Monday, 11 August 2014

Is this an Eye Opener

Just the other day (on Wednesday) my good old friend updated his facebook status this was "It feels good to be a father, am gonna be a father soon". This status caught me by surprise when i asked the pal about it through a commented and he told me its for real.

I then made a mental note to myself to call him for clarification. That day passed, a second one passed, a second one passed even without realizing, the third day also passed even without realizing and on the fourth day i gave him this call. Guess what, this story wad for real, my pal's girlfriend was just a month pregnant for him!!!

What a tensed filled moment, mixed feelings and thoughts for him. After 2 days of debate from within i decided call the lady who is also a good friend of mine. The  lady also confirmed everything to me.

He is my college friend and a business partner too, ready to start a family soon. Am i late or is he too early??? Might this be an eye opener??




Just thinking loudly.


Monday, 19 May 2014

Accountants seek review of their law

Accountants are seeking to review the law governing them to ensure that every person practising the profession is a member of the group.
A planned amendment to the Accountants Act that was enacted in 2008, will bring all accountants in the country under the Institute of Certified Public Accountants (ICPAK).
“Further, any person wishing to provide accountancy services must also be a member of the institute,” said ICPAK chairman Benson Okundi in a special announcement last week.
It will also seek for a re-classification of institute membership, creating a new category for students and technicians to eliminate incidents of illegal practitioners.
ICPAK vice chair Rosemary Gituma said profession had been ambiguously defined to include book-keeping, financial accounting, auditing, forensic auditing, taxation and financial management.
She said companies and institutions should consider outsourcing accounting services in major projects instead of solely relying on in-house staff.
This will lead to faster implementation of projects as in-house accountants are relieved of the responsibility of managing financial aspects of special projects besides running their normal duties.
She said currently, most firms outsource project managers, quantity surveyors, architects and engineers even when such professionals are within the organisation but overlook the aspect of outsourcing financial expertise.

Friday, 4 April 2014

White Widow Samantha Lewthwaite 'planning new wave of revenge attacks' after death of Abubaker Shariff Ahmed 'Makaburi'

 

Revenge: Abubaker Shariff Ahmed and Samantha Lewthwaite
White Widow Samantha Lewthwaite was last night feared to be planning a new wave of attacks against Westerners in revenge for the killing of her terror teacher .
Al-Qaeda leader Sheikh Abubakar Shariff Ahmed is believed to have recruited hundreds of Brits - including Lewthwaite, her pal Jermaine Grant, who is on trial accused of bomb plots, and Lee Rigby’s killer Michael Adebolajo.
But Ahmed – known as Makaburi, meaning “graveyard” – was gunned down in Mombasa, Kenya, on Tuesday, just moments after he appeared in public to support five youths accused of being part of the terror group al-Shabaab.
Today we can also reveal how the hate preacher exclusively spoke to the Mirror last year and predicted his own death at the hands of the Kenyan government.
Intelligence sources fear mum-of-four Lewthwaite also blames the Kenyan authorities for the death of her mentor and will retaliate with attacks on Western targets across Africa.
A senior security source said: ­“International security services are on high alert after this latest bloody development. Makaburi was always believed to be at the very top of the hierarchy of terror organisation al-Shabaab.
“He had considerable influence over the recruitment and ideology of the group and most certainly had a hand in international operations.
“Intelligence suggests Makaburi introduced Samantha Lewthwaite to many influential figures within the al-Shabaab network – he guided her path to Jihad.
“This will be seen as yet another act of war and could spectacularly backfire on the Kenyan government if they are found to be responsible for his death.”
GettyAbubaker Shariff Ahmed
Bloody ending: Makaburi's body is taken from the scene

