DIB Bank Kenya Accountant – Financial Operations Jobs
Job Purpose
The incumbent will be charged with accounts payables & requisition management, project accounting, fixed assets and the management of the fixed assets register, cost control and driving cost management culture, tax payments, cross border recharges.
Additionally, he/she will be cross checking the internal financial controls and policies, standards & procedures, while ensuring General Ledger standards and controls, financial data processing are as er the requirements.
Key Responsibilities
Oversee that Accounts Payable function for procurement and suppliers is carried out efficiently and in a controlled manner. Enforce the Expense Management Guidelines for proper cost control.
Reconciliations and or substantiation for GL accounts are reviewed on a period basis, timelines and in the manner set out in the control guidelines. To include reconciliation schedules, backup evidence, quality and ageing analysis.
Reviewing, monitoring and correcting accounts with ‘unnatural’ balances (asset accounts in credit and liability accounts in debit) at TB and Departmental levels.
Review GLs for outstanding items and on a regular basis make adequate accruals and provisions as per accounting standards.
Escalate any reconciliation issues in line with the Escalation procedures and promptly clear all reconciliation issues with utmost diligence and seriousness.
Ensure adequate provisions / write-offs must be created / made as required. In such cases, the appropriate approval procedures must be followed in line with the Delegation of Authority.
Reconciliation and substantiation of amounts due to and due From DIB Group affiliates including cross boarder recharges.
WIP monitoring, analysing, accounting, and reporting on project spend and explanations for any variances.
Ensure that costs are recorded against the correct cost centre and account line and that prepayments and accruals are properly recorded, monitored, and cleared.
Ensure that all assets are capitalized in accordance with approval limits and that capitalizations are done on a timely basis.
Ensure that costs are recorded against the correct cost centre and account line and that prepayments and accruals are properly recorded, monitored, and cleared.
Monitor and review the branch expenses through petty cash process and ensure that the branches get approvals for any variations.
Any other responsibility that will be assigned from time to time by line manager.
Job Specification
Minimum bachelor’s degree preferably in accounting, finance, or business administration from a recognized institution.
Fully qualified Certified Public or Chartered Accountant or similar qualification.
Accounting & financial reporting skills.
Financial statements analysis skills.
Knowledge of Bank’s operations.
Good knowledge of sharia compliant banking operational processes will be an added advantage
How to Apply
Please send your CV and cover letter to [email protected] quoting The role title as the Subject of the email application
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