Faulu Kenya Deposit Taking Microfinance Limited is a dynamic Christian organization within the micro-finance sector.
Faulu was the first Micro Finance Institution in Kenya to be licensed by the Central Bank as a deposit taking institution.
In line with the growing business needs we are seeking highly competent, focused and results oriented professionals to fill the following positions:-
Reporting to the Head of Finance, the position holder will be primarily responsible for effective Financial Planning, regulatory reporting, cash and financial resources management in a manner consistent with the objectives of the Company.
Key Responsibilities
Evaluate, develop and implement cash management systems to optimize efficiencies and investments.
Manage long-term and short-term investment strategies.
Understand, manage, and supervise all aspects of cash flow.
Forecast daily cash requirements and execute daily financing decisions.
Negotiate and place excess funds to receive optimum income.
Risk management with respect to market and liquidity risks.
Assess risk/return for all products in accordance with the company objectives
Provide assurance that all incomes are completely collected and recognized
Manage, direct, and develop Treasury staff.
Recommend, implement and maintain process improvements.
Preparation of ALCO reports to support effective Assets-Liability Management
In conjunction with Head of Finance, carries out Scenario planning and Contingent Planning.
Facilitate the preparation, implementation and monitoring of companies Strategic Plans and budgets.
Prepare and or monitor company’s various cash flow forecasts and perform financial modeling.
Arrange approved Forex trades for any forex payments required for borrowing or for supplier payments.
Revenue assurance in liaison with relevant departments.
Manage relationships with the regulatory authorities, financial resources and service providers.
Working with banking operations to monitor the Vault cash balances and advise on replenishing or diminishing the amounts.
Qualifications and Experience
University degree in Finance, Accounting or related fields. MBA will be definite advantage
CPA (K) or equivalent qualification a mandatory requirement. MIS or related qualification desirable.
Faulu was the first Micro Finance Institution in Kenya to be licensed by the Central Bank as a deposit taking institution.
In line with the growing business needs we are seeking highly competent, focused and results oriented professionals to fill the following positions:-
1. Finance Manager – Treasury and Financial Planning
Reporting to the Head of Finance, the position holder will be primarily responsible for effective Financial Planning, regulatory reporting, cash and financial resources management in a manner consistent with the objectives of the Company.
Key Responsibilities
Evaluate, develop and implement cash management systems to optimize efficiencies and investments.
Manage long-term and short-term investment strategies.
Understand, manage, and supervise all aspects of cash flow.
Forecast daily cash requirements and execute daily financing decisions.
Negotiate and place excess funds to receive optimum income.
Risk management with respect to market and liquidity risks.
Assess risk/return for all products in accordance with the company objectives
Provide assurance that all incomes are completely collected and recognized
Manage, direct, and develop Treasury staff.
Recommend, implement and maintain process improvements.
Preparation of ALCO reports to support effective Assets-Liability Management
In conjunction with Head of Finance, carries out Scenario planning and Contingent Planning.
Facilitate the preparation, implementation and monitoring of companies Strategic Plans and budgets.
Prepare and or monitor company’s various cash flow forecasts and perform financial modeling.
Arrange approved Forex trades for any forex payments required for borrowing or for supplier payments.
Revenue assurance in liaison with relevant departments.
Manage relationships with the regulatory authorities, financial resources and service providers.
Working with banking operations to monitor the Vault cash balances and advise on replenishing or diminishing the amounts.
Qualifications and Experience
University degree in Finance, Accounting or related fields. MBA will be definite advantage
CPA (K) or equivalent qualification a mandatory requirement. MIS or related qualification desirable.