Job Opportunities at AMSCO (African Management Services Company) - 3 Positions

Ref: KEN000205/WA

Job Summary:

The Finance Officer (Loan Operations) is responsible for the management of the Bank's loan portfolio in line with the Bank’s policies as well as International Financial Reporting Standards (IFRSs); ensuring completeness and accuracy of the Bank’s loan records and that its income is completely accounted for and fairly stated; and for providing loan reports and related disclosures.

Job Specifications:

The Finance Officer (Loan Operations) is responsible for:

• Ensuring that loan related transactions and functions are carried out accurately and timely;
• applying rules, sanctions and covenants to transactions and records;
• Identifying areas for improvement and system enhancements in loan operations;
• Carrying out periodic database reviews;
• Guiding management decisions and actions;
• Providing financial perspective and technical advice in committees and task forces;
• Carrying out loan administration tasks including, creating and maintaining client master records, timely booking disbursements, and attending to client queries and correspondence;
• Preparing billing statements in accordance with loan agreements and tracking the repayment of amounts due;
• Providing guidance to business units on loan operations;
• Extracting and providing information for covenant reporting;
• Reconciling monthly sub-ledger balances with the nominal ledger;
• Providing information on loan transactions through monthly disbursements listing, daily receipt allocations, libor reference spreadsheet and loan classifications, etc.;
• Addressing discrepancies and preparing and posting journals.

Qualifications:

• A Bachelor’s degree in Accounting, Business Administration, Commerce or related field, with relevant professional qualification such as ACCA, CPA, CFA or CIMA;  
• A minimum of 5-8 years of relevant experience in accounting and budgeting positions in a busy commercial banking or development financial institution environment;
• Proven track record in financial management and ability to carry out loan accounting and administration and accounting and budgeting functions, and maintaining reliable accounting systems and financial reporting;
• Strong quantitative orientation with financial modelling knowledge, computer literacy and hands-on skills in enterprise resource planning systems (particularly SAP);
• Financial and accountancy knowledge and comprehension of International Financial Reporting Standards;
• Strong analytical skills and excellent presentation proficiencies;
• Ability to work in a multi-cultural environment, manage dynamic priorities, strong professional independence, unquestionable integrity and able to work under pressure to deliver on strict deadlines with minimal supervision;
• Excellent interpersonal skills, able to work in diverse teams and with supervisory skills;
• Result oriented individual with excellent verbal and written communication skills.

Candidates must have a good knowledge of the operating environment. Please note that only shortlisted candidates will be contacted for interviews. Female candidates are strongly encouraged to apply.

Ad Visible Until: 2 August 2018

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Ref: KEN000206/WA

Job Summary:

The Finance Officer (Financial Modelling) is actively involved in analysing the Bank’s performance and creating various reports to support the Bank’s management in decision making; assisting departments identify focus areas to improve performance; involvement in preparing the corporate plan and annual budgets; timely preparation of accurate and reliable monthly management accounts; financial management reporting; preparation of various financial reports, analyses and dashboards.

Job Specifications:

The Finance Officer (Financial Modelling) performs the following duties:

• Analyse financial data and create financial models to support decision making;
• Report on financial performance and prepare for regular management reviews;
• Analyse past performance, carry out variance analysis; identify trends, and make recommendations for improvements;
• Work closely with the Accounting and Budgeting team to ensure accurate financial reporting and decision support;
• Evaluate financial performance by comparing and analysing actual results with plans, forecasts and corporate plan.
• Forecast full year performance based on current performance.
• Recommend actions after analysing and interpreting data and making comparative analyses;
• Identify and recommend areas to drive process improvements, including the creation of standard and ad-hoc reports and dashboards using the Corporate Financial Model , Excel and other applications.
• Assist Accounting and Budgeting unit in preparing annual budgets and corporate plans and carrying out mid- year / term reviews.
• In-house training of Bank staff on financial modelling, forecasting and advanced Excel. 

Qualifications:

• A Master’s degree in Accounting, Business Administration, Commerce or related field, with relevant professional qualification such as ACCA, CPA, CFA or CIMA;  
• A minimum of 8 years of relevant experience in accounting and budgeting positions in a busy commercial banking or Development Financial Institution environment;
• Proven track record in financial management functions and maintaining reliable accounting systems;
• Strong financial analysis, forecasting and modelling skills;
• Proficiency with Microsoft Excel and familiarity with data query/data management tools (Access, SQL, Business Objects)
• Robust quantitative orientation with financial modeling knowledge, computer literacy and hands-on skills in enterprise resource planning systems (particularly SAP);
• Financial and accountancy knowledge and knowledge of International Financial Reporting Standards;
• Strong analytical skills and excellent presentation proficiency;
• Ability to work in a multi-cultural environment, manage dynamic priorities, strong professional independence, unquestionable integrity and able to work under pressure to deliver on strict deadlines with minimal supervision;
• Excellent interpersonal and supervisory skills with ability to work in diverse teams;
• Result oriented individual with excellent verbal and written communication skills

Candidates must have a good knowledge of the operating environment. Please note that only shortlisted candidates will be contacted for interviews. Female candidates are strongly encouraged to apply.

Ad Visible Until: 2 August 2018

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Ref: KEN000207/WA

Job Summary:

The Finance Assistant (Accounting and Budgeting) supports the preparation of accurate and reliable financial information in compliance with the Bank’s policies as well as International Financial Reporting Standards (IFRSs) and to assist its timely provision to management for decision making, investors for investment decisions and to lenders to fund the Bank's operations.

Job Specifications:

The Finance Assistant (Accounting and Budgeting) performs the following duties:

• Annual budget preparation;
• Timely preparation of accurate and reliable monthly management accounts;
• Preparation of audit schedules;
• Timely preparation of financial statements in accordance with international financial reporting standards (IFRS) and the bank's financial policies and procedures;
• Financial management reporting;
• Managing per diems and cash imprest;
• Coding and posting of financial transactions;
• Processing payments;
• Keeping accurate financial records;
• Preparation of various financial reports, monthly analyses of nominal ledger accounts and bank reconciliation statements;
• Application of effective internal controls and bank policies;
• Daily update of exchange rates;
• Preparing cheques;
• Maintaining records;
• Filing and retrieving documents;

Qualifications:

• A Bachelor’s degree in Accounting, Business Administration, Commerce or related field, with relevant professional qualification such as ACCA, CPA, CFA or CIMA;  
• A minimum of 5 years of relevant experience in accounting and budgeting positions in a busy commercial banking or development financial institution environment;
• Ability to work in a multi-cultural environment, unquestionable integrity and able to work under pressure to deliver on strict deadlines with minimal supervision;
• Excellent interpersonal skills, able to work in diverse teams and with supervisory skills;
• Result oriented individual with good verbal and written communication skills.
• Proven track record in assisting in financial management, accounting and budgeting functions;
• Strong quantitative orientation, computer literacy and hands-on skills in enterprise resource planning systems (particularly SAP);
• Financial and accountancy knowledge and comprehension of International Financial Reporting Standards;
• Analytical skills and good presentation ability;

Candidates must have a good knowledge of the operating environment. Please note that only shortlisted candidates will be contacted for interviews. Female candidates are strongly encouraged to apply.

Ad Visible Until: 2 August 2018