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    Deputy Director Finance - Nairobi, Kenya - Kenya Deposit Insurance Corporation

    Kenya Deposit Insurance Corporation
    Kenya Deposit Insurance Corporation Nairobi, Kenya

    1 week ago

    Default job background
    Full time
    Description

    ABOUT THE COMPANY

    The Kenya Deposit Insurance Corporation (formerly Deposit Protection Fund Board) is a significant player in the financial sector as it provides a safety-net for the savings, banking and payments systems in the Republic of Kenya.

    JOB SUMMARY

    Requirements for Appointment:A minimum period of ten (10) years in relevant work experience and at least five (5) years in a management position.Master's degree in Finance, Accounts, Economics, Business Administration or any other related qualifications is an added advantage.Bachelor's degree in Finance, Accounts, Economics, Business Administration or any other related field.Leadership course from a recognized institution is an added advantage.Certified Public Accountant of Kenya (CPA K) or its equivalent.Membership of the Institute of Certified Public Accountants [ICPAK] or its equivalent and in good standing.Proficiency in Computer applications.Fulfil the requirements of Chapter 6 of the Constitution of Kenya 2010.

    RESPONSIBILITIES

    Development and implementation financial and accounting policies in the department.Coordinating the planning and control of institution's financial resources through formulation of expenditure and revenues estimates.Coordinate the formulation, implementation, monitoring and review of the institutional annual budget.Coordinating the management of records and reporting of financial operations of the institution, devolved units and diaspora operations.Coordinating the implementation of enterprise risk and information security management framework.Directing the establishment and implementation of financial reporting systems.Spearheading formulation of policies and strategies on financial management, internal controls, treasury management.Coordinating the preparation of the corporate annual budget.Coordinating the implementation of financial plans for the Institution.Overseeing the accounting for departmental assets.Coordinating the internal and external audits.Coordinating the development of performance management system in the Department.Coordinating, execution and evaluation of the annual departmental work plans and budgets.Coordinating the Implementation of sound financial management practices.Coordinating collaborations and partnerships with financial institutions for management of institutions funds and sponsorship.Providing professional advice on all Financial Strategic Planning issues and supporting strategic initiatives.Directing treasury Management function as guided by The National Treasury.Coordinating the development of the department's Quality Management Systems (QMS).Coordinating implementation of departmental financial/cost management framework.Coordinating the implementation of financial and tax management strategies.Directing compliance with applicable financial statutory obligation and circulars.Coordinating investment of funds.Coordinating the processing of all financial transactions.Coordinating the management of Accounts receivable & payables and monitoring the overall financial performance.Coordinating Management function as guided by investment policy.Coordinating financial operations for optimal working capital, liquidity and effective asset management.Coordinating timely and accurate bank reconciliations for all the institutions bank accounts.Coordinating compliance with tax and other statutory regulations.Coordinating the submission of the Annual Report & Financial statements to the Auditor General for audit.Providing leadership on all matters pertaining to prudent financial management and financial matters.Maintaining liaison with relevant Government departments for consultation on financial matters.Participating in the KDIC strategic planning process.

    REQUIRED SKILLS

    Risk management, Decision making, Risk analysis, Leadership skills

    REQUIRED EDUCATION

    Post-graduate education

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