Finance Manager at Stratostaff – July 2025

DUTIES AND RESPONSIBILITIES   

Financial Strategy and Planning

• Develop and implement financial strategies aligned with the SACCO’s overall goals.
• Lead financial forecasting, planning, and analysis.
• Advise the CEO and Board on financial implications of strategic decisions.

Budgeting and Financial Management

• Prepare and manage the SACCO’s annual budgets.
• Monitor financial performance and control expenditures in line with budgetary constraints.
• Identify and mitigate financial risks.

Financial Reporting and Compliance

• Oversee preparation of accurate monthly, quarterly, and annual financial reports.
• Ensure compliance with statutory requirements including SACCO regulations, tax laws, and reporting standards (IFRS/IAS).
• Coordinate internal and external audits and respond to audit findings.

Treasury and Investment Management

• Manage the SACCO’s cash flow, banking relationships, and investment portfolio.
• Ensure optimal liquidity and returns while safeguarding SACCO funds.

Senior Finance Manager at Stratostaff – July 2025

Leadership and Team Management

• Lead and develop the finance team for high performance.
• Foster a culture of accountability, integrity, and continuous improvement.

Regulatory and Stakeholder Engagement

• Liaise with regulators (e.g., SASRA, Central Bank) and ensure timely compliance with all regulatory requirements.
• Present financial updates and reports to the Board and other stakeholders.

Requirements

QUALIFICATIONS

• Bachelor’s degree in commerce, Business Administration, Finance, or a related field.
• CPA (K) certification is mandatory.
• A postgraduate degree (e.g., MBA or MSc in Finance) is an added advantage

EXPERIENCE

• Minimum of 10 years of progressive experience in financial management, with at least 5 years spent in a senior leadership role.
• Experience in a microfinance institution, bank, or other regulated financial institution is highly desirable.
• Proven expertise in the implementation and optimization of ERP systems, with a strong understanding of financial modules and cross-functional integration.
• In-depth knowledge of financial regulations, including IFRS standards, SASRA guidelines, and CBK reporting requirements.
• Demonstrated expertise in financial planning, budgeting, risk management, and ensuring compliance with statutory and regulatory frameworks.
• Strong analytical skills, with the ability to interpret complex financial data and present insights to senior management and the Board.
• familiarity with digital financial solutions and emerging trends in fintech and the broader financial sector that can enhance operational efficiency, improve decision- making, and elevate the customer experience.