Job Summary

A well established and growing Retirement Scheme with a Fund Value of over Kshs. 17 Billion is looking to hire a Senior Finance Officer who will be reporting to Trust Secretary of the Scheme.

  • Minimum Qualification: Bachelor
  • Experience Level: Senior level
  • Experience Length: 8 years

Job Description/Requirements

Summary Responsibilities  
This position will be responsible for Finance functions and will be expected to modernize financial services. The role will be accountable for prudent financial management with emphasis on budgeting, financial analysis, capital asset and implementation of financial policies and procedures with aim of attaining set performance Goals/Objectives.

Main Duties and Responsibilities
•    Directs all finance functions including those necessary for auditing, budgeting, financial analysis, capital asset and property management in accordance with generally accepted accounting principles, financial policies and procedures, and all other applicable rules and guidelines;
•    Prepare strategic implication reports of on-going findings on financial inclusion driven by Financial stability and ensure internal projects or management systems are improved
•    Participates in the formulation and Implementation of the strategic and policy direction for the Scheme in order to ensure efficient service delivery and adherence to existing laws;
•    Participate in the development of financial policies and procedures for the entire Scheme in order to ensure that they are aligned to relevant laws and RBA Circulars;
•    Offers advisory services to the Trustees on the strategic direction in all matters relating to finance, Accounting and procurement in order to ensure prudent use of resources;
•    Monitors, analyses, and interprets Scheme’s financial performance evaluation reports and making recommendations to management on policy changes;
•    Ensures Prudent management of finance, and physical assets of the organization; preparing monthly/quarterly financial projection, statements and budgets; exercising expenditure controls of the organization;
•    Supervises accounting activities; updating management reports; monitoring and evaluating implementation of the statutory mandate;
•    Works in close consultation with the Pension Scheme Administrator on all financial management issues;
•    Provides comprehensive financial and decision support to the Scheme through a wide variety of financially focused work to directly increase profitability and contribute effectively to business decisions; and
•    Ensures legal and regulatory compliance regarding all financial functions.
•    Lead in identifying, developing and implementing effective internal control mechanisms and drive consistent improvements in financial processes and routines;
•    Identify areas that need improvement, develop and implement continued improvement of accounting systems and procedures that will enhance the quality, timeliness and availability of financial information;
•    Coordinate payments and receivables in accordance with policy and procedures of the scheme;
•    Facilitate both external and internal audits of the Scheme

Qualifications required
•    Master’s Degree in Economics,  Commerce (Accounting or Business Administration with Finance Option), or any other Business-related field from a recognized Institution. This will be an added advantage.
•    Bachelor of Arts Degree in Economics,Commerce (Accounting or Business Administration with Finance Option), or any other Business-related Degree from a recognized Institution.
•    Must have a minimum of eight (8) years’ experience, three (3) of which should be in a management role in a large and busy organization.
•    Must be a Certified Public Accountant (CPAK), ACCA, CIFA, CFA and an active member of ICPAK or ICIFA
•    Must be compliant with Chapter 6 of the Constitution of Kenya;
•    Must be computer proficient and detailed knowledge in Microsoft Dynamics 365 Business Central (Accounting Model) or the equivalent.
•    Must high analytical ,Planning and Budgeting  experiences
•    Must have a good understanding, Public Finance Management Act and related legislations, Public Procurement and Disposal Act and Regulations, Financial Reporting Standards, Pension Scheme’s Accounting Standards  and any other relevant acts
•    Must be familiar with Pension Schemes operations especially financial.
•    Must demonstrate high levels of leadership  skills and drive for success.

If you fulfil the above requirements, kindly forward your online application alongside your Curriculum Vitae with three referees, certificates and testimonials not later than 17th December, 2021.

Our client is an equal opportunity employer that is committed to diversity and values the ways in which we are different. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability, or other characteristics protected by applicable law