Career Opportunities at Old Mutual Kenya

Job Description

The Senior Accountant - Reports to the Financial Manager and is responsible for preparation of management reports, statutory reporting, taxation, system related reviews (T24 / other interfaced systems) and Faulu Insurance Agency management reports reviews.

KEY MEASURABLE GOALS

• Preparation of timely and accurate financial reporting
• Facilitate in preparation and submissions of statutory reports
• Responsible for IFRS 9 impairment ECL calculation
• Responsible for Company Taxation
• Fixed Assets Management
• Responsible for  Faulu Insurance Agency Management reports review
• System related reviews and process improvements

KEY RESPONSIBILITIES

Financial & Regulatory Reporting                                               

• Review of management reports for submission to various parties – EXCO, Board, Group etc.
• Review of financial reports for submission to regulators and other stakeholder’s e.g. CBK, KRA, IRA etc.
• Review of branch and Segment reports inline to Faulu bank reporting framework
• Liaison with internal and External Auditors in carrying out periodical and Year end Audits respectively.
• Review of Financial & Management reports for Faulu Insurance Agency

 IFRS 9 Impairments

• Calculation of the Bank’s loan loss provisions and non-banking impairments in line with IFRS 9 requirements
• Assist in ensuring smooth running of the IFRS9 Operating Model and Governance process.
• Assist in ensuring the IFRS9 Operating Model is reviewed and improved on a continuous manner.

System related reviews and process improvements

• Main liaison with any T24  project implementation as the finance team representative
• T24 data reviews against interfaced systems
• Daily monitoring of the T24 GL imbalances and processing of correction

Others

• Review of Revenue assurance Reports
• Review and posting T24 Transactions raised by Accountants.
• Review and approvals of task assigned to Accountants.

Relationships

• Manager Financial Reporting, Manager Finance Operations, Finance Manager -reviews and approvals
• Manager-Business Information & Innovation –Strategy related and automations.

PERSON SPECIFICATION

Education

• Degree in Business related Studies
• CPA (K) /ACCA
• Other Professional Certifications.

Knowledge and Skills

• Analytical skills
• Management and Leadership skills
• Financial Management
• Excellent Computer packages knowledge
• Working knowledge of Emerge T24, D365 and R

Experience

•  At least 4 years' experience in
• Financial Accounting and Reporting in a banking environment.

Personal Attributes

• Demonstrate management abilities.
• Analytical
• Confident
• Integrity
• Diligent
• Attention to detail.

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Job Description

Provides telephonic and face-to-face service to customers and intermediaries. Delivers on daily production standards and adheres to service and quality standards. Adheres to business process and compliance rules. Entry level with less product and process knowledge than the Senior Consultant. Technical knowledge is limited to few processes and or products.