Finance Manager
Responsibilities:
Finance Operations
- Develop
operational strategies, processes and procedures, and manage financial day
to day operations for the subsidiary
- Build
and implement, with the support of Angaza’s central finance team a cost
effective, efficient and compliant finance organization for the provision
of credit solutions in the Kenyan market, including but not limited to:
- Advise
on local regulations and practices and help assess tradeoffs and risks to
help Angaza operate and grow its business
- Manage
financial relationships with the company’s channel partners and customer
care partners, including payments and all financial aspects of the
relationship
- Provide
financial leadership to the commercial and customer support teams with
regard to the company’s channel partner and client management programs
- Lead
on all financial matters for the Kenyan subsidiary
- Hire,
oversee and support the finance team with dynamic leadership that creates
an environment of trust and productivity
- Contract
and manage advisors, currently external bookkeeper and tax advisor.
Budgeting and Financial
Planning
- Develop
and manage cash forecasting, budgeting and long-term planning process
- Achieve
budgeting goals with proper scheduling, analysis, and corrective action
- Provide
comprehensive financial updates to senior management and central finance
by evaluating, analyzing, and reporting appropriate data points
Accounting and Monthly
Close
- Manage
and monitor all accounts, ledgers, and reporting systems ensuring
compliance with appropriate accounting standards and regulatory
requirements
- Maintain
internal control safeguards for the receipt of revenue, costs, and both
team and organizational budgets and actual expenditures
- In
conjunction with Angaza’s CFO, establish financial and operating
benchmarks, budgets, program monitoring, and reporting standards
- Implement
consistent accounting policies, practices, and procedures across all
programs, upholding local legal standards by remaining knowledgeable about
existing, new, and future legislation
Cash Management
- Provide
cash forecast for the entity to Angaza’s central Finance team
- Ensure
continuous funding of all the entity’s operations; optimize costs
- Manage
local banking relations
Controls, Compliance,
& Tax
- Develop,
implement, and maintain financial controls and guidelines
- Seek
and analyze information relative to local laws and regulations to help the
central finance team formulate policies and make decisions
- Develop
and enforce internal controls to maximize the protection of company
assets, policies, procedures, and workflow
- Oversee
tax reporting and ensure timely payment of all taxes to KRA
- Ensure
overall compliance with all relevant regulations in Kenya
Competencies and Expertise:
- Bachelor’s
degree in business, accounting, or related field; master’s degree preferred
- 7+
years of proven accounting experience (experience as a senior-level
accounting or finance manager preferred)
- Professional
accounting or financial certification – strong knowledge of accounting
standards (IFRS and/or US GAAP)
- Strong
understanding of lending/digital lending, data protection, and related
regulations and processes
- Strong
understanding of Kenyan tax laws and practices. Knowledge of the tax
systems of other African countries is desirable
- At
least 5 years experience in fintech /BNPL companies in Kenya or other
comparable countries are required for this position, of which 3 as a
finance manager
Personal Attributes
- Thrive
in a cooperative, dynamic environment
- Are
passionate about the challenges of developing and implementing innovative
financing business models
- Have
strong quantitative, problem-solving, and project management skills
- Demonstrate
excellent written and verbal communication skills
- Pride
yourself on attention to detail
- Exemplify
Angaza’s key values: maximizing impact, empathy, courage, trustworthy, curious,
and collaborative
How to Apply
Interested and qualified Applicants to click here
to apply for this post.
