Head - Group Finance Reporting & Controls job at KCB Bank Kenya
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26 Days Ago
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Vacancy title:
Head - Group Finance Reporting & Controls

[ Type: FULL TIME , Industry: Banking , Category: Accounting & Finance ]

Jobs at:

KCB Bank Kenya

Deadline of this Job:
Monday, May 13 2024 

Duty Station:
Within Kenya , Nairobi, East Africa

Summary
Date Posted: Monday, April 29 2024, Base Salary: Not Disclosed

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JOB DETAILS:
Key Responsibilities:
• Preparation of Group Financial statements in accordance with the International Financial Reporting standards (IFRS), Central Bank Prudential guidelines, Capital Markets Authority and other regulatory requirements.
• Co-ordination of the Group’s external audit process working with group external auditors, country, and entity Heads of Finance to ensure timely completion of Audited Financial Statements.
• Oversee implementation of the group financial reporting standards, chart of accounts, new IFRS while ensuring consistency in reporting and compliance regulatory requirements across various jurisdictions.
• Working with various heads of finance, and unit heads, ensure timely completion and review of annual financial integrated reporting for approval and publication.
• Coordinate Central Bank of Kenya (CBK) group consolidated reporting supervision and addressing any queries thereof.
• Review of the group’s financial performance against targets providing insights into risks and opportunities per entity, financial and presentations of quality performance packs to group senior management.
• Oversight the implementation and review of the group financial models including but not limited to IFRS 9, IFRS 16, EIR, and Staff Loans Valuation models in compliance with IFRS.
• In coordination with country heads of finance, scanning the various regulatory environment for regulatory changes that may impact the group, preparing an impact analysis and recommendations to Group Finance Director.
• Oversight the Group Revenue Assurance function by ensuring process improvement on revenue collection, recording and reporting, highlighting and follow on collection on identified revenue leakages.
• Oversight environmental, sustainability and governance alignment and reporting across the KCB Group.

Minimum Position Qualifications:
The preferred candidate will meet the following minimum criteria:
• Hold a Bachelor's degree in any business related field from a recognized institution. A Master's degree will be an added advantage
• Is a Certified Public Accountant
• Has at least 10 years work experience in the finance field, including specific management experience in the following areas:
o Financial Consolidation
o Financial Analysis & performance management
o People Management
o Stakeholder management
o Driving annual external audits
o Experience in project management will be an added advantage.

Job Experience: No Requirements

Work Hours: 8


Experience in Months:

Level of Education:
Bachelor Degree

Job application procedure
• Interested and qualified? Click here to apply

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QUICK ALERT SUBSCRIPTION

Job Info
Job Category: Accounting/ Finance jobs in Kenya
Job Type: Full-time
Deadline of this Job: Monday, May 13 2024
Duty Station: Nairobi
Posted: 29-04-2024
No of Jobs: 1
Start Publishing: 29-04-2024
Stop Publishing (Put date of 2030): 29-04-2066
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