Summary
Date Posted: Thursday, June 27, 2019 , Base Salary: Not Disclosed

JOB DETAILS:
Job Description We seek to recruit a competent, energetic and self-driven individual to serve as the Head of Finance & Administration to be based at our Head Office in Mombasa. .

The successful candidate shall be charged with the mandate to:
• Support the development and implementation of the organization strategic and business plan through allocation of financial resources to ensure proper management of financial resources and assets of the company.
• Manage the utilization of company finances according to established policies, plans and procedures.
• Carry out financial planning using projection models and other financial tools and disseminate the information to the various stakeholders within and without the organization.
• Monitor performance against financial plans and provide relevant and timely information to the Board, Senior Management, Departments, branches and other stakeholders.
• Provide accurate and timely periodic financial reports and other reports to the various stakeholders as per policy or on need basis; prepare reports for management, directors, auditors, and departments including for tax compliance purposes.
• Coordinate with the external auditors to ensure timely and expeditious facilitation external auditing requirement and reporting of financial performance.
• Manage the preparation of financial proposals and related supporting documentation for donor funding, external financiers, commercial financing, external auditors, and other stakeholders as needed.
• Develop and implement policies and procedures to guide the management of the portfolios in the institution.
• Provide, on need basis, financial information to internal stakeholders for use in their various departments and act as liaison for the finance and administration department.
• Ensure reliability and integrity of financial and operating information systems.
• Spearhead budget preparation and consolidation of annual projections.
• Manage balance between risk and return by maintaining a positive spread between revenues on earning assets and the cost of funds
• Manage all payments, and collections of revenue.
• Manage all capital expenditure and procurement for the organization.
• Oversee funding requirements and liquidity management of the organization.
• Safeguard cash balances and oversee branch transfers.
• Ensure proper custody of security, deeds and other important documents
• Ensure that the organization does not suffer financial loss through fraud and error by ensuring that assets are safeguarded and by closely maintaining and monitoring efficient and adequate internal control systems.
• Supervise the running of the finance and administration department to ensure adherence to policies, procedures and regulations.
• Ensure compliance with laid down conditions and terms pertaining to loan and/or investments agreements with external financiers..

Job Skills: Not Specified

  Minimum Requirements:
• Must have at least a Bachelor Degree in Commerce (Accounting option), Finance, Economics, Business Administration, or any other related field.
• Must be a CPA (K) or ACCA finalist and a member of ICPAK.
• Must have at least 7 years working experience in a busy micro financing institution 2 of which should be in management.
• Those with a Master Degree and at least 4 years of relevant working experience are also encouraged to apply.
• Must have thorough knowledge of financial services or microfinance industry policies and financial reporting requirements.
• Demonstrable knowledge of Islamic Finance and Islamic Financial Accounting Standards is a plus.
• Must be residing in or willing to relocate to Mombasa.
• Must be honest and of high integrity.
• Must be willing to work under pressure and with minimal or no supervision meeting strict deadlines.
• Must show willingness to grow with the institution.
Must be a team leader as well as a team player.

Job Education Requirements: Not Specified
Job Experience Requirements: Not Specified

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Job application procedure
Click Here to Apply & Read more https://www.brightermonday.co.ke/job/head-of-finance-administration-2qkg6j 

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