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  • Posted: Apr 27, 2024
    Deadline: Not specified
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    Kenya Commercial Bank Limited is registered as a non-operating holding company which started operations as a licensed banking institution with effect from January 1, 2016. The holding company oversees KCB Kenya - incorporated with effect from January 1, 2016 - and all KCB's regional units in Uganda, Tanzania, Rwanda, Burundi, Ethiopia and South Sudan. It als...
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    Head - Group Finance Reporting & Controls

    KEY RESPONSIBILITIES:

    • Preparation of Group Financial statements in accordance with the International Financial Reporting standards (IFRS), Central Bank Prudential guidelines, Capital Markets Authority and other regulatory requirements.
    • Co-ordination of the Group’s external audit process working with group external auditors, country, and entity Heads of Finance to ensure timely completion of Audited Financial Statements.
    • Oversee implementation of the group financial reporting standards, chart of accounts, new IFRS while ensuring consistency in reporting and compliance regulatory requirements across various jurisdictions. 
    • Working with various heads of finance, and unit heads, ensure timely completion and review of annual financial integrated reporting for approval and publication.
    • Coordinate Central Bank of Kenya (CBK) group consolidated reporting supervision and addressing any queries thereof.
    • Review of the group’s financial performance against targets providing insights into risks and opportunities per entity, financial and presentations of quality performance packs to group senior management. 
    • Oversight the implementation and review of the group financial models including but not limited to IFRS 9, IFRS 16, EIR, and Staff Loans Valuation models in compliance with IFRS.
    • In coordination with country heads of finance, scanning the various regulatory environment for regulatory changes that may impact the group, preparing an impact analysis and recommendations to Group Finance Director.
    • Oversight the Group Revenue Assurance function by ensuring process improvement on revenue collection, recording and reporting, highlighting and follow on collection on identified revenue leakages.
    • Oversight environmental, sustainability and governance alignment and reporting across the KCB Group.

    MINIMUM POSITION QUALIFICATIONS:

    The preferred candidate will meet the following minimum criteria:

    • Hold a Bachelor's degree in any business related field from a recognized institution. A Master's degree will be an added advantage
    • Is a Certified Public Accountant
    • Has at least 10 years work experience in the finance field, including specific management experience in the following areas:
      • Financial Consolidation
      • Financial Analysis & performance management
      • People Management
      • Stakeholder management
      • Driving annual external audits
      • Experience in project management will be an added advantage.

    Method of Application

    Interested and qualified? Go to KCB Bank Kenya on eoin.fa.em3.oraclecloud.com to apply

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