Finance Manager at

1 month ago

Nairobi, Nairobi Area, Kenya Co-operative Bank of Kenya Full time

The Co-operative Bank of Kenya Limited is incorporated in Kenya under the Company Act and is also licensed to do the business of banking under the Banking Act.

The Bank was initially registered under the Co-operative Societies Act at the point of founding in 1965.

FINANCE MANAGER (

REF:
FM/02/24)

Reporting to:
The CEO

Job Purpose

The job holder will oversee the Finance department and Provide leadership in overall financial management in the preparation of the Sacco's financial statements, budget formulation and SACCO investment strategy.

Roles and Responsibilities

Overall management and coordination of the finance department by leading, directing, planning and controlling of all aspects of reporting, budgeting, final accounts and liaison with internal and external auditors.

In liaison with the CEO, formulate corporate financial strategies, monitor and oversee their successful implementation and ensure compliance with approved policies and regulatory requirements
Formulate a strategic financial plan to enhance the overall business growth.
Provide financial reports and interpret financial information to managerial staff while recommending further courses of action.
Advise on investment activities and provide strategies that the Sacco should take to improve revenue.
Maintain the financial health of the Sacco.

Analyse costs, pricing, variable contributions, sales results and the Sacco's actual performance compared to the strategic plan in addition to developing market trends and projections for the Sacco's financial performance.

Conduct reviews and evaluations for cost-reduction opportunities.

Oversee operations of the finance department, set goals and objectives, and design a framework for these to be met.

Manage the preparation of the Sacco's budget and its implementation and review.
Correspond with various other departments, discussing Sacco plans and agreeing on future paths to be taken.
Monitoring liquidity position of the society thorough cash flow movement reports.

Preparation of monthly budget analysis for the Finance Board Committee and finance board papers for the Board of directors.

Oversee the preparation of management and financial reports (monthly, interim and end of year).
Monitoring, evaluation and improvement of internal controls.
Promoting a positive ethical and corporate culture.

Be a team player in development, nurturing and improving synergies within the institution to effectively attain the set objectives.

Approval of staff master payroll after preparation and verification by the HR Manager and senior accountant respectively and forwarding to CEO for approval.

Approve of staff imprest and reimbursement for both department and branches.
Approve all transactions before they are posted by the accountants (e.g. remittances, salaries, payments to third parties, loans to members, refunds journals, interbank transfers, invoices, end of year adjustments).
Review and approve all bank reconciliations statements –Daily and Monthly.
Preparation of annual departmental objectives /plans and ensure proper allocation of duties and efficient use of resources.
Approve SASRA returns on financial performance and ensure submission is done within the regulatory requirements.

Minimum years of experience required to have to be appointed to the position:

A Bachelors' Degree in Accounting or Finance.
A professional accounting qualification CPA K or ACCA.
MBA/MSC in Finance, Accounting, Commerce or related field would be an added advantage.
8 years' experience in Financial Management in a financial institution with 5yrs at a senior management level.
Preferably a member in good standing with ICPAK or equivalent professional body.
Sound knowledge in Deposit taking SACCOS and the regulator's (SASRA) guidelines governing Deposit Taking Sacco's.

  • Associate Technical Assistance Management(m/f/d) at

    2 weeks ago

    Nairobi, Nairobi Area, Kenya Finance in Motion Full time

    Finance in Motion is an impact investing advisor exclusively focused on development finance. We are one of the world's leading asset managers in this field, advising funds with around EUR 1.9 billion in assets under managementSummaryAs a Technical Assistance Associate in Nairobi, Kenya, you will lead and implement impactful projects for the Eco. Business...

  • Associate Technical Assistance Management(m/f/d) at

    1 month ago

    Nairobi, Nairobi Area, Kenya Finance in Motion Full time

    Finance in Motion is an impact investing advisor exclusively focused on development finance. We are one of the world's leading asset managers in this field, advising funds with around EUR 1.9 billion in assets under managementSummaryAs a Technical Assistance Associate in Nairobi, Kenya, you will lead and implement impactful projects for the Eco. Business...

