Job Title: Senior
Accountant
Hiring Organization: Faulu
MFB
Location – Locality: Nairobi
Location – Region: Kenya
Industry: Microfinance
Job Type: Full
Time
Salary: KES
Competitive
Date Posted: 03/11/2024
Job
Description
The
Senior Accountant – Reports to the Financial Manager and is responsible for
preparation of management reports, statutory reporting, taxation, system
related reviews (T24 / other interfaced systems) and Faulu Insurance Agency
management reports reviews.
Key responsibilities
- Preparation
of timely and accurate financial reporting
- Facilitate
in preparation and submissions of statutory reports
- Responsible
for IFRS 9 impairment ECL calculation
- Responsible
for Company Taxation
- Fixed
Assets Management
- Responsible
for Faulu Insurance Agency Management reports review
- System
related reviews and process improvements
Key
responsibilities
Financial
& Regulatory Reporting
- Review
of management reports for submission to various parties – EXCO, Board,
Group etc.
- Review
of financial reports for submission to regulators and other stakeholder’s
e.g. CBK, KRA, IRA etc.
- Review
of branch and Segment reports inline to Faulu bank reporting framework
- Liaison
with internal and External Auditors in carrying out periodical and Year
end Audits respectively.
- Review
of Financial & Management reports for Faulu Insurance Agency
IFRS 9
Impairments
- Calculation
of the Bank’s loan loss provisions and non-banking impairments in line
with IFRS 9 requirements
- Assist
in ensuring smooth running of the IFRS9 Operating Model and Governance
process.
- Assist
in ensuring the IFRS9 Operating Model is reviewed and improved on a
continuous manner.
System
related reviews and process improvements
- Main
liaison with any T24 project implementation as the finance team
representative
- T24
data reviews against interfaced systems
- Daily
monitoring of the T24 GL imbalances and processing of correction
Others
- Review
of Revenue assurance Reports
- Review
and posting T24 Transactions raised by Accountants.
- Review
and approvals of task assigned to Accountants.
Relationships
- Manager
Financial Reporting, Manager Finance Operations, Finance Manager -reviews
and approvals
- Manager-Business
Information & Innovation –Strategy related and automations.
Education
- Degree
in Business related Studies
- CPA
(K) /ACCA
- Other
Professional Certifications.
- Knowledge
and Skills
- Analytical
skills
- Management
and Leadership skills
- Financial
Management
- Excellent
Computer packages knowledge
- Working
knowledge of Emerge T24, D365 and R
Experience
- At
least 4 years’ experience in
- Financial
Accounting and Reporting in a banking environment.
- Personal
Attributes
- Demonstrate
management abilities.
- Analytical
- Confident
- Integrity
- Diligent
- Attention
to detail.
