Finance Associate - LEAP Programme at Chancen International

• Financial Management & Reporting
• Lead the preparation and maintenance of accurate financial records, ensuring compliance with accounting standards and internal policies.
• Supervise bookkeeping activities carried out by third-party service providers and ensure timely reconciliation of accounts.
• Prepare and present financial reports to the Board and investors, including:
• Quarterly financial statements
• Budget vs actual performance reports
• Cash flow projections
• Loan portfolio performance and risk reports
• Develop and update quarterly forecasts for disbursements and repayments.
• Monitor financial performance and recommend corrective actions to meet targets.
• Budgeting & Forecasting
• Lead the annual budgeting process and provide periodic variance analysis.
• Manage cash flow and liquidity planning to ensure operational sustainability.
• Support long-term financial planning for programme growth.
• Portfolio & Loan Management
• Oversee and report on loan portfolio performance, including repayment trends and arrears management.
• Collaborate with loan collection service providers to ensure accuracy in:
• Loan reconciliations
• Outstanding balances
• Repayment schedules
• Provide data-driven insights to improve collection efficiency and portfolio quality.
• Compliance & Audit
• Ensure timely compliance with statutory and regulatory requirements (e.g., KRA filings, audits).
• Serve as the main point of contact for auditors and regulatory bodies.
• Maintain proper documentation and internal controls to meet legal and governance standards.
• Systems & Process Improvement
• Enhance financial systems and processes to improve accuracy, efficiency, and transparency.
• Leverage tools like Xero Accounting Software and Excel for reporting automation and data analytics.
• Board Engagement & Governance
• Prepare financial reports, briefing notes, and data packs for Board and Funders meetings.
• Coordinate with the management team to ensure all financial information required for Board decision-making is accurate and timely.
• Support the Board in reviewing financial performance, compliance matters, and portfolio health.

• Minimum 5 years’ experience in finance, accounting, or lending operations (preferably in microfinance, consumer finance or SACCO).
• Professional accounting qualification (CPA, ACCA, or equivalent) strongly preferred.
• Proficient in Xero Accounting Software and advanced Excel skills.
• Proven experience in financial reporting, budgeting, and portfolio management.
• Bachelor’s degree in Finance, Accounting, Economics, or related field.

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