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  • Posted: Oct 27, 2020
    Deadline: Oct 30, 2020
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    Housing Finance Company of Kenya was incorporated as the premier mortgage Finance Institution in Kenya licensed under the Banking Act with the CDC and the GoK owning 60% and 40% respectively.

    Housing Finance started operations with the main objective of implementing the government’s policy of promoting thrift and home ownership by lending ...
    Read more about this company

     

    Manager - Management Accounts

    Reporting To: General Manager Finance

    Overall Job Purpose

    The Manager - Management Accounts will ensure the Bank’s management accounts are prepared accurately and on a timely basis

    Principle Accountabilities

    • Preparation of Profit & Loss flash report as and when required by EXCO but at least twice a month i.e. mid-month and near month-end.
    • Preparing draft accounts and Segment reports
    • Preparing the complete pack of management accounts.
    • Preparing branch profit and loss accounts
    • Analyzing the various items against budget and previous periods
    • Preparing accounts using the published format.
    • Prepare annual accounts in External Auditors format.
    • Preparing audit schedules
    • Collecting of budget estimates from all divisions/departments, moderating the estimates to make them more realistic and consolidating them.
    • Providing user support on budget matters.
    • Preparing/Reviewing all the CBK statutory returns and submitting the returns electronically to CBK.
    • Reviewing/preparing annual CBK inspection schedules.
    • Daily reconciliation of Deposits and mortgages sub-ledger and General ledger
    • Daily checking of Trial balance, suspense day-end account and any GL inconsistencies
    • Providing user support on GL matters.
    • Implementing internal audit recommendations
    • Advising management and implementing new prudential guidelines.
    • Any other duty that may be assigned from time to time

    Minimum Qualifications, Knowledge and Experience

    • A Bachelor’s Degree in Commerce or equivalent from a recognized institution
    • Professional qualifications- CPA/ACCA.
    • Working knowledge of MS Office suites
    • 3 years’ experience in a busy commercial enterprise of comparable size in finance function

    Key Competencies and Skills

    • Ability to work independently under strict deadlines.
    • Good interpersonal and communication skills.
    • Excellent Analytical and accounting skills
    • Demonstrated good planning and organisation skills.
    • Strong leadership and management skills.
    • Team player and must have integrity
    • Planning and Organizational skills

    Method of Application

    Interested and qualified? Go to HF Group on www.hfgroup.co.ke to apply

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