Job Title: Finance Officer
Hiring Organization: Progressive Credit
Location – Locality: Nairobi
Location – Region: Kenya
Industry: Microfinance
Job Type: Full Time
Salary: KES
Date Posted: 05/28/2024
About
the Company:
Progressive
Credit Ltd is a leading non deposit taking Microfinance, known for its flexible
financial solutions that support our customers in achieving success. We are
well positioned, with presence in majority of the country’s major towns to
continually offer pleasant and
convenient services. We seek to recruit a dynamic, suitably qualified and
competent individuals with excellent leadership skills for the position of
Finance Officer.
Job Purpose
Responsible
for Financiers payments, reports generating, bank reconciliations, posting
restructure and rescheduling and posting of accounted imprests. Also supporting
the Head of Finance in carrying out the responsibilities of the department.
Duties
& Responsibilities
Financier
Management-Prepare payments to all Financiers as per offer letters, bank
cheques,
and Send updated loan statements. Post new loans from financiers and issue
receipts.
Management
Reports-Ensure timely generation and preparation of reports such as
balance
sheets, branch profit and loss statements, company financials, loan register,
sector reports, funding level report and liquidity reports and any other
report.
Budget
Preparation- Co-ordinate, and harmonize and consolidate all budgets and
participate
in budgetary controls.
Bank
Reconciliation-Carry out bank accounts reconciliation, verify and post
transactions.
Imprest
Management- Prepare payment voucher for imprest payments, disburse to
imprest
holders and clear and post all the accounted imprests in the system.
Restructure
and Rescheduling-Post restructures and reschedule loans as per approvals.
Branch
Support and Monitoring- Support branches where necessary, monitor the
management
of assets, stationery, petty cash and other items relating to Finance.
Tax
Return Filling-Generate and file marketers commission withholding tax (WHT) to
ensure compliance with tax commission and avoid penalties to the company.
Qualifications
and Experience
Degree in
Business Administration or Finance or equivalent from recognized university
Be a CPA
finalist and a Member of ICPAK
Conversant
with various computer accounting packages
At least
Three (3) years’ work experience in a busy accounting/finance and
administration
environment.
Sound
knowledge and understanding of budget management and control principles.
Flexibility,
problem-solving skills, accuracy, very good communication and interpersonal
skills.
How to
Apply
Interested candidates should send
their application and updated CV to
careers@progressivecr.com with the
subject line clearly marked as “Application for Finance Officer Position” or
through our recruitment agent. Applications to reach us on or before 30th
May 2024.
