Manager, Statutory Reporting

Knowledge, Skills and Experience Required for this Role

Job Knowledge

• Extensive knowledge in financial reporting, financial analysis, IFRSs, IASs, Chart of Accounts and the CBK Prudential Guidelines.
  

Job Experience

• Minimum of 8 years of experience working in the Finance Department; or
  

• 5 years working in an audit firm (Big 4).
  

Education

• Bachelor’s degree in Finance, Accounting or Business-related field.
  
• Certified Public Accountant – CPA(K) / ACCA accredited.
  
• Master’s degree will be an added advantage.
  

Competencies Required for this Role

• Expert in use of Microsoft Office applications (Excel, PowerPoint, Word).
  
• Experienced problem solver with an ability to rapidly assimilate complex information across a variety of financial disciplines.
  
• Strong interpersonal skills to liaise and meet stakeholders’ demands.
  
• Demonstrated ability to work effectively across business units taking ownership and delivering results.
  
• Ability to handle multiple initiatives simultaneously with attention to detail in a fast-paced environment.
  
• Strong communication skills, oral and written, with ability to converse with a wide variety of people across functions.
  

Regulatory Reporting (70%)

• Accurate and timely submission of CBK reports.
  
• Accurate and timely submission of monthly KDIC reports.
  
• Preparation of Quarterly and Annual Publication and ensure that the Bank’s financials are published within the CBK timelines.
  
• Assist in the preparation of the annual financial statements and relevant notes.
  
• Co-ordinate external Interim and year-end audit procedures.
  
• Respond to queries/questionnaires raised by CBK, KBA and Audit firms.
  
• Continuous updating of templates to capture new/updated reporting lines and new returns.
  
• Assist in Budget and forecasting by performing regular analysis, projections, and simulations of scenarios to ensure that decisions are made in good time.
  
• Regular monitoring of set ratios and statutory limits and advise management on preventive actions to take. Support strategic initiatives of the Bank.
  
• Accurate and timely submission of Group Capital Adequacy schedules.
  
• Support ALCO by preparation and timely submission of schedules.
  
• Support the preparation of ICAAP and stress testing reports.
  
• Respond to queries raised by Head office team/performance management team.
  
• Assist in the preparation of Management and Group accounts.
  

Controls (20%)

• Identify areas of improvements and recommend corrective actions to IT or Project team
  
• Continually review and improve procedures assuring high level of control and accounting is maintained as well as improving efficiency.
  
• Ensuring that the integrity of the operating environment meets audit and regulatory standards.
  
• Appropriately assess risks when business decisions are made.
  
• Ensure procedural documentation is kept up to date.
  
• Balance sheet substantiation of allocated GLs.
  
• Continuous alignment of system numbers to reports.
  
• Closure of all audit issues raised by CBK, internal and external auditors.
  
• Ensuring Zero penalties on CBK reporting by ensuring full compliance.
  
• Train others on CBK prudential guidelines, IFRS/IAS standards, controls etc.
  

Revenue (10%)

• Monitor income reporting lines monthly to ensure there are no income leakages.
  
• Monitor expense reporting lines monthly to ensure expenses have been correctly captured and any mis-posts have been corrected.
  
• Continuously explore other areas of generating revenue in line with best practice.