Head – Group Finance Reporting & Controls at KCB Bank Kenya

Job Description

Head – Group Finance Reporting & Controls at KCB Bank Kenya

KEY 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.

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 advantage
• Is a Certified Public Accountant
• Has at least 10 years work experience in the finance field, including specific management experience in the following areas:
  • Financial Consolidation
  • Financial Analysis & performance management
  • People Management
  • Stakeholder management
  • Driving annual external audits
  • Experience in project management will be an added advantage.

Head – Group Finance Reporting & Controls at KCB Bank Kenya