The source added: “Lewthwaite and her associates will want revenge.”
Intelligence sources have claimed a Kenyan hit-squad trained by Israeli Special Forces shot Makaburi.
But officials in Nairobi insisted Lewthwaite, 29, ordered the murder due to a power struggle within al-Shabaab.
But it is believed the pair remained close and were even in contact in recent months – despite Lewthwaite being the “world’s most wanted woman”.
Lewthwaite, a suspect in bomb plots across East Africa, fled Britain following the death of her husband, 7/7 London suicide bomber Germaine Lindsay .
Makaburi is believed to have taken Lewthwaite in and ­introduced her to a network of contacts in East Africa.
After years of openly praising violence in the name of Jihad, Makaburi was finally slaughtered by, “men in white robes” and left riddled with bullets next to a ditch.
A witness claimed Makaburi’s corpse was taken to the Masjid Musa mosque in Majengo, Mombasa – the place where the 45-year-old was suspected of meeting and mentoring Lewthwaite, Grant and Adebolajo.
His unwashed body was buried in his bloodstained clothes “to show he died as a martyr in the holy war”.
Abubaker Shariff Ahmed
Terror: Abubaker Shariff Ahmed was also known by the name Makaburi, meaning grave yard

If the Kenyan government ordered his execution, Makaburi was correct when he predicted his own death in a previously unpublished Mirror ­interview.
We can also reveal how he labelled David Cameron and Barack Obama terrorists and praised Woolwich killer Michael Adebolajo for, “avenging the deaths of innocent Muslims”.
For the last few months of his life Makaburi was effectively in hiding 24 hours a day and battling three separate court cases, in which he was accused of being a senior recruiter for al-Shabaab.
His friend Sheikh Aboud Rogo – another firebrand cleric – was assassinated in August 2012, as was successor Sheikh Ibrahim Rogo in October 2013.
But Makaburi was defiant in the face of death when he spoke to the Mirror just days after the bloody terror attacks at Nairobi’s Westgate mall in September.
At this hideout in the no-go area of Shanzu, Mombasa, he said: “I am doing nothing illegal.
Samantha Lewthwaite
White Widow: Samantha Lewthwaite

"My government wants to kill me – tried to kill me. Killed my friend and I am the terrorist?
“I am not the terrorist. To me, al-Shabaab is not the terrorist.
“I am a law-abiding citizen in my own country. If I have views, that is my right to have views, so why I am being targeted?
"You cannot go attacking Muslim countries and not expect another Muslim country not to help them.
"If somebody does that you term him as a terrorist. But you are the one going around countries attacking them.
“That is what England is doing, that is what America and France is doing. And that is reality – there is no simpler way of putting it”.
Makaburi and Lewthwaite, who became the most-wanted woman after Interpol issued an arrest warrant for her capture, are believed to have met in 2010 in Mombasa.
When asked about his association with her, he replied: “It would be very difficult for a lady to join al-Shabaab.
"Those people are living Islamically.”
But perhaps tellingly, he added: “Any woman would have to have a maharam [a chaperone].
“They would not allow a lady without a maharam to mingle amongst them. A lady is not allowed to travel without a maharam.”
Jermaine Grant
Suspected: Jermaine Grant is accused of ties to Somalia's Al-Qaeda-linked Shebab

Makaburi, who had been on a watch list for the past five years after the US government branded him a terrorist , continued defiantly: “Why isn’t David Cameron and Barack Obama being labelled as terrorists?
“They are the ones instructing wars on foreign soil.”
Makaburi denied allegations of being an al-Shabaab recruiter and claimed he was merely “helping” the young men who came to him for spiritual guidance.
He said: “Many young boys come here looking for help.
"They come to me and I’m termed as a recruiter for al-Shabaab, but who have I recruited?”
One of those “young boys” was Michael Adebolajo, 29, who, with vile accomplice Michael Adebowale, hacked soldier Lee Rigby to death in Woolwich, South East London.
Makaburi defended him and said: “He was avenging the deaths of ­innocent Muslims who are nothing to the West.”
A security source last night ­reiterated the warning that the terror boss’s death could have devastating ­consequences.
The source said: “Makaburi’s death will be celebrated in certain quarters but he will be a martyr for tens of thousands of ­terrorists and sympathisers.”

