Responsible for preparation and review of regulatory and statutory financial reports in a timely manner in accordance with the regulatory requirements and International Financial Reporting Standards. The holder of this role should seek to establish and maintain effective internal controls over financial reporting process.
Key Accountabilities:
- Preparation and submission of periodic financial reports in accordance with IFRS, statutory and regulatory requirements (CBK&KDIC).
- Coordinate preparation and submission to management of daily performance reports and insights into material movement in key parameters.
- Establish and maintain effective internal controls over financial reporting process.
- Regular monitoring and review of all GLs for accuracy and appropriateness of business transactions recorded.
- Review of bank wide GL reconciliations and ensure outstanding items are investigated and cleared promptly.
- Monitor compliance with local regulatory limits and draw finance management attention for action to avoid breaches.
- Conduct impact assessment of new Standards and regulatory requirements on financial reporting.
- Liaise with the external auditor, internal auditors and market regulators in matters pertaining to audit, reporting and bank supervision.
- Effectively and collaboratively identify, escalate, mitigate, and resolve risk, conduct and compliance matters.
- Team management
- Any ad hoc tasks assigned by management.
Qualification and Experience
- Bachelor of Commerce (BCOM) majoring in accounting or equivalent degree.
- Relevant Professional Qualifications e.g, CPA (K) or ACCA.
- MBA (added advantage)
- Experience in data analysis
- At least 5 years’ experience in Auditing, Banking or Finance
- Big 4 experience will be an added advantage
Key Competencies and Skills
- In-depth knowledge of IFRSs
- In depth knowledge in Central Bank regulations
- Proficiency in excel and presentation skills.
- Excellent communication and interpersonal skills to effectively collaborate with stakeholders at all levels.
