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HEAD OF FINANCE & STRATEGY – BANKING SECTOR (MN 7597)

Published: August 10, 2018
Location
Nairobi, Kenya
Category
Job Holder Reports to
Managing Director
Minimum Education(e.g O-level, University Degree)
Degree in Business related Studies | Master’s degree in Business or Finance
Minimum Experience(in years)
At least 10 years management experience in Financial or related management.

Description

JOB PURPOSE

Responsible for development and roll-out of the Bank's financial strategy. Provide leadership and oversight in financial management and reporting the Group and all Treasury Operations.

KEY MEASURABLE GOALS

  • Overall financial management responsibility including the development, review and approval of financial reporting materials and metrics for the senior management team and board of directors
  • Provide leadership and drive overall productivity of the overall finance function
  • To ensure strict adherence to all legal, contractual and statutory requirements.
  • Responsible for the process of the development of organizational strategy

KEY RESPONSIBILITIES

a) Strategy and business planning

  • Oversee the formulation, implementation & monitoring of the company's strategy
  • Responsible for the organizations business planning, funding budgeting processes
  • Responsible for the overall financial reporting of the organization
  • Lead the annual business plan development and budgeting process.
  • Provide ongoing financial modeling and analysis expertise to business partners.
  • Lead the quarterly / monthly outlook process.
  • Develop and maintain capital budget.

b) Financial Management

  • Financial reporting to the board of directors, Executive Management and other external stakeholders which include but not limited to CBK, CMA, Lenders etc.
  • Represent the company to financial partners, including financial institutions, investors, auditors, Central Bank, KRA, etc.
  • Liaise and enhance relationships with financial partners, including financial institutions, investors, auditors, Central Bank, KRA, etc.
  • Incisive analysis of financial results that provide insight into the organization’s operations and business plans and develop recommendations therefrom (strategic and tactical).

c) Treasury management

  • Responsible for creation and implementation of a robust treasury management strategy and systems that ensure there is profitable investment of cash instruments and maintain optimum liquidity and investments.
  • Assets Liability Management
  • Funding mobilization
  • Capital Management

d) Leadership

  • Participate in key decisions as a member of the executive management team
  • Participate in corporate policy development as a member of the senior management team.
  • Management of relationships with board members, the management team & other stakeholders
  • Establishment of financial operational best practices within the organization
  • Drive departmental and organizational productivity

e) Risk Management

  • Understand and mitigate key elements of the company's financial risk profile
  • Continuously enhance internal control systems
  • Ensure that record keeping meets the requirements of auditors and government agencies
  • Report risk issues to the audit committee of the board of directors
  • Maintain relations with external auditors and investigate their findings and recommendations
  • Review processes and implement changes that increase overall efficiency and effectiveness.

f) Bank-wide AML, KYC & CFT

  • Monitor, on a continuous basis, all transactions to ensure that unusual and suspicious transactions are reported to the Money Laundering Reporting Officer (MLRO)
  • Implementing and enforcing the board approved AML, KYC & CFT policy in as far as is applicable within my area of responsibility

PERSON PROFILE

  • Degree in Business related Studies
  • Master’s degree in Business or Finance
  • CPA (K) / ACCA qualification
  • Extensive Knowledge of best practice in leadership
  • At least 10 years management experience in Financial or related management.
  • Experience in partnering with an executive team, and have a high level of written and oral communication skills
  • Working knowledge of Emerge T24 and Great Plains ERP

APPLICATION INSTRUCTIONS

  • Email a copy of your CV and Cover Letter to recruit@manpowerservicesgroup.com
  • Ensure you indicate your current or past monthly salary in your cover letter
  • NOTE: Please DO NOT apply using the apply online button. Apply to the email address mentioned above ONLY!
CLOSING DATE: 17TH AUGUST 2018

Professional Qualifications

CPA (K) / ACCA
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CLIENTS WE HAVE RECRUITED FOR


MANPOWER SERVICES

Incorporated in 1990 with Manpower Services (K) Ltd as the first operating company. Manpower Services (U) Ltd followed and lastly Manpower Services (T) Ltd. The Group Managing Director sits in Nairobi. Each country is headed by a Country General Manager or Country Manager reporting to the Group Managing Director.

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