JOB ROLE/ PURPOSE:

As a key member of the Executive Management team, The Manager Finance will direct and oversee the financial activities of the organization, direct the preparation of current financial reports and summaries, and create forecasts predicting future growth. The primary day-to-day responsibility for planning, implementing, managing and controlling all financial-related activities of the company and includes direct responsibility for accounting, finance, forecasting, strategic planning, job costing, legal, property management, deal analysis and negotiations, investor relationships and partnership compliance and private and institutional financing.

PRINCIPAL ACCOUNTABILITIES SPECIFIC ACTIVITIES
1. Works with the Board Chairman and other executives to coordinate planning and establish priorities for the planning process.
  • Provide leadership in the development for the continuous evaluation of short and long-term strategic financial objectives.
  • Review planning process and suggests improvements to current methods.
  • Direct and oversee all aspects of the Finance & Accounting functions of the organization.
  • Manage processes for financial forecasting, budgets and consolidation and reporting to the Company.
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2. Directs the preparation of all financial statements, including income statements, balance sheets, shareholder reports, tax returns, and governmental agency reports.
  • Take hands-on lead position of developing, implementing, and maintaining a comprehensive job cost system.
  • Analyzes operations to identify areas in need of reorganization, downsizing, or elimination.
  • Compares sales and profit projections to actual figures and budgeted expenses to actual expenses; makes or oversees any necessary adjustments to future projections and budgets.
  • Ensure that effective internal controls are in place and ensure compliance with GAAP and applicable federal, state and local regulatory laws and rules for financial and tax reporting.
  • Provide recommendations to strategically enhance financial performance and business opportunities.
  • Develop an accounting manual based on the SACCO’s accounting system.
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3. Studies long-range economic trends and projects their impact on future growth in sales and market share.
  • Oversees investment of funds and works with investment bankers to raise additional capital required for expansion.
  • Identifies opportunities for expansion into new product areas.
  • Ensure credibility of Finance group by providing timely and accurate analysis of budgets, financial trends and forecasts.
  • Evaluates and advises on the impact of long range planning, introduction of new programs/ strategies and regulatory action.
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4. Works with other department heads to monitor each department and make recommendations.
  • Establish and maintain strong relationships with senior executives so as to identify their needs and seek full range of business solutions.
  • Provide executive management with advice on the financial implications of business activities.
  • Oversees Accounting department, budget preparation, and audit functions.
PERSON SPECIFICATIONS
Essential requirements: a) Bachelor’s degree in Business Administration, Accounting or Finance required.

b) Full qualification in CPA or ACCA.

c) A minimum of 5 years’ experience in financial management 3 of which must be at leadership level.
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Desirable requirements: a) Master’s degree in Business Administration, Accounting or Finance.

MORE JOBS ( October 2024)

b) Experience in expenditure management and Budgetary control.
KNOWLEDGE

The candidate should possess knowledge of;

a)     Financial Planning & reporting

b)     Risk management and assurance

c)      Change management

d)     Negotiation and management
SPECIAL SKILLS & ATTRIBUTES

a)     Good administrative and public relations skills

b)     Strong decision making and problem-solving skills

c)      Excellent management and supervisory skills.

d)     Excellent analytical and organizational skills.

e)     Proficient in database and accounting computer application systems.

f)       Excellent written and verbal communication skills.

g)     Proficiency in applied computer skills/accounting software programs.
AGE LIMIT: BELOW 45 YEARS

Application procedure

Only Online Applications through Portal link https://bit.ly/m/URA-SACCO-JOBS-2023 will be accepted by 1700hrs on Monday 28th August 2023. Details of the scope of services, deliverables, required qualifications, experience and competences can be accessed through the same portal. You will receive a notification in your email if your applicotion has been successfully received. In the event that you are selected as a candidate for the job, it will be a requirement to provide certified copies of academic documents prior to appointment.

Please note:

1) All applicants that had previously applied for any of the positions should reapply.

2) URA Staff SACCO strives for inclusion and diversity and therefore considers all job applicants based on merit. We are an equol opportunity employer committed to having diverse workforce and do not ask for money at any stage of recruitment. Any form of lobbying shall lead to disqualification.

3) Only shortlisted candidates shall be contacted.

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