Finance Officer, Payroll (Business Analyst 1) at Central Bank of Kenya

Job Purpose

• The role holder being a team member of the Payroll section team and reporting to the Deputy Manager, Payroll section, is expected to actively participate in all payroll activities in order to support the achievement of the Finance Department mandate in the Bank.

Key Duties and Responsibilities

Strategic Responsibilities

• Enhancing payroll internal controls and ensure compliance with Finance Policy and Payroll Standard Operating Procedures.
• Champion the development, implementation and execution of payroll role in finance department as a critical component of ensuring the Bank meets its contractual obligations in line with approved policies & procedures.

Technical and Operational Responsibilities

• Process the disbursement of staff emoluments.
• Assist managing payroll workload to meet operational requirements.
• Capture data related to statutory deductions reporting and filing requirements.
• Making proposals in payroll policy development and payroll operation manual
• Prepare monthly payroll reports.
• Prepare payroll accounts reconciliations and ensure adherence to the Standard Operating Procedures (SOPs).
• Import and review the payment file of staff salary advances and development loans.
• Maintain high professional standards on confidentiality and integrity.

Other Responsibilities

• Perform any other duties as may be assigned by the Finance Department leadership and the Bank.

Qualifications

• Bachelor’s Degree in Finance, Accounting or any other relevant degree from a reputable university.
• Professional qualification(s) in accounting e.g. CPA (K), ACCA or equivalent.
• Membership of ICPAK or ACCA.

Work Experience

• Three (3) years post qualification experience in a busy accounting related area.