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.