CMA Financial Analyst Job in Kenya

The Capital Markets Authority is a statutory agency charged with the responsibility of regulating and developing an efficient capital market in Kenya. 

The Authority invites applications from dynamic, goal-oriented, high performers, with strong problem-solving skills, for the following position:

Financial Analyst

Ref: HCAIFAI6/2015

1 Position
 

Reporting to the Assistant Manager, Financial Analysis, and the selected candidate will be responsible for;

• Evaluating financial projects involving analysis and interpretation of periodical financial statements of listed companies, market intermediaries and new applications to issue securities or applications for new licenses.


• Assessing level of compliance of financial reports and regulatory disclosures with Capital Markets Rules and Regulations, in order to safeguard and protect investor interests and support internal customers in market supervision


• Conducting regular and ad-hoc analysis of periodical financial statements for market intermediaries and listed companies to ensure compliance with capital markets rules and regulations.


• Reviewing applications for approval and licensing of market intermediaries, and assess business plans for consistency and viability


• Reviewing prospectuses and information memoranda for potential or actual material accounting or financial reporting deficiencies to ensure investors are provided with accurate information on which to base their investment decisions, and to support internal customers in compliance, surveillance risk analysis and research


• Conducting analysis of financial statements submitted in support of applications by listed companies such as approval of bonus, rights of IPO issues including capital markets instruments, corporate bonds, commercial papers, and complex asset backed securities including financial projections to ensure compliance with capital markets rules and regulations.


• Reviewing analysis of financial data and method used by issuers of securities to arrive at valuations  for offers to the public in order to determine their objectiveness.


• Analysing financial statements to ensure that financial reporting of licensees and listed companies is in line with the requirements of IFRS.


• Maintaining and updating databases relating to financial data, including submission of accounts, publication of financial statements, summaries of financial analysis, etc.


• Comparing financial information submitted to the Authority by licensees and listed companies with the published financial statements and highlight any inconsistencies.


• Conducting inspections and investigations and giving recommendations for the registration and licensing of companies to operate in the country’s securities market.


• Monitoring changes in IFRS and note if the same is being adopted by licensees and listed companies.


• Reviewing indicators and incidents of financial fraud, fraudulent market operations like insider trading and money laundering as well as failures to meet regulatory obligations and recommend administrative and legal sanctions in line with CMA requirements.


• Undertaking any other responsibilities as and when assigned.

Minimum Qualifications and Experience
 

Qualification:

• An upper second Bachelor’s Degree in a Business field, Science or any other relevant area


• CPA(K), CFA or equivalent will be preferred.

Experience:

• A minimum of two (2) years relevant work experience in a reputable organisation.

Key Skills, Knowledge & Competencies

• Knowledge of financial and accounting procedures in relation to capital markets operations as well as financial sector operations


• Strong analytical skills


• Good presentation and communication skills including the ability to write reports


• Proficiency in computer applications such as Microsoft Word, Excel, Access, PowerPoint and Outlook express including financial and statistical packages


• Interpersonal and cross-cultural skills


• Ability to maintain high standards of integrity; establish straightforward, productive relationships


• Ability to treat individuals with fairness and respect, demonstrating sensitivity for ethnic, cultural and gender differences.


• Ability to work well in a team


• Ability to meet tight deadlines as well as work with minimal supervision


• Strong organization and analytical skills as well as keenness to details


• Ability effectively interpret financial information


• Unquestionable Ethics, Integrity and Professionalism

If your background, experience and competence match the specifications outlined, please send your application, quoting the reference of the position you are interested in, including your current curriculum vitae, copies of your certificates and other testimonials, salary history, three referees (one of who must be either your current or previous employer), day telephone number, e-mail address and details of your current salary and benefits to:

The Chief Executive
Capital Markets Authority
UpperHill, Longonot Rd
3rd Floor, Embankment Plaza,
P. O Box 74800 – 00200, 

Nairobi

Applications should be received on or before May14, 2015

Only shortlisted candidates will be contacted for interviews.

“Capital Markets Authority is an Equal Opportunity Employer. 

Persons with disabilities are encouraged to apply.