  • Finance and Budget Assistant

    5 days ago

    Nairobi, Nairobi Area, Kenya United Nations Officer at Nairobi Full time

    JOB SUMMARYCompetenciesPROFESSIONALISM: Knowledge of travel related processing requirements. Ability to recognize and act in the face of conflicting priorities. Ability to perform analysis, modeling and interpretation of data in support of decision-making. Shows pride in work and in achievements. Demonstrates professional competence and mastery of subject...

  • Practice Lead for Financial Planning and Analysis

    6 days ago

    Nairobi, Nairobi Area, Kenya Mogo Finance Full time

    We offer top-notch, long term Car financing in Nairobi and Mombasa to our prospective customers, which is up to 80% of any car's value. With MOGO's efficient mode of services, you get to drive your dream car in a very short period of time at a very convenient interest rate.What you will do:Design and implement cost center structure across the organization...

  • Head of Procurement and Logistics at

    1 month ago

    Nairobi, Nairobi Area, Kenya Mogo Finance Full time

    We offer top-notch, long term Car financing in Nairobi and Mombasa to our prospective customers, which is up to 80% of any car's value. With MOGO's efficient mode of services, you get to drive your dream car in a very short period of time at a very convenient interest rate.SummaryA role of Head of Procurement open at Mogo Kenya, part of Eleving Group. Our...

  • Finance and Budget Assistant at

    1 month ago

    Nairobi, Nairobi Area, Kenya United Nations Office at Nairobi (UNON) Full time

    United Nations and regional organizations; provides administrative and other support services to the United Nations Environment Programme (UNEP) and the United Nations Human Settlements Programme (UN-Habitat); provides joint and common services to other organizations of the United Nations system in Kenya, as applicable; and manages and implements the...

  • Investment Officer at

    2 days ago

    Nairobi, Nairobi Area, Kenya BlueOrchard Finance Full time

    BlueOrchard Finance is a leading global impact investment management firm dedicated to fostering inclusive and sustainable growth while providing attractive returns for its investors. BlueOrchard offers premium multi-asset class solutions and is an expert in innovative blended finance and public-private partnership mandates.SummaryAs a member of the regional...

  • Finance and Budget Assistant at

    1 month ago

    Nairobi, Nairobi Area, Kenya United Nations Office at Nairobi (UNON) Full time

    United Nations and regional organizations; provides administrative and other support services to the United Nations Environment Programme (UNEP) and the United Nations Human Settlements Programme (UN-Habitat); provides joint and common services to other organizations of the United Nations system in Kenya, as applicable; and manages and implements the...

  • Finance and Budget Assistant at

    1 week ago

    Nairobi, Nairobi Area, Kenya United Nations Office at Nairobi (UNON) Full time

    United Nations and regional organizations; provides administrative and other support services to the United Nations Environment Programme (UNEP) and the United Nations Human Settlements Programme (UN-Habitat); provides joint and common services to other organizations of the United Nations system in Kenya, as applicable; and manages and implements the...

  • Finance and Budget Assistant

    1 month ago

    Nairobi, Nairobi Area, Kenya United Nations Office at Nairobi (UNON) Full time

    United Nations and regional organizations; provides administrative and other support services to the United Nations Environment Programme (UNEP) and the United Nations Human Settlements Programme (UN-Habitat); provides joint and common services to other organizations of the United Nations system in Kenya, as applicable; and manages and implements the...

  • Credit Analyst at

    1 week ago

    Nairobi, Nairobi Area, Kenya Incredo Finance Full time

    Incredo is a non-deposit taking microfinance institution registered as a private limited company incorporated in 2014 with its Head Office located in Thika Town. Since its inception, Incredo has grown to become one of the fastest-growing MFI, addressing the gaps that exist in the provision of affordable and accessible financial solutions to its target market...

