| JOB NAME |
Finance Officer (Accounting & Budgeting) (1063) [Nairobi, Kenya]
POSTED BY: Trading and Development Bank
REF:TDB 2013
Date Published:Wednesday, October 30, 2024
Date of Expiration:Monday, April 28, 2025
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| LOCATION OF THIS JOB |
 Kenya | NAIROBI in Kenya |
| INDUSTRY |
| DEVELOPMENT FINANCE INSTITUTIONS
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| JOB TYPE |
| Full-Time |
| MAIN JOB DESCRIPTION |
Requisition ID 1063
Posted 10/29/2024
Closing 21 November 2024.
Department Financial Management
Duty Post Nairobi, Kenya
BACKGROUND
Established in 1985, the Eastern and Southern African Trade and Development Bank Group (TDB Group) is a multi-lateral, treaty-based, investment-grade development finance institution, with 41 sovereign and institutional shareholders and assets of approximately USD 10 billion. TDB Group currently serves 25 economies in eastern, southern, and western Africa regions, with the mandate to foster trade, regional economic integration, and sustainable development. For more information, visit www.tdbgroup.org.
TDB aims to attract and retain exceptionally talented professionals by offering a conducive working environment and attractive salaries and benefits. In line with its growth strategy, TDB is looking for self-motivated and results-oriented professionals to join a team committed to building a world class financial institution aimed at promoting trade, economic development and regional integration. Interested and qualified candidates who are nationals of TDB's member states are therefore invited to apply for the subject position.
JOB SUMMARY
The Finance Officer (Accounting & Budgeting) is actively involved in analyzing the Group's performance and creating various reports and presentations to support the Group's management in decision making; assisting subsidiaries and Group departments identify focus areas to improve performance; involvement in preparing the corporate plan and annual budgets; timely preparation of accurate and reliable monthly management accounts; financial management reporting; preparation of various financial reports, analyses and dashboards, board papers, presentations as well as covenant reporting.
DUTIES AND RESPONSIBILITIES
1. Analyze financial data and create financial models and scenarios to support decision making.
2. Report on financial performance and prepare regular management reviews for the Group.
3. Analyze past performance, carry out variance analysis; identify trends, and make recommendations for improvements.
4. Management and Board papers and PowerPoint Presentations.
5. Prepare accurate and timely quarterly covenant Reports.
6. Work closely with Accounting and Budgeting team to ensure accurate financial reporting and decision support.
7. Evaluate Group financial performance by comparing and analyzing actual results with plans, forecasts and corporate plan.
8. Commentary on management accounts and PowerPoint Presentations to various internal committees.
9. Forecast full year Group performance based on current performance.
10. Analytical review and trend analysis.
11. Recommend actions after analyzing and interpreting data and making comparative analyses.
12. Identify and recommend areas to drive process improvements, including the creation of standard and ad-hoc reports and dashboards using the Corporate Financial Model.
13. Assist Accounting and Budgeting unit in preparing annual budgets and corporate plans and carrying out mid-year/term reviews.
14. Carry out profitability Analysis of Credit proposals for consideration at Corporate Credit Committee.
15. In-house training of Group staff on financial modelling, forecasting and advanced Excel.
16. Coordinate and ensure the Group's Funds and Asset Management entity audits are carried out within planned period and assist in preparation of the financial statements.
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| REQUIREMENTS FOR THIS JOB |
QUALIFICATIONS AND COMPETENCIES
1. A Master's degree in Accounting or Finance or related field from a recognized institution.
2. Relevant professional qualification such as Certified Public Accountant (CPA), Association of Chartered Certified Accountants (ACCA), Chartered Accountant (CA) or Chartered Institute of Management Accountants (CIMA).
3. A minimum of 5 - 8 years relevant professional experience in accounting and budgeting positions in a busy commercial Grouping or Development Financial Institution environment.
4. Strong financial analysis, forecasting, and modelling skills.
5. Proficiency in Microsoft Excel and familiarity with data query/data management tools (Access, SQL, Business Objects).
6. Robust quantitative orientation with financial modelling knowledge, computer literacy and hands-on skills in enterprise resource planning systems (particularly SAP).
7. Financial and accountancy knowledge and knowledge of IFRS.
8. Results oriented individual with excellent written and communication skills with proven ability to rapidly produce quality reports and ability to work in a multicultural setting.
9. Proven organizational, problem solving and decision-making skills with the ability to build partnerships, work in multinational teams, deliver results and manage client relationships.
10. Fluency in English is a requirement, and Knowledge of TDB Group's other working language (French) would be an added advantage.
APPLICATION PROCEDURE
Interested and qualified candidates should express their interest by submitting their applications by 21 November 2024.
Application package should include a resume, cover letter, academic and professional certificates, full contact address and three reference names and addresses.
Please note that only shortlisted candidates will be contacted for further processing. TDB is an equal opportunities employer. Female candidates are strongly encouraged to apply.
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English 
FRENCH
