Faulu Microfinance Bank, a subsidiary
of the Old Mutual Group is one of Kenya’s fastest growing banks with a network
of over 80 outlets and over 900 employees.
The bank is regulated by the Central
Bank of Kenya and offers a variety of financial solutions catering to both
Retail and MSME segments.
Our vision is to give Kenyans hope
and a future, by listening and empowering them with relevant financial
solutions.
In line with business demands driven
by our rapid growth, we are looking for qualified, highly competent, talented
and results driven individuals to fill the following key business growth and
revenue generation positions.
Finance Operations Manager
Job Ref: HR: 56/04/2015
Job Summary: Reporting to the Head of Finance he/she will be
responsible for overseeing payments, fixed assets register, internal controls
and bank reconciliations.
Responsibilities:
- Management of payments for suppliers and
statutory deductions.
- Responsible for collection, issuing of payment
instructions, reconciliations and adequate funding of bank accounts
- Oversight on Petty cash & imprest
administration ensuring branches are adequately replenished at all times.
- To ensure that all relevant taxes are
identified, recognized and remitted; for instance, VAT, Tax on imported
services and withholding tax.
- Strong liaison and coordination with
Procurement Manager ensuring that Creditors and suppliers are managed
satisfactorily.
- Ensure control accounts and bank accounts
reconciliations are carried out on a timely basis
- Liaising with Internal and External Auditors
in carrying out periodical and Year end Audits respectively.
- Maintain good Banks’ relations
- Ensuring that internal controls are maintained
and improved.
- Take part in Business planning and budget
preparation.
- Budget control and monitoring by ensuring the
budget holders take charge of their costs and through variance reports
- Mentor and develop the team, managing work
allocation, training, problem resolution and leave management.
Required Qualifications:
- University Degree in Business related Studies
preferably in Economics, Finance, Statistics or Commerce.
- Professional Certification - CPA (K) /ACCA.
- Demonstrate excellent knowledge of Computer
packages.
- At least 3 years Supervisory Experience in
Financial Accounting.
- Demonstrable strong leadership and
communication skills.
- Proven and demonstrated leadership and General
Management skills.
- Excellent presentation, communication,
interpersonal, sales and negotiation skills.
- Demonstrate high integrity.
Financial Reporting Manager
Job Ref: HR: 55/04/2015
Job Summary: Reporting
to Head of Finance the Financial Reporting Manager will be responsible for
business planning, carrying out timely and accurate financial reporting and
reconciliations and giving feedback to stake holders.
Responsibilities:
- Ensure timely and accurate financial reports
and feedback to various stakeholders i.e. Executive Management, Board, CBK
and Group.
- Participate in the business planning and
coordinate the company-wide budget preparation process covering branches
and head office departmental budgets.
- Pro-active engagement with all stakeholders in
Branches, Business Segment Heads and Group Finance functions
- Engage with Management Information Team to
ensure that the key reporting system and reviews are maintained and in
line with reporting requirements.
- Perform revenue assurance reviews.
- Liaise with Central Bank, internal and
external auditors to carry out periodical and year end inspections and
statutory audits.
- Prepare Corporate Tax computations and returns
on time.
- Ensure that all control account
reconciliations are done effectively.
- Maintenance and improvement of financial
reporting controls.
- Ensure incisive monitoring and reporting to
keep management fully informed on financial performance, strategy
implementation and revenue maximization initiatives.
- Mentor and develop the finance team, through
managing work allocation, training, problem resolution and leave
management.
Required Qualifications:
- Business related degree holder and a CPA
(K)/ACCA.
- A Master’s degree will be an added advantage.
- Three (3) years supervisory experience in
financial accounting and reporting.
- Have working knowledge of T24 and excellent
knowledge of computer packages in accounting.
- Demonstrate management abilities; be an
analytical thinker, confident, diligent and pay attention to detail.
- Have good spoken and written communication
skills and good interpersonal skills.
Head of Treasury
Job Ref: HR: 54/04/2015
Job Summary: Reporting
to the General Manager, Finance, the Head of Treasury will provide efficient
and effective delivery of the full range of treasury products and effectively
lead the Assets Liability Management (ALM) to achieve the desired business
growth and profitability targets.
Responsibilities:
- Develop and execute strategies for investment
of surplus funds in treasury bills, bonds and other money market
instruments.
- Manage the dealing activity end to end so as
to ensure that all the Bank’s interests are protected at all times and
financial targets are met.
- Ensure that the Bank meets all external and
internal liquidity requirements and that proper contingency plans are in
place to address excess and deficient liquidity incidences in line with
the Bank’s Policies and Procedures.
- Effective Capital and solvency management to
ensure capital is allocated profitably and that the bank is maintained at
strong solvency ratios.
- Develop innovative treasury products that will
enable the bank grow its’ money market and foreign exchange volumes and
revenues.
- Actively identify and market clients with
potential to grow revenues from sales of treasury products and services.
- Ensure that the bank credit limits with
counterparties are observed at all times.
- Build, foster and maintain relationships with
counterparties, lenders and other stakeholders.
- Lead and manage the Treasury Function team and
their performance with the view of ensuring proper positioning and
leveraging of the function’s human resources.
- Participate in Management meetings as may be
appropriate including but not limited to ALCO, Products Committee, Exco
and others.
Required Qualifications:
- University business degree from a recognized
institution preferably in Economics, Finance, Statistics or Commerce.
- A Master’s degree will be an added advantage.
- Professional Certification e.g. CPA /ACCA, ACI
(Financial Markets Association)
- Eight years working experience, 3 of which
must have been in a senior role within the Treasury function.
- Demonstrate skills/know how in dealing,
financial analysis and knowledge of financial markets.
- Good working knowledge of dealing systems.
- Demonstrable strong leadership and
communication skills.
- Proven and demonstrated Leadership and General
Management skills.
- Excellent presentation, communication,
interpersonal, sales and negotiation skills.
- Demonstrate high integrity.
How to Apply
If you meet the specified criteria, send application letter and updated CV (including 3 referees) to the email address below addressed to the undersigned:
If you meet the specified criteria, send application letter and updated CV (including 3 referees) to the email address below addressed to the undersigned:
Head of Human Resources
Faulu Microfinance Bank Limited
P.O. Box 60240 – 00200
Nairobi
Email: excitingcareers@faulukenya.com
All applications must reach us by 22nd April 2015.
Only shortlisted candidates will be
contacted.
Note: Hard Copy applications will not be accepted.
Old Mutual Plc. is a leading multinational long-term savings, protection and investment Group with over 169 years of experience. It has operations in Africa, Europe, the Americas and Asia. Old Mutual plc. is listed on the London and Johannesburg Stock Exchange. Old Mutual Group Kenya comprises Old Mutual Life Assurance, Old Mutual Investment Services, Old Mutual Investments Group, Old Mutual Securities and Faulu Microfinance Bank.