The role holder being a team member of the Payroll section team and reporting to the Deputy Manager, Payroll section, is expected to actively participate in all payroll activities in order to support the achievement of the Finance Department mandate in the Bank.
Key Duties and Responsibilities
Strategic Responsibilities
- Enhancing payroll internal controls and ensure
compliance with Finance Policy and Payroll Standard Operating Procedures.
- Champion the development, implementation and
execution of payroll role in finance department as a critical component of
ensuring the Bank meets its contractual obligations in line with approved
policies & procedures.
Technical and Operational Responsibilities
- Process the disbursement of staff emoluments.
- Assist managing payroll workload to meet
operational requirements.
- Capture data related to statutory deductions
reporting and filing requirements.
- Making proposals in payroll policy development
and payroll operation manual
- Prepare monthly payroll reports.
- Prepare payroll accounts reconciliations and
ensure adherence to the Standard Operating Procedures (SOPs).
- Import and review the payment file of staff
salary advances and development loans.
- Maintain high professional standards on
confidentiality and integrity.
Other Responsibilities
- Perform any other duties as may be assigned by
the Finance Department leadership and the Bank.
Qualifications
- Bachelor’s Degree in Finance, Accounting or any
other relevant degree from a reputable university.
- Professional qualification(s) in accounting e.g.
CPA (K), ACCA or equivalent.
- Membership of ICPAK or ACCA.
Work Experience
- Three (3) years post qualification experience in
a busy accounting related area.
Competencies
Technical Competencies
- Must have good understanding of Payroll
Management and processes.
- Good understanding of International Financial
Reporting Standards (IFRS).
- Good grasp of Financial & Management
Accounting.
- Proficiency in payroll software and systems.
- Knowledge of Human Resource policies and
practices.
- Excellent knowledge of Accounts Analysis and
Reconciliations.
- Good grasp of Taxation & relevant
legislation.
- Knowledge of pension rules and regulations.
- Analytical acumen.
Behavioural/ General Competencies
- Leadership and people management skills.
- High level of interpersonal and cross-cultural
skills.
- Critical & analytical thinking and
problem-solving skills.
- Project management skills.
- Organisational and administrative skills.
- Strategic thinking and decision making and
ability to identify and recommend emerging trends.
- Independence of thought and objectivity.
- Lives the CBK values.
- Excellent communication skills.
- Risk management awareness.
- Ability to manage multiple stakeholders and
drive change.
- Ability to work under pressure of deadlines.
- Emotional intelligence.
How to Apply