Manager, Management Reporting, prepares financial performance reports and budget variance analyses, requires a Finance Degree, CPA(K)/ACCA, and 5+ years experience.
Job Purpose
Responsible
for the preparation, analysis and delivery of timely, accurate and insightful
management reports and financial analysis that support effective performance
monitoring, strategic planning and informed decision-making by management.
Key Responsibilities
Management
Reporting — 40%
Preparation
of the management accounts in accordance with the generally accepted accounting
standards (IFRS) and prudential guidelines.
Analyse
actual performance against budget, forecasts and prior periods, highlighting
key variances and business drivers.
Monitor
income and expense reporting lines daily to ensure income and expenses have
been correctly captured, and any mis-posts have been corrected.
Provide
comprehensive, in-depth and timely analytical support to the organization
through developing financial reports and presentations.
Review
income, expenditure, balance sheet and profitability trends and provide
insightful commentary.
Assist in
the preparation of Board pack, ALCO pack, EXCO Pack and ad hoc
presentations/reports depending on management’s needs.
Preparation
of key ratios (cost of funds, yield on assets and cost of income) and other
financial ratios (gross loans to customer deposits, liquidity, non-funded to
total income) and advising on the right mix.
Prepare
branch profitability reports.
Support
the budgeting, forecasting and periodic reforecasting processes.
Ensure
accuracy, completeness and integrity of management reporting information.
Assist in
the preparation of the annual financial statements.
Regulatory
Reporting — 40%
Support
the preparation and submission of CBK reports.
Support
the preparation and submission of KDIC reports.
Support
the collation, validation and reconciliation of information required for CBK
reporting.
Review
relevant GL balances and GL mappings to ensure consistency with management
reporting.
Assist in
preparation of quarterly financial publication.
Audit
Support — 20%
Coordinate
external audit activities, including provision of requested information,
follow-up on audit queries and facilitating timely resolution of audit matters.
Conduct
specific financial reviews and analysis as required.
Respond
to ad hoc reporting requests while maintaining accuracy, quality and
appropriate controls.
Key Relationships
Direct
Reports to this Position:
None
Customers
of this Position:
Finance
Department
Central
Bank of Kenya
Kenya
Deposit Insurance Corporation
External
Auditors
Internal
Auditors
Branches
Chief
Finance Officer
Head of
Finance
Knowledge, Skills and Experience
Required for this Role
Job
Knowledge
Good
knowledge and application of International Financial Reporting Standards
(IFRS).
Knowledge
of financial accounting, budgeting, control, and reporting principles, methods,
techniques, and standards as applied within the company’s business environment.
Good
knowledge of CBK prudential guidelines.
Proficiency
in the use of personal computers and related applications such as MS Office,
Advanced Excel, PowerPoint, and information systems used in financial and/or
accounting applications.
Ability
to work in a highly demanding environment with time pressures and manage
multiple tasks.
Experience
and Education
Minimum 5
years’ working experience in Finance.
Bachelor’s
degree in either Accounting, Finance or Economics from a recognized University.
Professional
qualification in CPA or ACCA.
Competencies
Required for this Role
Adhering
to principles and values.
Well
organized and keen to details.
Good
communication and presentation skills.
Good
interpersonal skills, positive attitude and team player.
Delivering
results and meeting customer/stakeholder expectations.
Discretion
when dealing with confidential information.
