Finance Manager, Latest Kenya Finance Jobs,

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 the tax systems of other African countries is desirable
  • At least 5 years experience in fintech /BNPL companies in Kenya or other comparable countries are required for this position, of which 3 as a finance manager

Personal Attributes

  • 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, empathy, courage, trustworthy, curious, and collaborative

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