Mhasibu Housing Company Limited (MHCL) is a wholly owned subsidiary of Mhasibu Sacco Society Ltd and has been ¡n the property business for over 8 years now with major focus on land buying and selling to Sacco members and the general public.
We are seeking to recruit a suitable, self-driven, result oriented and highly qualified individual for the following position:Job Description
Overall purpose of the job:
To oversee the organisation's financial and accounting processes, development and evaluation of financial policies, procedures and controls systems in addition to budgeting, cashflow management and management of financial resources.
Duties and responsibilities
Developing, documenting, implementing, and maintaining a comprehensive
Financial Plan for the Society,
Advising management, CEO and Board of Directors on the Sacco's financial position and financial and investment policies;
Examining financial transactions for accuracy and compliance with entity policies and applicable laws and regulations;
Communicate and advise the management regularly on financial status of the Society and funds available for activities, projects and programs;
Monitor and adhere to strategic issues including financial planning, budgetary control and liquidity management within stipulated policies and guidelines.
Advising the Board on various viable options for raising funds, analyzing market and competitors' trends;
Ensure accurate, timely financial record keeping and adequate budgetary controls are in place;
Timely preparation and presentation of management records, cost control reports and budgets;
Preparation and submission of accurate statutory reports as required.
Ensuring reconciliations are done periodically in adherence to specific deadlines;
Identifying emerging best practices within the industry which can assist the Sacco in producing accurate and reliable financial reporting information;
Recommending appropriate dividend issuances, based on historical dividend patterns and expected cash flows;
Facilitating the annual external audit process;
Completing projects and perform other duties as assigned from time to time.
Minimum academic and professional qualifications required
At least a Bachelor's degree ¡n Finance or Accounting, CPA Finalist,
Master Degree ¡s an added advantage,
A member of a relevant professional body,
Minimum 5 years relevant experience and in a management position,
Strong analytical skills, Proficiency in MS office suite of package
Candidates are expected to fulfill the requirements of Chapter Six of the Constitution of Kenya by obtaining the necessary documentation.