Summary
Date Posted: Wednesday, August 31, 2022 , Base Salary: Not Disclosed

JOB DETAILS:
Principle Accountabilities
• Coordinate the Preparation of periodic (monthly, quarterly) and annual statements for the Bank and Group.
• Coordinate the Preparation of financial reports to senior management and the board.
• Ensure that regulatory reports are compliant to CBK Prudential Guidelines and also ensure consistent and efficient process improvements to guarantee regulatory capital and liquidity is efficiently reported
• Ensure an efficient and effective cost accruals processes, procedures and tools are in place
• Coordinate the Preparation and submission to management the daily performance report for the business, with a review and analysis of any adverse movement in the key parameters.
• Overseeing the production of financial reports for all Group entities and the submission to all relevant regulatory bodies
• Provide guidance on accounting requirement (IFRS) for exotic and vanilla financial products
• Ensure compliance to all regulatory and financial reporting requirements
• Liaising with different departments to perform multifaceted analysis and prepare reports to summarize financial data
• Facilitate cross-functional learning programs on new accounting, reporting requirements
• Manage the financial reporting requirements, processes and procedures for capturing, maintaining, and reporting accurate data
• Improve accuracy of financial reporting systems and accounting procedures by reducing cycle times for key reporting requirements, streamlining underlying data sources and standardizing reporting formats
• Provide technical accounting support to the different user groups across the bank
• Conduct impact assessment of new Standards and regulatory requirements on financial reporting
• Analyse the financial reports and information to assess the past, present and impending financial status
• Performing monthly comparative statistical analyses of financial numbers, calculating financial ratios, following up on unusual variances with respective branch heads, and preparing written explanation of the major variations to the CFO.
• Liaise with and close all matters raised by external auditors

Minimum Qualifications, Knowledge and Experience
• First Degree in Finance or Accounting plus CPA (K)
• MBA will be an added advantage
• 12 years’ experience in financial environment with three in management level

Work Hours: 8

Experience in Months: 144

Level of Education: Bachelor Degree

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