Roles and Responsibilities:

Some of the Key Responsibilities of this position includes but shall not be limited to:


Using a risk-based methodology to evaluate the adequacy of internal controls and compliance with policies, procedures, applicable laws and best practice.
Develop and implement risk-based audit plans coveting all activities of the society.
Coordinate all audit operations... guided by best practice and internal audit policies.
Prepare and present reports with recommendations to the management, audit and risk committee and the board in a clear and timely manner.
Design a follow up mechanism to ensure agreed recommendations are implicated within designated timelines.
Design a rating mechanism for all auditees aligned with the performance management system.
Handle the external audits efficiently and in a timely manner.
Continuously educate the staff on risk.
Review the Internal Audit policy and charter to align with best practice and emerging trends and developments.
Carry out investigations as requested.


Minimum Qualification & Attributes


Bachelor’s degree in commerce (Accounting/Finance Option)
Must be a CPA (K) holder.
Minimum five years’ experience in a similar position
Member of ICPAK or Membership of the Institute of Internal Auditors (IIA)
Working expertise with Microsoft Word, Excel and PowerPoint and Audit Software
Good understanding of ERPS, specifically Microsoft Navision


Core Competencies


Analytical and investigation skills
Excellent communication, reporting and interpersonal skills
Strategic thinking
Managerial skills and ability to lead teams more

The successful jobholder will be required to:

Innovate & develop new Trade Finance Products to grow the Banks contingent book and non-funded income streams.
Develop sales strategy for Structured Trade & Commodity Finance products to meet sales targets in line with overall bank strategy.
Align product process flows and the operations manual to achieve quality and efficient... standards.
 Identify and translate market trends into new Trade Finance opportunities, or re-engineer existing products, in order to generate a profitable business.
Originate and structure business deals, through appropriate use of term sheets and capture end-to-end sequence of events to mitigate any inherent risks.Identify general and specific opportunities and threats in order to position Trade Finance products for the overall competitive advantage of the Bank, within the stipulated service level agreements.
Collaborate with other business teams in structuring Trade Finance transactions, to ensure that customer needs are attended to in an efficient and timely manner while safeguarding against potential transactional risks.
Benchmark with the market to keep abreast with competition and product offerings/service developments. Assess the threat to the business and plan remedial action to maintain a competitive edge for trade products throughout the country.
Champion risk approvals for Trade deals, provide risk management of Trade portfolio and Structured solutions to mitigate risk.
Provide Relationship Managers/ Business Bankers & Customers continuous trade product knowledge through training, workshop and forums to maximize trade opportunity identification/solutions.
Drive overall client satisfaction and service benchmark of trade offering and build customer loyalty.
Continually drive and ensure consistent and superior client orientated culture and high-quality service delivery to trade customers.
 Implementation and monitoring of KYC and ALM measures in line with the Bank and Regulatory requirements.

Qualifications, Skills and Attributes
The successful candidate will be required to have the following skills, attributes and competencies:

A University Degree with ACIB or Equivalent.
Knowledge OF UCP 600, URDG 758, URC 522 and Incoterms 2010.
Knowledge Of International Trade Rules.
Good Negotiating Skills and Strong Analytical Skills.
Ability To Package Solutions That Fit Emerging Customer Needs.
Ability To Drive Sales and Uptake of Trade Finance Products.
Knowledge In Structured Trade & Commodity Finance Products and Services.
Ability To Drive Revenue from All the Revenue Streams, Lc Commissions, Guarantee Commission, Interest Revenue and Structuring Fees.
Capacity To Ensure Compliance with The Product Credit Policy and Operation.
Monitor Product Performance Vs the Target Figure.
Team Player Who Can Work with Business Segment to Identify Client Potential and Follow Through To Closure On Approved Lines. more

The Role
The successful jobholder will be required to:

