Summary
Date Posted: Thursday, June 24, 2021 , Base Salary: Not Disclosed

JOB DETAILS:
Chief Financial Officer

About the job
Our client is a fast-growing non-deposit taking financial institution based in Nairobi. As part of their strategy to strengthen the organization’s capabilities, they are seeking to fill the following position:

GENERAL JOB DESCRIPTION:
This positions key responsibilities are:
1. Direct financial strategy, fundraising, product development and application. Provide quality counsel to the business leadership. Maintain, leverage appropriate relationships with all financial partners.
2. Direct and be the custodian of all key financial, accounting, secretarial, fiduciary and risk mitigating responsibilities. Lead the finance and accounting team effectively.
3. Direct, control and oversee the budgeting, accounting, cash flow management and administrative operations of the business to ensure timely, accurate and efficient reporting, audit and compliance.
4. Support medium and long term business strategy development, direct financial plan implementation, support other function’s plan execution to achieve business objectives and targets.

SPECIFIC JOB RESPONSIBILITIES:
• Manage the processes for financial forecasting, budgets and accounting.
• Lead development of, control and present the annual business plan and re-forecasts. Review actual performance against budget and report with appropriate commentary of variances.
• Direct the analysis of new proposals providing commercial and financial input particularly in relation to new products and initiatives.
• Ensure accurate and timely processing of all transactions and payroll within the agreed timeframes. Be responsible for verification of all transactions (e.g.: bank, cash, journal vouchers)
• Establish and evaluate businesses capital requirements, implement raise funds plans and monitor covenant compliance.
• Ensure that all necessary policies and procedures to safeguard assets and minimize financial and commercial risks are in place.
• Support the Board and its initiatives, with clear and timely communication on all relevant governance, compliance and risk matters.
• Coordinate and liaise with all internal and external partners including third-party vendors and consultants and ensure efficiency and transparency.
• Maintaining timeliness, accuracy and adequacy of financial and management reporting provided to the management, Board and other stakeholders.
• Ensure the completeness, timeliness and accuracy of legal and statutory compliance on finance and secretarial matters, with no major non-compliances following internal and external audits

EDUCATIONAL & COLLATERAL REQUREMENTS:
• Bachelor’s degree in business or economics and ACCA or CPA qualification. Member of ICPAK.
• Eight (8) or more years’ experience at a senior level in a commercial environment with broad exposure to all levels of management reporting. Demonstrated board support will be advantage.
• Experience in fund raising for start-ups and high growth financial services businesses preferred.
• Outstanding strategic, problem solving, negotiation, complex accounting, communication and change management skills.
• IT Skills: MS office particularly excel and PowerPoint, Financial software - Microsoft Dynamics Nav

Work Hours: 8

Experience in Months: 96

Level of Education: Bachelor Degree

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Job application procedure
If you match these requirements, please submit your application to info@TUMEConsulting.com  quoting
‘Chief Finance Officer’ as the subject of your email by Monday, 5th July 2021.
Please note, only shortlisted candidates will be contacted

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