Finance Manager at Microfinance Institution - Corporate Staffing

They seek to hire a Finance Manager who will be Responsible for the overall maintenance of accounting books and systems. As such s/he will sanction all transactions posted in the accounting Management Information Systems.

Job Responsibilities

• To ensure compliance with organizational and statutory financial policy requirements
• Prepare monthly and annual reports & make recommendations for update of financial policy and procedures as necessary.
• Responsible for CBK reporting and timeliness in returns submission.
• In consultation with the CEO, maintain and operate bank accounts of the bank so as to ensure efficient management of the financial resources.
• Forecast cash flow requirements and initiate interbank transfers to meet cash needs.
• Prepare bank reconciliation statements to keep track of balances
• In consultation with the CEO and heads of department, ensure preparation and maintenance of organization’s financial forecast and more particularly
• Annual budget of the organization
• Annual budget variance
• Five year business plan
• Responsible for the design of procurement policies and procedures as well as their enforcement.
• To deal with rent commitments, office furniture/equipment, utilities, sanitation, security and transport.
• Responsible for regular servicing of equipment and therefore will deal with external customers such as Auditors, banks, landlords, suppliers and service providers.
• Perform any other relevant duties as may be assigned by CEO and Executive Committee

Job Qualifications

• Hold a Bachelors degree in Finance, Accounts, Business Administration or related field.
• Be a qualified Certified Public Accountant or its equivalent.
• Have a minimum of three (3) years’ experience in a Finance Department in a bank or a financial institution regulated by Central Bank of Kenya (CBK), with proven track record.
• Understand the Banking Act, the CBK Prudential Guidelines and general laws related to Banking.
• High levels of professionalism and professional development.
• Management and leadership ability: Have excellent interpersonal and people management skills.
• Computer skills: Adept in use of Ms Word, Excel, Access, power-point, Internet and email.

Supervisory Responsibilities

• Finance officer/assistant, Head office support and non-support staffs

Working Contacts

• Internal- with all departments in the Head Office and the branch network.
• External- Customers, suppliers, Government Institutions.