Main duties

• Develop and implement financial strategies, policies and procedures to ensure fiscal accountability.
• Assists the CFO with directing the Bank's accounting functions to include establishing and maintaining its accounting principles and practices.
• Monitor and analyze financial performance, providing guidance and recommendations to the CFO and other senior-level management.
• Oversee the preparation of financial statements, reports and analysis to assess the financial performance of the organization and provide guidance for decision-making.
• Manage the budgeting process, ensure compliance with internal controls, and coordinate financial audits.
• Updates the CFO of the preliminary monthly results, provides potential adjustments, and finalizes results.
• Lead the development of short- and long-term financial plans and forecasts.
• Maintain the company bank balance and remain cognizant of outstanding checks.
• Read and review any documentation attached to checks for approval and accuracy.
• Ensure all financial statements and tables are correct and precise.
• Prepare projections annually and update monthly with actual figures.
• Coordinate with the tax division and prepare any schedules required for tax returns.
• Supports the CFO with special projects and workflow process improvement, including policies and procedures within the department.
• Monitors system controls for ensuring data integrity and confidentiality at all times.
• Serves as a liaison to functional leadership across the organization, assisting them with accounting related service issues.
• Interprets financial transactions and events for users who must make economic or business decisions.
• Reviews and posts journal entries and ensures monthly account reconciliations and analyses are completed in a timely manner.
• Measuring company performance against external and internal benchmarks.
• Ensuring compliance to statutory law, finance, and tax regulations.
• Overseeing Treasury and Taxation functions.
• Maintenance and documentation of accounting procedures & policies.
• Manage the budgeting and forecasting process.
• Solving technical accounting issues.
• Maintaining relationships with external auditors and banks.
• Oversee Financial Systems and external providers of systems management and system upgrades.
• Identifying areas to improve business efficiencies and reduce costs.
• Managing the monthly financial and Board reporting.
• Preparation of timely and accurate financial statements and annual reports.
• Maintain all the necessary reporting to the banks and backup system reports.
• Coordinates activities in the preparation of periodic audits by internal and external entities.
• Ensures that record systems and procedures are maintained in accordance with current accounting principles.

Prerequisites

• Master Degree in Banking or Finance from a recognized university OR an alternate qualification from a recognized university/professional body in a field of study relevant to the scope of work, acceptable to the Bank with minimum 10 years of management level experience in the Financial Sector.
• Microsoft Excel modelling capabilities to design and manage short- and long-term cash flows.
• An understanding of International Financial Reporting Standards and hedge accounting.
• IFRS 9 knowledge/expertise.
• Strong attention to detail and critical thinking under pressure.
• Significant experience in presenting to Executive Committees and Boards highly desirable.

Skills

• Exceptional verbal and written communication, collaboration, and time management skills.
• Superior organizational and motivational skills, strategic, communication and tactical excellence.
• Proficient in database and accounting computer application systems.