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Feb 29, 2016

Head of Finance Job Vacancy




Job

Ref: 
KCBBFIN

01/2016
 

The

Position:
 Reporting

to the Managing Director, the jobholder is responsible for ensuring that the

accounts and records of the Banks Assets, Liabilities, Operations and

Transactions are maintained and that statutory objectives are discharged.

Key Responsibilities



  • Preparation

    of monthly management accounts and reports for EXCO and Board Business

    Committee for the review.

  • Revenue

    and cost management by ensuring maximum returns on loan-able funds,

    improve generation and collection of non-Interest based revenue and ensure

    value for money for costs incurred.

  • Budgeting

    and planning by completing the budgeting exercise in time and presenting

    it to EXCO and Board Business Committee of the bank. Budget-implementation

    and control by managing all costs within the budget and taking corrective

    measures ensure budget revenue is realized and revising the budget if

    operating conditions warrant revision.

  • Financial

    management and reporting by ensuring a timely preparation and submission

    of financial management reports and providing a timely and relevant

    feedback for effective decision making to all stakeholders.

  • Overseeing

    and running accounts payables ensure authorization and validation of all

    the invoices before payment as well as signing banker’s cheques.

  • In

    charge of all other operations in the finance department such as

    maintaining the General Ledger, Fixed Assets register for the whole bank

    and review and /or reconcile all the banks accounts.

  • Compliance

    and governance by timely submission of statutory financial reports.

    including IFRS

  • Participate

    in Board Business Committee by presenting the monthly performances of the

    bank and the Audit Committee of the Board as per the BRB requirements and

    presenting the financial reports when necessary.


  • Chairman

    of the Procurement committee by chairing and overseeing that the

    procurement process is followed as per the laid down policy and the cost

    incurred are within the budget. 

  • Participation

    in other Management committees such as Exco, Alco, Credit, Risk, IT

    steering and reconciliations as well as Finance department meetings.

  • Coordinate

    the External audit, internal audit and BRB audit and ensure these are

    completed in a timely manner.

  • Training,

    Coaching and performance reviews for the finance team.

  • Tax

    management & compliance

  • General

    ledger management and reconciliation monitoring

  • Competitor

    analysis and benchmarking


The Person

The successful applicant should have the following minimum qualifications and

experience:



  • A

    University degree in Commerce from a recognized institution.

  • CPA

    (K) holder.

  • Member

    of the Institute of Certified Public Accountants of Kenya (ICPAK)

  • Master’s

    Degree in a relevant field will be an added advantage.

  • Minimum

    of 8 years’ experience, 5 of which must be in finance in a management

    role.

  • Experience

    in Bank Operations is essential.

  • Experience

    in Treasury will be an added advantage.

  • Must

    have sound commercial acumen

  • Demonstrated

    ability to problem solve both operational and strategic issues through a

    pragmatic and commercially sound approach

  • Superior

    verbal, written and presentation skills.

  • Ability

    to build strong working relationships, internal and external to the

    organization.

  • Demonstrated

    creativity and analytical ability.

  • Interpersonal

    skills necessary to deal effectively with a diverse group.


The above position is demanding for which the bank will provide

a competitive package for the successful candidates.



If you

believe you can clearly demonstrate your abilities to meet the criteria given

above, please submit your application with a detailed CV, stating your current

position, remuneration level e-mail and telephone contacts quoting the job

title/reference in the subject field to recruitment@kcb.co.ke

To be considered your application must be received by March 4, 2016.


Only short listed candidates will be contacted.






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