Role: Finance Manager
Location: Head Office
About the Company:
Progressive Credit Ltd is a leading non deposit taking Microfinance, known for its flexible
financial solutions that support our customers in achieving success. We are well positioned,
with presence in majority of the country’s major towns to continually offer pleasant and
convenient services. We seek to recruit a dynamic, suitably qualified and competent individuals
with excellent leadership skills for the position of Finance Manager.
Job Purpose
To ensure that PCL Finance department manages organization financials in an efficient manner.
Duties & Responsibilities
∙Executive Role: Provide strategic financial leadership and oversight by serving as a key
link between the Head of Business Services, internal departments, external partners, and
regulatory bodies.
∙Company Strategy & Implementation: Champion the implementation of Funding,
contribute to the Finance Department’s Gantt chart execution, and be an active member
of the Company Strategy Committee.
∙Human Capital: Offer authentic leadership to the finance team by fostering staff
development through continuous training, mentorship, and coaching. Promote practical
learning through shadowing, support branch mentorship programs, and ensure effective
succession planning within the department.
∙Policy, processes& Procedures: Provide leadership in financial governance by
championing and overseeing the implementation of finance policies, processes, and
procedures across the company. Lead bi-annual reviews of finance policies and propose
new processes and guidelines in response to evolving business needs.
∙Accounting Records: Ensure financial data integrity and operational accuracy by
reviewing system entries, oversee posting of loan restructures and reschedules, ensure
timely and accurate bank reconciliations, and maintain accountability for petty cash and
imprest usage across departments and branches.
∙Payables Management: Ensure timely and accurate settlement of service provider
payments by verifying their authenticity in line with the Payables Process and oversee
quarterly vendor statement reconciliations.
∙Management Reports– Ensure comprehensive financial reporting, including preparation
of quarterly management accounts, monthly branch profit and loss statements, monthly
funding and liquidity reports, the annual cash flow forecast, and the company’s annual
budget.
∙Statutory Returns &Payments: Ensure timely filing of returns and payment of taxes e.g.
Income tax, Installment tax, Withholding Tax, VAT, Withholding VAT, PAYE, NHIF,
and NSSF & HELB amongst other taxes.
∙Audits: Oversee all audit functions, including internal and external audits, ensure timely
resolution and implementation of audit findings and management letter
recommendations, as well as compliance with KRA audit requirements.
∙Company Funding: Manage the company’s funding needs by advising the Head of
Business Services, applying for and overseeing funding, ensuring effective utilization, and
coordinating the timely renewal of overdrafts.
Qualifications and Experience
∙Degree in Business Administration or Finance or equivalent from recognized university
∙Membership in relevant professional bodies such as ACCA (Association of Chartered
Certified Accountants) or ICPAK (Institute of Certified Public Accountants of Kenya) is
highly valued.
∙Proven leadership and management skills
∙At least Seven (7) years’ work experience in a busy accounting/finance and administration
environment.
∙Sound knowledge and understanding of budget management and control principles.
∙Flexibility, problem-solving skills, accuracy, very good communication and interpersonal
skills.
How to Apply
Interested candidates should send their application and updated CV to
Manager Position”. Applications to reach us on or before 21st April 2025.
Progressive Credit Limited is an equal opportunity employer.
