Summary
Date Posted: Saturday, February 04, 2023 , Base Salary: Not Disclosed

JOB DETAILS:

Job Overview:
On behalf of our client, we seek to recruit a highly competent, motivated and professional individual to fill the position of Finance Manager. The purpose of this job is to ensure that all financial records for the company are complete, accurate and run smoothly. To stand in for the head of finance when needed, ensuring stability and continuity within the department

Key Duties and Responsibilities:
1. Manage the cash flow and prepare cash flow forecasts
2. Advise the company on the optimal mix of capital between equity and debt and support the company in accessing the capital needed to thrive Accounting, Reporting, and Operations
3. Develop and maintain timely and accurate financial statements and reports in accordance with generally accepted accounting principles (GAAP)
4. Develop and maintain systems for cash management, accounts payable, accounts receivable, credit control, and petty cash
5. Oversee and build capacity in the bookkeeping function
6. Review monthly results and implement monthly variance reporting against budget
7. Oversee the design and implementation of processes that provide business managers with timely financial data to make decisions and monitor performance
8. Fully own the continuous development and maintenance of the financial reports generated in-house loan management software to ensure the accurate accounting treatment of all financial transactions in the lending portfolio
9. Oversee all payroll functions to ensure timely and accurate processing
10. Ensure that all statutory requirements of the organization are met including income tax
11. reporting and withholding payments, and that payments are remitted on time
12. Develop, implement, and ensure compliance with internal financial and accounting policies and procedures to ensure the accuracy, integrity, and security of all financial information
13. Prepare all supporting information for the annual audit and liaise with the external auditors
14. Ensure that sound risk management models and measurement methodologies of risk reporting and controls are in place for the quantification and evaluation of risks
15. Continuously monitor risk-taking activities and aggregate risk exposures to ensure they are in line with the organization’s financial position and plans
16. Develop, monitor and continuously enhance a Credit Reporting & Monitoring framework which meets the requirements of various internal & external stakeholders
17. Supervise and ensure timely and accurate delivery of Credit Risk reports. Interpret the information with the support of the Credit Team and suggest actions for consideration by the Management Team to drive improvements in credit performance.
18. Support decision-making pertaining to loan product pricing and features with analytical model

Skills and Qualifications:
1. Bsc/Msc degree in Finance, Accounting or Economics
2. Professional qualification in CPA/ ACCA/ CIMA or similar
3. Experience in the financial sector with previous possible roles such as financial analyst
4. A solid understanding of financial statistics and accounting principles
5. Strong interpersonal, communication and presentation skills
6. Able to manage, guide and lead employees to ensure appropriate financial processes are being practiced.
7. 5 years of professional experience at Management level in Microfinance firm.


Work Hours: 8

Experience in Months: 60

Level of Education: Bachelor Degree

Job application procedure

Interested candidates are invited to apply through recruitment@rcsconsult.net  Indicate the Job Title in the subject line. Only shortlisted candidates will be contacted. Closing date: 31th March 2023.


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