Our client, a renowned church based
microfinance bank seeks to hire a talented individual in the position of Finance and Strategy Manager whose job profile is
described below.
Vacant Position: Finance & Strategy Manager
Vacant Position: Finance & Strategy Manager
Reporting: CEO
Liaison: Heads of Departments
Job Summary: The incumbent will be responsible for Management of the Bank’s financial functions of budgeting, cost management, financial reporting, compliance monitoring, liaison with strategy development and execution monitoring as well as staff performance supervision,
Key Duties and Responsibilities
·
Prepare
timely financial statements and reports as required by all pertinent laws and
regulations and deemed necessary and demanded from time to time by the Board of
Directors.
·
Regulate,
supervise and implement a timely, full and accurate set of accounting books of
the Bank reflecting all its activities in a manner commensurate with the
relevant legislation, regulation and internal guidelines.
·
Coordinate
effective treasury management to ensure effective cash flow and cash flow
analysis.
·
Prepare,
control and monitor the organization’s revenue, capital and expenditure budget
in line with the strategic and operation plans of the organization.
·
Create
and maintain strong financial discipline by planning, controlling and reporting
on the organization’s financial performance to the Board and Senior Management
on a monthly, quarterly, half yearly and yearly basis.
·
Liaise
with external auditors and regulatory bodies to ensure that all financial
transactions are compliant with existing regulatory instruments and accounting
standards.
·
Monitor
fixed assets register, provision accounts and investment portfolio.
·
Liaise
with ICT department in the acquisition of the necessary software for the
finance function.
·
Maintain
a good working relationship with the financial institutions with the aim of
securing funds necessary for the operations of the organization.
·
Alert
the Board of Directors regarding any irregularity, lack of compliance, lack of
adherence and problems concerning the financial systems, financial plans and
financial operations which could have a negative financial implication.
·
Oversee
daily operations of the Accounts and Finance Department.
·
Direct
and coordinate company’s financial planning
·
Establish
and implement short and long term departmental goals, objectives, policies and
operating procedures
·
Supervise
and train accounts and finance staff
·
Advise
the CEO and the Board of Directors on all financial and accounting matters of
the Bank.
·
Monitor
and analyse monthly operating results against budget.
·
Manage
the Bank’s cash flow position.
·
Ensure
compliance with Government requirements in relation to budgetary preparation
and approvals.
·
Prepare
Corporate Tax returns and ensures that the Bank adheres to all tax laws and
other financial statutory requirements.
·
Work
with the senior management team and Directors to develop strategic plans and
annual business plans for the bank
·
Participate
in mobilization of lending resources and sits in various committees of the
institution including ALCO, Tender Committee, Senior Management, ICT Steering
committee and others that may be established from time to time.
·
Carry
out any other duties as assigned from time to time by the CEO
Qualification, Competencies Required
·
University
degree in Accounting, Commerce, Economics or Business Management/Administration
or related business degree
·
Masters
degree in strategic management will be an added advantage
·
Certified
Chartered Accountant/ Certified Public Accountant.
·
Current
member of Institute of Certified Public Accountants of Kenya (ICPAK) with a
valid membership Certificate
·
5-8
years working experience in busy accounting/finance function preferably in a
financial institution. At least 3 years must be in a management position
Interested and qualified candidates are
invited to submit their cover letter and detailed CV to recruitment@postureconsulting.com,
clearly stating the job you are applying for in the Email subject and current
& expected Gross salary.
Closing date for application is 4th January 2018
You can also visit our website on www.postureconsulting.com
Only shortlisted candidates will be contacted
Closing date for application is 4th January 2018
You can also visit our website on www.postureconsulting.com
Only shortlisted candidates will be contacted