 Innovate & develop new Trade Finance Products to grow the Banks contingent book and non-funded income streams.
Develop sales strategy for Structured Trade & Commodity Finance products to meet sales targets in line with overall bank strategy.
 Align product process flows and the operations manual to achieve quality and efficient... standards.
 Identify and translate market trends into new Trade Finance opportunities, or re-engineer existing products, in order to generate a profitable business.
Originate and structure business deals, through appropriate use of term sheets and capture end-to-end sequence of events to mitigate any inherent risks.Identify general and specific opportunities and threats in order to position Trade Finance products for the overall competitive advantage of the Bank, within the stipulated service level agreements.
Collaborate with other business teams in structuring Trade Finance transactions, to ensure that customer needs are attended to in an efficient and timely manner while safeguarding against potential transactional risks.
Benchmark with the market to keep abreast with competition and product offerings/service developments. Assess the threat to the business and plan remedial action to maintain a competitive edge for trade products throughout the country.
Champion risk approvals for Trade deals, provide risk management of Trade portfolio and Structured solutions to mitigate risk.
Provide Relationship Managers/ Business Bankers & Customers continuous trade product knowledge through training, workshop and forums to maximize trade opportunity identification/solutions.
Drive overall client satisfaction and service benchmark of trade offering and build customer loyalty.
Continually drive and ensure consistent and superior client orientated culture and high-quality service delivery to trade customers.
 Implementation and monitoring of KYC and ALM measures in line with the Bank and Regulatory requirements.

Qualifications, Skills and Attributes
The successful candidate will be required to have the following skills, attributes and competencies:

A University Degree with ACIB or Equivalent.
Knowledge OF UCP 600, URDG 758, URC 522 and Incoterms 2010.
Knowledge Of International Trade Rules.
Good Negotiating Skills and Strong Analytical Skills.
Ability To Package Solutions That Fit Emerging Customer Needs.
Ability To Drive Sales and Uptake of Trade Finance Products.
Knowledge In Structured Trade & Commodity Finance Products and Services.
Ability To Drive Revenue from All the Revenue Streams, Lc Commissions, Guarantee Commission, Interest Revenue and Structuring Fees.
Capacity To Ensure Compliance with The Product Credit Policy and Operation.
Monitor Product Performance Vs the Target Figure.
Team Player Who Can Work with Business Segment to Identify Client Potential and Follow Through To Closure On Approved Lines. more

Finance Manager (REF: FM/09/24)
Reports to: Chief Executive Officer (CEO)
Our client, a licensed Sacco in Nairobi, is seeking to urgently recruit a qualified and highly motivated Finance Manager. 
Job Summary
The Finance Manager will be responsible for overseeing all financial activities, ensuring the accuracy of financial reporting, managing the Sacco’s financial health, and ensuring... compliance with regulatory requirements. This role involves strategic planning, budgeting, risk management, treasury management, and leading the finance team.
Key Responsibilities
Financial Planning and Analysis:

Develop and implement financial strategies and plans that support the Sacco’s objectives.
Prepare and analyse financial reports, budgets, forecasts, and financial statements.
Monitor financial performance, identify trends, and provide insights to the management team.

Budgeting and Forecasting:

Lead the budgeting process, including setting budget guidelines, preparing budgets, and monitoring actual performance against budgets.
Prepare monthly, quarterly, and annual forecasts.

Financial Reporting:

Ensure timely and accurate preparation of financial statements in accordance with accounting standards.
Present financial reports to the Board of Directors, CEO, and other stakeholders.

Risk Management:

Identify financial risks and develop mitigation strategies.
Ensure adequate internal controls are in place to safeguard the Sacco’s assets.
Manage insurance coverage and other risk management programs.

Compliance and Regulatory Requirements:

Ensure compliance with all financial, legal, and regulatory requirements.
Liaise with external auditors, regulatory authorities, and other stakeholders.

Treasury and Cash Management:

Oversee the management of the Sacco’s cash flow, investments, and borrowing.
Develop and maintain banking and other strategic relationships.
Ensure adequate liquidity to meet operational needs, member withdrawals and pursue investment opportunities.
Ensure bank reconciliations are done every week & books are closed by the 5th of the following month.
Ensure member accounts are updated on a timely basis and all funds remitted to the Sacco’s accounts are identified within a reasonable time frame.

Leadership and Team Management:

Lead, mentor, and develop the finance team.
Foster a culture of continuous improvement and high performance.
Coordinate with other departments to support overall Sacco objectives.

Strategic Initiatives:

Support strategic initiatives and projects, including mergers, acquisitions, and new product development.
Participate in strategic planning sessions and contribute to the development of long-term goals.

Technology and Systems:

Oversee the implementation and maintenance of financial systems and software.
Ensure the integrity and security of financial data.

Monthly & Year-end closures.

Oversee and ensure the general ledger is updated, reconciled and closed on the 5th of the following month.
Ensure end-year finalisation is done by the end of January to allow external audit as of February of the following year.

Qualifications and Experience

Bachelor’s degree in Finance, Accounting, or a related field; 
Master’s degree or CPA/CFA certification is preferred.
Minimum 10 years of experience in finance or accounting roles, with at least 5 years in a management position.

