Finance Lead

Department: Finance & Accounting
Reporting to: Chief Executive Officer / Director
Location: Nairobi, Kenya
Company Type: Digital Credit Provider (DCP) / Non-Deposit Taking Microfinance Institution

Role Overview
The Finance Manager will oversee all financial management, accounting, budgeting, taxation, and planning functions of the organization. The role will ensure the company maintains strong financial controls, complies with DCP regulatory requirements, and supports strategic decision-making through insightful financial modelling and analysis.

The ideal candidate will have a solid background in accounting and financial management within a microfinance, fintech, or banking environment and will be comfortable working in a dynamic, fast-paced, and growth-oriented setting.

Key Responsibilities
1. Financial Management & Reporting

•    Oversee preparation of monthly, quarterly, and annual financial statements in accordance with IFRS and DCP regulations.

•    Develop and maintain robust internal controls to ensure accuracy, compliance, and data integrity.

•    Lead preparation of management reports, variance analysis, and board reporting packs.

•    Liaise with external auditors, regulators (CBK, KRA), and other stakeholders to ensure compliance and timely submissions.
2. Budgeting, Planning & Forecasting

•    Lead the annual budgeting process, including development of financial forecasts and scenario analyses.

•    Monitor performance against budgets, analyze variances, and recommend corrective actions.

•    Provide financial insights and analytics to guide management decisions, lending strategies, and portfolio expansion.
3. Accounting & Treasury Operations

•    Supervise day-to-day accounting operations, including reconciliations, loan disbursement postings, and collections accounting.

•    Manage cash flow, working capital, and funding requirements to support loan portfolio growth.

•    Oversee payroll processing, statutory deductions, and compliance with all tax obligations.
4. Taxation & Regulatory Compliance

•    Manage preparation and filing of all statutory returns (PAYE, VAT, Withholding Tax, Excise Duty, etc.) in accordance with KRA regulations.

•    Ensure compliance with Digital Credit Provider (DCP) reporting standards, CBK guidelines, and other applicable laws.

•    Advise management on tax planning opportunities, cost optimization, and regulatory changes.
5. Financial Modelling & Strategic Analysis

•    Build dynamic financial models to support capital raising, pricing strategies, and new product development (e.g., EWA, payroll financing, asset-backed loans).

•    Conduct sensitivity analyses, stress testing, and loan portfolio performance tracking.

•    Support fundraising efforts through preparation of investor presentations, financial projections, and valuation models.
6. Leadership & Team Management

•    Supervise and mentor finance and accounting team members.

•    Drive continuous process improvement, automation, and adoption of accounting systems (e.g., Musoni,Mambu, QuickBooks, Xero).

•    Promote a culture of accountability, integrity, and efficiency within the finance function.

RequirementsQualifications & Experience

•    Bachelor's degree in Accounting, Finance, Economics, or related field.

•    CPA (K) or ACCA qualification required; MBA or MSc in Finance is an added advantage.

•    Minimum 5–8 years of experience in finance management, preferably within a Microfinance, Fintech, or DCP environment.

•    Proven experience in budgeting, financial modelling, and regulatory reporting.

•    Strong understanding of CBK DCP regulations, IFRS, and KRA tax laws.

•    Proficiency in accounting and financial planning systems (QuickBooks, Excel, Power BI, Musoni,Mambu, etc.).

Strong financial modeling, forecasting, and budgeting are a MUST

Key Skills & Attributes

•    Excellent analytical, financial modelling, and Excel skills.

•    Strong command of accounting principles, taxation, and compliance frameworks.

•    Strategic thinker with a hands-on approach and strong attention to detail.

•    High integrity, sound judgment, and excellent interpersonal communication skills.

•    Ability to work under pressure and manage multiple priorities.

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