Vacancies at Stratostaff

DUTIES AND RESPONSIBILITIES   

Financial Strategy and Planning

• Develop and implement financial strategies aligned with the SACCO’s overall goals.
• Lead financial forecasting, planning, and analysis.
• Advise the CEO and Board on financial implications of strategic decisions.

Budgeting and Financial Management

• Prepare and manage the SACCO’s annual budgets.
• Monitor financial performance and control expenditures in line with budgetary constraints.
• Identify and mitigate financial risks.

Financial Reporting and Compliance

• Oversee preparation of accurate monthly, quarterly, and annual financial reports.
• Ensure compliance with statutory requirements including SACCO regulations, tax laws, and reporting standards (IFRS/IAS).
• Coordinate internal and external audits and respond to audit findings.

Treasury and Investment Management

• Manage the SACCO’s cash flow, banking relationships, and investment portfolio.
• Ensure optimal liquidity and returns while safeguarding SACCO funds.

Leadership and Team Management

• Lead and develop the finance team for high performance.
• Foster a culture of accountability, integrity, and continuous improvement.

Regulatory and Stakeholder Engagement

• Liaise with regulators (e.g., SASRA, Central Bank) and ensure timely compliance with all regulatory requirements.
• Present financial updates and reports to the Board and other stakeholders.

Requirements

QUALIFICATIONS

• Bachelor’s degree in commerce, Business Administration, Finance, or a related field.
• CPA (K) certification is mandatory.
• A postgraduate degree (e.g., MBA or MSc in Finance) is an added advantage

EXPERIENCE

• Minimum of 10 years of progressive experience in financial management, with at least 5 years spent in a senior leadership role.
• Experience in a microfinance institution, bank, or other regulated financial institution is highly desirable.
• Proven expertise in the implementation and optimization of ERP systems, with a strong understanding of financial modules and cross-functional integration.
• In-depth knowledge of financial regulations, including IFRS standards, SASRA guidelines, and CBK reporting requirements.
• Demonstrated expertise in financial planning, budgeting, risk management, and ensuring compliance with statutory and regulatory frameworks.
• Strong analytical skills, with the ability to interpret complex financial data and present insights to senior management and the Board.
• familiarity with digital financial solutions and emerging trends in fintech and the broader financial sector that can enhance operational efficiency, improve decision- making, and elevate the customer experience.

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ROLE PURPOSE  

• The Senior Finance Manager will provide strategic leadership and oversight across all finance functions of the business. This individual will be instrumental in aligning financial management practices with the company’s evolving business model, supporting efficiency, transparency, and informed decision-making across the organisation. The role requires a high level of trust, the ability to navigate and understand multiple business streams, and the interpersonal skills to lead teams and foster cross-functional collaboration.

DUTIES AND RESPONSIBILITIES   

•  Lead the overall finance function of the company, including budgeting, financial reporting, cash flow management, forecasting, compliance, and audit coordination.
• Provide strategic financial advice to the leadership team, supporting business planning and investment decisions.
• Oversee financial operations across the company’s construction and real estate divisions, developing a deep understanding of each unit’s drivers, risks, and opportunities.
• Maintain robust internal controls and financial systems that support accuracy, compliance, and timely reporting.
• Guide the company’s financial strategy in line with its shift from traditional roadworks to diversified construction and property development.
• Lead and develop the finance team, creating a collaborative, accountable, and high-performance culture.
• Maintain relationships with banks, auditors, tax authorities, and other stakeholders.
• Work closely with heads of department to provide financial insight that supports operations, procurement, project management, and growth initiatives.
• Monitor and manage company-wide financial risk and implement mitigation strategies.
• Support the preparation of board reports and investor presentations where necessary.

Requirements

QUALIFICATIONS & EXPERIENCE

•  Bachelor’s degree in Finance, Accounting, Economics, or related field.
• CPA-K or ACCA qualification is required.
• A Master’s degree in Finance, Business Administration, or related discipline is an added advantage.
• At least 10 years of progressive experience in finance roles, with a minimum of 5 years in a senior leadership position.
• Experience working in construction, real estate, or similarly complex project-based industries is highly desirable.
• Demonstrated experience overseeing multi-entity or diversified business operations.