Summary: Head of Finance at Kenya Institute of Management (KIM). Responsible for overseeing financial strategy, budgeting, resource allocation, and regulatory compliance to ensure long-term financial sustainability. Requires10 years’ experience in senior financial management.
Key Responsibilities
- Work closely with the executive team to provide strategic leadership
in all financial matters.
- Formulate financial targets and budgets in accordance to the
strategy determined by the Governing Council and monthly review of the
same with budget holders.
- Responsible for management of the capital expenditure budget to
ensure high rate of return in investment.
- Oversee treasury management to optimize cash flow and working
capital.
- Lead the negotiation of all financial contracts on behalf of the
institute to get the best value in money.
- Responsible for continuous review of internal controls and ensure
adherence to mitigate any risks that may arise.
- Ensure the institution complies with the statutory requirement like
Tax, SHA, NSSF and audits to avoid penalties from regulators.
- Secretary to the Finance and Investment Committee of the Governing
Council responsible for taking meetings.
- Oversee implementation of Governing Council resolutions in Finance
Department to ensure compliance.
- Serve as the first signatory of all institute bank’s accounts to
ensure accuracy of all payments before the final signatory.
- Develop and train staff to ensure proper succession planning and
availability of optimum skills.
KPIs
- Achievement of Profit Margin set
- Timely preparation of Budget
- Achievement of the set Budget
- Sound working capital
- Fixed assets safe custody
- Ensure statutory compliance
- Real time Financial reporting
- Availability and optimal utilisation of resources
Competencies
- Finance strategy development
- Financial Accounting
- Management Accounting
- Reporting
- Taxation
- Reconciliation
- Budget and Planning
- Stakeholder relationship Management
- Computer Literacy
- International Financial Reporting Standards (IFRS)
Knowledge & Experience
Required
- Master’s Degree on a relevant field from a recognized institution.
- Ten (10) years of relevant work experience
- Be a CPA finalist and a registered Member of ICPAK
How to Apply
