Fountain
Enterprises Programme
Job
Title: Finance Manager
Section /
Department: Holdings
Job Category: Job Group “F”
Reports
To: Group Finance
Manager
Location / Branch: Nairobi, Kenya
Main Purpose
of the Job: To
oversee overall Management of financial and accounting systems, controls
standards, policies and practices of the company and assigned SBU’s.
Main
Responsibilities
·
Oversees the
continuous preparation of timely financial management reports for the decision
making and drawing attention to matters affecting or likely to affect the
various areas of the business.
·
Establishes,
review and implement existing financial management policies and procedures and
ensure full implementation and compliance by all staff
·
Directs and
ensures maintenance and accuracy of general and subsidiary ledgers, accounts
receivable, revenue distribution, receipts and expenditures, depreciation,
cost, property, and operating expenses.
·
Ensures
adherence to effective and efficient credit management system
·
Ensures
effective cash flow management for Divisional SBU’s in liaison with SBU
accountants
·
Ensures
timely preparation of books of accounts for statutory Audit and liaises with
the internal and external auditors
·
Continuously
designs and maintains comprehensive internal controls to ensure best practice
and compliance with GAAP and applicable laws and rules for financial and tax
reporting.
·
Ensures
preparation of all accounting reconciliations and ensures the relevant
adjustments are raised
·
Ensures all
statutory compliance with the relevant authorities such as NSSF, NHIF, PAYE,
VAT, instalment & Corporation Taxes and the management of other statutory
commitments.
·
Ensure
effective controls on project funding by reviewing projects budgets, accounting
for disbursements, and overall project cost management
·
Ensures
scheduling of stock take exercises reviews stock valuation reports.
·
Coordinates
annual budgeting excise for the division and ensure budgetary monitoring and
control.
·
Oversees
custody of the Divisional asset registers and ensures that all assets of the
company are insured.
·
Liaises with
the financiers and ensures all bank facilities are promptly serviced.
·
Perform other
related tasks as assigned.
Key
Deliverables of this position
·
Effective
management of finances, cash flow management, credit management procurement
processes, ledger accounts
·
Accuracy and
timely preparation of Budgets, effective budgetary controls and financial
reports
·
Implementation
and review of internal controls mechanisms to ensure best practice (cost,
inventories, assets etc).
·
Professional
relationship with internal and external stakeholders including auditors, KRA,
bankers, employees, customers, suppliers and other stakeholders.
Direct
Reports (Jobs reporting to this position): Divisional Accountants,
Unit accountants(For the specific SBU’s)
Key Interfaces
Key Interfaces
Internal
·
Board
·
All staff
External
·
Suppliers
·
Auditors
Academic
Qualification
·
Degree in
Business or related field
·
CPA (K) or
its equivalent
Professional
Skills
·
Presentation
Skills
·
Reporting and
Communication Skills
Job /
Functional Skills
·
Numerical
excellence
·
Attention to
detail
·
Statutory
Compliance
·
Audit
Exposure
Relevant
Experience
·
At least 5
years of relevant experience
Job
Title: Internal Auditor
Section /
Department: Internal
Audit
Job Category: Job Group “D”
Reports
To: Group Audit,
Risk and Compliance Manager
Location / Branch: Nairobi, Kenya
Location / Branch: Nairobi, Kenya
Main Purpose
of the Job: Ensure
that the company and all its subsidiaries comply with the laid down internal
procedures and the legal provisions required.
Main Responsibilities
·
Carrying out
independent assessment of business and operational risks
·
Assist in
developing and implementing audit plans, programs and tests.
·
Reviewing
existing internal control systems and procedures
·
Assisting in
ensuring efficient use and accounting for company assets and safeguarding
against loss.
·
Assist in
assessing whether all the business units within the group comply with group
policies and procedures.
·
Assist in
assessing whether all the business units within the group comply with various
government legislations and laws that regulate the respective businesses.
