Head of Financial Reporting & Controls at Equity Bank Kenya

Purpose

• Responsible for preparation and review of regulatory and statutory financial reports in a a timely manner in accordance with the regulatory requirements and International Financial Reporting Standards.

Scope

• Management & Regulatory reporting, general accounting audit support and financial analysis.

DUTIES

• Preparation and submission of per-iodic financial reports in accordance with IFRS, statutory and regulatory requirements (CBK&KDIC).
• Coordinate preparation and submission to management of daily performance reports and insights into material movement in key parameters.
• Establish and maintain effective internal controls over financial reporting process.
• Regular monitoring and review of all GLs for accuracy and appropriateness of business transactions recorded.
• Review of bank wide GL reconciliations and ensure outstanding items are investigated and cleared promptly.
• Monitor compliance with local regulatory limits and draw finance management attention for action to avoid breaches.
• Conduct impact assessment of new Standards and regulatory requirements on financial reporting.
• Liaise with the external auditor, internal auditors and market regulators in matters pertaining to audit, reporting and bank supervision.
• Effectively and collaboratively identify, escalate, mitigate, and resolve risk, conduct and compliance matters.
• Team management by offering guidance, coaching, and training to team members as well as conducting performance evaluations.
• Develop, implement and maintain internal control policies and procedures to safeguard the bank’s assets and ensure the accuracy and reliability of financial reporting.
• Any ad hoc tasks assigned by management.

Qualifications
REQUIRED
COMPETENCE
And Experience
Required competence.

• Bachelor of Commerce (BCom) majoring in accounting or equivalent degree.
• Relevant Professional Qualifications e.g., CPA (K) or ACCA.
• MBA (added advantage)
• Experience in data analysis.
• In-depth knowledge of IFRSs.
• In depth knowledge in Central Bank regulations

Experience

• At least 8 years in Finance and Financial Reporting, preferably in a bank or in the financial services industry.