Head - Group Finance Reporting & Controls
4 weeks ago
ABOUT THE COMPANY
KCB Bank Group is East and Central Africa's oldest and largest commercial banking and has through its history set new records becoming the No.1 Bank in the region.
JOB SUMMARY
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 advantageIs a Certified Public AccountantHas at least 10 years work experience in the finance field, including specific management experience in the following areas:Financial ConsolidationFinancial Analysis & performance managementPeople ManagementStakeholder managementDriving annual external auditsExperience in project management will be an added advantage.
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.
REQUIRED SKILLS
Reporting, Auditing of accounts, Financial reporting, Ability to coordinate
REQUIRED EDUCATION
Bachelor's degree
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