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World Bank Group

Financial Officer

Nairobi, Kenya

5 days remaining

Country / Region

Africa
Nigeria
Uganda

Fuzu

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Head - Group Finance Reporting & Controls

Closing: May 8, 2024

4 days remaining

Published: Apr 27, 2024 (8 days ago)

Job Requirements

Education:

Work experience:

Language skills:

Job Summary

Contract Type:

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MINIMUM POSITION QUALIFICATIONS:

The preferred candidate will meet the following minimum criteria:

  • Hold a Bachelor's degree in any business related field from a recognized institution. A Master's degree will be an added advantage
  • Is a Certified Public Accountant
  • Has at least 10 years work experience in the finance field, including specific management experience in the following areas:
    • Financial Consolidation
    • Financial Analysis & performance management
    • People Management
    • Stakeholder management
    • Driving annual external audits
    • Experience in project management will be an added advantage.


Responsibilities

MINIMUM POSITION QUALIFICATIONS:

The preferred candidate will meet the following minimum criteria:

  • Hold a Bachelor's degree in any business related field from a recognized institution. A Master's degree will be an added advantage
  • Is a Certified Public Accountant
  • Has at least 10 years work experience in the finance field, including specific management experience in the following areas:
    • Financial Consolidation
    • Financial Analysis & performance management
    • People Management
    • Stakeholder management
    • Driving annual external audits
    • Experience in project management will be an added advantage.


  • Preparation of Group Financial statements in accordance with the International Financial Reporting standards (IFRS), Central Bank Prudential guidelines, Capital Markets Authority and other regulatory requirements.
  • Co-ordination of the Group’s external audit process working with group external auditors, country, and entity Heads of Finance to ensure timely completion of Audited Financial Statements.
  • Oversee implementation of the group financial reporting standards, chart of accounts, new IFRS while ensuring consistency in reporting and compliance regulatory requirements across various jurisdictions.
  • Working with various heads of finance, and unit heads, ensure timely completion and review of annual financial integrated reporting for approval and publication.
  • Coordinate Central Bank of Kenya (CBK) group consolidated reporting supervision and addressing any queries thereof.
  • Review of the group’s financial performance against targets providing insights into risks and opportunities per entity, financial and presentations of quality performance packs to group senior management. 
  • Oversight the implementation and review of the group financial models including but not limited to IFRS 9, IFRS 16, EIR, and Staff Loans Valuation models in compliance with IFRS.
  • In coordination with country heads of finance, scanning the various regulatory environment for regulatory changes that may impact the group, preparing an impact analysis and recommendations to Group Finance Director.
  • Oversight the Group Revenue Assurance function by ensuring process improvement on revenue collection, recording and reporting, highlighting and follow on collection on identified revenue leakages.
  • Oversight environmental, sustainability and governance alignment and reporting across the KCB Group.


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