Finance Lead
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Job Location:
Monthly Salary:
Experience Required:
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
Department: Finance & Accounting
Reporting to: Chief Executive Officer / Director
Location: Nairobi Kenya
Company Type: Digital Credit Provider (DCP) / Non-Deposit Taking Microfinance Institution
Role Overview
The Finance Manager will oversee all financial management accounting budgeting taxation and planning functions of the organization. The role will ensure the company maintains strong financial controls complies with DCP regulatory requirements and supports strategic decision-making through insightful financial modelling and analysis.
The ideal candidate will have a solid background in accounting and financial management within a microfinance fintech or banking environment and will be comfortable working in a dynamic fast-paced and growth-oriented setting.
Key Responsibilities
1. Financial Management & Reporting
Oversee preparation of monthly quarterly and annual financial statements in accordance with IFRS and DCP regulations.
Develop and maintain robust internal controls to ensure accuracy compliance and data integrity.
Lead preparation of management reports variance analysis and board reporting packs.
Liaise with external auditors regulators (CBK KRA) and other stakeholders to ensure compliance and timely submissions.
2. Budgeting Planning & Forecasting
Lead the annual budgeting process including development of financial forecasts and scenario analyses.
Monitor performance against budgets analyze variances and recommend corrective actions.
Provide financial insights and analytics to guide management decisions lending strategies and portfolio expansion.
3. Accounting & Treasury Operations
Supervise day-to-day accounting operations including reconciliations loan disbursement postings and collections accounting.
Manage cash flow working capital and funding requirements to support loan portfolio growth.
Oversee payroll processing statutory deductions and compliance with all tax obligations.
4. Taxation & Regulatory Compliance
Manage preparation and filing of all statutory returns (PAYE VAT Withholding Tax Excise Duty etc.) in accordance with KRA regulations.
Ensure compliance with Digital Credit Provider (DCP) reporting standards CBK guidelines and other applicable laws.
Advise management on tax planning opportunities cost optimization and regulatory changes.
5. Financial Modelling & Strategic Analysis
Build dynamic financial models to support capital raising pricing strategies and new product development (e.g. EWA payroll financing asset-backed loans).
Conduct sensitivity analyses stress testing and loan portfolio performance tracking.
Support fundraising efforts through preparation of investor presentations financial projections and valuation models.
6. Leadership & Team Management
Supervise and mentor finance and accounting team members.
Drive continuous process improvement automation and adoption of accounting systems (e.g. MusoniMambu QuickBooks Xero).
Promote a culture of accountability integrity and efficiency within the finance function.
Requirements
Qualifications & Experience
Bachelors degree in Accounting Finance Economics or related field.
CPA (K) or ACCA qualification required; MBA or MSc in Finance is an added advantage.
Minimum 58 years of experience in finance management preferably within a Microfinance Fintech or DCP environment.
Proven experience in budgeting financial modelling and regulatory reporting.
Strong understanding of CBK DCP regulations IFRS and KRA tax laws.
Proficiency in accounting and financial planning systems (QuickBooks Excel Power BI MusoniMambu etc.).
Strong financial modeling forecasting and budgeting are a MUST
Key Skills & Attributes
Excellent analytical financial modelling and Excel skills.
Strong command of accounting principles taxation and compliance frameworks.
Strategic thinker with a hands-on approach and strong attention to detail.
High integrity sound judgment and excellent interpersonal communication skills.
Ability to work under pressure and manage multiple priorities.
Company Industry
Internet Service Providers / Retail Appliances / Electrical and Electronic Equipment
Key Skills
- Administrative Skills
- Facilities Management
- Biotechnology
- Creative Production
- Design And Estimation
- Architecture
