Chief Finance Officer - Banking at Orchid HR Outsourcing

JOB SUMMARY

Our client in the banking sector and based in Nairobi is seeking to recruit a qualified and experienced Chief Finance Officer (CFO) to strengthen its management team. Reporting to the Chief Executive Officer, the Chief Finance Officer will provide the overall leadership and management of the finance function of the bank. They will be responsible for managing the bank’s financial resources and promoting prudent and just stewardship of its financial resources. This will be achieved by implementing strong systems and policies of internal control that will lead to the production and application of accurate financial data.

KEY RESPONSIBILITIES 

• Offer strategic financial guidance in line with the goals of the organization.
• Formulate and execute financial strategies, budgets, forecasts, and cost containment programs.
• Map the accounting, reporting, finance, taxes, and cash management functions.
• Comply fully with banking regulations, financial laws, as well as regulatory reporting.
• Oversee financial risk management for the entire company, including credit, liquidity, and operational risks.
• Monitor the financial activities and make recommendations on deviations for better profitability and efficiency.
• Provide counsel to the Chief Executive Officer and Board of Directors regarding financial results, capital structure, and strategic investing.
• Oversee relationships with regulators, auditors, finance institutions, and other key external parties.
• Monitor internal control, auditing, and corporate governance structures.
• Promote process improvements and financial system enhancements for greater accuracy, efficiency, and clarity.
• Assist the growth and expansion of the business through financial modelling and analysis.
• Effective capital allocation and balance sheet management within the organization.
• Lead, develop, and build teams of finance, accounting, and treasury professionals.
• Engage with other departments and support operational planning and overall business performance.
• Monitored financial performance of branches for alignment with financial policies set by head office.
• Ensure accurate and timely preparation of management accounts, statutory reports, and board papers.

QUALIFICATIONS, EXPERIENCE AND KNOWLEDGE 

• Minimum of 5 years’ progressive experience in the banking sector.
• Previous experience as a Bank Manager or Branch Manager is mandatory.
• Bachelor’s degree in Finance, Accounting, Economics, or a related field (Master’s degree or professional certification such as CPA, ACCA, or CFA is an added advantage).
• Strong understanding of banking operations, financial controls, and regulatory frameworks.
• Proficiency in accounting software and core banking systems; advanced knowledge of Microsoft Excel and financial reporting tools.
• Proven leadership, decision-making, and strategic planning abilities.
• Excellent analytical, communication, and stakeholder management skills.
• High level of integrity, attention to detail, and ability to work under pressure in a fast-paced environment.