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.