For more info
http://www.mirror.co.uk/news/world-news/white-widow-samantha-lewthwaite-planning-3363681#ixzz2xvthje9r
Follow us: @DailyMirror on Twitter | DailyMirror on Facebook

Wednesday, 2 April 2014

Accountant Vacancy at E.A Data Handlers (30-50K)

East Africa Data Handlers (E.A Data Handlers) is the premier data recovery center that offers data recovery and critical business processes, continuity services to governments, corporate organizations and even individuals across the African continent. We wish to recruit professionals to fill the following vacant position:

Accountant
Overall Objective Of This Position: To ensure that the company meets its financial obligations. The incumbent will report to Head of HR & Operations/Managing Director.
Duties/ Responsibilities.
  • Maintaining and reconciliation of petty cash.
  • Accurate and timely posting in the Accounting system and reconciliation of all operations. (E.g. sales, purchases, expenses and banking.)
  • Cash & cheques receipting.
  • Filing of documents.
  • En-cashing of weekly requisitions.
  • Raise payment vouchers.
  • Banking and Bank reconciliation.
  • Ensuring that proper and accurate accounting records are maintained and adequate internal controls are in place.
  • Ensuring timely preparation and payment of salaries.
  • Statutory compliance – ensure that the company complies with the law through processing of trade licenses (including renewals)
  • Identify short/long-term financial needs through cash budgeting.
  • Timely Statutory payments.
  • Financial management of the entire organization through development of financial growth plans.
  • Co-coordinating interim and final audits.
  • Finance correspondences to different stakeholders e.g. banks, suppliers and ensuring healthy relationship.
  • Monthly projections and debt collections.
  • Improve on cash flow management by ensuring timely collections (within 30-45 days) and payments of creditors (within 60 days).
  • Ensure all statutory are paid when due.
  • Any other duty that may be allocated to you from time to time.
Qualifications
  • Must have a bachelor’s degree in Commerce and majoring in Accounting/Finance option.
  • Must be CPA / ACCA Finalist.
  • Must have 3 years relevant job experience in accounts in large organizations.
  • Comfortable working alone and good at self-managing his own time
  • Able to work across the functions or departments
  • Very Mature and presentable individuals, preferably between 29 to 35 Years
  • Must be of high integrity; work with minimum supervision, result driven and self motivated
Only candidates who meet the above requirements should send their CV, to jobs@eadatahandlers.co.keindicating the title (Accountant) on the subject line before 7th April, 2014
Salary range: Ksh 30- 50,000

Wednesday, 19 March 2014

Accountant Intern.

You have been longing to prove yourself? Here is a wonderful opportunity to do so.
A  leading global manufacturers of adhesives in East Africa for packaging, printing, advertising, construction, bus body building, fiber glass, glass installation and marine sealing, is recruiting for an Accountant Intern.
The ideal candidate will be a dynamic and result oriented professional possessing integrity, good interpersonal, negotiation and communication skills, be a self-starter, team player, have excellent IT, analytical and numerical skills as well as excellent commercial sense and interest in business.
Key Responsibilities are:
  • Preparing reports, budgets, business plans and financial statements
  • Documenting and substantiating all financial transactions
  • Preparing and maintaining accounting ledgers (creditors, debtors, petty cash, expense etc)
  • Preparing and administering payroll and all related expenses
  • Preparing and submitting statutory payments and ensuring compliance with all taxation legislation
  • Preparing and maintaining a current record of all assets and liabilities
  • Debit and credit control.
  • Summarizing the current financial status by collecting information; preparing balance sheet, profit and loss statement, and other reports
  • Maintaining accounting controls by preparing and recommending policies and procedures.
  • Charged with financial forecasting and risk analysis.
The Successful Candidate MUST meet the following Requirements:
  • Bachelor’s degree in Accounting, Business Administration/Management, Commerce or related field
  • Minimum education: CPA Part 1 or equivalent
  • At least 1 year experience with an SME
  • Personal Attributes& Skills:
The incumbent must maintain strict confidentiality in performing the accounting duties and demonstrates the following personal attributes and skills:
  • Integrity
  • Initiative
  • Analytical skills
  • Development of procedures and business models
  • Leadership
  • Sound work ethics
Salary: Kshs. 15,000
Interested candidates who meet the above criteria should submit their online application on or before 21st March 2014 HERE

