Senior Accountant- Faulu MFB at - Nairobi, Kenya - Old Mutual Kenya

Description

Old 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.
Summary

The 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 RESPONSIBILITIES
Financial & 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 SPECIFICATION
Education

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.