Fountain Enterprises Programme
Job Title: Finance Manager
Section / Department: Holdings
Job Category: Job
Group “F”
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.