Senior Finance Officer- Treasury and Investment (ALM / Performance / IFRS / Risk) – Nairobi, Kenya

Job Description:

Under the supervision of, and reporting to the Chief Financial Officer, the Senior Finance Officer-Treasury and Investment will be responsible for developing the companies Investment and Treasury Strategy, Funding Strategy and Asset Liability Management as well as managing and monitoring treasury and investments performance, managing and monitoring the funding structure and ensuring capital adequacy and liquidity.

Responsibilities:

• In charge of developing the investment, capital management and asset liability management strategy
• Development of the company’s investment policy, funding strategy, and liquidity management strategy
• Develop, monitor and manage the business’s bank relationships
• Identification of fund managers for approval by the CFO and the Management Investment Committee
• Manage the performance of fund managers including setting appropriate performance benchmarks and ensuring that these benchmarks are achieved
• Give professional advice on strategic and tactical asset allocation
• Manage long term and short term cash flow and working capital /liquidity management.
• Manage balance sheet and day to day liquidity to support the business needs.
• Balance Sheet Optimisation
• Responsible for assets and liability matching, currency risk management and risk mitigation strategies such as hedging
• Forecast medium and long-term funding requirements
• Design and implementation of strategies to mitigate risks such as financial risk, market risk, credit risk, liquidity risks and capital management risks
• Manage and monitor treasury and investments
• Analyse and optimize investments’ return
• Oversee the work of the Treasury and investments department and ensure that all transactions are properly booked in an accurate and timely manner
• Review all investment accounts and ensure balance sheet reconciliations are done on a monthly basis and all reconciling items are resolved in a timely manner and that all balances are agreed with all counterparties.
• Ensure valuations of all investments is conducted in accordance with IFRS.
• Explore and propose new investment opportunities and different classes of investment to the MIC
• Produce monthly report and dashboards on investments including the macro and microeconomic outlooks guiding the short term and long-term investment strategy
• Coordinate with bank and asset managers
• Manage capital (share valuation, dividends, share buy-back, etc.)
• Work closely with the Membership Department/Unit
• Work on due diligence processes for financial institutions and other investment proposals
• Prepare management and board investment reports
• Implement effective people management initiatives including:
  • Monitoring workflow, volume of work deliverables and the delivery of work of direct reports;
  • Assisting team members in outlining their professional development goals and identifying any need for and monitoring “on the job training”; mentoring and coaching team members;
  • Ensuring the efficient and fair assignment of work to direct reports; and
  • Providing ongoing informal and formal feedback to direct reports and ensuring direct reports who are primary supervisors provide similar feedback to those they supervise.

Requirements: Qualification and Skill

• A Master’s degree in Business Administration (MBA), Finance or Accounting Option
• Bachelor of Commerce degree in Accounting or Finance
• Professional investment qualifications e.g. CFA
• Membership of a professional body such as CA, ICPAK, CIMA, ACCA or similar bodies
• A minimum of twelve (12) years relevant Investment and Treasury experience
• Knowledge in strategy development
• Knowledge in policy development
• Knowledge of and experience working in a Treasury function
• In-depth understanding of the global fixed income market and investments
• Knowledge and experience in foreign currency hedging strategies, cash flow forecasting and debt sourcing skills
• Good understanding of Solvency II and RBC
• Microsoft excel modelling capabilities
• Risk management skills
• Strong analytical skills with a high level of accuracy and attention to details
• Strong planning and organizing skills
• Proactive and autonomous.
• Proficiency in standard office computer applications.
• Demonstrate the company’s core values - unity of purpose, customer first approach, integrity, getting it first the right time and creativity;
• Ability to work in a multi-cultural environment;
• Excellent communication (oral, written and presentation) and interpersonal skills; and
• Fluency in written and spoken English. French will be an advantage.

If you wish to apply for the position, please send your CV to [email protected]  

Please visit www.caglobalint.com for more exciting opportunities.

Shearidan Rabsch

Manager- Banking and Finance       

CA Finance Global

CA Global will respond to short-listed candidates only. If you have not had any response in two weeks, please consider your application unsuccessful however your CV will be kept on our database for any other suitable positions.

CA Global Headhunters is an international staffing company with a specific focus on recruitment in Africa. Our extensive, diverse candidate network built up over 10 years comprises the most skilled and experienced candidates. We recruit talent of the highest standards across African sectors, including Mining, Oil & Gas, Engineering, Banking, Finance, Legal, Insurance, Commodities, and Agriculture. As African markets continue to grow and develop, so too does our skill and expertise, ensuring that we deliver the best service to both clients and candidates.

Thanks to our access to global networks and resources, we understand our clients’ cultures, operations, business strategies, and industries. We are always on par with the latest technologies and trends which assist us in sourcing the best talent for clients. Whatever stage of the project lifecycle, we can put forward the right candidates with the right skills.