Key Responsibilities
• Provide strategic financial leadership and translate corporate objectives into effective financial policies, frameworks and operational plans.
• Lead, coach and develop the Finance team, promoting accuracy, accountability, integrity and continuous improvement.
• Maintain complete, accurate, and timely accounting records in strict compliance with relevant legislation, IFRS, SASRA guidelines, and internal policies.
• Prepare and present financial statements, management accounts, Board reports and statutory reports on a monthly, quarterly, half-yearly and annual basis.
• Oversee treasury management, cash-flow forecasting, liquidity management, investment monitoring and financial risk management.
• Prepare, monitor and control the Society’s revenue, capital and expenditure budgets in line with approved plans.
• Ensure compliance with financial regulations, tax obligations, internal controls, SASRA requirements, KRA requirements and applicable co-operative society legislation.
• Liaise with external auditors, KRA, banks, SASRA and other relevant institutions on financial, tax, audit and regulatory matters.
• Oversee the Fixed Assets Register, investment portfolio performance, and emerging financial risks, providing timely and proactive advice to management.
• Promptly alert the Chief Executive Officer and Board to material financial irregularities, control weaknesses, emerging risks or areas of non-compliance.
• Manage banking relationships and capital-market engagements to support the Society’s funding strategy and growth plans.
• Collaborate with the Chief Executive Officer in the formulation, implementation and performance monitoring of the Society’s strategic plan.
Qualifications, Experience & Competencies
- Bachelor’s degree in business related field from a recognized university; a Master’s degree or MBA is an added advantage.
- CPA(K) and active membership in good standing with ICPAK.
- At least 10 years relevant working experience; of which at least two must be at the level of senior management.
- Deep, demonstrable knowledge of SASRA regulations, IFRS, and the Co-operative Societies Act.
- Proven track record in financial reporting, budget management, treasury operations, internal controls and regulatory compliance.
- Proficiency in ERP or core banking systems and Microsoft Excel; experience with Navision or equivalent is an advantage.
- Strategic financial thinking, strong commercial acumen and sound business judgement.
- Exceptional analytical and numerical skills, with meticulous attention to detail.
- Strong leadership and people-management capabilities.
- Excellent written and verbal communication skills, including the ability to present complex financial information.
- Unimpeachable integrity, professional independence and the confidence to challenge at all levels.