Job Description
The main responsibility of the job holder will be to apply established policies, processes, procedures and tools to achieve optimal efficiency, compliance and strong control environment
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JOB DESCRIPTION
• Overall coordination and overseeing the audit of the Bank and providing correspondences to the internal and external auditors.
• Reviewing the financial statements to ensure they are accurate and the necessary disclosures made to comply with International Financial Reporting Standards and other regulatory requirements.
• Communicating with the various heads of department and management on issues arising from internal controls and audits.
• Substantiation of Banks trial balance and ensuring reconciliations are done on all balances.
• Preparing monthly risk factors and corrective action and tracking for all units.
• Reporting on the execution of the enterprise strategy and financial plans.
• Cash flow analysis, forecasting and management.
• Champion the bank’s risk management process by ensuring adherence to Policies, procedures and Regulatory requirements.
• Managing all reconciliation processes for all suspense and Bank Accounts
• Managing daily production and reviewing of all returns supporting the banks operations.
• Investigating and identifying any data anomalies, researching data and proactively addressing any reporting issues.
• Maintaining accurate records and exercising quality control on all bank returns.
• Overseeing and implementing Risk and Compliance programs.
• Raising appropriate correction entries based on reconciliations outcome and liaising with branches and Operations department for necessary adjustments.
• Reviewing Mid-month and End month reconciliations for all branches.
• Compiling all bank end of month returns.
• Representing Finance department in the Operations and Risk Committee on a monthly basis.
KNOWLEDGE, SKILLS AND EXPERIENCE REQUIRED FOR THIS ROLE
• A business related degree from a reputable university
• CPA (K)
• 5 – 6 years’ experience 3 of which in a supervisory level.
• High level of oral, written communication skills, and proven analytical abilities to analyze interpret resolve, change workflow, and improve productivity.
• Understand the impact of service and assigned roles on customers
• Knowledge of the RMFB procedures and processes
• Innovative and provide sound solutions for improvement in terms of best practice.
• Ability to perform under pressure and accept varied responsibilities
• Excellent time management skills to perform efficient and productive work
• Proven problem solving and investigative skills
• Innovative and open minded
• Proper escalation of any challenges faced so as to seek solutions for the same.