Kenya Industrial Estates Careers in Kenya

8. Assistant Manager Management Accounting


Direct Reports to:
Finance Manager

a) The position is responsible for management and oversight of multiple finance functions i.e.
inventory, cash and bank/revenue, accounts payable, accounts receivable, non-current assets,
accounts in marketing branches to ensure their profitability;
b) Prepare and monitor budgets, process all administration payments and investments. Ensure
preparation of payroll and prepare an accurate list of creditors.

Duties and Responsibilities
a) Ensure adherence to laid down accounting controls;
b) Ensure timely and accurate management and financial reports to management and the
Board though periodic reports up to final accounts;
c) Ensure preparation of accurate schedules for all financial reports;
d) Liaise with external audit and tax bodies to ensure compliance with the Laws;
e) Supervise adjustments and provisions of write-offs;
f) Prepare and supervise budget proposals and present the same to the supervisor for
effective implementation;
g) Advice management on viable business centers and maintain an accurate record of
creditors;
h) Monitor actual expenditure against the budget and supervise preparation of work Plans;
i) Ensure effective processing and payments of all company investments including loan
disbursements, construction of sheds and capital investments as necessary;
j) Supervise preparation of the statutory accounts in line with the International Financial
Reporting Standards;
k) Co-ordinate and participate in completion of the interim and annual statutory audits;
l) Participate in completion of internal audits and ensure timely implementation of
recommendations on all financial matters;
m) Supervise preparation of the Company cash flow forecasts an and advice the stakeholders
accordingly.

Requirements for Appointment
(i) A Bachelor’s Degree in Finance or Accounting Option;
(ii) Certified Public Accountant (CPA-K);
(iii)Master’s Degree in the related field is an added advantage;
(iv) Proficiency in computer applications;
(v) Progressive work experience 7years 3 years at senior level ;
(vi) Shown merit and ability as reflected in work performance and results;
(vii) Should be at least a member of the professional body (ICPAK)

9. Manager Risk /Credit Management

Direct Reports to:-
Managing Director

Job Purpose:-
a) This is a position responsible for the overall leadership of the Risk Management Function and
successful attainment of a healthy loan portfolio through risk mitigation.
b) To promote and sustain a culture of risk management discipline within the institution To
represent the risk and assurance function to the Board and ensure that there are effective
standards and internal controls, policies and procedures, systems and a risk management
framework that supports business sustainability and continuity as well as ensuring compliance
with various regulatory standards;
c) To anticipate and proactively ensure management of all potential risks, including credit,
operations, information security, regulatory compliance and reputation risks and to initiate
actions to pre-empt systemic risks;

Duties and Responsibilities:-
a) Spearhead and direct the Risk department team into identification and retaining the
appropriate risk management discipline while supporting growth aspirations to achieve
strategic goals of the company;
b) Administer appraise all new investment and ensure that every approved project is
technically feasible and economically viable;
c) Ensure that Risk Management Framework is adopted and effectively applied across all
departments of the institution;
d) Implement the Credit Risk Management Policy and ensure that the risk management
governance structures are fully functional;
e) Identify credit risks in the business, monitor the actual level of credit risk on a regular
basis and play a preventative role in risk control;
f) Embed a culture of consciousness and transparency for risk management and ensure that
the nature and size of risks are well understood by all staff;
g) Manage risk on a day to day basis which includes monitoring and reporting. This should
include measures and procedures for:- understanding key processes, risk identification,
risk analysis and assessment responding to risks identified and assessed adequate
information and communication and monitoring of risk management activities;
h) Ensure issuance of quarterly statements/invoices. This shall automatically trigger status of
an account;
i) Initiate and oversee debt clearance and issuance of certificates upon completion of the
loan and thereafter release of securities;
j) Ensure remedial action is taken appropriately on non-performing loans, rents and
mortgages through rescheduling, rehabilitation, write off, negotiation, legal action on
Category D and E, repossession and disposal of securities;
k) Initiate special task force on debt recovery upon approval by the CEO.
l) Embed operational risk practices into business activities and support it with appropriate
training and awareness;
m) Manage the daily administration for loan documentation in full compliance with the
internal standards and external regulatory requirements;
n) Conduct periodical review on loan administration procedures to streamline workflow
  • Generate, review and maintain loan disbursement reports for presentation to credit
    committees, and provide monthly reports on the same, in accordance to the credit
    policy and guidelines;
  • Ensure post disbursement compliance with approved terms and conditions,
    assignment of rights, review expiry of credits, progress on payment, insurance etc.
  • Review daily credit monitoring and management reports and identify non-performing
    loans with anomalies and proactively follow-up to ensure corrective action taken in
    line with credit policy;
  • Monitor all irregularities, past dues, documentation deficiencies and report to senior
    management;
  • Advise on risk issues and prepare reports for the Board to assist in decision making.

    Knowledge and Experience Required of Job Holder:
  • Degree in Finance, Accounting, Banking or Business related field;
  • Master’s Degree in the relevant field is an added advantage;

    Professional qualifications in Credit Management CPA (K) or ACCA;
  • A minimum of 6 years of experience in Credit Risk function with 3 years in a
    management roles;
  • Shown merit and ability as reflected in work performance and results;
  • An understanding of lending products in a Financial Industry;
  • An understanding of an enterprise Risk Management Framework
  • Exposure to demanding operational environments, ability to gain insight into
    the most effective risk management applications and key points for:-
  • Measurement of market risks facing the institution;
  • Gathering data for use in review of MRM Policies by monitoring reports;
  • Performance of administrative duties;
  • Monitoring of the loans and ensuring the PAR is within the acceptable company’s rate.


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