Assistant Finance Manager – BAM oversees asset management financial operations, reporting, and compliance, requires a Business or Finance Degree, CPA(K), and 4+ years finance experience. Full-time role in Nairobi.
Job Purpose:
To provide effective financial reporting, review and
oversight for Britam Asset Managers, its related entities, SPVs, Unit Trust
Funds and Alternatives, ensuring accurate and timely financial information,
robust reconciliations, regulatory compliance, effective financial controls and
decision-support reporting for management, EXCO and the Board.
Key
Responsibilities:
Review
and oversee preparation of financial reports for BAM Kenya, Uganda, SPVs, Unit
Trust Funds and Alternatives.
Review
BAM Kenya monthly and annual financial statements, management accounts, trial
balances and supporting schedules.
Prepare
Board Packs, EXCO Packs, Finance Leaders Reports and Operations Reconciliation
Reports.
Review
financial performance, variances, key movements, risks and management
commentary for decision making.
Review
and challenge bank, intercompany, receivables, payables, investment, tax, fixed
asset and other balance sheet reconciliations.
Review
and approve journals, month-end adjustments, accruals, prepayments,
commissions, payroll and investment income entries.
Review
CMA regulatory reports and supporting financial information and ensure timely
and accurate submissions.
Review
Risk-Based Capital Adequacy (RBCA) reports and supporting schedules for
completeness and accuracy.
Conduct
tax reviews covering VAT, withholding tax and other applicable tax
computations, reconciliations, returns and payments.
Review
and approve payment requisitions, payment vouchers, fund transfer instructions
and other disbursements in line with delegated authority.
Review
the financial statements and reporting packs for all SPVs, ensuring
completeness, accuracy and compliance with Group requirements.
Coordinate
internal and external audit processes, including review of audit schedules,
responses to audit queries and follow-up of agreed actions.
Review
operational and financial reconciliation reports, identify root causes of
variances and monitor resolution of outstanding items.
Supervise,
coach and review work performed by finance team members and ensure timely
delivery of reporting and control activities.
Support
budgeting, forecasting, cash flow management and financial analysis as
required.
Review
systems-generated reports, UAT outputs and reporting developments to safeguard
data integrity and reporting accuracy.
Drive
continuous improvement of finance processes, controls, reconciliations and
management reporting.
Perform
any other duties as required.
Knowledge, experience and qualifications required
Bachelor
of Commerce (Accounting/Finance) or equivalent.
Master’s
degree in business related field is an added advantage.
Professional
accounting qualification such as CPA(K), ACCA or equivalent; membership of
ICPAK or relevant professional body.
Relevant
experience in a busy finance, investment management, insurance or financial
services environment.
Strong
knowledge of IFRS, financial reporting, reconciliations, regulatory reporting,
taxation and financial controls.
Strong
analytical, report writing, communication and stakeholder management skills.
Technical/ Functional competencies
Financial
Reporting & IFRS.
Fund
& Investment Accounting.
Risk
Management & Internal Controls.
Regulatory
& Tax Compliance.
Financial
Analysis & Management Advisory.
Reconciliations
& Data Integrity.
Audit
& Process Improvement.
