Choice Micro Finance bank is a leading Micro Finance bank in Nairobi, Kenya.
We are looking to hire a Finance officer. This position will be based in, Nairobi County.
The main duties and responsibilities of this position entails: –
- Manage the Monthly/Quarterly/Annual financial reporting and submission as per Group’s timelines, ensuring proper controls on financial reporting in compliance with IFRS/IAS, Companies Act, and Taxation Act, IRA guidelines and the Company’s policies and procedures.
- Manage, review, and approve all payments within the board approved limit for the bank expenses
- Manage the receivables process by ensuring adherence to Choice MFB credit policy-daily/weekly tracking and reporting of receivables.
- Assist in the audit process, review the submissions for external audits and closure of audit queries.
- Manage the liquidity position of the unit ensuring accurate plan of cashflows and assists in investment ofexcess liquidity in line with the investment policy.
- Manage the reconciliation of all ledger accounts of the unit for accuracy of the monthly GL reconciliations and Bank reconciliations.
- Provide accurate and timely financial planning and budgeting input for the unit in compliance with the Choice MFB guidelines.
- Review the expenditure plans, track expenditure as per budget and analyze and report any significant variance to management with recommended actions. Ensuring all taxes are filled/paid in time in compliance with the relevant regulations.
The Person
The ideal candidate will have the following qualifications
- Bachelor’s Degree in Commerce (Finance or Accounting Option), Economics or related field
- Professional Qualifications in Accounting (CPAK/ACCA)
- At least 2 years’ experience in a bank or any micro finance institution
Key Competences
- A person of integrity with excellent analytical and report-writing skills.
- Strong leadership and organizational skills.
- Results-oriented with strong analytical skills and strategic thinking.
- Ability to work independently and effectively on strict deadlines.
- Good communication, presentation, and interpersonal skills.
- Knowledge of computerized banking systems
- Have worked in a start-up and fast paced environment
Applicants should submit their application together with a detailed resume, copies of testimonials and a daytime telephone number to the Head of Human Resources or email to [email protected] by 19th July,2023.