Head of Finance

Job Summary

Main Purpose (Why does the job exist) To manage, direct and implement the country financial strategies, financial accounting and management functions, financial reporting, forecasting, budgetary controls and general economic health for the subsidiary, managing financial sustainability, driving financial performance & maximising return on investment

Job Details

Critical Deliverables /Core Accountabilities and Responsibilities

Oversees long-term budgetary planning, forecasting, and cost management in alignment with Group's and Country's strategic plan and provides advice on business activities' financial implications.
Implements the Group financial strategies into an effective country business plan and ensures maximum alignment between organisational objectives and operations' activities.
Supports the local Board and Country leaderships in developing projects for long term diversification of revenue streams.
Collaborates with Legal, Risk and Compliance in managing risk framework, including identification and monitoring.
Develops and manages relationships with all stakeholders on financial matters, including stock exchanges, commercial banks, shareholders, stockbrokers, market analysts, fund managers, industry service providers, Central Banks, external auditors, attorneys, and regulators.
Prepares and recommends to the local Board of Directors interim and year-end published financial results, including the content and quality of Management accounts, economic forecasts and financial budgets and overall financial reporting of performance and trends
Responsible for the country cash flow management, cash flow planning, identification, and make recommendations where necessary.
Manages the treasury function and management of forex risks and maturity mismatch risks
Ensures compliance with the local regulators
Partners with the local Board of Directors and Country Senior Management on all operational, financial and strategic issues as they arise and provide strategic recommendations.
Ensures adherence to procurement policies and procedures.
Implement the strategies and policies approved by the Board, develop processes that adequately identify, measure, monitor and control Risks faced by the institution.

Requirements

Position Requirements

Education	Professional qualification – ACCA/CIMA/ CPA-K Master’s in Business Administration would be an added advantage
Experience	Minimum of 10 years of experience in a finance function within the financial services industry At least 5 years in a senior management role Experience in financial, management reporting and company accounts Experience in managing external audits
Certifications	Membership of CIMA/ACCA/CFA/ICPAK
Knowledge	Knowledge of fintech, mobile micro solutions such as e-wallet, mobile savings, commercial/retail/transactional banking operations and solutions Enterprise and Risk Management (ERM) and Corbit framework Environmental, Social and Corporate Governance (ESG), social impact and sustainability framework Financial Inclusion Enterprise Resource Planning MIA & Accounting systems for day to day microfinance operations Treasury, AML and ALCO principles In depth knowledge of corporate financial law and risk management practices Excellent knowledge of data analysis and forecasting methods
Skills	Excellent leadership skills in building, developing and managing a strong team Exceptional strategic thinking capabilities backed by strong analytical capabilities. Excellent problem solving skills (i.e. problem definition & structuring, analysis definition, insight generation & recommendation generation) Excellent communication skills especially with top management and other stakeholders Ability to supervise and manage multiple projects at the same time Ability to work with shared leadership and in cross-functional teams Proficient in the use of MS Office and financial and accounting management software An analytical mind, comfortable with numbers

About Company

Letshego Kenya Limited

Letshego is a Setswana term meaning ‘support’. At Letshego we provide financial support to our customers. Our new brand mark is a stronger, bolder and more modern depiction of the Letshego tripod.