  • Finance and Budget Assistant at

    1 month ago

    Nairobi, Nairobi Area, Kenya United Nations Office at Nairobi (UNON) Full time

    United Nations and regional organizations; provides administrative and other support services to the United Nations Environment Programme (UNEP) and the United Nations Human Settlements Programme (UN-Habitat); provides joint and common services to other organizations of the United Nations system in Kenya, as applicable; and manages and implements the...

  • Senior Finance and Budget Assistant at

    1 month ago

    Nairobi, Nairobi Area, Kenya United Nations Office at Nairobi (UNON) Full time

    United Nations and regional organizations; provides administrative and other support services to the United Nations Environment Programme (UNEP) and the United Nations Human Settlements Programme (UN-Habitat); provides joint and common services to other organizations of the United Nations system in Kenya, as applicable; and manages and implements the...

  • Finance Manager

    1 month ago

    Nairobi, Nairobi Area, Kenya Danish Refugee Council Full time

    Job DescriptionDescription –>Under the management of the Regional Head of Support services, the Regional Finance Manager has a regional focus and provides the due support (including sometimes direct support) and guidance to each Country Office in order to ensure that the Region's countries perform financially. Financial performance includes but is not...

  • Finance Manager at

    2 weeks ago

    Nairobi, Nairobi Area, Kenya Pula Full time

    At Pula, we are radically restructuring agricultural insurance, using technology to insure the previously unbanked, uninsured, untapped market of 1.5 billion smallholders worldwide. We work in eight countries across Africa and Asia, and in 2017 alone, we facilitated crop and livestock insurance cover to 611,000 farmers in Kenya, Rwanda, Uganda, Nigeria,...

  • Finance Manager at

    1 month ago

    Nairobi, Nairobi Area, Kenya Pula Full time

    At Pula, we are radically restructuring agricultural insurance, using technology to insure the previously unbanked, uninsured, untapped market of 1.5 billion smallholders worldwide. We work in eight countries across Africa and Asia, and in 2017 alone, we facilitated crop and livestock insurance cover to 611,000 farmers in Kenya, Rwanda, Uganda, Nigeria,...

  • Finance Manager at

    3 months ago

    Nairobi, Nairobi Area, Kenya Saferworld Full time

    Saferworld is an independent non-governmental organisation that works to prevent and reduce violent conflict and promote cooperative approaches to security.Job Purpose:The Finance Manager is responsible for monitoring financial management and performance of all programs/projects and partners in the region, ensuring compliance with global standards, systems...

  • Finance Manager

    2 weeks ago

    Nairobi, Nairobi Area, Kenya Action Aid Full time

    JOB SUMMARYMinimum RequirementsBachelor of Commerce degree, (Finance), master's in business administration (Finance) from a recognized university.A Certified Public Accountant (CPAK) or ACCA Finalist or its equivalent.Must be a member of the Institute of Certified Public Accountants of Kenya (ICPAK).Have at least Eight (8) years of working experience in...

  • Finance Manager

    1 month ago

    Nairobi, Nairobi Area, Kenya Action Aid Full time

    JOB SUMMARYMinimum RequirementsBachelor of Commerce degree, (Finance), master's in business administration (Finance) from a recognized university.A Certified Public Accountant (CPAK) or ACCA Finalist or its equivalent.Must be a member of the Institute of Certified Public Accountants of Kenya (ICPAK).Have at least Eight (8) years of working experience in...

  • Human Resources Officer at

    2 weeks ago

    Nairobi, Nairobi Area, Kenya Mogo Finance Full time

    We offer top-notch, long term Car financing in Nairobi and Mombasa to our prospective customers, which is up to 80% of any car's value. With MOGO's efficient mode of services, you get to drive your dream car in a very short period of time at a very convenient interest rate.Main Tasks:Recruitment (30%) Manage the HR recruitment system- Sage by uploading job...