FINANCE MANAGER
We are a market leader
in the SACCO industry located in Nairobi and offering FOSA services to our
members. As part of our growth strategy, we are looking to hire a qualified
staff to fill the above position. The job holder will be expected to offer high
level financial leadership in regards to the Sacco’s operations. The position
holder is also responsible for leading, controlling and forecasting the
society’s investments, savings and cost management activities.
Responsibilities
• Developing,
maintaining and enforcing sound financial processes, procedures and controls
and ensuring compliance to both internal, regulatory and international
reporting requirements across the society including overseeing compliance with
applicable laws, regulations, policy and procedures.
• Be the financial advisor to the CEO and the Board of Directors on all
financial matters, funds and liquidity management in the society
• Undertake continuous risk assessment and apply effective internal controls
• Overseeing the flow of cash and financial instruments and management of
financial partners for optimal returns including Treasury and cash management
• Planning, coordinating and directing the activities of branches and branch
managers.
• Collecting, interpreting and reviewing financial information including
overseeing all mandatory financial reconciliations in the business to ensure
they are done within the set deadlines
• Prepare and implement finance department annual work plan including
predicting future financial trends , opportunities and financial risks and
advising on action plans.
• Reporting to management, the Board and stakeholders, and providing advice on
how the society’s future business decisions might be impacted by current
activities and trends
• Producing financial reports related to budgets, income/revenue, loans and
loans provisioning, portfolio at risk, account payables, account receivables,
expenses among others and developing long-term business plans based on these
reports
• Preserve and grow Sacco financial assets
• Reviewing, monitoring and managing the Sacco annual budgets
• Developing strategies that work to minimise financial risk
• Collaborate with Auditors & regulators
• Analysing market trends and competitors
Qualifications
• CPA (K) or any
other Locally recognized Financial professional qualification, membership of
ICPAK in good standing is mandatory
• A degree in finance or accounting is mandatory and a post graduate degree in
related fields is an added advantage
• 8 years working experience with at least five (5) years’ experience in a
financial field at senior level, experience in DT Sacco will be added
advantage.
• Conversant with SACCO regulations and financial institutions reporting
requirements, including SASRA and CBK requirements and IFRS.
Competencies
• Must portray
leadership and strong interpersonal and report writing skills.
• Strategic thinker, result oriented and an open analytical mind.
• Ability to work independently and effectively on strict deadlines
• Good communication and organizational skills
• High degree of integrity
• Knowledge of computerized banking systems
• Negotiation skills and the ability to develop strong working relationships
• Commercial, risk and business awareness
• A keen eye for detail and desire to probe further into data
• An agile thinker
• Diligence and prudential character who will not blindly follow instructions
from title holders.
How to Apply
Shortlisted candidates
will be required to provide following certificates in compliance with chapter 6 of the
constitution: HELB clearance, Certificate of good conduct less than 12 months,
CRB clearance certificate.
Candidates who meet the
minimum requirements are invited to send their detailed CV including 3 referees to saccohr@Safaricom.co.ke by 24th June 2021. You are also required
to fill and submit the below google form. Only shortlisted candidates will be
contacted.
Google form: https://docs.google.com/forms/d/e/1FAIpQLSfMojDbZLD0qVwJ8Smw-VG3SlOYYq4S91f-5qAAoIZb5n_YRg/viewform?usp=sf_link
Interested Candidates must
fulfill the requirements of chapter six of the constitution of Kenya 2010.
