Summary
Date Posted: Tuesday, May 14 2024, Base Salary: Not Disclosed

JOB DETAILS:
SBM Bank Kenya is a leading and trusted financial institution with an international footprint, headquartered in Mauritius and positioned to offer an unprecedented banking experience in Kenya to niche Retail, SME and corporate clients. Following approval by the Central Bank of Kenya, the bank started its operations in Kenya in May 2017 and currently

JOB SUMMARY:
Responsible for SBM Bank general ledger monitoring, Nostro and Vostro reconciliations and proposing corrective journals. Always proposing improvement measures to enhance internal controls.

KEY RESPONSIBILITIES:
Internal Controls - 70%
• Monitor and reconcile general ledger balances to ascertain the balances are accurate, complete, and reliable to generate financial statements.
• Review of nostros balances both due from and due to for accuracy and completeness.
• Perform health checks on all general ledgers to ensure balances are in line with the purpose of the ledger.
• Review and coordinate all requests to open new general ledgers and updating Chart of accounts.
• Prepare journal entries for end of period closure to ensure accounting entries are posted to the period they belong.
• Analyze Stock levels and advise stakeholders promptly on stock index.
• Implement both external and internal audit recommendations.
• Continuous review of the current processes and procedures and identify gaps, recommend changes for implementation.
Revenue - 20%
• Analyze all revenue channels of the bank to detect any income leakages and ensure 100% income recovery.
• Implement control routines for all revenue affecting activities including discounts, rate adjustments, waivers, and concessions.

Customer Management - 10%
• Ensuring that both internal and external customer are attended to within reasonable time.
• Play an advisory role on matters pertaining to Internal controls and revenue assurance by engaging and influencing all stakeholders impacted by these processes.

KEY RELATIONSHIPS:
Direct Reports to this Position
• None
Customers to this Position
• Branches and other Departments
• Internal and External auditors

KEY COMPETENCEIS AND QUALIFICATIONS:
Knowledge: Skills and Experience required for this Role
• Bachelor’s degree in a business-related course from a recognized University.
• Professional qualification in CPA/ ACCA
• Minimum 2 years banking experience
• Demonstrated understanding of the bank’s policies and procedures
• Ability to prioritize and manage time efficiently.

Competencies required for this Role
• Ability to work independently and make sound decisions.
• Adhering to principles and values
• Excellent Analytical skills
• Delivering Results and Meeting Customer Expectation Good communication skills


Work Hours: 8

Experience in Months: 24

Level of Education: Bachelor Degree

Job application procedure

Method of Application
Interested and qualified? Go to SBM Bank on www.sbmbank.co.ke to apply



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