Jobs at Equity Bank Kenya

Scope:

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

KEY ACCOUNTABILITIES:

• Prepare & review daily report for the Bank while performing analysis on daily movements and justifying the same
• Preparation and analysis of the daily, monthly, and quarterly management reports for the Bank
• Preparation and review of daily, monthly & quarterly regulatory reports, and onward submission to the management & the regulator
• Ensuring data integrity in regards to Trial Balance is upheld across the Bank in liaison with Information Technology department
• Posting journals as and when need arises.
• Assist in the preparation of the annual report for the Bank
• Preparing requisites schedules for audit and monitoring both regulatory and internal ratios and during internal and external audits
• Prepare accurate adhoc reports as and when need arise
• Data importation from Finacle
• Linkage and working in support of other departments in Finance and in the Bank in data sharing
• Any other responsibility assigned by Management

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

REQUIRED COMPETENCE AND EXPERIENCE:

Key Critical Competencies 

• Good communication skills both verbal and written
• Excellent interpersonal skills and excellent analytical skills
• Working knowledge of an ERP system and core banking system
• Good knowledge of International Financial Reporting Standards
• Detail oriented and works well with minimum supervision
• Proficiency in excel
• Confidentiality and accountability

Experience

• Degree in a relevant field from a recognized University or College
• Minimum 2 years’ work experience in the bank
• Must be a CPA 3 holder or equivalent qualification

Closing Date: 4 April 2022

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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

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Description
 
Equity Bank is one of the region’s leading banks whose purpose is to transform the lives and livelihoods of the people of Africa socially and economically by availing them modern and inclusive financial services that maximize their opportunities. With a strong footprint in Kenya, Uganda, Tanzania, Rwanda, South Sudan and DRC Congo, Equity Bank is now home to over 15 million customers - the largest customer base in Africa. Currently the Bank is seeking additional talent to serve in the role outlined below.

Job Purpose:

Reporting to the Manager-Group Reporting, the ideal candidate’s key duties and responsibilities will include preparation & review of daily reports, consolidated financial statements, IFRS 9 support and other special projects as assigned
 
Job Responsibilities/ Accountabilities:

• Review the daily reports from the subsidiaries and prepare summary report for management, including variance explanations for huge movements.
• Support the subsidiaries to obtain the required information to support the movements in different P&L and balance sheet lines.
• Be involved in the IFRS 9 monthly/quarterly reporting and explain the movement in numbers to subsidiaries and management
• Ensure all necessary intercompany transactions are identified and eliminated in the consolidated financial statements
• Ensure internal and external reporting timelines are met.
• Ability to work independently and as part of a team and take on new tasks with high level of difficulty
• The individual will work closely with all major functional leaders of the Company.
•  Ad hoc requests from management and other departments.

Qualifications Skills and Qualifications:

• CPA(K) / ACCA qualification
• Relevant degree in Accounting or Finance or related course
• Membership to a professional body is an added advantage
• Minimum three years’ experience in a busy environment
• IFRS expertise is a must
• Detail oriented
• Works well with minimum supervision
• Proficiency in excel
• Deadline-Oriented, Confidentiality.

Closing Date: 4 April 2022