Vacancies at Caritas MFB

JOB PURPOSE

To support the Head of Finance and strategy in financial reporting, reconciliation and to ensure financial effectiveness of the bank operations.

KEY RESPONSIBILITIES

• Filing and submission of CBK financial reports as required
• Remittances of tax and other statutory deductions such as withholding tax, stamp duty, and Excise duty
• Raising and verification of journal vouchers
• Validate financial entries by auditing accrued expenses, supplier payment vouchers, fixed asset register entries and branches accounting entries
• Responsible for fixed asset depreciation and disposal
• To receive reconciliations from departments and branches for allocated ledger accounts and follow up for closure of the issues therein.
• Prepare status report on reconciling issues for review and update
• Support daily monitoring of bank balances and review bank reconciliation as per the bank’s policies and procedures
• Reconcile financial discrepancies by collecting and analyzing account information.
• Prepare branch and departments reconciliation statements
• Secure financial information by maintaining data base backups
• Bank loan management through validation, settlement of interest and principal repayment
• Prepares asset, liability, and capital account entries by compiling and analyzing account information.
• Recommends financial actions by analyzing accounting options.
• To perform any other duty as assigned in line with the organization goals and objective

QUALIFICATION AND EXPERIENCE REQUIREMENTS

• Education -University degree in Accounting, Commerce, Economics or Business Management/Administration or related business degree (Must)
• Certified Chartered Accountant/ Certified Public Accountant (Must)
• Current member of Institute of Certified Public Accountants of Kenya (ICPAK) with a valid membership Certificate (Must)
• 3 years working experience in busy accounting/finance function in a financial institution (Must)
• Advanced Excel spreadsheet and data analytical skills
• High level of integrity and dependability
• Has a strong sense of urgency and results orientation
• Excellent customer service skills
• Able to multitask.
• A fast learner
• Good communication and interpersonal skills
• Good marketing and People management skills
• Must be self-driven; possess excellent administrative, communication and interpersonal skills, strong organization, and negotiation skills.

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JOB PURPOSE

To support the Head of Finance and strategy in financial reconciliation to ensure financial effectiveness of the bank operations.

KEY RESPONSIBILITIES

• Verification of goods received.
• Establishing and maintaining relationships with new and existing vendors
• Reconciliations of allocated ledger accounts and follow up for closure of the issues therein.
• Reconcile financial discrepancies by collecting and analyzing account information.
• Management of Finance related records - filing and custody.
• Filing of statutory returns (Customer/suppliers)
• Staff operational claims processing – Imprest
• Managing accounts payable using core banking system
• Handling accounts payable for separate entities and vendors
• Ensuring bills are paid in a timely and accurate manner while adhering to departmental procedures.
• Processing due invoices for payments
• Verification of vendor documents: purchase orders, prices, terms of payment and other charges on documents.
• Processing transactions and performing accounting duties such as account maintenance, recording entries and reconciling Payable Ledgers
• Maintain vendor statements and daily financial transactions.
• To perform any other duty as assigned in line with the organization goals and objective

QUALIFICATION AND EXPERIENCE REQUIREMENTS

• Education -University degree in Accounting, Commerce, Economics or Business
• Management/Administration or related business degree
• Certified Chartered Accountant/ Certified Public Accountant.
• CPA Intermediate Level or CPA Section IV qualification
• Minimum of 2 years of relevant experience in finance or accounting firm/financial institution
• Proficiency in Advanced Excel spreadsheet
• Adherence to high ethical standards and a commitment to confidentiality
• Strong analytical and problem-solving skills.
• Excellent attention to detail and accuracy.
• Ability to work independently and collaboratively in a fast-paced environment.
• Team player
• Good time-management skills
• Great interpersonal and communication skills.
• High integrity.

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JOB PURPOSE

Provide financial and business solutions to micro customers including credit solutions, liability products and customer service.

KEY RESPONSIBILITIES

• Driving customer recruitment for micro business customers.
• Leading in developing suitable products and services for micro in liaison with the branches, HOD Retail Banking and the Product Development team
• Delivery of exceptional performance through the micro business team.
• Proactive leading and directing the relationship teams accountable for the portfolio of micro business customers.
• Taking initiative in terms of business development activities and ensuring that quality business is retained, and high service standards are delivered by the team.
• Demonstrating an intimate knowledge of the market and the competitor to inform market penetration, growth, and retention.
• Making quick business decisions that balance risk, profitability and most importantly responsiveness to customer needs.
• Reviewing performance of assigned Relationship Officers and/or Branch Managers against micro business budgets for all assigned KPI targets.
• Continually monitoring and following up with respective micro business
• Relationship Officers and/or Branch Managers to ensure that the set Micro business targets are being achieved, and gaps adequately addressed.
• Conducting regular customer visits to enhance relationship development and customer maintenance, as well as growth of the business wallet.
• Monitoring and following up with micro business Relationship Managers/Officers and/or Branch Managers to ensure balanced growth of the micro business portfolio.
• Monitoring quality of the loan book advances by reviewing arrears, account excesses and irregular accounts, among others.
• Monitoring performance against set targets.
• Conducting customer engagement initiatives like financial literacy, coaching and mentorship
• To perform any other duty as assigned in line with the organization goals and objective

QUALIFICATION AND EXPERIENCE REQUIREMENTS

• Holder of bachelor’s degree in a business-related field.
• Thorough knowledge of MSME banking product and policies.
• Minimum of 2 years of relevant experience in banking institution
• Professional banking qualifications will be added advantage
• Knowledge of lending products and prudential guidelines.
• Ability to lead teams and deliver business results.
• Must be self-driven; possess excellent administrative, communication and
• interpersonal skills, strong organization, and negotiation skills.
• Conscious of data accuracy and completeness