focused on the provision Rural Financial Services in the
Coastal Region of Kenya with its Head office at Mombasa.
The responsiveness of Yehu
Microfinance Trust to its valued clients is manifested through a variety of
products offered, with tailor made features to suit its lower income segment of
the market typically earning two to three US Dollars per day.
Yehu Microfinance Trust has been
growing steadily and is now seeking radically accelerated growth.
The Board of Trustees is looking for
a mission-focused, seasoned, strategic, and process oriented financial
management leadership.
The leadership must be with
experience scaling organization, offering proactive expertise in the financial
function commensurate with the expectations of the growing institution.
The CFO is a senior position in the organization reporting to the CEO and shall be responsible for both the strategic and operational aspects of financial planning and management.
Key Roles of Chief Finance Officer
Business Leadership -
Entails the CFO assisting in determining policy, program and outcome
strategies.
This shall be through provisions of strategic and operational performance reporting and analysis, including both perspective and prospective information and a framework for continuous corporate planning, forecasting and cost reporting.
Business Management - Role includes provision of a comprehensive service to other users of the finance function using analytical techniques as well as analysis of internal financial information and budgets.
Performance Management - Role is to ensure that financial policies and guidelines are complied with and that the quality and timeliness of financial information and reporting is assured.
The CFO role shall also include the
support of the performance management system that links both qualitative and
quantitative key performance indicators to the strategies and outcomes of Yehu
Microfinance Trust.
Specific Responsibilities
- Ensure the continued financial sustainability
Yehu Microfinance Trust in its core business of provision of financial
services to the socio-economically marginalized entrepreneurs through
sound fiscal management.
- Provide pragmatic leadership and input for
strategic planning processes with CEO
- Ensure that all program activities operate
cost effectively, consistently and ethically within the mission and values
of Yehu Microfinance Trust.
- Prepare and submit an annual operational plan
to the CEO for further consideration, management within the approved
budget, and report accurately as well as timely on progress made and
challenges encountered.
- Ensure compliance with any and all
requirements for partnerships, financial institutions and regulatory
bodies.
- Maintain good financial systems, processes and
procedures in accordance to the best professional practice.
- Interpret, analyze and present financial
related information to facilitate understanding of options to resolve
complex problems and take available opportunities.
- Familiar with the best practice in the
microfinance industry as well as IFRS, CGAP reporting guidelines, IAS etc.
for preparation of management and statutory financial reports.
- Contribute to strategic initiatives, promote
internal control framework and provide financial advice within the
organization.
- Facilitate consultative and collaborative
development of annual plans and budgetary provisions.
- Organizational reporting and monitoring.
- Any other function as requested by management
Qualifications and Experience.
- Masters (Added Advantage and preferably in
Business Administration) with an undergraduate degree in accounting and
finance or related field.
- Certified Public Accountant (K), at least TWO
years post qualifications. A registered ICPAK member is an added advantage.
- Experience of not less than 3 years in a
related senior position within a busy Accounting environment preferably in
a Microfinance sector.
- Demonstration of proficiency in accounting
packages and general office practice applications.
- Demonstrated ability to prioritize and handle
multiple on-going assignments under minimum supervision and delivery
schedule within an environment of conflicting deadlines and interests.
- Not less than 30 years of age.
Terms of Employment: A three year renewable contract and specific
terms and conditions of service are negotiable as guided by demonstrated
expertise in financial management, competence and level of academic and
professional qualifications.
Address application with updated CV, supportive copies certificates and testimonials to reach the undersigned on or before 6th March 2015
The application should be in soft
copy to the email address below.
The Chief Executive Officer
Yehu Microfinance Trust- Head Office.
P.O Box 82120-80100
Mombasa.
Email: info@yehu.org
Website: www.yehu.org