Job Description

• Reporting and Financial Accounting, preparation of monthly, quarterly, and annual financial & regulatory reports and Revenue assurance reviews.

Key measurable goals

• Regulatory reporting accuracy and reporting. Computation of Loan loss provision under IFRS-9 standard. Financial reporting accuracy and reporting System related reviews and integrations General ledger maintenance including reconciliations-systems data Tax reconciliation, assessment, and Payments.

Key Responsibilities

Regulatory Reporting- CBK

• Preparation and submission of all regulatory reports
• Liquidity Returns
• Monthly & quarterly returns (BSM, Liquidity, Provisioning).
• Annual audited returns.
• Any other ad hoc CBK reports

Financial Reporting.

• Preparation of periodic business performance reports
• Monthly financial statements (Income Statement, Balance Sheet, etc).
• monthly branch & regional reports. Group (Old Mutual) reports.
• Business segment performance.
• Preparation of Board, EXCO/monthly business performance presentations.
• Support in the facilitation of internal and external Audits as per the agreed timelines.
• Assist in the computation of IFRS-16 Lease entries

IFRS-9 Model.

• Calculation of the Bank’s loan loss provisions and Non-banking impairments in line with IFRS 9 requirements 
• Assist in ensuring the smooth running of the IFRS9 Operating Model and Governance process. 
• Assist in ensuring the IFRS9 Operating Model is reviewed and improved in a continuous manner 

Taxation

• Assist in computations of monthly tax obligations (Withholding tax, Excise duty & corporate tax, etc.)
• Filing of tax returns.
• Perform quarterly tax health check.

Revenue Assurance

• Revenue assurance self-assessments/audits.
• General ledger reviews and mapping of T24 to D365
• Daily checks of income and Expenses accruals
• T24 integrations.
• New products set up in Business systems.
• Revenue optimization initiatives implementation
• Daily and monthly checks of interest rates, and fees to ensure they are captured correctly.
• Ensuring compliance with revenue assurance control measures.
• Review of any possible revenue leakage/Exposure and advise the management
• Revenue Data Analysis for Error and Fraud Detection
• Revenue Leakage Root Cause Analysis
• Application of Data analytics in Bank Revenue Assurance
• Recovering Revenue Leakages
• Review of Digi cash Transaction
• Review of Digi Loan Listing and recovery of Charges
• Follow up and closure of revenue Gaps/Leakages
• Checking Revenue against product Facts with an update on MEMOS shared on change of product.

Finance Controls

• Completion of Balance sheet substantiation
• Adherence to DCT controls
• Financial Analytic Reviews
• Proper reconciliation of assigned GL accounts.

Others

• Support in both external and internal Audits and Regulatory inspections
• Assist with the preparation of Ad-hoc or special-purpose management reports
• Management of UAP Loan interest and Repayments
• Daily Liquidity Report
• T24 data reviews against interfaced systems
• Daily monitoring of the T24 GL imbalances and processing of corrections
• Branch Support on manual computations from client’s queries
• Processing of Loan waivers
• Review of EDC payments.

Qualifications

Education

• Degree in Business related Studies and/or
• CPA (K) /ACC
• CFA/CPAK

Knowledge and Skills

• Financial Management
• Reporting writing skills
• Proficiency in Information and computer applications and packages
• Leadership Skills

Experience

• At least 2 years of working experience in banking/ financial institutions or 1 year as an Assistant Accountant in Financial Reporting.
• Budget and financial planning.

Personal Attributes

• Demonstrate management abilities.
• Analytical
• Confident
• Integrity
• Diligent
• Attention to detail.
• Accuracy
• Reliability and Speed

Skills

• Analytical Thinking, Banking, External Audit, Financial Accounting, Financial Analysis and Reporting, Financial Management, Financial Management Reporting, Financial Statements, General Ledger (GL), Income Statements, International Financial Reporting Standards (IFRS), Management Reporting, Reconciliations, Regulatory Reporting

Education

• Bachelor Of Business: Accounting Finance (Required)

How To Apply

Click Here To Apply

Deadline: Dec 18, 2023