The Central Bank of Kenya (CBK) continues to uphold its commitment to excellence, integrity, and innovation in delivering efficient and effective financial services. As the nation’s primary financial institution, CBK plays a critical role in promoting monetary stability, regulating financial institutions, and safeguarding the overall integrity of Kenya’s financial system.
In line with its mission, the Bank is seeking to strengthen its Finance Department by inviting qualified, competent, and driven professionals to apply for the role of Deputy Manager, Payroll Section. This opportunity is ideal for candidates who possess not only technical expertise in payroll management and accounting, but also the leadership qualities necessary to support and drive strategic improvements in the payroll function.
The successful candidate will contribute directly to ensuring that payroll operations are accurate, timely, compliant with statutory regulations, and aligned with best practices. By deputizing the Manager Payroll Section, the role holder will also be key in enhancing internal controls, developing policy frameworks, and implementing procedures that position payroll as a critical component of the finance department.
If you are motivated by the chance to play a vital role in the Bank’s financial operations and wish to join a professional, values-driven institution, this is the opportunity to seize.
Position: Deputy Manager, Payroll Section
Closing Date: Thursday, 18 September 2025 at 5.00 p.m.
Job Purpose
The Deputy Manager, Payroll Section will support the Manager Payroll Section in overseeing payroll operations within the Finance Department. The role entails preparation, review, reporting, and distribution of payroll while maintaining accurate records and advising on emerging tax issues. The position requires a proactive professional with the ability to manage complex processes, ensure compliance, and champion improvements in payroll systems and policies.
Key Duties and Responsibilities
Strategic Responsibilities
- Enhance and maintain effective internal controls within the payroll function.
- Champion the development, implementation, and execution of payroll roles within the Finance Department as a critical component for ensuring contractual obligations are met in line with approved policies and procedures.
- Provide proposals for the development of payroll policies and operational manuals to strengthen governance and efficiency.
Technical and Operational Responsibilities
- Review the process for disbursing staff emoluments to ensure accuracy and timeliness.
- Assist in managing the payroll workload to meet operational requirements and deadlines.
- Review statutory deductions, reporting, and filing requirements in compliance with regulations.
- Review monthly payroll reports for accuracy and completeness.
- Oversee payroll account reconciliations and enforce adherence to Standard Operating Procedures (SOPs).
- Continuously assess, review, and report on payroll-related policies, procedures, and processes, recommending improvements where necessary.
- Maintain payroll data, information, and records in strict compliance with statutory and regulatory requirements.
- Support the processing of staff salary advances and development loan repayments.
- Monitor emerging legislation or tax laws that may impact payroll and advise the Manager accordingly.
- Uphold high professional standards of confidentiality, accuracy, and integrity in payroll operations.
Other Responsibilities
- Deputize for the Manager Payroll Section whenever required.
- Undertake other responsibilities as assigned by the Finance Department leadership or the Bank.
Qualifications
- Bachelor’s degree in Finance, Accounting, or a relevant field from a recognized university.
- A postgraduate degree in a relevant area will be an added advantage.
- Professional qualifications such as CPA (K), ACCA, or an equivalent.
- Membership in ICPAK or ACCA is required.
Work Experience
- At least five (5) years of post-qualification experience in a busy accounting-related environment.
- Demonstrated exposure to payroll management and experience with accounting systems will be an asset.
Competencies
Technical Competencies
- Strong understanding of payroll management systems and processes.
- In-depth knowledge of International Financial Reporting Standards (IFRS).
- Solid grounding in financial and management accounting.
- Proficiency in payroll software, ERP systems, and related third-party interfaces.
- Familiarity with human resource policies and practices.
- Competence in accounts analysis, reconciliation, and reporting.
- Sound knowledge of taxation, relevant legislation, pension rules, and regulations.
- Analytical ability to interpret data and identify trends.
Behavioural/General Competencies
- Leadership and people management capabilities.
- Strong interpersonal and cross-cultural skills to engage diverse teams.
- Critical and analytical thinking with effective problem-solving skills.
- Project management and organizational skills.
- Strategic decision-making and ability to identify emerging trends.
- Independent thinking, objectivity, and integrity in handling sensitive information.
- Commitment to CBK values and ethical conduct.
- Excellent communication and presentation skills.
- Awareness and application of risk management principles.
- Ability to handle multiple stakeholders and lead change initiatives.
- Resilience and ability to perform under pressure and tight deadlines.
- High levels of emotional intelligence in professional interactions.
Important Notes to Candidates
- Incomplete applications will not be considered.
- Only shortlisted candidates will be contacted for the next stage of the recruitment process.
- All applications must be submitted before the closing date.
How to Apply
Candidates interested in this opportunity are encouraged to submit their applications by registering or logging into the Bank’s recruitment portal. Please ensure that you provide accurate and up-to-date information when applying.
Apply Now
Conclusion
This opportunity to serve as Deputy Manager, Payroll Section at the Central Bank of Kenya is more than a job—it is a chance to contribute to the integrity and efficiency of Kenya’s financial management systems. The Bank is looking for individuals with the technical knowledge, leadership ability, and professional integrity to make a meaningful impact within its Finance Department.
If you have the passion, skills, and experience required for this role, take the next step in your career journey and apply before the deadline.
