Banking + 2 more
Description
Our client, a fast-growing bank in Kenya that operates on ethical, interest-free banking principles and is part of a major global financial group, is seeking to hire a Accountant- Group Reportings within their Finance Department. Reporting to the Senior Manager - Financial Controls, this role is based in Nairobi and sits within a dynamic team supporting the bank’s strategic objectives
Job Purpose
The Job holder will be responsible for Additionally, the incumbent will be responsible for Group reporting in liaison with the Senior Manager Financial Controls.
Group Reporting
Responsible for the preparation of Group reports as per SLA.
Responsible for collation of information from other units for completion of Group Reports.
Provide support to the Senior Manager Financial Controls with respect to Group reporting enquiries.
Liaise with MIS unit in automation of Group reports to improve on efficiencies.
Assist with External audit process by reviewing required audit schedules and support documents.
Preparation of ALCO pack.
Any other duties assigned from time to time.
Reliever Role for Accountant-Regulatory Reporting and Accountant -Financial Control
Provide backup for Accountant -Regulatory reporting and Accountant- Financial Control including IFRS and Central Bank Reporting.
Input for and validation of IFRS 9 provisioning model.
Support financial reporting team in respect of preparation of key financial reporting schedules for credit risk and liquidity risk, in line with department standards.
Key Control Standards
Internal financial controls and policies, standards & procedures, General Ledger standards and controls including financial data processing – integrity, accuracy, sufficiency, Systems security, Department
Operating Instructions and process flows, Key Control Standards, Key Control Self-Assessment, Key Risk Indicators, systems logical access control.
SPECIALISED SKILLS/EXPERIENCE
Education:
CPA-K or similar qualification.
University Degree in Finance, Accounting or Business Studies.
Experience and Skills
Minimum 3 years post qualification experience in a similar position and/or in accounting or audit environment
Knowledge of International Accounting and Reporting Best Practices
Good knowledge of the Financial and Banking sector
In depth knowledge on accounting concepts, principal, and knowledge of banking products.
Knowledge of reconciliation procedures
Knowledge of CBK electronic software reporting module
Knowledge of CBK reporting requirements and repercussions for failure to comply.
Good interpersonal skills and good verbal and written communication skills.
Good numerical skills
Good computer skills, especially MS Excel
Dynamic, analytical, and self-driven individual with the ability to work under pressure.
PRINCIPAL ACCOUNTABILITIES AND KEY PERFORMANCE INDICATORS
• Financial & Non – Financial (impact on end results “department budget, cost of operation, sales margin, operating income, staff discount”)
Financial: None
Non-Financial: To improve existing workflow and process based on business and product understanding.
Job Complexity / Judgment
In depth knowledge on accounting concepts, principal, and knowledge of banking products.
Key Relationship (Internal & External)
Internal:
Head of Finance (CFO)
Group Finance
Branches
Risk
IT
Internal Audit
Business teams (If required)
External:
Central Bank and other regulatory authorities e.g., KDIC
Tax Authority
Ministry of Finance
External Auditors
Tax advisors
Job Specification
Education
CPA Part 2 or similar qualification.
University Degree in Finance, Accounting or Business Studies is an added advantage.
Training / Skills
Excellent interpersonal skills and good verbal and written communication skills.
Excellent analytical thinking with integration skills to increase the effective use of Management data.
Excellent numerical skills.
Good computer skills, especially MS Excel.
Negotiation and presentation skills.
Creative, with initiative, flexible and able to work under pressure.
Strategic Planning skills
Work Experience
Minimum 3 years post qualification experience in a similar position and/or in accounting or audit environment
Knowledge of International Accounting and Reporting Best Practices
Good knowledge of the Financial and Banking sector
In depth knowledge on accounting concepts, principal, and knowledge of banking products.
Knowledge of reconciliation procedures
Knowledge of CBK electronic software reporting module
Knowledge of CBK reporting requirements and repercussions for failure to comply.
Good interpersonal skills and good verbal and written communication skills.
Good numerical skills
Good computer skills, especially MS Excel
Dynamic, analytical, and self-driven individual with the ability to work under pressure.
Competencies
Complex and varied work assignments requiring frequent careful choice in prioritizing, timing and sequence of procedures and steps.
High impact in terms of risk and delivery responsibilities.
More demanding internal and external customers due to financial sector sophistication and maturity requiring more sophisticated reports.
Strong decision-making ability is required on the application of local regulations and bank policies.
Interpretation and application of IFRS and IAS
Organization Reporting Relationship
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