KEY RESPONSIBILITIES:
Implement and execute a comprehensive revenue assurance strategy aimed at identifying, plugging, and recovering revenue leakages across all business functions.
Perform revenue line risk assessments, continuously updating and maintaining the risk matrix to identify potential revenue risks.
Carry out cyclic revenue tests, follow up with teams for validation, and track identified leakages, recoveries, and changes (process updates or fixes).
Ensure that all business process changes impacting BPR Bank’s ability to identify, monitor, or collect revenue are properly tracked and mitigated.
Collaborate with business teams to develop and test financial workflows for new products, product improvements, projects, and promotions.
Implement a revenue leakage tracking system and provide monthly reports that highlight changes or enhancements to existing products and services.
Extract and distribute revenue assurance system reports to relevant teams, ensuring timely follow-up on actions required.
Work with business and support teams to develop, perform, and validate reconciliations and analyses of revenue streams.
Analyze reports and data to identify areas where revenue leakage may occur, reporting both recovered and sealed revenues.
Implement activities to identify and address anomalies in data integrity and data flow, including system interfaces and sequence checks.
DAILY RESPONSIBILITIES:
Review Revenue Assurance reports, reconciliations.
Engage with cross-functional teams to validate revenue assurance results and ensure all data is accurate.
Update and maintain the Revenue Leakage Tracker, ensuring it accurately reflects the status of all ongoing actions.
Extract and analyze data to identify potential issues in the bank's revenue processes.
5. Perform financial workflow testing and follow up on any required corrections or validation
EDUCATION QUALIFICATIONS AND WORK EXPERIENCE:
Bachelor’s Degree in Management, Accounting, Finance, Banking, Statistics Commerce or a related field.
Professional Certification in Accounting qualification CPA/ACCA.
Masters Degree in any related field is an added Advantage.
WORK EXPERIENCE:
Minimum 6 years of Experience in Financial Analysis and Banking operations/Credit
About UsKCB Group is registered as a non-operating holding company which started operations as a licensed banking institution with effect from January 1, 2016. The holding company oversees KCB Kenya – incorporated with effect from January 1, 2016 – and all KCB’s regional units in Uganda, Tanzania, Rwanda, Burundi, Ethiopia and South Sudan. It also owns KCB Insurance Agency, KCB Capital, KCB Foundation, National Bank of Kenya, and all associated companies. The holding company was set up to among other things to enhance the Group’s capacity to access unrestricted capital and also enable investment in new ventures outside banking regulations, achieve operational and strategic autonomy for the Group’s operating entities and enhance corporate governance across the Group and oversight in the management of subsidiaries. Related documentation: Group Name Change, Name Change Certificate, KCB Advise on Non-Operating Holding Company, KCB Group Structure, Kenya Gazette Notice.
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What We Do
KCB Group, is the largest financial services organization in East Africa in terms of asset size. The Group's headquarters are located in Nairobi, Kenya, with subsidiaries in Kenya, Rwanda, Southern Sudan, Tanzania, Uganda and Burundi. In 2015, KCB Group opened a representative office in Ethiopia, expanding the growth of the organization. The Bank is over 124 years old having started in Mombasa in 1896. KCB Group has over 354 branches, 26,394 Agents/POS Merchants and 1,103 ATMs. The bank also offers Mobile Banking though the KCB App, Internet Banking and Diaspora Banking Services platform that can be accessed 24/7 basis. The Bank services over 26.8 million customers across the region. KCB Group is the largest financial services organization in East Africa, with an estimated asset base of approximately Ksh. 1.02 trillion as at the of end H1 2021.
