JOB PURPOSE:

Ensuring accurate and timely Financial & Regulatory Reporting in compliance with accounting standards and applicable regulations. Maintaining a robust financial control process and governance. Supervising the Financial reporting, Regulatory reporting and Tax & Control teams.

KEY ACCOUNTABILITIES:

Financial Reporting

• Review of statutory financial statements – quarterly and annual for timely publishing to the Stock exchanges and the regulators
• Ensure that financial statements are aligned to applicable accounting standards and CB Finance policy
• Ensure that a robust financial statement close process is in place
• Annual report review (Finance section)
• Liaison with external auditors to ensure all information and explanation is provided for their quarterly reviews and annual audit

Regulatory Reporting

• Review of QCB reporting
• Supervision and monitoring of the QCB reporting process including appropriate controls around data integrity
• Provide appropriate technical advice to team on implementation of new regulatory reports

Financial Controls

• Review performance of finance department through monthly thematic dashboard and key performance indicators to identify lagging and risk areas and recommend appropriate action.
• Attend CB ORAP meetings on new projects and products and provide sign off from Finance perspective
• Pro-actively engage with Internal & External auditors and regulator communications and affairs to identify and manage emerging and existing financial control risks.

Process Control and Improvements

• Supervise enhancement of comprehensive cyclical general ledger balance attestation, testing and deep-drive review on internal accounts.
• Enhance governance on Financial and Regulatory Reporting.

Policies, Systems, Processes & Procedures

• Recommend improvements to functional procedure and direct the implementation of instructions and controls covering a specific area of activity so that all activities are conducted in compliance with risk, audit, and regulatory requirements while delivering a quality, cost-effective service.

Related Assignments

• Perform other related duties or assignments as directed.

Minimum Qualifications:

• Bachelor/Master degree in Business/Finance/Accounts or equivalent.
• Qualified Accountant. e.g: CA, ACCA, CPA etc.

Minimum Experience:

• 15+ years’ relevant experience in reporting, audit and internal controls including at least 5 years in positions of progressively increasing managerial responsibilities.

Knowledge, & Other skills:

• Knowledge of accounting and controls terminology and ability to communicate their meaning to non-financial managers
• Knowledge of Accounting standards and regulatory requirements
• Leadership skills
• Proficiency in Ms Office – Word, Excel and PowerPoint
• Good English speaking and writing skills.