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Finance Manager Job in Nairobi Kenya

Position: Finance Manager - Mobile Financial Services (MFS)  
Region: Nairobi
Reporting to: CFO
Range: R2U
Department: Finance

Role Purpose: Reporting to the CFO with strong ties to the MFS Business Unit, the Finance Manager - MFS will be the finance expert on Internal controls related to MFS.

They will be responsible for overseeing the MFS finance team and ensuring adequate authorization processes are in place, followed and maintained (incl. authorisation of transfers of money and policies). 

In addition, they will oversee and be responsible for the accuracy and the completeness of all MFS transactions (MFS systems and bank transactions), the management and statutory reporting for the MFS division, and all MFS reconciliations (including bank reconciliations) 

Key Duties and Responsibilities
Define and manage relevant processes and internal controls pertaining to MFS
Ensure timely and accurate production of:
  • monthly management reports
  • monthly statutory accounts
  • monthly financial schedules, including (amongst other things):
1.    Revenues & Financial Performance
2.    Commissions paid and received
3.    Aged analysis of deposits
4.    Cash balances movement
5.    Agent Deposits
6.    Provision for Expenses, etc.
7.    Daily MFS and bank reconciliations
Ensure that relevant taxes are calculated and paid on time 
Monitor agents’ float accounts to ensure that they are within allowed limits
Ensure that all agent withdrawals requests are processed and approved as per the bank mandates and taken to the bank for processing
Review bank reconciliations daily to ensure that all the banking transactions have been uploaded into the MFS system
Train relevant stakeholders/agents on how to access various reports in the MFS system
Oversee and manage the MFS finance team to execute key responsibilities including:
  • Ensuring that the cash held within the MFS bank account is accurately reflected within the MFS system
  • transferring and allocation of agent float and performing agent Electronic Funds Transfer (EFTs), float reconciliation
  • Payout of commissions and Processing internal business and MFS biller payments
Academic / Professional Qualifications
  • Degree in commerce or accounting
  • 5 years’ experience in finance role
  • Qualified Accountant CPA (K)
  • Experience in a bank and cash/treasury environment will be an advantage
  • Experience in the mobile telecommunications sector would be considered a valuable asset
Professional Skills:
  • Strong knowledge of accounting/finance
  • Problem solving and analysis ability
  • Planning and organizing skills
  • Excellent communication skills both written and verbal
  • Strong proficiency in Microsoft Office
  • Time Management
  • Interpersonal skills
  • Must be able to work under pressure and manage multiple projects at a time
  • Facilitation skills
  • Knowledge of accounting
How to Apply

This position is opened to Kenyan citizens only. 

If you fit the required profile, please apply highlighting how your qualifications, experience and career aspirations match the requirements for this position. 

Application should be sent by latest  22nd July 2016, please provide an updated Curriculum Vitae (CV) including details of your current telephone contacts and names of three referees. 

Apply through and quote the job title in the subject field. 

Only shortlisted candidates will be contacted.

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