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Officer, Financial Reporting at Standard Bank Group

JobWebKenya

Accounting, Auditing & Finance

KES Confidential
New
3 weeks ago

Job Summary

 

Job Description/Requirements

Job Description

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Standard Bank Group is the largest African banking group by assets offering a full range of banking and related financial services. “Africa is our home, we drive her growth” Our vision is to be the leading financial services organisation in, for and across Africa, delivering exceptional client experiences and superior value. This sets the primary goals and standard of excellence we intend to achieve in the medium term. With a heritage of over years, we have an on-the-ground presence in 20 countries in sub‑Saharan Africa; fit-for-purpose representation outside Africa; and a strategic partnership with the Industrial and Commercial Bank of China (ICBC)

Job Purpose 

To ensure the overall integrity and accuracy of the General Ledger as a basis for the preparation of financial and management reports  Detailed review and analysis of financial performance  To provide quality commentary on financial performance and management information  Budget preparation and planning

Key Responsibilities

Prepare information on business unit performance

Preparation of the business unit balance sheet and income statement on a daily and monthly basis Monitoring business unit balance sheet movements and ensuring that they reflect the correct balances

Provide commentary and insight on business performance

Provide quality commentary to Head office reports and management information and adhering to set timelines Provide insightful reports on financial performance to business and enabling functions that align to bank’s strategy

Prepare information on cost management

Prepare cost reports that shows spend versus various factors budget, prior periods that assist in cost management within units. Create more cost effective controls and reporting framework Provide cost benchmark information against competitors of similar size to help manage cost more efficiently

Facilitate the budgeting and planning process

Planning, monitoring and forecasting for the Bank and its related entities.

Perform revenue assurance for the Bank and individual Business level

Perform revenue substantiation and highlight any areas of revenue leakage and inconsistent methodology

Pursue areas of creating efficiencies in generation and submission of reports

Implement various initiatives to improve financial reporting processes and submissions

QUALIFICATIONS

Minimum Qualifications

Type of Qualification: Degree Field of Study: Finance and Accounting Preferable professional course: CPA 2

Experience Required

2-4 years years experience in financial accounting. Experience Description: Self driven, Curious, Keen on the details, Articulate, Team player

ADDITIONAL INFORMATION
Behavioral Competencies:

Articulating Information Checking Details Documenting Facts Embracing Change Examining Information Following Procedures Interpreting Data Managing Tasks Meeting Timescales Producing Output Team Working Upholding Standards

Technical Competencies:

Bookkeeping Financial Accounting Reconciling Financial Records

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