Head, Financial Control
The Position:
Reporting to the Finance Director, this role is responsible for managing the Group monthly financial reporting processes, preparation of financial statements in accordance with IFRS, regulatory reporting in line with prudential guidelines and other regulatory requirements (Companies act, NSE & CMA), and fixed assets management. They ensure that robust controls are maintained around the internal models to provide assurance on the accuracy and completeness of the bank’s financial statements.
Responsibilities
- Preparation of Financial statements in accordance
with the International Financial Reporting standards
- Group consolidation
- Regulatory reporting; preparation of all CBK
reporting
- Finance models: Impairment model, EIR models,
Staff valuation
- Accuracy and completeness of the Fixed Assets
register
- External reporting requirements e.g. to CMA, NSE.
- Leadership over the month end reporting processes
across the Group
- Leadership over the supplier payments process
- Oversight Management of the Dormant Accounts for
KCB Kenya Business and the Personal Risk Margin.
- Management of supplier payments (Internal &
external) and liability through day to day account payables operations.
- Scanning the regulatory environment for regulatory
changes, preparing an impact analysis that provide insights for decision
making.
- Delivering regulatory reports to external
regulators, Group and Bank’s Senior management.
- Embedding data controls verifying the integrity of
reports with the General Ledger and underlying transaction processing
systems.
Qualifications
For the above position,
the successful applicant should have the following:
- University Degree preferably in Bachelor of
Commerce (Finance or Accounting Option) or other Business-related degree,
Bachelor of Arts (Economics), BSc. (Mathematics or Engineering) from an
institution recognised by CUE.
- MBA or CFA qualifications will be an added
advantage.
- Professional qualification in CPA(K) / ACCA is a
requirement
- 8 years’ management experience in Financial
Services Sector with at least over 6 years in a Leadership role covering
Strategy, Financial Analysis, Business performance management & Team
management
- Have an appreciation and operating knowledge of
the banking industry, regulation, market, trends as well as opportunities
and challenges.
- Excellent people management skills including a
strong talent development focus.
- Excellent communication and interpersonal skills.
How to Apply
The above position is a
demanding role for which the Bank will provide a competitive remuneration
package to the successful candidate. If you believe you can clearly demonstrate
your abilities to meet the criteria given above, please log in to our Recruitment Portal and
submit your application with a detailed CV.
To be considered your
application must be received by Friday,
10 September 2021.
Qualified candidates
with disability are encouraged to apply.
Only shortlisted
candidates will be contacted.
NB: In the event that
you are successful in an interview, we will require that you provide us with
the following documents:
- National I.D.
- KRA Pin Card
- Birth Certificate of self
- Passport Photo (White Background)
- NSSF Card
- NHIF Card
- Police Clearance Certificate (less than 5 Months
old)
- Academic and Professional certificates, including
official transcripts
- Certificates of Service from previous employers as
applicable