Head of Finance at Mkobo Microfinance Bank Limited (Mkobobank)

Description

• The main purpose of this position is to assist in the delivery of company wide accounting, finance, treasury management, budgeting, performance analysis, payroll and financial reporting function. The individual will proactively identify issues, opportunities and solutions to ensure effective budgeting, assists in strategic planning and forecasting, financial performance and sustainability while ensuring the accurate capturing and timely reporting of all financial activities.

Responsibilities

• Take leadership in financial matters, including budget development, planning & reporting; managing the accounts, payroll, liquidity management, investments and financial reporting of business performance.
• To work as part of the Senior management team to contribute financial and operational expertise in the development and implementation of organizational strategies, policies, practices, funding proposals and applications.
• Improve operational systems, processes and policies - specifically, better provision of timely and accurate management reporting, information flow and management, business processes, performance management and organisational planning
• Preparation of overall annual budget of the bank including the assumptions and the ratios, Treasury management and monitoring
• Providing finance related advice for new product analysis covering accounting, billing, risk management and taxation.
• Performing monthly budget review/variance analysis, stress testing/scenario analysis, monthly Trial Balance review and preparation of management accounts

Requirements

• Minimum of 10 years’ financial experience, with at least 5 years in Senior level
• Minimum of Degree in Accounting/Finance/Economics
• ICAN or ACCA Qualified
• Management capacity spanning Accounting, Business Planning, Operations, Reporting and with excellent knowledge of banking Business.
• Demonstrates excellent understanding of Fintech financials as well as advanced business finance and performance analysis