Manager – General Accounts 155 views

Purpose of the Job:

To establish a reliable accounting and reporting system that enhance the financial decision-making process of the Bank by monitoring accurate recording of transactions, timely preparations of financial reports and conducting a close follow-up on the Bank’s compliance with all financial and regulator obligations.

Main duties and responsibilities:

• Oversee effective implementation of the Bank’s financial policies and procedures and ensure relevant government regulations are observed by all concerned parties.
• Update the Bank’s chart of account whenever needed and facilitate opening of general and subsidiary ledger accounts.
• Monitor the compliance of all the approval processes and procedures of the Bank’s payment obligations with the Bank’s policies and procedures.
• Review transactions to ensure they are properly recorded and books of accounts are balanced.
• Authorize records of transactions.
• Review the correctness and completeness of payment instruments, tickets /vouchers and countersign on them.
• Supervise timely preparation of payments and ensure that all deductions are made and paid to concerned bodies on time.
• Check all bank reconciliations are properly and timely prepared.
• Supervise the investigation and follow up of all outstanding items on bank reconciliation statements with responsible persons and various organization.
• Monitor timely collection of any income of the Bank.
• Check proper records of all contract documents such as lease (rent) agreements; professional services and ensure that related obligations are timely fulfilled.
• Follow up the periodic and proper recording and updating of fixed asset register of the bank.
• Follow up timely preparation and submission of daily, weekly, monthly, quarterly managerial reports.
• Review reports produced by Officers under his/her supervision and monitor the timely submission of reports to NBE and other regulatory bodies.
• Facilitate external auditing and follow up the timely completion of the Annual Audit Reports.

Generic Duties of the Position:

• Develop and implement the Division’s plans and objectives.
• Develop, approve and monitor the Division’s budgets.
• Identify human resources requirements of the Division and develop plan for meeting the requirements.
• Develop, implement and review relevant divisional policies and procedures.
• Review, approve and submit Divisional reports to relevant organs.
• Support the development of subordinates through periodic performance evaluations, coaching, mentoring, ongoing performance dialogue and feedback.
• Manage disciplinary concerns of the Division’s staff.
• Represent the Division in internal and external relationships.
•  Participate in group decision

Function: Finance and Enterprise Services

Required number: 1

Department: Accounts and Reconciliation

Division: General Accounts

Reporting To: Director, Accounts and Reconciliation

Direct Reports: Financial Analysis and Planning Officer, Accountant

Duty Station: Head Office

Qualification and Experience:

Education

• Master’s degree or Bachelor’s degree in Accounting, Management, Business Administration or related fields

Experience

• Six (6) years and eight(8) years of relevant banking experience for Masters and Bachelor Of which (3) and (4) years of experience in supervisory positions

Professional Qualification

• IFB Certification is Advantageous