Job Description:

About the Job:

Reporting to the Chief Executive Officer, the Finance Manager is responsible for the sound financial management of Kimisitu DT Sacco. This includes aligning with Strategic Business and Financial Plans and International Prudential Accounting Standards, managing financial resources, promoting prudent stewardship, and implementing strong internal controls for accurate financial data.

Responsibilities:

• Formulate and implement sound financial policies, procedures, strategies, and systems.
• Administer and review the Society’s Accounting Norms and Procedures.
• Budget and conduct trend forecasting to guide the Society Board.
• Advise the Chief Executive Officer on financial strategies.
• Oversee and advise on prudent financial management and investment undertaking.
• Manage the Society financial resources and assets.
• Formulate a strategic financial plan.
• Prepare and implement the finance department annual work plan.
• Provide team leadership within the department through staff performance management.
• Ensure effective and prudent financial controls and risk management procedures.
• Coordinate external audit activities and respond to correspondents.
• Ensure compliance with relevant statutory, legal, social, and regulatory requirements.
• Benchmark on market trends and provide periodic reports to the CEO.
• Ensure timely and up-to-date reconciliations.
• Compile the Society financial reports and liaise with relevant departments.
• Manage costs to achieve business growth.
• Responsible for the smooth running of the Finance Department, staff review, training, mentoring, and coaching.
• Perform financial analysis, reporting, and interpretation.
• Participate in the recruitment of staff within the department.
• Ensure compliance with financial and accounting standards and regulations.
• Conduct appraisals on all projects.
• Implement technological innovations for sound financial management practices.

Requirements:

• Bachelor’s degree in Commerce, Accounting, Finance, Business Administration.
• Must be a CPA (K)/ACCA holder.
• Registered with ICPAK.
• Minimum of 8 years relevant experience.
• Advanced excel and Microsoft Navision is an added advantage.
• Computer proficiency in ERP, IFRS.