Finance Officer (Loan Operations) at African Management Services Company (AMSCO)

Ref: KEN000205/WA

Job Summary:

The Finance Officer (Loan Operations) is responsible for the management of the Bank's loan portfolio in line with the Bank’s policies as well as International Financial Reporting Standards (IFRSs); ensuring completeness and accuracy of the Bank’s loan records and that its income is completely accounted for and fairly stated; and for providing loan reports and related disclosures.

Job Specifications:

The Finance Officer (Loan Operations) is responsible for:

• Ensuring that loan related transactions and functions are carried out accurately and timely;
• applying rules, sanctions and covenants to transactions and records;
• Identifying areas for improvement and system enhancements in loan operations;
• Carrying out periodic database reviews;
• Guiding management decisions and actions;
• Providing financial perspective and technical advice in committees and task forces;
• Carrying out loan administration tasks including, creating and maintaining client master records, timely booking disbursements, and attending to client queries and correspondence;
• Preparing billing statements in accordance with loan agreements and tracking the repayment of amounts due;
• Providing guidance to business units on loan operations;
• Extracting and providing information for covenant reporting;
• Reconciling monthly sub-ledger balances with the nominal ledger;
• Providing information on loan transactions through monthly disbursements listing, daily receipt allocations, libor reference spreadsheet and loan classifications, etc.;
• Addressing discrepancies and preparing and posting journals.

Qualifications:

• A Bachelor’s degree in Accounting, Business Administration, Commerce or related field, with relevant professional qualification such as ACCA, CPA, CFA or CIMA;  
• A minimum of 5-8 years of relevant experience in accounting and budgeting positions in a busy commercial banking or development financial institution environment;
• Proven track record in financial management and ability to carry out loan accounting and administration and accounting and budgeting functions, and maintaining reliable accounting systems and financial reporting;
• Strong quantitative orientation with financial modelling knowledge, computer literacy and hands-on skills in enterprise resource planning systems (particularly SAP);
• Financial and accountancy knowledge and comprehension of International Financial Reporting Standards;
• Strong analytical skills and excellent presentation proficiencies;
• Ability to work in a multi-cultural environment, manage dynamic priorities, strong professional independence, unquestionable integrity and able to work under pressure to deliver on strict deadlines with minimal supervision;
• Excellent interpersonal skills, able to work in diverse teams and with supervisory skills;
• Result oriented individual with excellent verbal and written communication skills.

Candidates must have a good knowledge of the operating environment. Please note that only shortlisted candidates will be contacted for interviews. Female candidates are strongly encouraged to apply.

Ad Visible Until: 2 August 2018