Finance Manager – REF – FM/CBS/2/23
Our Client, a large
well-established Non-Withdrawable Deposit Taking Sacco based in Nairobi is
seeking to fill the position of a Finance
Manager
Reporting to the Chief
Executive Officer, the Finance Manager will be involved in the development and
delivery of the financial strategies, which support Sacco’s overall strategic
goals and objectives. They will also provide support to the CEO, the Board, and
the staff in providing efficient service to the Sacco members.
Duties and
Responsibilities
- Manage and supervise the Finance Department team.
- Generally, safeguard the integrity of the Society’s
data and maintain proper books of accounts for the Sacco.
- Ensure preparation of Sacco financial statements
& reports on a regular basis and submit them to the Chief Executive
Officer.
- Ensure compliance with existing Sacco accounting
policies, procedures, and International Accounting Standards.
- Ensure all necessary Sacco accounts are reconciled
at all times and coordinate to resolve any issues with the Stakeholders.
- Ensure Sacco’s financial transactions are accurately
recorded and updated at all times.
- Ensure all statutory returns and payments are made
on time.
- Safeguard all assets of the Sacco.
- Advise the CEO and Board of Directors on prudent
financial management and investment undertaking by adopting sound
financial policies for optimum utilization and returns.
- Prepare and implement the finance department’s
annual work plan.
- Attend relevant Board Committee meetings and share
management reports with the Board
- To manage all aspects of the finance operations
within the department
- Ensure that a sound internal control system is in
place to guard against accounting errors; ascertain completeness in
records and safeguard the Sacco’s assets against avoidable losses.
- Ensure adequate liquidity for the Sacco to meet all
Sacco obligations when due.
- Preparation, reviewing, monitoring, and managing
budgets.
- Ensuring implementation of audit recommendations
within the agreed timelines.
Qualifications
- A degree in Commerce / Business Administration with
an ACCA/ CPA (K) and must be an ICPAK member in good standing.
- At least 5 years experience in carrying out finance
functions preferably in Cooperative movement 3 years of which should be in
a managerial position.
- Conversant with SACCO Act, Co-operative SASRA
requirements, and IFRS.
Key Competences
- A person of integrity with excellent analytical and
report-writing skills.
- Strong leadership and organizational skills.
- Results-oriented with strong analytical skills and
strategic thinking.
- Ability to work independently and effectively on
strict deadlines.
- Good communication, presentation, and interpersonal
skills.
- Knowledge of computerized banking systems.
How to Apply
Interested and qualified
applicants are requested to click
on the link below and fill out the online application form by
15th February 2023.
https://forms.office.com/r/i1xiSHg5e4
Any applications received
after the closing date shall not be accepted.
Only shortlisted
candidates will be contacted.
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