Job Vacancies at Equity Bank Kenya

Key Responsibilities

Business Partnering

• Act as the key interface between business units and finance on all finance related decisions like budgeting, Business case analysis, contract review and negotiations, unusual! accounting support.

Budgeting

• The finance business partner will work with assigned business unit to prepare budgets and track strategic objectives against targets.
• Ensure Capital budgets for the business units are reviewed and approved.
• Track business unit actual performance vs budget
• Support on any exceptional budget request

Performance Management

• Work with business units to develop unit scorecard.
• Support on scorecard performance for the business unit.
• Provide insights to the business unit on customer profitability, channel profitability and product profitability.
• Identify, research, and provide information on market trends and its impact on the Business.

Capex appraisal and Benefit Realization

•  Support on business case development and approval.
• Track and measure benefit realization from implemented projects and Capex spend by the business unit against the business case projections.

Cost management

• Drive cost optimization initiatives within the business units.
• Review contracts from the business unit to ensure accuracy of agreed scope and costs.
• Participate in contract negotiations relating to the business units.

Product Pricing

• Advise the business unit on the best pricing point for new products and conduct review of existing product pricing.
• Any other duties that might be required to be carried out.

Qualifications, Experiences

• Education qualifications
• Years of experience
• Professional qualifications required.
• Other qualifications
• Bachelor’s degree in finance or business-related course.
• Minimum 5 years’ experience with at least 3 years plus experience in Finance business partnering, financial statement analysis or performance analyst.
• CPA K/ACCA required.
• Data analytic tools such as power BI, SQL will be an added advantage.

Key Competencies & Skills

• Expert level understanding of income statement, balance sheet, margin returns, variance analysis, capital and liquidity requirements, revenues, head count analytics, and other key ratios through business engagement.
• Ability to manage multiple simultaneous projects requiring frequent communication, organization, time management, and problem-solving skills.
• Can develop relationships with a wide variety of functional roles and organizational levels to drive cross-functional initiatives involving teammates from across the organization.
• Excellent communication and stakeholder management skills.
• Good presentation skills with ability to break down complex concepts to be easily understood across all levels.
• Familiar with financial controls.

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Job Purpose

This role is responsible for collaborating with the assigned business units to drive financial results through performance reviews, budgeting, planning, and monitoring, while supporting revenue growth and cost optimization. Acting as the key interface between Finance and business teams, they will provide insights and challenge segment heads, sector heads, and product owners to ensure alignment with EBKL's strategic plan, while maintaining a deep understanding of the bank's products and services.

Key Responsibilities

• Prepare periodic financial reports in accordance with IFRS, statutory and regulatory requirements. 
• Prepare daily performance reports and insights into material movement in key parameters.
•  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.
• Perform detailed analytics and reviews of the performance to bring out key insights to the drivers of financial performance and variance analysis.
• Prepare quarterly and annual financial statements in accordance with set requirements.
• Ensure that the integrity of the financial data remains within the highest standards, by ensuring that adequate financial and process controls are in place.
• Conduct effective trend analysis at granular level.

Qualifications

Academic, Professional Qualifications & Experience

• Bachelor’s degree majoring in accounting or its equivalent.
• Relevant Professional Qualifications e.g., CPA (K) or ACCA.
• MBA (added advantage)
• Experience in data analysis
• At least 6 years’ experience in Auditing, Banking or Finance

Key Technical & Leadership Competencies

• Financial Reporting & Analysis: Expertise in preparing and analyzing financial statements, including income statements, balance sheets, and cash flow reports, ensuring compliance with accounting standards and regulations.
• Advanced Excel & Data Analytics: Proficiency in Excel, including advanced functions, pivot tables, and financial modeling, to analyze large datasets and produce insightful financial reports.
• Knowledge of IFRS & Regulatory Compliance: Strong understanding of International Financial Reporting Standards (IFRS) and other relevant financial regulations to ensure accurate and compliant financial reporting.
• Financial Software Proficiency: Experience with financial management software and ERP systems (e.g., SAP, Oracle) to manage financial data, automate reporting, and streamline financial processes.
• Variance Analysis & Financial Forecasting: Ability to conduct variance analysis and provide detailed insights into financial performance, trends, and forecasts to support strategic decision-making.
• In-depth knowledge of Central Bank of Kenya regulations.
• Proficiency in excel and presentation skills.
• Excellent communication and interpersonal skills to effectively collaborate with stakeholders at all levels. 
• Excellent stakeholder management skills.