Senior Controls Officer at Equity Bank Kenya

Purpose:

The holder of the position will be required to maintain a robust internal control framework while continuously reviewing it to mitigate risks. A strong internal control framework will lead to high-level quality of financial statements of the organization in compliance with internal policies.

Scope:

General Accounting, reporting, fixed assets accounting, data extraction, mining and analysis
 
KEY ACCOUNTABILITIES:

• Evaluate the existing internal financial controls, and recommend improvements where deficiencies are identified
• Conduct follow-up reviews of financial, operational, or regulatory compliance deficiencies noted during audits (internal & external)
• Administer the internal financial control framework and procedures to help ensure the effectiveness of internal financial controls over reporting.
• Formulate and implement relevant directives, guidelines and procedural documents pertaining to internal financial controls and managing any required reviews and updates.
• Ensure the Internal Financial Control Matrix  is current and ensure the adequacy of key control design effectiveness.
• Reviewing of daily movements in the General ledgers and report exceptions noted and provide improvements on key processes
• Ensuring old outstanding items in the departmental reconciliations are promptly resolved with a clear resolution plan shared by the relevant department
• Continuously ensure that general ledger accounts with zero activity are closed.
• Review all general ledger accounts to ensure that they are correctly mapped to the chart of accounts and all new GLs opened meet the minimum requirements
• Regularly review the general ledger access rights that have been granted and ensure they comply / aligned with the duties of each user

SPECIAL CHALLENGES:

• Ability to meet tight deadlines on reporting without compromising quality
• Driving achievement of the Finance scorecard
•  Ability to think outside the box on process improvements

Key Critical Competencies 

• Good communication skills both verbal and written
• Excellent interpersonal skills
• Excellent analytical skills
• Advanced IT skills in Microsoft office-Excel
• Able to work well with minimum supervision
• Working knowledge of an ERP system and core banking system

Experience

• Degree in a relevant field from a recognized University or College
• Minimum 3 years’ work experience in a similar position in the banking sector
•  Must be a CPA 3 holder or equivalent qualification

Closing Date: 20 April 2022