Ref: KEN000205/WA
Job Summary:
The Finance Officer (Loan Operations) is responsible for the management of the Bank’s loan portfolio in line with the Bank’s policies as well as International Financial Reporting Standards (IFRSs); ensuring completeness and accuracy of the Bank’s loan records and that its income is completely accounted for and fairly stated; and for providing loan reports and related disclosures.
Job Specifications:
The Finance Officer (Loan Operations) is responsible for:
Ensuring that loan related transactions and functions are carried out accurately and timely;
applying rules, sanctions and covenants to transactions and records;
Identifying areas for improvement and system enhancements in loan operations;
Carrying out periodic database reviews;
Guiding management decisions and actions;
Providing financial perspective and technical advice in committees and task forces;
Carrying out loan administration tasks including, creating and maintaining client master records, timely booking disbursements, and attending to client queries and correspondence;
Preparing billing statements in accordance with loan agreements and tracking the repayment of amounts due;
Providing guidance to business units on loan operations;
Extracting and providing information for covenant reporting;
Reconciling monthly sub-ledger balances with the nominal ledger;
Providing information on loan transactions through monthly disbursements listing, daily receipt allocations, libor reference spreadsheet and loan classifications, etc.;
Addressing discrepancies and preparing and posting journals.
Qualifications:
A Bachelor’s degree in Accounting, Business Administration, Commerce or related field, with relevant professional qualification such as ACCA, CPA, CFA or CIMA;
A minimum of 5-8 years of relevant experience in accounting and budgeting positions in a busy commercial banking or development financial institution environment;
Proven track record in financial management and ability to carry out loan accounting and administration and accounting and budgeting functions, and maintaining reliable accounting systems and financial reporting;
Strong quantitative orientation with financial modelling knowledge, computer literacy and hands-on skills in enterprise resource planning systems (particularly SAP);
Financial and accountancy knowledge and comprehension of International Financial Reporting Standards;
Strong analytical skills and excellent presentation proficiencies;
Ability to work in a multi-cultural environment, manage dynamic priorities, strong professional independence, unquestionable integrity and able to work under pressure to deliver on strict deadlines with minimal supervision;
Excellent interpersonal skills, able to work in diverse teams and with supervisory skills;
Result oriented individual with excellent verbal and written communication skills.
Candidates must have a good knowledge of the operating environment. Please note that only shortlisted candidates will be contacted for interviews. Female candidates are strongly encouraged to apply.
Ad Visible Until: 2 August 2018
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