Chief Financial Officer Required

Finance Jobs in KenyaDo you need a new challenge in your profession Here is an opportunity for you. Aga Khan Unuiversity is recruiting....
The Aga Khan University (AKU) is a private, not for profit, international University first established in 1983, with 11 teaching sites in eight countries.
The University invites applications for the following position:
Chief Financial Officer, East Africa Region
Reporting to the Director General and CFO, AKU; the CFO for AKU in East Africa will be responsible to provide strategic leadership and clear direction to the financial functions at the regional level.
The successful candidate will partner with regional operations and support functions as a key advisor to the entity heads of the University to build influential relationships across the continuum and drive change.
S/he will play an important role in the overall strategic planning and implementation of financial programs and processes that can serve as a model for other countries.
The incumbent will also develop financial goals and budgets in consultation with the entity heads.
In addition the successful candidate will be responsible for strengthening and administering financial systems encompassing all University assets in East Africa, all sources of University income, including endowments, grants contracts and all categories of capital and operating expenses.
Applicants must hold a Masters’ degree preferably in Business Administration and/or be a Chartered Accountant or have equivalent financial qualifications, have 10-15 years of experience in the financial fields with senior level exposure, having managed a broad range of finance staff teams to cover all areas of financial management.
Substantial experience of managing a complex financial organization and establishing effective financial control and reporting systems is essential.
The ideal candidate will have strong management and team-building skills to lead a large division, excellent interpersonal skills to interact and communicate effectively, in writing and verbally, with faculty and staff having diverse backgrounds.
Proficiency in Kiswahili and French desirable
Interested candidates are requested to send their applications together with detailed Curriculum Vitae, names of three referees, telephone contact, e-mail address and copies of certificates and testimonials to,
The Manager,
Aga Khan University,
P.O. Box 39340 – 00623,
Parklands Nairobi
Email: hr.ans@aku.edu so as to reach no later than 31st March 2014
For more information please visit www.aku.edu

Monday, 3 February 2014

Position: Bank Tellers / Customer Service Representatives

Branch: Mombasa

A leading bank in Kenya is seeking to recruit the best Talent for Teller and Customer Service representative roles for their coastal branches.
The suitable candidate should:
  • Be a native of the Coastal region
  • Have worked in a similar role or had a front office/call Centre role for at least 6 months
  • Be a Graduate with ambition to advance
  • Crisp clear accent
  • Good command of English, Swahili, any other language will be an added advantage
  • KCSE mean grade C+ (plus), with a C+ (plus) in both Mathematics and English
  • Possess excellent interpersonal, communication skills and people skills
  • Preferably below 28 years of age
  • Computer proficient
Role entails but not limited to;
  • Accurately and efficiently make cash payments in a way that maximizes customer satisfaction, meeting daily transaction targets
  • Preparing cash for repatriation
  • Balance currency, coin, and cheques in cash drawers and calculate daily transactions
  • Cash cheques and pay out money after verifying that signatures are correct, that written and numerical amounts agree, and that accounts have sufficient funds.
  • Receive cheques and cash for deposit, verify amounts and authenticity of currency, and check accuracy of deposit slips. Examine cheques for endorsements and to verify other information such as dates, bank names, identification of the persons receiving payments and the legality of the documents.
  • Post customers’ transactions in order to record transactions and issue duly stamped receipts for the same and ensure daily balancing
  • Arrange monies received in cash boxes and coin dispensers according to denomination.
  • Batching together all entries and filing them.
  • Ensuring at close of the day the cash tallies to the system balances.
  • Cross-selling
  • Receiving of outward and in-house cheques
Application procedure:
Applicants should email their applications attaching detailed CV, scanned copy of national ID, degree certificate  and high school certificate ONLY. Names of three referees who can provide confidential assessment of their capabilities to a Search Committee.
All communications relating to applications for this position should be addressed to: therecexpert@gmail.com

