Wednesday, February 29, 2012

Job vacancy in a microfinance sector

Our client is a fast growing business in the Microfinance sector.

Our client is focused on professionalism and integrity; providing quality customer care in service provision whilst having social responsibility and team spirit in all our operations.

They are looking for an ambitious, self-driven candidate to fill the position of Head of Finance

Place of work: Mombasa, Kenya

Basic Function:

The chief financial officer position is accountable for the administrative, financial, and risk management operations of the company, to include the development of a financial and operational strategy, metrics tied to that strategy, and the ongoing development and monitoring of control systems designed to preserve company assets and report accurate financial results.

Principal Accountabilities:
  • Provide leadership in the development for the continuous evaluation of short and long-term strategic financial objectives.
  • Ensure credibility of Finance by providing timely and accurate analysis of budgets, financial trends and forecasts.
  • sustains corporate organizational goals and objectives as guided by the IFRS,CGAP guidelines and the MFI act 2006
  • Draft funding proposals for the approval by Board of Directors.
  • Head of Internal Audit and control function by ensuring compliance with existing policies and procedures and developing new policies.
  • Take hands-on lead position of developing, implementing, and maintaining a comprehensive job cost system.
  • Direct and oversee all aspects of the Finance & Accounting functions of the organization.
  • Evaluates and advises on the impact of long range planning, introduction of new programs/ strategies and regulatory action.
  • Provide executive management with advice on the financial implications of business activities.
  • Manage processes for financial forecasting, budgets and consolidation and reporting to the Company
  • Provide recommendations to strategically enhance financial performance and business opportunities.
  • Ensure that effective internal controls are in place and ensure compliance with GAAP and applicable federal, state and local regulatory laws and rules for financial and tax reporting
Qualifications and Requirements:
  • Member of ICPAK
  • BS in Accounting or Finance, MBA
  • CPA (K) highly desirable
  • 5+ years in progressively responsible financial leadership roles, in Banking/Microfinance
  • Strong working knowledge of Accounting and loan tracking systems i.e. tally, Micro banker, and, or Mifos. Mandatory
  • Strong interpersonal skills, ability to communicate and manage well at all levels of the organization and with staff at remote locations essential.
  • Strong problem solving and creative skills and the ability to exercise sound judgment and make decisions based on accurate and timely analyses.
  • High level of integrity and dependability with a strong sense of urgency and results-orientation.
Interested candidates should forward, their CVs to by 2nd March 2012 stating their current and expected remuneration, day time telephone contact and addresses of three referees.

Only shortlisted candidates will be contacted.
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