Job Title: Chief Finance Officer
Hiring Organization: LifeBank
Location – Locality: Nairobi
Location – Region: Kenya
Industry: Healthcare
Technology and Logistics
Job Type: Full
Time
Salary: KES
Competitive
Date Posted: 03/22/2024
LifeBank
is on a mission to save a million lives through ensuring adequate blood
supplies, helping hospitals discover essential medical products, and delivering
these products on time and in the right condition.
Function of the Role
The CFO
will be responsible for overseeing all the financial operations of LifeBank,
including accounting, financial reporting, tax, business control and treasury.
S/he will direct the company’s financial objectives, control the company’s
finances, establish financial policies, manage financial risk, manage the
company’s financial relationships with banks, manage financial recordkeeping,
as well as oversee the finance department. The candidate will play a key role
in closing all financing rounds of the company.
Key
Responsibilities
- Ensure
key financing rounds are closed quickly and smoothly.
- Develop
financial models for the company as it grows and expands across Africa
taking into account its unique business drivers
- Identify,
develop and execute analysis of business initiatives, product launches
and/or new service offerings.
- Draft
relevant financial operating practices and ensure these policies are
implemented.
- Responsible
for internal and external audit
- Ensure
tax, legislative and statutory requirements are met
- Ensures
financial and operational compliance within all business units and look
for effective methods to optimise company revenues
- Set
operational policies for actuarial valuation of the business.
- Look
for opportunities to minimise tax liabilities of the organisation.
- Management
of all banking operations, inclusive of practices and policies.
- Manages
corporate financing, liquidity risk and cash flow for policyholders and
shareholders through the finance team.
- Analyses
business, financial and general operating information to identify trends
and opportunities for development and produce management information to
ensure that business developments remain financially viable.
- Analyses
and monitors the effect of budget or policy changes on business unit
productivity.
- Assists
in deciding on the financial and business viability of new and existing
projects and programmes
- Responsible
for creating annual and quarterly budget targets of the company, and
ensuring compliance with budget allocations and policies
- Drafting
and ensure all reporting obligations of the company are met within given
timelines
- Coordinate
all regulatory obligations of the company to ensure prompt compliance
- Perform
other duties assigned to it by the CEO
Requirements
- MSC
in
- Accounting
- Finance
- Business
Administration
- Professional
Finance Certification
- Chartered
Financial Analyst
- ACA
or ACCA Qualification
Experience
4-7
years’ experience in a similar role
Experience of working in a fast-paced and busy environment with competing
demands on time and resources
Skills
and Abilities
- Financial
planning and strategy
- Managing
profitability
- Strategic
planning and vision
- Quality
management
- Promotion
of process improvement
- Forecasting
- Budget
development
- Good
negotiation skills
- High
level of professionalism
- Result-oriented
team player with exceptional motivation and interpersonal skills.
- Relationship
management skills and openness to feedback
- Good
written and verbal communication skills
- Good
initiative, time and stress management skills
- Strategic
thinker
Personal
Attributes
- Have
a deep desire to work in the startup industry and be flexible to adapt to
a dynamic environment
- Confident
and pleasant
- A
tech-savvy and knowledgeable of current trends
- Loves
a challenge
- Work
Environment
- Work
in the office
- Required
to work overtime, on weekends and travel if necessary