Financial Reporting and Standards Manager at Co-operative Bank of Kenya

The role

The successful jobholder will be expected to:

• Lead the Group’s financial reporting framework by embedding best practices and acting as the subject matter expert for IAS/IFRS.
• Coordinate and manage the Group’s external audits, ensuring timely completion and full compliance with regulatory and international standards.
• Review and implement new and updated IFRS standards, ensuring accurate integration into financial systems.
• Support the preparation and continuous improvement of Group and Bank financial statements and integrated annual reports.
• Provide technical guidance and IFRS alignment for all subsidiaries and business units.
• Oversee the Bank’s accounts receivable processes, ensuring timely income recognition and accurate reporting.
• Lead daily GL reviews and provide resolution support for financial anomalies.
• Manage financial consolidation across the Group, ensuring IFRS-aligned reporting and consistency.
• Administer the IFRS 9 model in partnership with the Portfolio Management team.
• Conduct stress testing for Kingdom Bank goodwill impairment and oversee bank borrowings’ covenant reporting.
• Train internal stakeholders on new accounting standards and lead system implementations/updates in compliance with IFRS.

Qualifications, Skills & Attributes

The successful jobholder will be required to possess the following qualifications: –

• A bachelor’s degree in Finance, Accounting, or a related field from a recognized institution. A master’s degree will be an added advantage.
• Full professional accounting qualification (CPA, ACCA, or equivalent) is mandatory.
• A minimum of 6 years in financial reporting and standards within banking or financial services
• A deep understanding of IFRS and financial regulatory requirements.
• Advanced knowledge of financial systems and reporting tools.
• Project management and stakeholder engagement skills.
• Strong data analysis and presentation capabilities.
• Proven track record in risk management and compliance.
• Familiarity with audit workflows, financial disclosures, and integrated reporting.