Saturday, 1 February 2014

Junior Finance Assistant

Food and Agriculture Organization of the United Nations

Vacancy Anouncement No: FAO/03/2014
Issued on: 30th Jan 2014
Deadline For Application: 12th Feb 2014
Position Title:Junior Finance Assistant
Grade Level:SC-3
Contract Type:National Personnel Project
Duty Station:Nairobi
Organizational Unit: FAO-Somalia
Duration: 3 Months, with possible extension
Eligible Candidates:Kenyans
Anticipated Start Date:Immediately
General Description of task(s) and objectives to be achieved
Under the overall guidance of the officer in charge  (O.I.C) FAO Somalia and the direct supervision of the Head of Unit and/ Finance officer. The  Junior Finance Assistant will perform the following duties:
  • Play an operational and Office Assistant role to FAO programmes and subjects and projects and performs a variety of administrative functions of the officer.
  • Analyze payment workloads by project and maintain  the petty cash account for the OSU.
  • Develop and maintain the payment schedule to ensure as even a distribution as possible of payments throughout the month.
  • Receive money vendor invoices, follow up directly with concern staff members on all outstanding of more than 30 days and arrange the salary recovery after 90 days.
  • Operate GRMS (Global Resource Management System) financial transactions on the Oracle Based Enterprise Resource planning system for FAO.
  • Manage payroll deductions for UNSACCO  and medical insurance premiums.
  • Manage the UNHAS account and corresponding cash book.
  • Manage Accounts Payable and  Accounts receivable
  • Manage payment and Recovery of salary and operational advances
  • Act as a focal point between the bank and the office
  • Perform Bank reconciliations and prepare cheques and Bank transfers
  • Maintain the filling system of technical and administrative documents and correspondence.
  • Perform other related duties as required.
Key performance indicators
Minimum requirements:
  • Education:
  • Secondary school education. Bachelor’s degree in Finance, Accounting or Commerce will be an advantage.
  • Work Experience:
  • Two years of clerical, administrative or accounting experience.
  • Strong skills in basic computer packages-Knowledge in Word, Excel, Access, and Oracle .
  • Languages:
  • Working knowledge (level C) of the FAO official language used for communication within the country (English, French or Spanish) and working knowledge of the local language (Kiswahili) is required.
  • IT Skills:
  • Ability to effectively use standard office software, such as MS Office (Windows, Word, Outlook, Excel, Exchange) etc. Ability to use accounting software and other information systems and databases to insert data, make enquiries, retrieve/define ad hoc reports and analyses and edit results in appropriate format.
  • Office Management Skills:
  • Systematic, well structured and efficient approach to work assignments. Analytical ability, accuracy and consistency. Exercise diligence and care in dealing with records and expenditures.
  • Interpersonal Communications and Teamwork Skills:
  • The incumbent must possess a cooperative spirit, flexibility and openness to work in an international environment. Tact and courtesy. Ability to establish and maintain effective working relationships with people of different national and cultural background.
  • High degree of self-motivation and initiative. Willingness to learn and apply new analytical approaches.
To Apply:
Send your Application To:
Candidates are requested to submit a covering letter quoting the Position Title and Vacancy Announcement No.FAO/03/2014 along with their current/detailed Curriculum Vitae and FAO Personal Profile Form (PPF) available http://www.fao.org/employment/irecruitment-access/en/.
E-mail is the preferred means of receipt and the application should be sent to HR-Somalia@fao.org
Applications must be received by the deadline. Late applications will not be considered.
Only short listed candidates meeting all essential qualifications will be contacted.

