VisionFund Kenya (VFK) Limited is a fast
growing financial services company and part of microfinance network of
International (VFI) a fully owned
subsidiary of World Vision International (WVI). For more information kindly
visit our website: www.visionfundkenya.co.ke. We wish to recruit a highly
competent, proactive and self driven person to fill the position of:
The position reports to the Chief
Executive Officer with a dotted reporting line to the Regional Finance
Director, Africa with responsibility of leading the Finance department in
ensuring the institution accomplishes its objectives by ensuring proper financial
management, controls, risk management and compliance with existing laws,
policies and regulations. The position is stationed in Nairobi.
Specific areas of responsibility:
• Advising the Chief Executive Officer
and Leadership team on all matters relating to finance, treasury, accounting,
and risk management.
• Submitting timely financial reports to
the Board of Directors, Senior Management, regulators, VFI and other
• Leading the development of an overall
business plan, strategy and monitoring of the financial performance of the organization
against the operational budgets and business plans.
• Maintaining the finance management
manuals and ensuring that all changes related to policies and procedures are incorporated
in the manual.
• Secretary Asset and Liabilities (ALCO)
and Risk committee of management and Chairman of the procurement committee.
• Performing functions specified by the
Board Audit and Risk Committee in establishing tolerance for risk and
expectations from investment.
• Introducing measures to enhance the
credibility and objectivity of financial statements and reports.
• Managing liquidity, funding needs and
the appropriate levels of assets and liabilities.
• Developing contingency plans for VFK
to withstand liquidity crisis and updates the contingency plans
• Ensuring VFK maintains adequate and
accurate records including balance sheet and periodic statements of income and expense.
• Providing the finance department staff
with the necessary training and other support to enable them to fulfil their
• Ensuring compliance to regulators and
• Ensuring compliance to regulations on
liquidity, capital, adequacy, and provisioning as well as to reporting
requirements set by regulators.
• Attending to inquiries, on-site or
off-site, regulators, external auditors, and provides due assistance to the regulators
and external auditors during inspection.
• Liaises with tax
authorities/consultants whenever necessary.
The ideal candidate must hold a first
degree in Finance or its equivalent, be a CPA (K) with at least 10 years’
experience in the field of financial management and accounting at senior
Management level. Those with CPA (K) and a Masters Degree in Finance or its
equivalent will be required to have at least 5 years’ experience in the field
of financial management and accounting at senior Management level. He/she
should possess Overall understanding and deep insights into Treasury Management,
good knowledge of the local and VFI regulatory requirements under which VFK
operates. Determined personality with initiative, perseverance and the ability
to motivate and manage a team, capability and willingness to take responsibility
and highly developed sense of integrity, ready to comply and live up to and in
accordance with the organization’s Ideals and Core Values, be proficient in
Microsoft office, SUN Accounting Systems, use of excel spreadsheet and
excellent skills in the use of Microfin as tool for planning.
The ideal candidate should also have
good understanding of economic and financial topics, be a good trainer,
facilitator, mentor and coach with good communication and presentation skills,
knowledge of International Financial Reporting Standards, leadership skills,
initiative and be results oriented. The candidate must also be a committed
Christian who is able to stand above denominational diversities and lead other
colleagues in daily devotions.
The job is typical office based with at
least 20% field travel and at most 10% international travel and may be required
to be on call after normal working hours.
Interested and suitably qualified
individuals should forward their detailed CV indicating work experience,
expected salary, daytime contact and addresses of 3 referees (2 professional
and 1 pastoral) so as to reach the undersigned by 23rd March 2018. The position should be the subject of the email