·
Prepare audit
findings on all observations for review by Group Audit, Risk and Compliance
manager and address all review questions.
·
Participate
in assets count and verification
·
Maintain
audit working papers and risk based audit test for each assignment.
·
Conduct
system documentation for each business cycle.
·
Test adequacy
and effectiveness of systems in place.
·
Carry out
investigations as directed by Group Audit, Risk and Compliance Manager
·
Conduct ad
hoc assignments
·
Perform other
related tasks as assigned.
2 or 3 Key
Deliverables of this position
·
Preparation
of Risk Register
·
Preparation
of Audit reports
·
Monitoring of
implementation of audit recommendations
·
Reporting on
compliance to standards and statutory regulations by all SBUs
Key
Interfaces
Internal
Internal
·
Board
·
All staff
Academic
Qualification
·
Masters in
Accounting, Audit or Finance
·
CPA (K) or
its equivalent
Professional
Skills
·
Four (4)
years of verifiable experience internal audit and compliance
·
Experience in
internal controls
Job /
Functional Skills
·
Numerical
skills
·
Analytical
·
Reporting
Relevant
Experience
·
At least 4
years of relevant experience
Job
Title: Operations
Manager
Section /
Department: Fountain
Micro Finance Bank (In Formation)
Job
Category: Job Group “F”
Reports
To: General
Manager
Location / Branch: Nairobi, Kenya
Location / Branch: Nairobi, Kenya
Job
Summary: To oversee
the day to day operations of the microfinance operations and managing the
bank’s operations team to deliver effective financial services to
clients.
Main
Responsibilities
·
Initiate
process and quality reviews and contribute to plans that deliver process
improvements ensuring effective implementation and ultimately improved
productivity
·
Contribute to
the development and implementation of credit policy which provides suitable
protection and facilitates business growth and asset distribution.
·
Monitor and
report on the implementation of loan policies and procedures; evaluate loan
vetting structures and enforce credit standards according to company goals and
policies.
·
Direct and
guide all operational procedures and controls through the development and
implementation of procedures and controls to promote communication and adequate
information flow, and thereby manage operational risk and solidify management
control and the direction of the business unit.
·
Improvement
in operating procedures to increase profits and/or make the business unit more
efficient
·
Developing
strategies and implementation plans to improve and standardize all aspects of
operations
·
Lead and
manage the team to deliver a culture that supports and contributes to the
achievement of financial objectives of the business and meets service
standards.
·
Support the
Regional managers’ efforts to increase employee productivity by assisting to
coordinate and manage the activities in Business Finance and assist to develop
and implement strategies for increasing growth.
·
Produce
timely, detailed management reports as needed for monitoring and management of
all business finance operations
·
Management of
registry and archives
·
Perform other
related duties as assigned.
2 or 3 Key
Deliverables of this position
·
Smooth and
efficient operations for the micro finance bank.
·
Effective use
of the resources and capacities available.
Direct
Reports: Marketing
Officers, Credit Officers, and Relationship Officer ICT Officer, and Customer
Service Officer, Corporate bankers.
Internal Key Interfaces
Internal Key Interfaces
·
Staff
·
Customers
External Key
Interfaces
·
Service
providers
Academic
Qualification
·
A Business
related Degree or equivalent, a masters will be an added advantage.
·
CPA (K) or
its equivalent
Professional
Skills
·
Presentation
Skills
·
Reporting and
Communication Skills
Job /
Functional Skills
·
Multi-tasking
skills
·
Sound
Financial skills
Relevant
Experience
·
At least 5
years of relevant experience in a Senior Management role and dynamic team.
How to Apply
Applications should be sent to recruitment@fep-group.com not later than Wednesday 28th October, 2015 COB.
Applications should be sent to recruitment@fep-group.com not later than Wednesday 28th October, 2015 COB.
Applicants
are requested to state on their application, their current/Most recent and
expected salary.