Finance Manager at Angaza

Responsibilities:

Finance Operations

• Develop operational strategies, processes and procedures, and manage financial day to day operations for the subsidiary
• Build and implement, with the support of Angaza's central finance team a cost effective, efficient and compliant finance organization for the provision of credit solutions in the Kenyan market, including but not limited to:
• Advise on local regulations and practices and help assess tradeoffs and risks to help Angaza operate and grow its business
• Manage financial relationships with the company's channel partners and customer care partners, including payments and all financial aspects of the relationship
• Provide financial leadership to the commercial and customer support teams with regard to the company's channel partner and client management programs
• Lead on all financial matters for the Kenyan subsidiary
• Hire, oversee and support the finance team with dynamic leadership that creates an environment of trust and productivity
• Contract and manage advisors, currently external bookkeeper and tax advisor.

Budgeting and Financial Planning

• Develop and manage cash forecasting, budgeting and long-term planning process
• Achieve budgeting goals with proper scheduling, analysis, and corrective action
• Provide comprehensive financial updates to senior management and central finance by evaluating, analyzing, and reporting appropriate data points

Accounting and Monthly Close

• Manage and monitor all accounts, ledgers, and reporting systems ensuring compliance with appropriate accounting standards and regulatory requirements
• Maintain internal control safeguards for the receipt of revenue, costs, and both team and organizational budgets and actual expenditures
• In conjunction with Angaza's CFO, establish financial and operating benchmarks, budgets, program monitoring, and reporting standards
• Implement consistent accounting policies, practices, and procedures across all programs, upholding local legal standards by remaining knowledgeable about existing, new, and future legislation

Cash Management

•  Provide cash forecast for the entity to Angaza's central Finance team
•  Ensure continuous funding of all the entity's operations; optimize costs
•  Manage local banking relations

Controls, Compliance, & Tax

•  Develop, implement, and maintain financial controls and guidelines
•  Seek and analyze information relative to local laws and regulations to help the central finance team formulate policies and make decisions
•  Develop and enforce internal controls to maximize the protection of company assets, policies, procedures, and workflow
•  Oversee tax reporting and ensure timely payment of all taxes to KRA
•  Ensure overall compliance with all relevant regulations in Kenya

Competencies and Expertise:

• Bachelor's degree in business, accounting, or related field; master's degree preferred
• 7+ years of proven accounting experience (experience as a senior-level accounting or finance manager preferred)
• Professional accounting or financial certification - strong knowledge of accounting standards (IFRS and/or US GAAP)
• Strong understanding of lending/digital lending, data protection and related regulations and processes
• Strong understanding of Kenyan tax laws and practices. Knowledge of tax systems of other African countries desirable
• At least 5 years' experience in fintech /BNPL companies in Kenya or other comparable countries required for this position, of which 3 as a finance manager

You...

• Thrive in a cooperative, dynamic environment
• Are passionate about the challenges of developing and implementing innovative financing business models
• Have strong quantitative, problem-solving, and project management skills
• Demonstrate excellent written and verbal communication skills
• Pride yourself on attention to detail
• Exemplify Angaza's key values: maximizing impact, empathetic, courageous, trustworthy, curious, and collaborative