Accountant

Job Purpose

The Job holder will be responsible for Additionally, the incumbent will be responsible for Group reporting in liaison with the Senior Manager Financial Controls.

Key Responsibilities

Procurement duties

Group Reporting

• Responsible for the preparation of Group reports as per SLA.
• Responsible for collation of information from other units for completion of Group Reports.
• Provide support to the Senior Manager Financial Controls with respect to Group reporting enquiries.
• Liaise with MIS unit in automation of Group reports to improve on efficiencies.
• Assist with External audit process by reviewing required audit schedules and support documents.
• Preparation of ALCO pack.
• Any other duties assigned from time to time.

Reliever Role for Accountant-Regulatory Reporting and Accountant -Financial Control

• Provide backup for Accountant -Regulatory reporting and Accountant- Financial Control including IFRS and Central Bank Reporting.
• Input for and validation of IFRS 9 provisioning model.
• Support financial reporting team in respect of preparation of key financial reporting schedules for credit risk and liquidity risk, in line with department standards.

Financial & non-financial (impact on end results “department budget, cost of operation, sales margin, operating income, staff headcount”)

Financial: None

Non-Financial: To improve existing workflow and process based on business and product understanding.

Key Relationship (Internal & External)

Internal:

• Head of Finance (CF0)
• Group Finance
• Branches
• Risk
• IT
• Internal Audit
• Business teams (If required)

External:

• Central Bank and other regulatory authorities e.g., KDIC
• Tax Authority
• Ministry of Finance
• External Auditors
• Tax advisors

Work Experience & Other Requirements

• CPA Part 2 or similar qualification.
• University Degree in Finance, Accounting or Business Studies.
• Minimum 3 years post qualification experience in a similar position and/or in accounting or audit environment
• Knowledge of International Accounting and Reporting Best Practices
• Good knowledge of the Financial and Banking sector
• In depth knowledge on accounting concepts, principal, and knowledge of banking products.
• Knowledge of reconciliation procedures
• Knowledge of CBK electronic software reporting module
• Knowledge of CBK reporting requirements and repercussions for failure to comply.
• Good interpersonal skills and good verbal and written communication skills.
• Good numerical skills
• Good computer skills, especially MS Excel
• Dynamic, analytical, and self-driven individual with the ability to work under pressure.

Key Competencies

• Complex and varied work assignments requiring frequent careful choice in prioritizing, timing and sequence of procedures and steps.
• High impact in terms of risk and delivery responsibilities.
• More demanding internal and external customers due to financial sector sophistication and maturity requiring more sophisticated reports.
• Strong decision-making ability is required on the application of local regulations and bank policies.
• Interpretation and application of IFRS and IAS