Skills:

Strong analytical and problem-solving skills.
Excellent communication and interpersonal skills.
Proficiency in financial software and Microsoft Office Suite.
Knowledge of Sacco operations and regulatory requirements is an advantage.

Personal Attributes

High ethical standards and integrity.
Strong leadership and team-building abilities.
Strategic thinker with a proactive approach.
Ability to work under pressure and meet tight deadlines. more

The role
The successful jobholder will be expected to:

Participate in Agile project-planning meetings, provide insights on system options, risk and security assessments, and cost-benefit analysis, and create development forecasts for timely project execution.
Develop and build IT solutions, install and configure systems, implement reusable components, and translate technical requirements into... functional solutions.
Build software releases, test new code, and automate development, testing, integration and deployment processes. Manage and release new features, ensuring stability and security throughout the lifecycle.
Analyze production errors to define tools that mitigate problems, apply user-defined integrations, and enhance the overall user experience.
Identify necessary and innovative changes to maintain optimal system performance and liaise with management to deploy effective solutions.

Qualifications, Skills & Attributes
The successful jobholder will be required to possess the following qualifications:

A Bachelor’s degree in Computer Science, Engineering, or a related field.
3+ years as a DevOps Engineer or in a comparable software-engineering role.
Experience in maintaining Java web applications, strong operational experience in Linux/Unix environments, and proficiency in scripting languages such as Shell, Perl, and Python.
A deep understanding of application, network, and cloud security, coupled with expertise in security fundamentals, threat modeling, vulnerability assessment, encryption, and adherence to compliance frameworks like GDPR and HIPAA.
Strong automation capabilities, experience with tools like Docker, Jenkins, Chef, Puppet, Git, MongoDB, JAVA, and Nginx.
Strong analytical, problem-solving, and presentation skills; expertise with source control and continuous integration tools; effective team management and collaboration.
Flexibility in coding and system integration, cybersecurity skills, collaborative approach, and decision-making agility. Familiarity with cloud infrastructure and container orchestration (AWS, Azure, Docker, Kubernetes) is a plus.
High personal drive and integrity, self-starter with a collaborative mindset, excellent team working skills, customer-focused, and adaptable to changing trends and requirements.
Open-minded, change champion, and agile in approach.
Flexibility for long or odd hours as required.

Deadline; 22nd August, 2024. more

The candidate should have a Bachelor’s degree in finance, Accounting, Business Administration, or a business-related field
minimum of 10 years working experience in a relevant field 3 years of which at a senior level in a busy environment and preferably within the cooperative movement.

The candidate should have a Bachelor’s Degree in Finance or Accounting
Professional accounting qualification CPA K / ACCA is a must and a Minimum (3) years’ relevant experience is required.

The Role
Specifically, the successful jobholder will be required to:

Manage the performance of the bank’s corporate network to ensure that the systems work as designed and perform consistently and reliably in order to meet Business SLAs.
Monitor the corporate network performance including SNMP, logs, events and maintenance of general systems health in order to provide proactive remedial... support.
Develop and maintain device access, control policies, data transmission policies, storage policies, Business continuity policies, backup policies, security policies, monitoring profiles, technologies, and notification rules that match compliance best practice expectations.
Plan and implement timely product upgrades, firewall signature updates, and patch releases for all ICT assets
Research and evaluate external technical trends & developments and evolving industry standards concerning technologies affecting networks, security, client/server and other platforms and their application to business systems. Research local and international technology trends in business to improve system performance, security and functionality.
Define and document the various architecture components, including hardware platform, operating system, execution, development, operation, distribution and technologies related to networking systems.
Install, support, and maintain network devices, attend to system failures, and resolve/coordinate resolution of issues.

