Requirements
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., Musoni,Mambu, QuickBooks, Xero).
• Promote a culture of accountability, integrity, and efficiency within the finance function.
Requirements
Qualifications & Experience
• Bachelor’s degree in Accounting, Finance, Economics, or related field.
• CPA (K) or ACCA qualification required; MBA or MSc in Finance is an added advantage.
• Minimum 5–8 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, Musoni,Mambu, 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.