Thursday, 30 January 2014

Accountant Kenya PRISK

 Accountant

Performers Rights Society of Kenya (PRISK) is a Collective Management Organisation licensed by the Kenya Copyright Board under the Copyright Act, 2001 to represent performers of audio and audio-visual works.
PRISK is mandated to collect license fees from the users of sound recordings and audiovisual works and distribute royalties to performers.
Purpose: Owing to our fast growing operations, we are currently seeking the services of a young, qualified, experienced and dynamic person to fill the above position.
Duties and Responsibilities
  • Timely preparation of monthly, quarterly and annual financial statements and reports under strict deadlines.
  • Accurate capture and posting of data and financial transactions in the accounting system.
  • Checking and verifying daily collections of license fees against bank statements and accurate preparation of collections reports.
  • Preparation of monthly reconciliations
  • Preparation of payment vouchers and handling accounts payables.
  • Monthly control accounts reconciliations of cash book, debtors, creditors, collections, payroll etc.
  • Timely remittance of tax returns and other statutory deductions
  • Maintenance of the general ledger fixed assets register
Qualifications and Key Competencies
  • Degree in Accounting or related field
  • Professional qualifications such as CPA (K) or ACCA.
  • Proficiency with Microsoft Office package programs such as Excel as well as an accounting package such as QuickBooks is a MUST.
  • Minimum 3 years experience working in a busy accounting office preferably in a similar environment.
  • Ability to communicate with people across all levels.
  • Ability to work flexibly and under pressure.
If you meet the above requirements, please send your resume and application letter to the address below. All applications must be delivered on or before Monday, 3rd February 2014.
The subject of the email should be ACCOUNTANT.
Chief Executive Officer
PRISK
Email: info@prisk.or.ke
Only selected interview candidates will be contacted. PRISK is an equal opportunity employer.
Female candidates are especially encouraged to apply.

Senior Accountant Jobs in Mombasa


Senior Accountant
The Catholic Secretariat of Mombasa is the Catholic Archdiocese of Mombasa (CAM) Administrative, facilitative and coordinative arm through which the CAM implements and coordinates various pastoral programs at the Archdiocese level and undertakes all those responsibilities which express the mission of the Catholic Church.
The organization is seeking for an outstanding, dynamic and result-oriented individual to fill the position of a Senior Accountant who shall be responsible for maintaining highest levels of integrity, quality and timeliness in financial reporting, in compliance with the organization’s internal policies, Regulatory requirements and donor rules and regulations.
Reporting line: The senior accountant shall supervise two accountants and reports to the Finance and admin manager.
Duties and responsibilities
  • Overseeing the accounting function including budgeting, cash flow management, payroll, management periodic reporting’s, asset records management, financial variance and accounts analysis, compliance with various legal requirements regarding licenses, rates, labor laws and tax returns, and also facilitating annual external audits; all these, in accordance with generally accepted accounting principles, financial policies and procedures of CAM and all other applicable laws, rules and guidelines.
  • Managing the accounting department and overall supervision over the maintenance of accounting records in the QuickBooks accounting system.
  • Continuous enhancement of internal control policies and procedures, and administering them; including interpreting and explaining applicable rules, laws and regulations to other department heads and staff.
  • Assisting in the development and adherence of current and long-term organizational goals and objectives as well as policies and procedures for the organization.
Minimum Qualifications
  • An undergraduate degree in accounting or finance and a qualified Accountant with CPA (K).
  • A minimum of 3 years relevant experience in a not for profit organization.
  • Experience in implementing and utilizing QuickBooks accounting software.
  • Exposure to International Financial Reporting Standards.
Personal Traits
  • Is a committed Catholic, with good recommendation from own Parish Priest
  • Is a person of attested integrity, with high degree of stewardship of resources
  • Excellent analytical, organizational, interpersonal, leadership and communication skills.
  • Result oriented, self-motivated and energetic.
Closing date 11th February, 2014
The applicants must include their certified testimonials certificates, detailed curriculum vitae, recommendation from their parish priests, three referees, and day time telephone numbers, and send them to:
The Human Resource Manager,
Archdiocese of Mombasa
Box 84425 – 80100
Mombasa.

