Finance Officer, Financial Reporting (Business Analyst 1) Finance Department at Central Bank of Kenya

Job Purpose


The Job holder will provide assistance in the implementation of Accounting standards, laws, and preparation of Audited Financial Statements. He/She will uphold the integrity of financial data through general ledger reconciliations and other internal controls and measures


Key Duties and Responsibilities
Strategic Responsibilities


Ensure integrity of Accounting Systems and Financial Data.
Provide technical assistance on Accounting matters.
Assist in the preparation of Audited Financial Statements.


Technical and Operational Responsibilities


Reconcile imported GL files in the reporting system against third party systems on each business day and resolve any variances noted.
Initiate Journal entries in the systems in accordance with the laid down procedures.
Undertake month end closure activities as outlined in the month end closure checklist and follow up on closure of other modules before the closure of the general ledger.
Perform sanity checks of the trial balance.
Perform monthly general ledger reconciliations within the set deadlines and ensure there are no outstanding items, provide comments on any outstanding items and escalate as may be necessary.
Review of reconciliations from partner business areas such as Banking and Payments, Financial Markets and Currency Operations Departments.
Support internal and external audit exercises, action on audit issues raised and ensure they are closed promptly.
Process reimbursement letters and follow - up on payment in line with the laid down work policies and procedures/SLAs.
Prepare and monitor the departmental budget, annual procurement plan and variance reporting.
Assist in the preparation of the Audited Financial Statements by providing audit schedules and any other information.
Represent Finance Department on project teams/working parties to ensure that new products, new functionality and process improvements are correctly implemented.
Any other roles and responsibilities as may be assigned by the supervisor.


Other Responsibilities


Assist the Deputy Manager, Financial Reporting and Manager, Financial Reporting to achieve sectional objectives.
Keep abreast of changes in financial regulations and legislation i.e. policies and International Financial Reporting Standards and update the section leadership.
Assist in interdepartmental activities such as tender opening and evaluation.


Qualifications


A Bachelor's Degree in Accounting, Management, Economics, Finance or business related discipline from a reputable university.
Professional qualification(s) in accounting e.g. CPA, ACCA or equivalent.


Work Experience


At least three (3) years post qualification experience in a busy Accounting related area.


Competencies
Technical Competencies


Good understanding of International Financial Reporting standards.
Good understanding of Financial Reporting requirements.
Strong communication and presentation skills.
Proficiency in Microsoft applications i.e., advanced Excel, word and powerpoint.
Good knowledge and experience with accounting systems
Strong analytical and problem-solving skills


Behavioral / General Competencies


High level interpersonal skills, including ability to build alliances and collaborate across multiple cultures.
Strategic thinking and problem-solving skills.
Strong negotiation skills.
Attention to details.
Customer Focus- Ability to demonstrate concern for the expectations of customers and prioritize them as well as convey realistic expectations.
Emotional Intelligence.
Team player.
Be of high ethical standard and integrity.