Finance Manager at Kimisitu Sacco in Nairobi, Kenya

    Kimisitu Sacco logo

    Finance Manager

    Kimisitu SaccoNairobi, Kenya

    Posted

    5 days ago

    Apply by

    31 Aug

    Full Time
    On Site
    Senior
    Banking, Insurance & Financial Services
    Accounting, Auditing & Finance

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    Job Description

    The Finance Manager will be responsible for sound financial management of the Society in line with the Strategic Business and Financial Plans and International Prudential Accounting Standards. The role holder is responsible for managing the Sacco's financial resources and promoting prudent and just stewardship of the Sacco's financial resources, by implementing strong systems and policies of internal control that will lead to the production and application of accurate financial data.

    Key Responsibilities

    • Formulate and implement sound financial policies, procedures, strategies, and systems.
    • Administer and review the Society's Accounting Norms and Procedures.
    • Budget and conduct trend forecasting to guide the Society Board to achieve business objectives.
    • Advise the Chief Executive Officer on financial strategies and their impact on the Society's objectives.
    • Oversee and advise on prudent financial management and investment undertakings by adopting sound financial policies for optimum utilization and returns.
    • Manage the Society's financial resources and assets to support the effective implementation of the Society's objectives.
    • Formulate a strategic financial plan encompassing directing and control processes to enhance the overall business growth.
    • Prepare and implement the finance department's annual work plan.
    • A good team player and provide team leadership within the department through professional staff performance management.
    • Ensure that there are effective and prudent financial controls and risk management procedures in place to provide sustainable assurance and improvement of the Sacco's assets and properly account for all Sacco Assets and liabilities and safeguarding the same.
    • Coordinate external audit activities, oversee, and make sure that all accounting functions are thoroughly concluded to presentation for auditing, and respond to correspondents thereon.
    • Ensure compliance with the relevant statutory, legal, social, and regulatory requirements in execution of Society business.
    • Benchmark on market trends in the finance sector and giving periodic reports to the CEO.
    • Ensure timely and up to date reconciliations.
    • Compile the Society financial reports, manage and liaise with the relevant departments to ensure proper financial reports are done.
    • Management of costs to achieve the Society business growth.
    • Responsible for the smooth running of the Finance Department, review of staff performance, identify training needs, mentor, and coach staff.
    • Perform financial analysis, report, and interpretation to assist in decision making.
    • Participate in the recruitment of staff within the department.
    • Ensure compliance with financial and accounting standards and regulations.
    • Conduct appraisals on all projects to ensure positive returns on investments.
    • Implement technological innovations for sound financial management practices.

    Required Qualifications

    • Bachelor's degree in commerce, accounting, Finance, or business administration
    • Must be a CPA K/ACCA holder
    • Registered with ICPAK
    • Minimum of 8 years of relevant experience.
    • Advanced Excel and Microsoft Navision are an added advantage
    • Computer proficiency in ERP, IFRS
    • The data form must be completed in full. Incomplete forms will be disqualified.
    • In addition, the applicants should send an application letter with a detailed CV to jobs@kimisitusacco.or.ke by COB Monday, 31st August 2026, bearing the subjectline “Fosa Accountant.”
    • People with disabilities are encouraged to apply.
    • Only shortlisted candidates will be contacted

    Job Details

    Job Function

    Accounting, Auditing & Finance

    Minimum Experience

    8 years

    Education Level

    Bachelor’s Degree

    Area of Study

    Commerce

    Field of Study

    Accounting

    Languages

    English

    Additional Information

    How to Apply: Interested and qualified candidates should complete the application form at the provided link and also send an application letter with a detailed CV to jobs@kimisitusacco.or.ke by COB Monday, 31st August 2026, bearing the subjectline “Fosa Accountant.”

    Show Financial Stewardship and Leadership in Your Application

    This role is senior and demands a track record of managing finances for a SACCO or similar institution. Hiring managers will look for evidence of strategic financial planning, team leadership, and compliance with IFRS and regulatory standards.

    1. Highlight your CPA/ACCA and ICPAK registration: Make these credentials prominent on your CV and cover letter. They are non-negotiable for this role, so ensure they are easy to spot.

    2. Showcase your experience with financial systems: Mention your proficiency with ERP systems, especially Microsoft Navision, and advanced Excel skills. Provide examples of how you've used these tools to improve financial reporting or analysis.

    3. Demonstrate strategic financial planning: Describe a time you developed a financial plan or budget that aligned with organizational goals. Quantify the impact, such as cost savings or revenue growth.

    4. Emphasize your leadership and team development: As a manager, you'll be expected to lead and mentor staff. Share examples of how you've built and developed high-performing finance teams.

    5. Prepare to discuss compliance and risk management: Be ready to talk about how you've ensured compliance with statutory and regulatory requirements, and how you've managed financial risks in previous roles.

    6. Tailor your CV to the SACCO context: If you have experience in the SACCO or cooperative sector, highlight it. If not, emphasize transferable skills from similar financial institutions.

    7. Use the application form and email correctly: Complete the online form fully and also send your CV and cover letter to the specified email with the exact subject line. Incomplete applications will be disqualified.

    8. Show your commitment to continuous improvement: Mention any professional development, such as courses in IFRS or financial technology, to show you stay current in the field.

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    Tags

    CPA
    ACCA
    ICPAK
    financial management
    ERP