Finance Manager Job Vacancy in Nairobi, Kenya

Our client, a financial services player in microfinance banking sector, is looking for a dynamic, innovative and results-oriented individual to fill in the following position in Nairobi:

Position Title: Finance Manager

The incumbent will be responsible for the Finance function, overall finance roles, and risk reporting for the institution.

Principal Accountabilities

  • Support the development and implementation of the Bank’s strategic and business plan.
  • Manage the utilization of company finances according to established policies and ensure compliance with laid down conditions pertaining to loan agreements with external financiers
  • Manage the preparation of financial proposals, financial reports and other reports.
  • Monitor performance against financial plans and provide relevant and timely information to the
    Board, Senior Management peers, Departments, branches, and other stakeholders.
  • Coordinate with external auditors to ensure timely and expeditious facilitation of external auditing
    requirements and statutory reporting of financial performance.
  • Implement policies and procedures to guide the management of the investment portfolios in the
  • Manage the balance between risk and return by maintaining a positive spread between the interest
    rates on earning assets and the interest cost of funds
  • Manage all payments, collection & banking of revenue, all capital expenditure and procurements
    for the bank
  • Ensure proper custody of security, deeds, and other important documents and reliability and
    integrity of financial and operating information systems and oversee inter-branch transfers.
  • Ensure coordination of Asset and Liability Committee meetings per policy and follow-up closure
    of relevant action plans

Key Qualifications and Experience

  • Thorough knowledge of financial services/Microfinance banking industry policies and regulatory requirements as relates to microfinance banking institutions
  • Bachelor’s Degree in Commerce (Accounting option) or Finance or related field.
  • Masters in Business Administration (Accounting/Finance) is an added advantage
  • Experience in banking and especially microfinance banking is a key requirement
  • Must be a CPA (K) or ACCA finalist in related accounting, finance or audit field
  • Have 5 years’ relevant work experience 3 of which in a similar position preferably in a financial environment.
  • Hands on experience with BR.NET core banking is an added advantage

How to Apply

Interested candidates are requested to forward their updated CVs to stating the subject heading ‘FINANCE MANAGER’ by 14th October 2022 clearly indicating their current and expected remuneration (MUST), daytime telephone contacts, and addresses of three referees.