Job Title: MFI Finance Manager
Industry: Deposit
Taking Microfinance
Location: Nairobi
Salary: Competitive depending on experience
An exciting opportunity has arisen with our client, a unique microfinance
institution offering micro credit solutions, to positively transform the lives
of their customers and other stakeholders.The institution seeks to hire a dynamic individual to fill the role of a Finance Manager.
Candidates working in the same
position are encouraged to apply
Key Responsibilities:
- Support the development and implementation of
the company’s strategic and business plan through allocation of financial
resources.
- Ensure proper management of financial
resources and assets of the company, according to the established
policies, plans and procedures.
- Assist in carrying out financial planning
using projection models and other financial tools as well as disseminate
the information to the various stakeholders within and without the
organization.
- Monitor performance against financial plans
and provide relevant and timely information to the Board, Senior
Management, Departments, and other stakeholders.
- Provide accurate and timely periodic financial
reports and other reports to the various stakeholders as per policy or on
need basis; prepare reports for management, directors, auditors,
regulators, government agencies and departments including for tax
compliance purposes.
- Implement policies and procedures to guide the
management of the investment portfolios in the bank.
- Provide, on need basis, financial information
to internal customers for use in their various departments and act as
liaison for the finance department.
- Ensure reliability and integrity of financial
and operating information systems
- Assist in the supervision of budget
preparation and consolidation of annual projections
- Manage balance between risk and return by
maintaining a positive spread between the interest rates on earning assets
and the interest cost of funds
- Manage all payments, and collection &
banking of revenue
- Manage all capital expenditure and procurement
for the bank
- Safeguard cash balances and oversee inter
branch transfers
- Ensure proper custody of security, deeds and
other important documents
- Ensure that the bank does not suffer financial
loss through fraud and error by ensuring that assets are safeguarded and
by closely maintaining and monitoring efficient and adequate internal
control systems
- Supervise the running of the finance
department to ensure adherence to bank’s policies, procedures and
regulations.
- Ensure compliance with laid down conditions
and terms pertaining to loan agreements with external financiers.
Skills and Requirements
- Bachelor’s degree in Commerce (Accounting
option) or Finance/Business Administration/Economics or related field.
- MUST be conversant with the CBK reporting
procedures
- Training in microfinance or banking field will
be an added advantage
- Must be a CPA (K) or ACCA or CFA finalist in
related accounting, finance or audit field
- Member of a professional body e.g. ICPAK
- Over 5 years of relevant work experience in a
similar position, preferably in a financial institution
If you are up to the challenge,
possess the necessary qualification and experience, please send your CV only
quoting the job title on the email subject (MFI Finance Manager) to
vacancies@corporatestaffing.co.ke before Friday 12th June 2015
Kindly indicate current/last salary on your CV
N.B: We do not charge any fee for receiving your CV or for interviewing
only candidates short-listed for interview will be contacted.
The Recruiting Manager
Corporate staffing Services
Nabui House, 3rd floor, Westlands.
(Next to Unga House)