JOB OBJECTIVE:
To oversee all activities relating to financial management and financial reporting in the subsidiary.
REPORTING RELATIONSHIPS:
Functionally reports to: Group Chief Finance Officer
Administratively reports to: Country CEO
Supervises: Finance Team
ROLES & RESPONSIBILITIES:
Implement financial policies, processes and internal control to increase organizational financial effectiveness and control
Effectively lead and oversee the finance function of the business.
Head the improvement of the financial operations of the subsidiary.
Responsible for organizational financial planning, budgeting, reporting and analysis.
Liaise with the compliance department of the group to ensure that requisite targets are set and monitored.
Development of short and long term strategic financial objectives that are in line with the group’s financial plan
Ensure quality of subsidiary’s financial reports.
Constant review of the expense, revenue and other components of the annual budget to determine the accurate financial position of the organization at all times and to recommend suitable actions.
Provide executive management with advice on the financial implications of business activities.
Maintain the accounting policies to support the banks’ operations
Carry out all tasks as assigned by the Group Chief Financial Officer
KEY PERFORMANCE INDICATORS (KPIs)
Prompt rendition of returns/reports
Strict compliance with policies & procedures
Financials – Achievement of PBT target
Accuracy in preparation of financial statements
Quality of reports
Subsidiary fraud level
Revenue assurance from Income leakages
JOB REQUIREMENTS
EDUCATION REQUIREMENTS
Bachelor degree in Finance/Accounting/Economics
A Master’s degree in a Business-related subject will be an added advantage.
Professional qualifications – CPA/ACCA Finalist.
Must be a Member of Institute of Certified Public Accountants of Kenya (ICPAK) or equivalent
EXPERIENCE
Minimum requisite experience – At least 10 years banking experience; 5 years in core Finance Department.
COMPETENCIES
Knowledge:
Advanced knowledge of Finance, Economics and Financial accounting and tax
Financial Reporting, and analysis
Business risk management
Knowledge of Financial budgeting,
Market awareness.
Ability to analyze financial statements
Comprehensive knowledge of regulatory pronouncements and subsidiary financial laws.
Key Skills:
Written and oral communication skills
Strong interpersonal skills, negotiation skills.
Ability to prepare high quality reports.
High level of integrity and dependability with a strong sense of urgency and results-orientation.
Strong problem solving and creative skills and the ability to exercise sound judgment and make decisions based on accurate and timely analyses.
Analytical and Investigation Skills; Auditing Skills
Policy and Regulatory Interpretation skill
Apply via :
app.ismartrecruit.com
