Responsibilities:
Finance Operations
Develop operational strategies, processes and procedures, and manage financial day to day operations for the subsidiary
Build and implement, with the support of Angaza’s central finance team a cost effective, efficient and compliant finance organization for the provision of credit solutions in the Kenyan market, including but not limited to:
Advise on local regulations and practices and help assess tradeoffs and risks to help Angaza operate and grow its business
Manage financial relationships with the company’s channel partners and customer care partners, including payments and all financial aspects of the relationship
Provide financial leadership to the commercial and customer support teams with regard to the company’s channel partner and client management programs
Lead on all financial matters for the Kenyan subsidiary
Hire, oversee and support the finance team with dynamic leadership that creates an environment of trust and productivity
Contract and manage advisors, currently external bookkeeper and tax advisor.
Budgeting and Financial Planning
Develop and manage cash forecasting, budgeting and long-term planning process
Achieve budgeting goals with proper scheduling, analysis, and corrective action
Provide comprehensive financial updates to senior management and central finance by evaluating, analyzing, and reporting appropriate data points
Accounting and Monthly Close
Manage and monitor all accounts, ledgers, and reporting systems ensuring compliance with appropriate accounting standards and regulatory requirements
Maintain internal control safeguards for the receipt of revenue, costs, and both team and organizational budgets and actual expenditures
In conjunction with Angaza’s CFO, establish financial and operating benchmarks, budgets, program monitoring, and reporting standards
Implement consistent accounting policies, practices, and procedures across all programs, upholding local legal standards by remaining knowledgeable about existing, new, and future legislation
Cash Management
Provide cash forecast for the entity to Angaza’s central Finance team
Ensure continuous funding of all the entity’s operations; optimize costs
Manage local banking relations
Controls, Compliance, & Tax
Develop, implement, and maintain financial controls and guidelines
Seek and analyze information relative to local laws and regulations to help the central finance team formulate policies and make decisions
Develop and enforce internal controls to maximize the protection of company assets, policies, procedures, and workflow
Oversee tax reporting and ensure timely payment of all taxes to KRA
Ensure overall compliance with all relevant regulations in Kenya
Competencies and Expertise:
Bachelor’s degree in business, accounting, or related field; master’s degree preferred
7+ years of proven accounting experience (experience as a senior-level accounting or finance manager preferred)
Professional accounting or financial certification – strong knowledge of accounting standards (IFRS and/or US GAAP)
Strong understanding of lending/digital lending, data protection and related regulations and processes
Strong understanding of Kenyan tax laws and practices. Knowledge of tax systems of other African countries desirable
At least 5 years’ experience in fintech /BNPL companies in Kenya or other comparable countries required for this position, of which 3 as a finance manager
You…
Thrive in a cooperative, dynamic environment
Are passionate about the challenges of developing and implementing innovative financing business models
Have strong quantitative, problem-solving, and project management skills
Demonstrate excellent written and verbal communication skills
Pride yourself on attention to detail
Exemplify Angaza’s key values: maximizing impact, empathetic, courageous, trustworthy, curious, and collaborative
Apply via :
jobs.lever.co
