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Despite being the most competitive industry, accounting, banking and insurance jobs in Kenya still attracts one of the highest numbers of job seekers. Banking (carried out by banks) is the accepting of monetary deposits and creation of credit. In Kenya banks are regulated by the Central Bank of Kenya (CBK). Insurance involves taking cover against financial loss with clear stipulated circumstances under which the policyholder will be compensated. Accounting is the systematic recording, comprehensive summarizing and reporting of financial transactions of an organization.Depending on the level seniority and job experience, accounting responsibilities will include cash forecasting, budgeting, auditing, book keeping, expenditure and revenue analysis e.t.c. Accounting involves analyzing of data and therefore demands strong numerical and analytical skills. Accountants also need to be conversant with accounting computer programmes.
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