Chief Finance Officer

Operational/day-to-day reporting:

• Principal/Headteacher – for budget management, finance operations, line management and internal school support.

Second (matrix) reporting line:

• Executive Directors – for shareholder matters, corporate governance and Board-related reporting and decision.
• Works closely with the Board of Governors and Finance/InvestmentCommittees on financial oversight, strategy and approvals.

Key Responsibilities

• Financial planning, reporting & governance: monthly management accounts for Senior Management; consolidated quarterly reports and
• Board packs for Executive Directors/Board; lead annual budgeting and re-forecasting; manage audits and governance documentation.
• Dual-line accountabilities: to the Principal – manage day-to-day finance operations including budgeting, cash flow, fee collection,payroll, procurement, inventory and line management; to Executive
• Directors/Board – strategic financial reporting, stewardship of restricted/donor funds and endowment, compliance with shareholder/Board directives and approvals for major transactions.
• Cashflow & treasury: rolling cash forecasts, banking relationships, liquidity management and signatory arrangements per Boarddelegations.
• Procurement & supply chain: enforce procurement policy, competitive sourcing and contract management for both curricula.
• Stock/inventory control: implement inventory systems, physical counts, reorder levels and reconciliations.
• Assets & maintenance: maintain fixed-asset register, depreciation, tagging, and capital expenditure planning.
• Community projects, scholarships & endowment: full financial management of community outreach projects and scholarships, donor compliance, fund accounting, investment policy advice and oversight of external managers where appointed.
• Compliance, risk & controls: ensure compliance with Kenyan tax and statutory (PAYE,NSSF/NHIF), maintain financial risk register and implement audit recommendations.
• Payroll & people payroll processing, statutory remittances and line manager finance, procurement and stores staff; build team capability.
• Strategic leadership & stakeholder engagement: contribute to strategy discussions, provide scenario modeling, present to non-financial stakeholders, support fundraising and donor reporting.
• Systems & efficiency: drive improvements, integration of MIS/finance ERP and automation.

Key performance indicators

• Timely delivery of monthly management accounts and Board reports.
• Budget variance control within agreed targets.
• Days cash on hand maintained at agreed minimum.
• Procurement cost savings and supplier performance improvements.
• Accuracy of stock records (target variance within agreed %).
• On-time statutory fillings and clean audit opinion.
• Timely donor/fund-specific reports and endowment performance per policy.

Qualifications & experience

• Bachelor's degree.CPA-K/ICPAK,ACCA,CIMA, CA or equivalent.
• Minimum 8-10 years progressive finance experience, inclusive 3-5 years in senior finance leadership.
• Experience managing restricted funds, donor reporting, grants, scholarships and/or endowment assets desirable.
• Familiarity with Kenyan regulatory and tax requirements and experience with auditors, banks and regulators.
• Experience in procurement, inventory management and multi- curriculum education settings is an added advantage.

Skills & attributes

• Strong financial analysis, forecasting and modeling skills.
• Knowledge of funds accounting and investment stewardship.
• Commercial acumen, strategic thinking and excellent communication.
• Leadership, integrity and service-oriented approach.
• Proficient with accounting systems and advanced Excel.

 Disclose your Current or Past salary details in your application.