Finance Officer at Kenya Institute of Management (KIM)

Job Purpose

Deputise the head of finance and admin to oversee accounts receivable management creditors management, taxation, treasury management and ensure compliance of finance statutory (maintaining internal control systems)

Responsibilities

• Management of credit control function to ensure the revenues are well captured in the system to manage cash flow.
• Management of creditors to ensure that payments are done in a timely manner.
• Ensure proper management of funds through preparation of monthly and weekly forecasts to maintain the institute’s sound liquidity and reputation.
• Supervise bank reconciliations to ensure data is properly captured and all transactions are in order.
• Management of fixed assets, policies and procedures to ensure employees have a conducive working environment and customer satisfaction. They can also be used as collateral in case the institute requires extra funding.
• Carry out project related financial planning to ensure well utilisation of funds.
• Train and develop departmental staff in liaison with Human Resource through carrying out a training needs assessment to enhance their skills and competence.
• Deal with external customers such as auditors, banks, service providers and supplier to ensure compliance and seamless information flow.
• Ensure all insurance policies are in place to safeguard assets and staff of the institute.
• Supervise proper book keeping and filing to ensure all transactions are captured well.
• Tax planning and management for compliance with the regulator to avoid penalties.

Qualification

• Bachelor’s degree from a recognised institution
• Minimum level of personal and professional experience required to perform effectively in the role:
• Be a CPA finalist and a Member of ICPAK
• Minimum months or years of experience required to have to be appointed to the position : Five (5) years’ of relevant experience

Key Performance Indicators

• Timely Financial Reporting
• Internal Financial controls in place
• Financial policies in place
• Timely preparation and review of Institution Budget
• Cost efficiency

Behavioral

• Models experimentation and learning from trying new approaches.
• Leverages on the strength of other to accomplish the set objectives.
• Monitors clients’ satisfaction and makes/recommends changes to work processes or systems to improve results.
• Empowers the team to be effective and champions continuous improvement.