The position will be responsible for the provision of strategic financial management advice to the Institute to ensure the strategic financial objectives of the business are realized.
Roles & Responsibilities
Work closely with the executive team to provide strategic leadership in all financial matters.
Oversee the control of the finance function to ensure smooth operation of the departments.
Formulate financial targets and budgets in accordance to the strategy determined by the council and monthly review of the same with budget holders
Responsible for management of the capital expenditure budget to ensure high rate of return in investment.
Oversee treasury management to optimize cash flow and working capital.
Lead the negotiation of all financial contracts on behalf of the institute to get the best value in money.
Responsible for continuous review of internal control and ensure adherence to mitigate any risks that may arise.
Ensure the institution complies with the statutory requirement like Tax, NHIF, NSSF and audits to avoid penalties from regulators.
Secretary to the finance and investment committee of the council responsible for taking meetings.
Oversee implementation of council resolution in finance department to ensure compliance.
Prepare the institute’s staff payroll and ensure confidentiality and timely payment of the staff.
Serve as the first signatory of all institute bank’s accounts to ensure accuracy of all payments before the final signatory.
Develop and train staff to ensure proper succession planning and availability of optimum skills.
Requirements
A Master’s Degree in a Business field from a recognized institution
At least ten (10) years’ experience in a large organization with at least three (3) years leading a function in an active commercial environment.
Be a CPA finalist and a registered Member of ICPAK
Competencies
Technical
Finance strategy development
Financial Accounting
Management Accounting
Reporting
Taxation
Reconciliation
Budget and Planning
Stakeholder relationship Management
Computer Literacy
International Financial Reporting Standards (IFRS) Payroll Management
Behavioral
Cultivate imagination, resources and ingenuity throughout KIM
Consistently treating all people with dignity, fairness, respect and inspires the team.
Use feedback and data to create programs and initiatives that will enhance clients’ solutions and increase customer satisfaction with the Institution.
Analyses approaches and situations with a focus on what will achieve desired organizational outcomes or commercial targets.