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Kenya Post Office Savings Bank (Postbank)    |   Nairobi, Kenya   |   Log in or register to see the closing date

Manager/Financial Accounting & Reporting

  • Bachelor's degree
  • Accounting, finance, banking, insurance
  • Manager (team leader)
  • Full Time
  • Permanent

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Job Summary

PB 4 – KPOSB/F&A/4/18

Position Function
Reporting to the Head Finance and Accounts, the position is responsible for formulating, implementing and enforcing of accounting and internal control systems. It is also responsible for overall management of the Bank reconciliation’s, suspense accounts reconciliation, and financial reporting. The office holder will be required to prepare accurate, timely and reliable periodic financial reports for external and internal stakeholders.

Knowledge, Skills and Abilities
• Bachelor’s Degree in a Finance or Accounting field.
• Certified Public Accountant (CPA (K), ACCA or CFA qualification.
• Member of the Institute of Certified Public Accountants of Kenya
• ICT Proficiency.
• Experience in leading various multiple teams and ability to work effectively across teams.
• 7 year’s satisfactory service and relevant work experience in Finance & Accounts 3 of which should be at Managerial level.

Terms of Service and Remuneration

The appointments will be for a contractual period of three years, renewable for a similar period of time subject to satisfactory performance and delivery of set performance targets and outcomes.

Applications must be delivered to the Postbank Headquarters situated at Postbank House, 4th Floor; Market Lane Off 17 Banda Street.


• Oversee preparation of financial reports and ensure Banks compliance with all statutory requirements.

• Coordinate preparation of audit schedules in readiness for both the internal and external audit.
• Review internal and external audit reports and critically evaluate findings and recommendations for adoption by Management.
• Oversee the preparation and implementation of the budget and management of fixed asset register and stores.
• Monitor reconciliation of all Cash and Bank accounts, Debtors and Bank tenant’s subsidiary against the general ledger.
• Manage the fixed assets including ensuring that the register is regularly maintained and up to date and in line with the bank’s laid down policies and procedures.
• Supervise, appraise, guide mentor and train staff while ensuring maximum staff productivity.

General Information

Salary rangeNot specified
Additional informationNot specified
Contract type: Permanent
Job type: Full Time
Location: Nairobi
Area of work: Accounting, finance, banking, insurance
Seniority: Manager (team leader)

Job Requirements

Required education: Bachelor's degree
Required relevant work experience: 7 years
Required skills: Budgeting, financial planning; Project monitoring and evaluation (M&E); Accounting; Financial analysis; Financial reporting; CPA certification; Training delivery
Required languages: English (Spoken: fluent | Written: fluent)

Kenya Post Office Savings Bank (Postbank)

Banking, microfinance, insurance

The Kenya Post Office Savings Bank (Postbank) was established in 1910. Similar Savings services were offered across the East Africa region. When the East African Community broke up in 1977, the Kenya Government established its own savings bank. Postbank is primarily engaged in the mobilization of savings for national development and operates under the Kenya Post Office Savings Bank Act Cap 493B. In addition, the Bank offers local and international credit cards under the sponsorship of a commercial bank, Local and International Money Transfer Services (MTS), collections and disbursement services.