Finance Manager – Treasury and Financial Planning

Faulu Kenya Deposit Taking Microfinance Limited is a dynamic Christian organization within the micro-finance sector.

Faulu was the first Micro Finance Institution in Kenya to be licensed by the Central Bank as a deposit taking institution.

In line with the growing business needs we are seeking highly competent, focused and results oriented
professionals to fill the following positions:-

1. Finance Manager – Treasury and Financial Planning
Reporting to the Head of Finance, the position holder will be primarily responsible for effective Financial Planning, regulatory reporting, cash and financial resources management in a manner consistent with the objectives of the Company.

Key Responsibilities
• Evaluate, develop and implement cash management systems to optimize efficiencies and investments.
• Manage long-term and short-term investment strategies.
• Understand, manage, and supervise all aspects of cash flow.
• Forecast daily cash requirements and execute daily financing decisions.
• Negotiate and place excess funds to receive optimum income.
• Risk management with respect to market and liquidity risks.
• Assess risk/return for all products in accordance with the company objectives
• Provide assurance that all incomes are completely collected and recognized
• Manage, direct, and develop Treasury staff.
• Recommend, implement and maintain process improvements.
• Preparation of ALCO reports to support effective Assets-Liability Management
• In conjunction with Head of Finance, carries out Scenario planning and Contingent Planning.
• Facilitate the preparation, implementation and monitoring of companies Strategic Plans and budgets.
• Prepare and or monitor company’s various cash flow forecasts and perform financial modeling.
• Arrange approved Forex trades for any forex payments required for borrowing or for supplier payments.
• Revenue assurance in liaison with relevant departments.
• Manage relationships with the regulatory authorities, financial resources and service providers.
• Working with banking operations to monitor the Vault cash balances and advise on replenishing or diminishing the amounts.

Qualifications and Experience
• University degree in Finance, Accounting or related fields. MBA will be definite advantage
• CPA (K) or equivalent qualification a mandatory requirement. MIS or related qualification desirable.
• At least 4 years managerial experience in a similar position within financial sector.
• Proven leadership capability.
• Membership of a relevant professional body.
• Good decision making and communication skills.
• Established conceptual, financial modeling and analytical skills
• Performance oriented, decisive and independent
• Thorough knowledge of all the operations within Finance Department in a banking/ financial institution.
• Exposure to CBK and lender reporting.
• Skilled in risk management aspects of Assets Liability Management

If you meet the specified criteria, send your application letter and updated CV (including 3 referees, one of whom must be a spiritual leader) to the undersigned through the e-mail address below:

Head of Human Resources
Faulu Kenya Limited
P.O Box 60240 – 00200 Nairobi

Email: excitingcareers@faulukenya.com
Applications to reach us on or before 24thFebruary 2012.
Only shortlisted candidates will be contacted.

If you will not hear from us by 9th March 2012 consider your application unsuccessful