Job Vacancy – Finance Manager

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:

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 bank.
• 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

Interested candidates are requested to forward their updated CVs to recruit@virtualhr.co.ke 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.