Stanbic Bank Kenya Jobs,Officer Financial Reporting



Officer, Financial Reporting


  • Job ID: 23641
  • Job Sector: Banking
  • Closing Date: May 20 2017
  • Country: Kenya
  • Region/State/Province/District: Nairobi Province
  • Location: Nairobi

Job Details

Group Finance: Budgeting and forecasting, creating interim and annual financial statements, facilitating internal mergers and acquisitions, as well as dealing with analysts and investors.

Job Purpose

  • Financial accounting and reporting
    – To ensure the overall integrity and accuracy of the General Ledger as a basis for the preparation of financial and management reports.

    • Management accounting, planning and budgeting
    – Detail review and analysis of financial performance
    – Quality commentary and MI
    – Budget preparation and planning.
    – Custodian of the General Ledger and Chart of Accounts.

Key Responsibilities/Accountabilities

  • Preparation of the business unit BS and PL on a daily and monthly basis.
    • Monitoring business unit balance sheet movements and ensuring that they reflect the correct balances and all the relevant account reconciliations are performed and corrective actions taken.
    • Provide quality commentary to Head office reports and management MI and adhering to set timelines.
    • Provide insightful reports on financial performance to business and enabling functions that align to bank’s strategy
    • Ensure data integrity and a more robust control framework for generation and submission of reports
    • Provide cost benchmark information against competitors of similar size to help manage cost more efficiently
    • Optimal budgeting process and planning, monitoring and forecasting for the Bank and its related entities.
    • Create more cost effective controls and reporting framework/cost management.
    • Continuously improve on financial reporting processes, reports and insights offered to business
    • Ensure maintenance of and adherence to Stanbic accounting policies and procedures.
    • Provision of Technical Advice and Accounting support to other Functional Unit
    • Assisting with end of month (EOM) and ensuring all journal entries, ledgers and sub ledgers for the Group are accurate and timely.
    • Perform revenue assurance for the Bank and individual Business level.

Preferred Qualification and Experience

  • University Degree from a Recognized University.
    • ACCA / CPA(K)
    • Minimum of 3 years’ experience in a similar role or equivalent

Knowledge/Technical Skills/Expertise

  • Understanding of International Financial Reporting Standards.
    • Computer literacy and knowledge of personal computers and software packages such as MS Word, MS Excel, MS PowerPoint, MS Access. Working knowledge of SAP, T-24 and Branch power is added advantage.
    • Good communication and presentation skills.

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