Deputy Chief Finance Officer at Ecobank Kenya

KEY RESPONSIBILITIES

• Develop strategic financial procedures to provide the basis for management decisions and control and maintain integrity of accounting practices, reporting and disclosure 
• Support the business mission proactively while providing independent judgement necessary to meet corporate objectives and policies. 
• Anticipate changes in the economy and business environment; analyze implications of change in relation to the business for opportunities and risks assessments. 
• Develop innovative and analytical approaches to provide more meaningful management information. 
• Maintain the required local regulations; coordinate the preparation and review of all local tax returns with local advisors and Corporate Tax Divisions. 
• Ensure compliance with local regulatory requirements as issued by the Banks Regulators, the Taxation Authorities, Ministry of Finance, and other bodies affecting the banking industry. 
• Provide management support in the development of the strategic plans. 
• Participate in the research and analysis of proposed and existing business transactions to determine impact on profitability. 
• Serve as a focal point of accounting and help with interpretation of financial data. 
• Technical and managerial support in respect of the country to the CFO. 
• Keep senior management informed of all new accounting policies and procedures and reporting rules and regulations and their implications. 
• Responsible for overseeing the preparation of year end annual financial statements and chief controller of annual statutory audit. 
• Ensure that the control and reporting of market risk reporting activities are reported accurately and timely.

LEGAL ENTITY MANAGEMENT 

• Supervise and monitor implementation of local GAAP, Group Accounting Policies and Procedures Manual (GAPPM) and IFRS 
• Capital planning and management, including Major Expenditure Proposals (MEP) 
• Corporate governance 

BALANCE SHEET CONTROLS 

• Supervise internal reporting for the Affiliate 
• Ensure full ownership and robust analysis of all balance sheet accounts 
• Conduct regular vertical and horizontal balance sheet reviews, both strategic and operational balance sheet management. 
• Review and monitor analysis of aged items, items at risk and red account reports 
• Supervise and monitor monthly preparation of balance sheet and control book 
• Management and reporting of inter-company items 
• Supervise and monitor the monthly balance sheet review meetings with account owners 

INTERNAL CONTROL ENVIRONMENT 

• Management and oversight of proof/e-recon process. 
• Risk and Control Self-Assessment Champion (RCSA) for the department. 

STATUTORY AND REGULATORY REPORTING 

• Mange and supervise local regulatory reporting 
• Manage and supervise local financial reporting 
• Oversee and coordinate audit and other external exams and reviews. 
• Monitor compliance with all local requirements 

TAXATION 

• Work with Tax Representative to ensure tax compliance and pro-active tax planning and management. 

EXPERIENCE & QUALIFICATION

• University Degree in Finance, Accounting or Relevant Business Studies.
• Minimum of 8 years post qualification experience in accounting or Audit environment of which 5 years must be at senior management positions in a banking or financial institution.
• Ability to interact and operate at both the Board and Exco levels. 
• Prior experience dealing with regulators (Central Bank, Tax Authorities). 
• Experience in Audit Firm, or a previous internal Audit position is an added advantage