Senior Accountant at Equity Bank Kenya

Job Purpose:

The Senior Accountant will play a pivotal role in supporting group-level financial reporting and consolidation processes. This role involves the preparation and review of daily financial reports, monthly consolidated financial statements, IFRS 9 and IFRS 16 support, and participation in special projects as assigned. The ideal candidate will bring strong technical skills, attention to detail, and a collaborative approach to support timely and accurate financial reporting for the group.

Key Responsibilities:

• Prepare and submit accurate daily consolidated group financial reports, providing insights into material movements in key financial parameters.
• Compile and analyze monthly financial statements for the group, including subsidiaries and dormant entities.
• Maintain and monitor a standardized chart of accounts across all entities to ensure consistency and accuracy in reporting.
• Lead and coordinate external audit processes, ensuring timely delivery of requested information and resolution of audit queries.
• Collaborate with internal stakeholders and external partners on finance-related matters, providing professional and timely support.
• Review daily financial reports submitted by subsidiaries and compile a summarized management report with commentary on significant variances.
• Provide guidance to subsidiaries in analyzing and justifying movements in key profit and loss and balance sheet accounts.
• Support the preparation and analysis of IFRS 9 expected credit losses and IFRS 16 lease accounting entries on a monthly and quarterly basis.
• Ensure proper identification, recording, and elimination of intercompany transactions in the consolidated financial statements.
• Monitor and ensure adherence to internal and external financial reporting timelines.
• Take initiative in handling complex tasks independently while collaborating effectively within cross-functional teams.
• Work closely with key functional leaders across the organization to provide financial insights and support strategic decision-making.
• Perform ad hoc analysis and deliverables as requested by management or other departments.

Qualifications

Qualifications and Experience:

Education:

• Bachelor’s degree in commerce (Accounting major), Finance, or related field
• Accounting qualification such as CPA (K), ACCA, or equivalent
• MBA or postgraduate qualification will be an added advantage

Experience:

• Minimum of 2–3 years of relevant experience in financial reporting, preferably within a financial services or group reporting environment
• Strong understanding of IFRS, particularly IFRS 9 and IFRS 16
• Proven experience in consolidation of group accounts and intercompany reconciliations
• Familiarity with ERP systems and financial reporting tools
• Strong analytical, organizational, and communication skills
• High attention to detail, integrity, and ability to work under pressure to meet deadlines

Knowledge and Experience Required:

• More than 2 years in finance and financial reporting, preferably in the financial services sector.