• Finance Manager at Microfinance Institution - Corporate Staffing

  • Posted on: 10 January, 2018 Deadline: Not Specified
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  • Corporate Staffing - Our client is a fast growing micro-finance banking institution located in Nairobi offering comprehensive financial products and service.

    Finance Manager


    They seek to hire a Finance Manager who will be Responsible for the overall maintenance of accounting books and systems. As such s/he will sanction all transactions posted in the accounting Management Information Systems.

    Job Responsibilities

    • To ensure compliance with organizational and statutory financial policy requirements
    • Prepare monthly and annual reports & make recommendations for update of financial policy and procedures as necessary.
    • Responsible for CBK reporting and timeliness in returns submission.
    • In consultation with the CEO, maintain and operate bank accounts of the bank so as to ensure efficient management of the financial resources.
    • Forecast cash flow requirements and initiate interbank transfers to meet cash needs.
    • Prepare bank reconciliation statements to keep track of balances
    • In consultation with the CEO and heads of department, ensure preparation and maintenance of organization’s financial forecast and more particularly
    • Annual budget of the organization
    • Annual budget variance
    • Five year business plan
    • Responsible for the design of procurement policies and procedures as well as their enforcement.
    • To deal with rent commitments, office furniture/equipment, utilities, sanitation, security and transport.
    • Responsible for regular servicing of equipment and therefore will deal with external customers such as Auditors, banks, landlords, suppliers and service providers.
    • Perform any other relevant duties as may be assigned by CEO and Executive Committee

    Job Qualifications

    • Hold a Bachelors degree in Finance, Accounts, Business Administration or related field.
    • Be a qualified Certified Public Accountant or its equivalent.
    • Have a minimum of three (3) years’ experience in a Finance Department in a bank or a financial institution regulated by Central Bank of Kenya (CBK), with proven track record.
    • Understand the Banking Act, the CBK Prudential Guidelines and general laws related to Banking.
    • High levels of professionalism and professional development.
    • Management and leadership ability: Have excellent interpersonal and people management skills.
    • Computer skills: Adept in use of Ms Word, Excel, Access, power-point, Internet and email.

    Supervisory Responsibilities

    • Finance officer/assistant, Head office support and non-support staffs

    Working Contacts

    • Internal- with all departments in the Head Office and the branch network.
    • External- Customers, suppliers, Government Institutions.

    Method of Application

    Interested and qualified? Go to Corporate Staffing career website on www.corporatestaffing.co.ke to apply

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