Head, Financial Control at KCB Bank Kenya

The Position:

Reporting to the Finance Director, this role is responsible for managing the Group monthly financial reporting processes, preparation of financial statements in accordance with IFRS, regulatory reporting in line with prudential guidelines and other regulatory requirements (Companies act, NSE & CMA), and fixed assets management. They ensure that robust controls are maintained around the internal models to provide assurance on the accuracy and completeness of the bank’s financial statements.

Key Responsibilities:

• Preparation of Financial statements in accordance with the International Financial Reporting standards
• Group consolidation
• Regulatory reporting; preparation of all CBK reporting
• Finance models: Impairment model, EIR models, Staff valuation
• Accuracy and completeness of the Fixed Assets register
• External reporting requirements e.g. to CMA, NSE.
• Leadership over the month end reporting processes across the Group
• Leadership over the supplier payments process
• Oversight Management of the Dormant Accounts for KCB Kenya Business and the Personal Risk Margin.
• Management of supplier payments (Internal & external) and liability through day to day account payables operations.
• Scanning the regulatory environment for regulatory changes, preparing an impact analysis that provide insights for decision making.
• Delivering regulatory reports to external regulators, Group and Bank’s Senior management.
• Embedding data controls verifying the integrity of reports with the General Ledger and underlying transaction processing systems.

Job Requirements:

For the above position, the successful applicant should have the following:

• University Degree preferably in Bachelor of Commerce (Finance or Accounting Option) or other Business-related degree, Bachelor of Arts (Economics), BSc. (Mathematics or Engineering) from an institution recognised by CUE.
• MBA or CFA qualifications will be an added advantage.
• Professional qualification in CPA(K) / ACCA is a requirement
• 8 years’ management experience in Financial Services Sector with at least over 6 years in a Leadership role covering Strategy, Financial Analysis, Business performance management & Team management
• Have an appreciation and operating knowledge of the banking industry, regulation, market, trends as well as opportunities and challenges.
• Excellent people management skills including a strong talent development focus.
• Excellent communication and interpersonal skills.