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Mar 21, 2022

Pension Administrator, CBK Pension Fund (Defined Benefits Scheme) at KPMG East Africa


KPMG is a professional service company, being one of the Big Four auditors, along with Deloitte, EY and PwC. Seated in Amsterdam, the Netherlands, KPMG employs 174,000 people and has three lines of services: audit, tax, and advisory.


Key Responsibilities:


Strategic Responsibilities



  • Provide leadership and oversight in the Fund’s obligations and interactions with the Board of Trustees, the Sponsor, regulatory bodies, service providers and other relevant stakeholders.

  • Provide oversight in the accounts and investments management, benefits and records management, property management and general administrative management of the Fund.

  • Actively participate in the development, implementation and execution of strategic objectives, goals and initiatives in support of the Fund’s strategy.

  • Timely implementation and/or update of the Board Charter and other Fund policies. e. Compliance with all prevailing legislation (laws, rules and regulations).

  • Risk Management (financial, investment, data and property risk) mitigation and ensure Contingency and Business Continuity Plans execution.

  • Provide leadership to the teams in the scheme to enable delivery of the Fund’s mandate through performance measurements and appraisals.


Technical and Operational Responsibilities 



  • Provide leadership on the Fund’s operations entailing benefits and records management, member payments processes, tax management, and financial management and regulatory reporting.

  • Coordination of member engagements through Annual General Meetings, member drives and other member communication modes.

  • Development, implementation and review of information systems

  • Preparing necessary Fund documents for the Board, Committees and service providers including financial statements

  • Ensure a robust controls environment to eliminate and or mitigate risks, enhance compliance with legal, statutory and company policies/ requirements and ensure relevant business continuity plans are in place.

  • Develop measures towards customer satisfaction.

  • Oversight of the property management activities for the Fund’s properties such as rent collection, debtor management and overall maintenance.

  • Oversight of the payment of benefits to members and dependents

  • Providing professional opinion to the Trustees when required

  • Management of the Funds operational activities such as procurement of goods contracts and services, training of staff and Trustees, implementation of performance measurements and appraisals

  • Others – As per the Pension Administrator’s Service Level Agreement


Minimum requirements


Academic qualifications



  • A Bachelor’s degree in Commerce, Actuarial Science, Commerce, Finance, Strategic Management or related discipline from a reputable institution.

  • Professional qualification(s) in accounting e.g. CPA, ACCA or equivalent and a member of relevant professional bodies

  • Training in Pensions/Fund Administration and other relevant certifications will be an added advantage.


Experience requirement



  • Ten (10) years’ post qualification experience with at least three (3) years at Senior Management level in an organisation with similar scale and/or complexity.

  • A minimum of three (3) years management experience in Pension Funds administration and management.

  • Demonstrable experience and knowledge in accounting, investments management, financial valuation and fund management processes


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