Manager Financial Accountant at KCB Bank Kenya

The job holder will be responsible for monthly/quarterly/Annual financial reporting, management of trade debtors and creditors, General Ledger controls & reconciliations, payments verification and approvals, bank reconciliations, cost management, Internal controls, budget preparation and variance analysis.

Key Responsibilities

• Manage the Monthly/Quarterly/Annual financial reporting and submission as per Group’s timelines, ensuring proper controls on financial reporting in compliance with IFRS/IAS, Companies Act, and Taxation Act, IRA guidelines and the Company’s policies and procedures.
• Manage, review, and approve all payments within the board approved limit for expenses, underwriter and medical provider’s payments.
• Manage the receivables process by ensuring adherence to KCB Bancassurance credit policy-daily/weekly tracking and reporting of receivables per region, monthly IFRS 9 provisions tracking.
• Manage the audit process, review the submissions for external audits and closure of audit queries.
• Manage the liquidity position of the unit ensuring accurate plan of cashflows and investment of excess liquidity in line with the investment policy.
• Manage the reconciliation of all ledger accounts of the unit for accuracy of the monthly GL reconciliations and Bank reconciliations.
• Provide accurate and timely financial planning and budgeting input for the unit in compliance with the KCB Group’s guidelines.
• Review the expenditure plans, track expenditure as per budget and analyse and report any significant variance to management with recommended actions.Ensuring all taxes are filled/paid in time in compliance with the relevant regulations.
• Lead a team of Assistant Finance Managers and Finance Clerks

The Person

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

• Bachelor’s Degree in Commerce (Finance or Accounting Option), Economics or related field
• Professional Qualifications in Accounting (CPAK/ACCA)
• At least 4 years' experience in a related field.