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  • Posted: Sep 27, 2023
    Deadline: Not specified
  • Never pay for any CBT, test or assessment as part of any recruitment process. When in doubt, contact us

    Choice Microfinance Bank is a community based microfinance bank headquartered in Rongai, Kajiado County, Kenya. We offer a full range of Microfinance banking and financial services with a level of personalized service that we hope will exceed your expectations. Please come visit us and we will tailor our services to meet your specific financial needs. Vis...
    Read more about this company


    Finance Officer

    About the job

    Choice Micro Finance Bank is a leading Micro Finance bank in Nairobi, Kenya. We are looking to hire a Finance officer. This position will be based in, Nairobi County.

     The primary duties and responsibilities of this position entails: -

    •  Manage the Monthly/Quarterly/Annual financial reporting and submission as per Group’s timelines, ensuring proper controls on financial reporting in compliance with IFRS/IAS, Companies Act, and Taxation Act, IRA guidelines and the Company’s policies and procedures.
    •  Manage, review, and approve all payments within the board-approved limit for the bank expenses
    •  Manage the receivables process by ensuring adherence to Choice MFB credit policy daily/weekly tracking and reporting of receivables.
    •  Assist in the audit process, review the submissions for external audits and closure of audit queries.
    •  Manage the liquidity position of the unit ensuring accurate plan of cashflows and assists in investment of excess liquidity in line with the investment policy.
    •  Manage the reconciliation of all ledger accounts of the unit for accuracy of the monthly GL reconciliations and Bank reconciliations.
    •  Provide accurate and timely financial planning and budgeting input for the unit in compliance with the Choice MFB guidelines.
    •  Review the expenditure plans, track expenditure as per budget and analyze and report any significant variance to management with recommended actions. Ensuring all taxes are filled/paid in time in compliance with the relevant regulations.

    The Person
    The ideal candidate will have the following qualifications

    •  Bachelor’s Degree in Commerce (Finance or Accounting Option), Economics or a related field
    •  Professional Qualifications in Accounting (CPAK/ACCA)
    •  At least 2 years experience in a bank or any micro-finance institution

     Key Competences

    • A person of integrity with excellent analytical and report-writing skills.
    • Strong leadership and organizational skills.
    • Results-oriented with strong analytical skills and strategic thinking.
    • Ability to work independently and effectively on strict deadlines.
    • Good communication, presentation, and interpersonal skills.
    • Knowledge of computerized banking systems
    • Have worked in a start-up and fast paced environment

    Method of Application

    Applicants should submit their application together with a detailed resume, copies of testimonials and a daytime telephone number to the Head of Human Resources or email to by 29th September,2023.

    Only short-listed candidates will be contacted. Interviews will be done on a rolling basis

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