Desired Skills and Experience

A Bachelor’s degree in Engineering, Computer Science, or an IT-related field from a recognized university with possession of Cisco Certified Network Professional (CCNP) is a MUST.
Wide Networking and project management experience with a minimum of 3 years’ experience in planning, systems analysis, design, support, and development of complex LAN/WAN infrastructure.
Demonstrated experience integrating systems in multi-user, multi-platform, multitasking operating systems environments such as UNIX (AIX, Solaris), Linux (RHEL, OpenShift), and Windows.
Excellent understanding and working knowledge of TCP/IP, IP Telephony, and Firewall appliances
A specialist in IT/ Engineering background with competencies in Network Engineering and good project management/consulting skills
Excellent leadership skills with demonstrated ability to lead or facilitate mission-critical projects and to develop, participate in and lead multi-disciplinary work teams.
Experience in systems planning, design, development, maintenance and troubleshooting with a track record of accomplishment in large, complex WANs, LANs, and client/server-based systems.
Demonstrated understanding of modern information security threats and competency in developing effective solutions.
Demonstrated experience working with multivendor networking technologies such as Cisco, Checkpoint, and Avaya
Extensive knowledge of Service Provider network and demonstrated experience working with SP equipment and protocols
Demonstrated competency in project management in a cross-functional environment and experience in managing resources to meet goals on multiple projects. more

Tasks and Responsibilities

Provide leadership in overall financial management in the preparation of the Sacco’s financial statements, budget formulation and Sacco investment strategy.
Preparation of timely, consistent and accurate financial statements in accordance with the Sacco’s policies and procedures and statutory reporting.
Interpretation of financial information to the... Board.
Monitoring cash flows and conducting forecasts that provide guidance to the Sacco in planning and decision-making.
Initiate and implement sound management policies to ensure accounting processes and procedures are effective, with performance monitoring systems that comply with prudential regulatory standards and risk management strategies.
Establish good working relations with professionals (bankers, auditors or statutory organizations) and regulators such as SASRA that support growth of a vibrant financial institution.
Timely submission of regulatory reports
Update the Sacco Board and management on changes in legislation or regulations that may affect business operations.
Overseeing Human Resource management and development
Organizing all Board and subcommittee meetings, AGMs and SGMs, supervisory and joint

meetings as well as any other special or impromptu meetings
Keeping minutes of all general meetings and meetings of the Board of Directors
Performing such other duties as may be directed by the Board of Directors

Minimum Qualifications and Attributes

A Bachelor’s Degree in Finance or related field preferably Bcom or BBM/ (Finance and Accounting) option
A professional accounting qualification CPA K or ACCA
Diploma in Cooperative Management will be an added advantage
5-7 years’ experience in Financial Management in a financial institution.
Preferably a member in good standing with ICPAK or equivalent professional body.
Sound knowledge of Banking and Sacco laws and regulations
A person of integrity, team player with effective communication skills
Strategic thinker with good commercial judgement and ability to identify economic opportunities in changing environment and capitalize on them
Sound judgement and decision-making ability on lending across all sectors
Customer-focused – striking a solid balance between external and internal customer orientation.
Excellent leadership, interpersonal and team management skills more

The Role
Specifically, the successful jobholder will be required to:

Lead sales efforts and business growth in Co-operatives & CIBD Division.
Originate, structure, and close mortgage/project cases, managing end-to-end deal conversion and revenue momentum.
Develop and manage a mortgage pipeline, driving quality business through effective customer engagement.
Ensure portfolio quality in... adherence to the bank’s credit policy and risk management practices.
Provide continuous product knowledge and support to Relationship Managers and customers, maximizing opportunity identification and solutions.
Implement processes for early identification of problem accounts, collaborating closely with Relationship Managers.
Monitor MIS/risk reports rigorously to mitigate potential risk factors.
Monitor account conduct, payment of facilities, and covenant compliance.
Support customers in financial challenges, facilitating appropriate restructuring to preserve the bank’s position.
Ensure compliance with KYC and ALM measures, in line with regulatory requirements.
Develop and maintain strong relationships with business function units.
Enhance product visibility and market presence within CIBD and CBD.
Foster partnerships to create an end-to-end customer approach and enhance the value chain.
Conduct post-implementation reviews on key accounts, recording learning points for process improvement.
Collaborate with product development teams and participate in staff training on mortgage products.
Ensure strict adherence to all regulations, statutes, standards, and internal processes and procedures.
Contribute to department/division attaining a “Satisfactory” rating in both internal and external audits by adhering to standards and regulations.

Skills, Competencies and Experience
The successful candidate will be required to have the following skills and competencies:

A Bachelor’s degree in Finance/Accounting, Business Administration, Economics, or related field.
An MBA and professional qualification in accountancy preferred.
Knowledge and experience in real estate/project/construction finance, preferably in a banking environment.
Ability to package solutions for emerging customer needs.
Ability to drive sales and uptake of mortgage finance products.
Knowledge in mortgage finance products and services.
Capacity to ensure compliance with product credit policy and operations.
A team player who can collaborate with business segments to identify client potential and ensure disbursements. more