Finance Manager at Stratostaff

At Stratostaff we design, implement and manage workforce solutions for large, specialized or routine staff complements giving you the opportunity to focus on your core business.

 

Finance Manager

  • Job TypeFull Time
  • QualificationBA/BSc/HND , MBA/MSc/MA
  • Experience10 years
  • LocationNairobi
  • Job FieldFinance / Accounting / Audit 

DUTIES AND RESPONSIBILITIES   

Financial Strategy and Planning

  • Develop and implement financial strategies aligned with the SACCO’s overall goals.
  • Lead financial forecasting, planning, and analysis.
  • Advise the CEO and Board on financial implications of strategic decisions.

Budgeting and Financial Management

  • Prepare and manage the SACCO’s annual budgets.
  • Monitor financial performance and control expenditures in line with budgetary constraints.
  • Identify and mitigate financial risks.

Financial Reporting and Compliance

  • Oversee preparation of accurate monthly, quarterly, and annual financial reports.
  • Ensure compliance with statutory requirements including SACCO regulations, tax laws, and reporting standards (IFRS/IAS).
  • Coordinate internal and external audits and respond to audit findings.

Treasury and Investment Management

  • Manage the SACCO’s cash flow, banking relationships, and investment portfolio.
  • Ensure optimal liquidity and returns while safeguarding SACCO funds.

Leadership and Team Management

  • Lead and develop the finance team for high performance.
  • Foster a culture of accountability, integrity, and continuous improvement.

Regulatory and Stakeholder Engagement

  • Liaise with regulators (e.g., SASRA, Central Bank) and ensure timely compliance with all regulatory requirements.
  • Present financial updates and reports to the Board and other stakeholders.

Requirements

QUALIFICATIONS

  • Bachelor’s degree in commerce, Business Administration, Finance, or a related field.
  • CPA (K) certification is mandatory.
  • A postgraduate degree (e.g., MBA or MSc in Finance) is an added advantage

EXPERIENCE

  • Minimum of 10 years of progressive experience in financial management, with at least 5 years spent in a senior leadership role.
  • Experience in a microfinance institution, bank, or other regulated financial institution is highly desirable.
  • Proven expertise in the implementation and optimization of ERP systems, with a strong understanding of financial modules and cross-functional integration.
  • In-depth knowledge of financial regulations, including IFRS standards, SASRA guidelines, and CBK reporting requirements.
  • Demonstrated expertise in financial planning, budgeting, risk management, and ensuring compliance with statutory and regulatory frameworks.
  • Strong analytical skills, with the ability to interpret complex financial data and present insights to senior management and the Board.
  • familiarity with digital financial solutions and emerging trends in fintech and the broader financial sector that can enhance operational efficiency, improve decision- making, and elevate the customer experience.

Check if your CV matches this job with MyJobMag AI

Method of Application

Interested and qualified? Go to Stratostaff on jobs.stratostaff.co.ke to apply

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