Finance Manager at Kenya Union Of Savings & Credit Co-operative Limited

Job Reference No.    FM/QS/01/2020
Location    Wundanyi
Type of engagement    Permanent

Job Description

•     To develop and maintain a financial system that provides fast, up to date and timely financial reports in the SACCO
•     To prepare society budgets based on inputs from departmental/sectional managers as well as Board of Directors and other stakeholders
•     To prepare timely, accurate and reliable financial reports for decision making by the Board.
•     To conduct reviews and evaluations for cost control/ reduction opportunities and prepare economic reports
•     Ensure production and review of monthly Management accounts and associated reconciliations within the specified monthly deadlines
•     To maintain proper books of account according to the Cooperative Societies Act, International Financial Reporting Standards (IFRSs), other legislations and

regulatory requirements

•     To implement necessary types of internal controls, financial or otherwise
•     To develop and maintain efficient cash flow management techniques to meet daily cash demands by customers in FOSA and BOSA
•     To liaise with Government and other regulatory bodies in all matters related to taxes, collection of outstanding debts and accounting reporting

requirements

• Analyze market and competitor trends
• To maintain proper and up to date registers of fixed assets, fixed deposits, investments, Board of Directors allowances
• Manage the staff payroll
• To manage the development and introduction of new investment opportunities, projects, liaise with external financiers and donors for the generation of expanded revenues for the SACCO
• To implement recommendations from government regulatory bodies, BOD, internal and external audit reports based on agreements arrived at with BOD

Qualifications:

•     A Bachelor of Commerce/ Business Administration degree (Finance or Accounting) or its equivalent from a recognized University
•     CPA (K)
•     Member of a relevant professional body

Skills and Desired Qualities:

•     High financial management capability.
•     Judgment and decision-making ability
•     Strong analytical, financial reporting, and presentation skills with the ability to present complex issues clearly and concisely
•     Accuracy and attention to detail
•     High leadership and administrative capacity
•     Ability to plan and execute tasks with minimal supervision
•     Excellent communication and interpersonal skills.
•     Good IT skills and Proficient in Microsoft office suite

Experience:

Minimum 5 years relevant experience