Senior Accountant- Faulu MFB at Old Mutual Kenya

Old Mutual

  • Kenya
  • Permanent
  • Full-time
  • 1 month ago
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  • Company:
  • Location: Kenya
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  • Job type: Full-Time
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-Resubmit your Resume Today.We have started building our professional LinkedIn page.Job DescriptionOld Mutual Kenya is based in Nairobi and is part of a larger group that offers solutions in long-term savings, asset management and investment. We offer solutions to individuals and corporates underpinned by our core values which are: Respect, Integrity, Accountability and Pushing beyond boundaries.SummaryThe Senior Accountant – Reports to the Financial Manager and is responsible for preparation of management reports, statutory reporting, taxation, system related reviews (T24 / other interfaced systems) and Faulu Insurance Agency management reports reviews.KEY MEASURABLE GOALS
  • Preparation of timely and accurate financial reporting
  • Facilitate in preparation and submissions of statutory reports
  • Responsible for IFRS 9 impairment ECL calculation
  • Responsible for Company Taxation
  • Fixed Assets Management
  • Responsible for Faulu Insurance Agency Management reports review
  • System related reviews and process improvements
KEY RESPONSIBILITIESFinancial & Regulatory Reporting
  • Review of management reports for submission to various parties - EXCO, Board, Group etc.
  • Review of financial reports for submission to regulators and other stakeholder's e.g. CBK, KRA, IRA etc.
  • Review of branch and Segment reports inline to Faulu bank reporting framework
  • Liaison with internal and External Auditors in carrying out periodical and Year end Audits respectively.
  • Review of Financial & Management reports for Faulu Insurance Agency
IFRS 9 Impairments
  • Calculation of the Bank's loan loss provisions and non-banking impairments in line with IFRS 9 requirements
  • Assist in ensuring smooth running of the IFRS9 Operating Model and Governance process.
  • Assist in ensuring the IFRS9 Operating Model is reviewed and improved on a continuous manner.
System related reviews and process improvements
  • Main liaison with any T24 project implementation as the finance team representative
  • T24 data reviews against interfaced systems
  • Daily monitoring of the T24 GL imbalances and processing of correction
Others
  • Review of Revenue assurance Reports
  • Review and posting T24 Transactions raised by Accountants.
  • Review and approvals of task assigned to Accountants.
Relationships
  • Manager Financial Reporting, Manager Finance Operations, Finance Manager -reviews and approvals
  • Manager-Business Information & Innovation -Strategy related and automations.
PERSON SPECIFICATIONEducation
  • Degree in Business related Studies
  • CPA (K) /ACCA
  • Other Professional Certifications.
Knowledge and Skills
  • Analytical skills
  • Management and Leadership skills
  • Financial Management
  • Excellent Computer packages knowledge
  • Working knowledge of Emerge T24, D365 and R
Experience
  • At least 4 years’ experience in
  • Financial Accounting and Reporting in a banking environment.
Personal Attributes
  • Demonstrate management abilities.
  • Analytical
  • Confident
  • Integrity
  • Diligent
  • Attention to detail.
Don't Keep Share!:Method of ApplicationClosing Date : 24 March. 2024

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