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Open nowFirst seen 8 hours ago

Finance Manager

Volt Management Services Limited154 open roles

Where
Nairobi, Kenya
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Your applicationOpen nowFinance ManagerVolt Management Services Limited · Nairobi, Kenya
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  3. 25 readersRecruiter, hiring manager, skeptic. Round after round.

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The clock on this job

Early applications get read.

12.4% of postings close within 7 days. Measured by our own scanner across the market.

Share of postings closed within
  1. 2.1%1 day
  2. 4.5%3 days
  3. 12.4%7 days
  4. 20.0%14 days
  5. 35.5%30 days
  6. 58.6%60 days
This job: first seen 8 hours ago

The posting

Accounting

  • Strengthen financial systems to ensure compliance with internal and external policies.
  • Ensure timely and accurate financial statements and payments.
  • Maintain proper documentation and resolve discrepancies through reconciliations.
  • Standardize presentation of institutional financial data.

Budgeting and Budget Control

  • Develop and implement budgeting systems and procedures.
  • Support departments in budget preparation and provide financial projections.
  • Forecast future financial conditions and provide insights to management.
  • Monitor and evaluate performance against budgets; recommend corrective actions.

Financial Analysis and Reporting

  • Train staff in financial ratio analysis and benchmarking.
  • Analyze performance gaps and financial indicators.
  • Prepare timely financial reports for management and stakeholders.
  • Funds Management, Treasury, and Cash Management
  • Prepare weekly cash flow and financial projections.
  • Analyze funding options, risks, and asset-liability exposures.
  • Recommend treasury risk limits and ensure capital adequacy compliance.
  • Utilize scenario planning tools for risk mitigation.

Business Plan Development

  • Monitor financial performance in relation to operational/business plans.
  • Assist in the preparation and consolidation of head office and branch business plans.
  • Ensure delivery and consistency of the annual business plan and monitor performance variance.

Internal Control

  • Assess and manage risks in key operational areas.
  • Design and implement internal control systems.
  • Coordinate with external auditors and apply their recommendations.
  • Enhance accounting systems to meet internal control requirements.

Team Supervision

  • Lead, supervise, and mentor the finance team to ensure high performance and professional development.
  • Set performance goals, conduct evaluations, and provide ongoing feedback.
  • Promote a collaborative work environment and build team capacity through training and coaching.

Ideal Candidate Profile

Educational Requirements:

  • Bachelor's Degree in Economics, Accounting, Finance or Business administration or Equivalent qualification. A Master's Degree will be desirable
  • Holder of CPA (K) or ACCA qualifications.
  • A minimum of 6 years of relevant experience, with at least 1 years in a Senior Leadership role in Microfinance, Retail Banking, or Enterprise Lending

Key Competencies:

  • In-depth knowledge of banking principles, MFI industry practices, and current trends in microfinance and finance. Finance certifications and practicing licenses will be desirable.
  • Strong leadership capabilities with a proven track record of driving performance and motivating teams.
  • Excellent communication, negotiation, and interpersonal skills; adept at business development and stakeholder management.
  • Proven high performance in similar roles, with a strong emphasis on growth, results, and team motivation.
  • Demonstrated ability to act as a change agent, driving operational improvements and
  • organizational growth.
  • High ethical standards and commitment to personal and organizational integrity.
  • He/she should have proficiency in Microsoft Office Suite (especially Excel), and familiarity with accounting software (e.g. QuickBooks, SAP).
  • Strong analytical and problem-solving skills or abilities.
  • Determined personality with initiative, perseverance, and the ability to motivate and manage a team
  • Capability and willingness to take responsibility and highly developed sense of rectitude
  • Ready to comply and live up to and in accordance with the organization's Ideals and Core Values
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