Employment is a dream for many, but often, the Failure to be called for an Interview can be a significant barrier. NCBA Bank Kenya Hiring Senior Accountant who wish to pursue their dreams job at NCBA Bank. Here pickallnews.com, With substantial opportunity available for all qualified applicants, the NCBA Bank Kenya is inviting applications to fill mentioned vacant below;
NCBA Bank Kenya
By combining the strengths of both NIC and CBA, the new NCBA has created a bank that offers the best features of both, including state-of-the-art mobile banking with traditional relationship management, scalable business banking with financial services that expand with your company, and investment solutions that are customized to meet your unique requirements.
The primary responsibility of the position is to oversee the daily operations of the General Ledgers (GL), which serve as the Group’s principal source of financial data. In addition to managing the monthly, quarterly, and yearly financial closures, this position will work with the subsidiaries to guarantee data completeness, accuracy, and standardization for the financials’ consolidation. To meet the goals of the group entities, the position will improve the caliber of management reporting and financial discipline.
In order to prepare financial and management reports, the job assists the Deputy Director of Finance in ensuring that the general ledgers are reviewed for overall integrity and accuracy. The position will include involve statutory reporting, particularly the annual accounts process coordination. The function will specifically assist in the adoption and solidification of financial controls culture, policies, tools, processes, and procedures that guarantee internal efficient and effective financial information preparation and dissemination. In Kenya and the subsidiaries, the function encompasses both financial reporting and control.
Responsibilities:
- In order to reduce, discourage, and identify the risks of fraud, manipulation, and revenue losses, group general ledger maintenance is necessary to support accurate books of accounts in compliance with applicable laws and regulations in Kenya as well as the International Financial Reporting Standards.
- To make sure the GL accurately depicts the group’s financial situation, collaborate closely with the financial control teams.
- Collaborate closely with the Finance system to guarantee accurate and high-quality data by correctly configuring and maintaining the ledgers.
- Examine and ensure that the Group Banking Products are correctly maintained in order to facilitate reporting and revenue collection throughout the Group.
- Examining the accounting for costs in accordance with global accounting standards and group regulations.
- In order to guarantee correct setup in accordance with finance set controls and reporting requirements, take part in the implementation and upgrading of bank systems, particularly those that affect the general ledger, revenue assurance, reconciliation, payments, and reporting process.
- Analyzing trends and making recommendations for and putting into practice changes to the current policies, practices, and frameworks to strengthen fraud prevention
- Cross-functional teams working together to improve revenue collections and business performance are constantly being reviewed. In order to protect the bank against the danger of revenue leaks at all times, particularly during the launch of new products, new systems, and system enhancements, this entails reviewing processes and procedures.
- MIS: Participation in the creation of systems for gathering and evaluating operational and financial data in order to deliver pertinent management information and reports to designated stakeholders.
Qualifications:
- A business-related university degree or its equivalent.
- Having an MBA is beneficial.
- CIMA, ACCA, CPA, or a similar professional designation Ideal job experience:
- Five years of accounting experience gained after qualification in a medium-sized to big business setting.
- Four years of middle management experience at work.
- Practical knowledge in using pertinent Microsoft Office programs.
- Proficiency with SAP, T24, SAP BODs, and SAP BPC.
- An extra benefit would be experience in the banking or financial services industries.
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Application Process
The deadline for submitting job applications is 13th May, 2024;
Only shortlisted candidates will be contacted.
All applications must be submitted through the NCBA Bank Recruitment Portal at https://ke.ncbagroup.com/job-openings/ for any new positions.