ACCOUNTING/FINANCE

Finance Jobs in Kenya in 2024

Well, it doesn’t have to be very challenging to secure finance jobs in Kenya, this article will guide you to land a job in the various finances. This is a huge field and there are opportunities there which are sometimes in areas one would seldom associate with finance. Here we will first review more general aspects of the finance occupation and the role they play for organizations before turning to specific positions.

EVERY FINANCE JOB IN KENYA IN 2024

This is the stewardship of the financial resources, capital and property of a business firm or corporation. Some of the extensive activities that fall under this area include; accounting, financial analysis, investment management, Auditing, tax planning, budgeting as well as risk management. Sustaining the corporate finance and following the guidelines and standards are more or less the work of the finance department. The finance department is the one that oversees all financial decisions that are made in the organization.

Different Types of Finance Jobs in Kenya

Again the finance responsibilities are not fixed and can greatly differ as result of the size and kind of the firm. Larger firms will have specific areas of the firm for each task while smaller firms may have one area that takes care of all of the functions at one time. Some of the most typical finance career categories in Kenya are listed below:Some of the most typical finance career categories in Kenya are listed below:

  • Financial Analyst
  • Accountant
  • Investment Manager
  • Auditor
  • Tax Consultant
  • Budget Analyst
  • Financial Planner
  • Chief Financial Officer (CFO)
  • Finance Manager
  • Treasury Analyst
  • Risk Manager
  • Payroll Manager
  • Compliance Officer
  • Loan Officer
  • Credit Analyst

Requirements and Qualifications

The general requirements for financial positions however may vary depending on the position as well as the company. Nonetheless, typical prerequisites consist of:

  • a university degree or diploma in any of the following: finance, accounting, economics or any related field from a accredited university
  • professional certifications such as ACCA, CPA, CFA, OR CIFA
  • knowledge of accounting applications for SAP, Excel or QuickBooks
  • good problem solving skills recognized strong ability that allows to analyse and solve problems
  • Professionalism: good communication, punctuality and well organized work with strong attention to details
  • adequate work experience normally varies depending on the level of the jobs requiring one or three years for junior employment or more for senior posts

EVERY FINANCE JOB IN KENYA IN 2024

Roles and Responsibilities of Finance Professionals

Basically, there are certain duties and tasks that financial specialists may have depending on their duties of the particular role. Typical duties include the following:

  • Maintenance of different records and accounting of money
  • conducting of financial researches for the purpose of navigating corporate decisions
  • compiling and preparing of balance sheets, income statements and other financial reports
  • making sure that the monetary guidelines are followed on the dot
  • preparing working balances, developing budgets and monitoring on the amount spent
  • performing of the audits to ensure that the financial reporting is accurate and reliable
  • the risk assessment and the management of investments

Salaries and Compensation for Finance Jobs in Kenya in 2024

The entry-level positions and the amount of experience one possesses together with the size of the company determines the salaries paid to finance professionals in Kenya. Although there are opportunities for higher income levels for such people in the finance career such as financial managers- KES500, 000- KES 1,200, 000 monthly wages or salaries, entry jobs in finance pay as low as KES 40,000. Additional wages, allowances, advantages such as insurance, mostly go hand in hand with compensation.

Institutions Offering Finance Courses in Kenya

Numerous institutions in Kenya offer courses to prepare you for a career in finance, including:

How to Get an Online Diploma for Finance Jobs in Kenya 2024

Such credit courses are especially suitable for people with lots of activities since they can take the classes online. Finance diploma courses one can acquire online include those availed by Alison, Coursera, and Udemy among others. More and more employers are beginning to recognize these qualifications and they allow you to build a broad grounding in finance without even having to step foot inside a classroom.

Take your shot and join only $13. 99 in Diploma in Finance course available right now at UDEMY.

Online courses also come with an advantage: little entry requirements. You only need to understand the English language and you are good to go.

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