Payroll Manager

Kirinyaga County Jobs 

Kirinyaga County Jobs 2014. 
County Assembly of Kirinyaga
County Payroll Manager
Job Group “P”
1 Post
The County Assembly of Kirinyaga wishes to recruit a competent and qualified person to fill the post of county Payroll Manager.
He/she will be heading the payroll unit and will be reporting to the Human Resource Manager of the county.
Duties and Responsibilities
  • Developing integrated County Assembly payroll management systems
  • Developing monthly payroll systems
  • Assisting in the preparation of the Human Resource Management budgets
  • Preparing and maintaining standard ad hoc reports queries and conducting appropriate audits to ensure integrity.
  • Preparing and maintaining accurate Human Resource records
  • Coordinating with relevant departments
Requirements for appointment:
  • Bachelors degree in Finance, Accounting, Business Administration, Commerce or in a relevant field
  • A masters degree will be an added advantage.
  • Relevant working experience of not less than three (3) years in payroll management.
  • At least CPA part two qualification is highly preferred for this position
  • Hands on experience on payroll packages preferably IPPD or G pay
Application Criteria
Persons interested in filling the above position should submit their application letters, accompanied by detailed Curriculum Vitae indicating their telephone numbers, copies of relevant academic and professional certificates, National Identity Card or passport, and other relevant supporting testimonials.
In addition, applicants should submit certificates of clearance from
  • The Ethics and Anti – corruption Commission
  • Higher Education Loans Board
  • Criminal Investigations department, and
  • The Kenya Revenue Authority as part of compliance with chapter Six of the constitution of Kenya.
Applications should be sent/delivered in a sealed envelope, clearly indicating the position applied for with the reference on the top left corner of the envelope and be addressed to;
The secretary
Kirinyaga County Assembly Service Board
P.O Box 55
Kerugoya.
Closing date 13th February 2014 any application received after this date shall not be considered.
Only short listed candidates will be contacted

CREDIT COLLECTION OFFICERS



In line with the business strategy, we are seeking highly competent, focused and results oriented professionals to fill the following position. 

This is a challenging but fulfilling position where the position holder will be based at the Business Support Centre in Nairobi with frequent travel to all Faulu Branches.
 
Credit Collection Officers

4 Vacancies

Job Ref: HR: 025/1/2014
 
Job Summary: Reporting to the Senior Collections Officer, the job holder will ensure compliance with internal credit policies and procedures, best practices and CBK prudential guidelines to facilitate management of credit risks within tolerable levels. 

He/she will ensure that ALL approved and disbursed loans are fully repaid as stipulated in the terms and conditions.

Key Roles and Expectations
  • Management of one day arrears for all disbursed loans within the institution.
  • Continuously track and report on the loan recovery progress for all loans in arrears.
  • Prepare weekly arrears reports for all the branches and follow with them to ensure full repayment.
  • Support branch collections and recovery processes then ensure recovery and debt collection processes are dully followed.
  • Prepare reports and make recommendations on bad debts for further decision making.
  • Process and maintain an updated register on loan related insurance claims and ensure prompt reimbursement.
  • Monitor debt collection response cycles and contacts as well as credit control performance.
  • Manage resource scheduling and the determination of priority of work and procedures to maximize production output and success levels.
  • Report and monitor all risks associated with debt recovery.
  • Generate compliance reports for use in decision making and performance appraisals.
Minimum Requirements
  • Business Related degree, Masters Degree will be an added advantage.
  • At least 2 years experience in lending in a financial institution with exposure in debt recovery /collection.
  • Business management skills.
  • Advanced knowledge and skills in Credit and Security management is a must.
  • Team leader/player.
  • Advanced knowledge of relevant laws governing financial institutions.
  • Good interpersonal and report writing skills with ability to communicate effectively.
  • Excellent leadership ability.
  • Ability to work independently.
  • Strong Christian values, commitment and passion for the transformation of the low income population.
If you meet the specified criteria, send your application via email to excitingcareers@faulukenya.com with the email subject as “Credit Collections Officer.” Include an application letter and an updated CV (including 3 referees, one of whom must be a spiritual leader) addressed as below:

Head of Human Resources
Faulu Kenya Limited
P.O Box 60240 – 00200,
Nairobi

Note: All applications should reach us on or before 7th February, 2014. 

Only shortlisted candidates will be contacted.