Job Title: Assistant Finance and Administration Manager - Microfinance
Industry: Microfinance
Location: Nairobi
Salary: 60k
Our client, a unique microfinance
institution offering micro credit solutions, to positively transform the lives
of their customers and other stakeholders.
Candidates working in the same
position are encouraged to apply.
Key Responsibilities
- Support the development and implementation of
the Bank’s strategic and business plan through allocation of financial
resources to ensure proper management of financial resources and assets of
the company.
- Manage the utilization of company finances
according to established policies, plans and procedures. Assist in
carrying out financial planning using projection models and other
financial tools and disseminate the information to the various
stakeholders within and without the organization.
- Monitor performance against financial plans
and provide relevant and timely information to the Board, Senior
Management peers, Departments, branches and other stakeholders.
- Provide accurate and timely periodic financial
reports and other reports to the various stakeholders as per policy or on
need basis; prepare reports for management, directors, auditors, regulators,
government agencies and departments including for tax compliance purposes.
- Coordinate with the external auditors to
ensure timely and expeditious facilitation external auditing requirement
and statutory reporting of financial performance.
- Manage the preparation of financial proposals
and related supporting documentation for donor funding, external
financiers, commercial financing, regulatory and government authorities,
external auditors, and financial consultants as needed.
- Implement policies and procedures to guide the
management of the investment portfolios in the bank.
- Provide, on need basis, financial information
to internal customers for use in their various departments and act as
liaison for the finance department.
- Ensure reliability and integrity of financial
and operating information systems
- Assist in the supervision of budget
preparation and consolidation of annual projections
- Manage balance between risk and return by
maintaining a positive spread between the interest rates on earning assets
and the interest cost of funds
- Manage all payments, and collection &
banking of revenue
- Manage all capital expenditure and procurement
for the bank
- Oversee funding requirements and liquidity
management of the bank
- Safeguard cash balances and oversee inter
branch transfers
- Ensure proper custody of security, deeds and
other important documents
- Ensure that the organization does not suffer
financial loss through fraud and error by ensuring that assets are
safeguarded and by closely maintaining and monitoring efficient and
adequate internal control systems
- Supervise the running of the finance
department to ensure adherence to bank’s policies, procedures and
regulations.
- Ensure that the organization is continuing to
meet the grant compliance requirements and act as the liaison person with
donors for financial reporting of grants.
- Ensure compliance with laid down conditions
and terms pertaining to loan agreements with external financiers.
Skills and Qualifications Desired
- Bachelor’s degree in Commerce (Accounting
option) or Finance/Business Administration/Economics or related field.
- Masters degree in Business Administration
(Accounting/Finance) and added advantage
- Training in microfinance or banking field will
be an added advantage
- Must be a CPA (K) or ACCA finalist in related
accounting, finance or audit field
- Member of ICPAK
- Thorough knowledge of financial services/Micro
finance industry policies and regulatory requirements as relates to MFI
institutions.
- Have 3 years relevant work experience in a
similar position preferably in a financial environment.
If you are up to the challenge,
posses the necessary qualification and experience, please send your CV only
quoting the job title on the email subject (Assistant Finance and
Administration Manager - Microfinance) to
vacancies@corporatestaffing.co.ke before Wednesday 27th January, 2016
Kindly indicate current/last salary on your CV
Kindly indicate current/last salary on your CV
N.B: We do not charge any fee for receiving your CV or for interviewing
Only candidates short-listed for interview will be contacted.
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