Head of Finance at SMEP Microfinance Bank

HEAD OF FINANCE (HR/09/25) – RE-ADVERTISEMENT

Reporting to the Chief Executive Officer, the job holder will be responsible for effective strategic and operational financial planning, monitoring and reporting and ensuring compliance with local and international reporting and accountings standards and procedures. Together with the rest of the Senior Management, they will support the Chief Executive Officer in the formulation of the Corporate Strategy and implementation for the overall profitability and sustainability of the Bank

KEY DUTIES AND RESPONSIBILITIES

• Responsible for strategic financial planning in the Bank and ensuring compliance to internal financial and accounting policies and procedures
• Responsible for compliance with pertinent local regulations and accounting practices and IFRS accounting standards
• Development, monitoring and submissions of timely and accurate financial statements and reports that will guide Management and the Board in strategic decision making
• Development and implementation of the Finance Department strategy and managing the bank’s financial accounting, monitoring and reporting systems
• Providing sound leadership to the Finance team, and promoting cross functional collaboration and efficiency
• Oversights and Team leads annual budgeting and planning process
• Ensures remittance of all statutory deductions and compliance with acceptable financial standards
• Manage organizational cash flow and forecasting and ensure that there is enough resources to transact business, including the management of digital platforms
• Coordinate and lead the annual audit process, liaise with external auditors and the finance committee of the board of directors
• Manage the acquisition of assets and ensure that they are properly recorded, amortized, and disposed of as appropriate
• Advises the management on investment decisions taking into consideration risk and liquidity.
• Oversees the capital structure of the Bank, determining the best mix of debt, equity and internal financing.

Qualifications

• A Bachelor's Degree in finance, accounting, commerce, business administration, or an equivalent qualification from a university accredited by the relevant authorities in Kenya.
• Professional certification such as CPA (K), ACCA, CFA, or an equivalent qualification is required.
• A Master’s Degree in a relevant field will be considered an added advantage.

Competencies and Experience

• A minimum of 7 years of progressive management experience is required.
• The ideal candidate will demonstrate strong leadership, analytical, and communication skills.
• Candidates must be practicing Christians who uphold and embody Christian values in their professional conduct.