Finance Officer at Caritas MFB

Job description

Finance Officer position at Caritas MFB supporting the effective management of the Bank’s financial operations, requiring a Bachelor’s degree in Accounting with CPA(K) and 3-5 years experience in accounting or finance, preferably in a bank or microfinance institution, in a financial services environment, on-site role.

JOB PURPOSE

• Reporting to the Head of Finance & Strategy, the Finance Officer will support the effective management of the Bank’s financial operations by ensuring accurate financial reporting, timely reconciliations, effective management of accounts payable and receivable, compliance with statutory and regulatory requirements, and maintenance of sound financial controls.
• The role will contribute to the integrity of the Bank’s financial information and provide timely financial information to support management decision-making.

Key Responsibilities

• The Finance Officer will be responsible for:
• Financial Reporting & Analysis: Prepare accurate and timely monthly management accounts, financial reports, supporting schedules and financial analyses to support Management and Board decision-making.
• Reconciliations & General Ledger Management: Prepare and review bank, general ledger, suspense and control account reconciliations; ensure transactions are properly recorded, classified and supported, and promptly resolve outstanding items and exceptions.
• Accounts Payable & Receivable: Review and process supplier invoices, payments,staff claims and other financial transactions in line with approved policies andauthorization procedures, while maintaining accurate payable and receivable records.
• Budgeting & Performance Monitoring: Support preparation of annual budgets and forecasts, monitor financial performance against approved budgets, analyze variances and highlight significant exceptions for Management action.
• Strategic Plan Tracking: Support implementation and monitoring of the Bank’sStrategic Plan 2026–2030, including tracking strategic initiatives, milestones and KPIs, coordinating departmental performance updates, and preparing periodic strategy reports for Management and the Board.
• Statutory, Tax & Regulatory Compliance: Prepare applicable tax computations and returns and support preparation of statutory and regulatory financial returns, ensuring accuracy, compliance and timely submission and remittance.
• Financial Closing, IFRS & Audit Support: Support month-end and year-end closing processes, including accruals, prepayments and provisions; ensure compliance with applicable IFRS requirements; and prepare schedules and documentation for internal and external audits, including follow-up of audit findings.
• Financial Controls, Fixed Assets & Records Management: Review Branch and Head Office financial transactions, maintain the fixed asset register and financial records, follow up identified exceptions, and support strengthening of financial controls and safeguarding of financial information and documentation.
• Process Improvement & Other Responsibilities: Identify opportunities for automation, process improvement and enhanced efficiency within the Finance function, and undertake other finance and strategy-related duties as assigned by the Head of Finance & Strategy.

Qualifications & Experience

• Bachelor’s degree in accounting, Finance, Commerce, Business Administration, Economics, or a related discipline from a recognized university (MUST).
• Professional accounting qualification – CPA(K) or equivalent. Full professional qualifications will be an added advantage.
• Membership or eligibility for membership with ICPAK or another recognized professional accounting body will be an added advantage.
• At least 3–5 years’ relevant experience in accounting or finance, preferably within a bank, microfinance institution, SACCO, or other regulated financial institution.
• Practical experience in financial reporting, reconciliations, taxation, budgeting, accounts payable, and general ledger management.
• Good working knowledge of IFRS, taxation requirements, financial controls and regulatory reporting.
• Experience working with core banking systems, ERP/accounting systems, and financial reporting tools will be an added advantage.
• Advanced proficiency in Microsoft Excel and good data analysis skills

How to Apply

Interested candidates who meet the criteria above are encouraged to send their application letters and detailed CVs to: Email: recruitment@caritasmfb.co.ke. Kindly indicate the position title on the Subject Line: APPLICATION FOR FINANCE OFFICER. Closing date for application will be 05th September 2026. Only shortlisted candidates will be contacted.

Requirements

Apply by email: recruitment@caritasmfb.co.ke