HFC Limited, the banking and property finance subsidiary of HF Group, is a trusted name in financial services and property financing across Kenya. With a strong commitment to excellence, innovation, and customer-focused solutions, HFC continues to play a pivotal role in driving financial inclusion and housing development in the region.
As part of its growth strategy, HFC Limited is looking to recruit a highly skilled, results-driven, and forward-thinking professional to join its Finance Department. The successful candidate will take up the role of Head of Financial & Regulatory Reporting, a position that carries significant responsibility in ensuring the organization’s financial and regulatory obligations are met with accuracy, timeliness, and integrity.
This role offers an exciting opportunity for an individual with outstanding leadership, technical expertise, and strategic thinking to contribute to the financial success of one of Kenya’s most dynamic financial institutions. If you are a self-motivated leader who thrives in high-performance environments and is committed to driving excellence, then this opportunity is tailored for you.
The deadline for applications is 15th September 2025. The position falls under the Finance Category and is part of HFC Limited, a subsidiary of HF Group.
For more details, please refer to the attached PDF.
Job Title: Head of Financial & Regulatory Reporting
Job Purpose
The Head of Financial & Regulatory Reporting is responsible for overseeing the preparation, accuracy, and timely distribution of management accounts and financial statements for both internal and external use. The role also ensures compliance with regulatory requirements, manages financial reporting frameworks, and provides leadership to a team of specialists in the Finance Department.
The successful candidate will play a central role in enhancing the accuracy and efficiency of HFC’s financial reporting processes, aligning them with global accounting standards (IFRS/IAS) and Central Bank of Kenya Prudential Guidelines.
Principal Accountabilities
The responsibilities of the Head of Financial & Regulatory Reporting are wide-ranging and crucial to the smooth functioning of HFC’s Finance Department. Key accountabilities include:
- Financial Reporting and Management Accounts
- Coordinate the preparation of periodic management reports and annual financial statements for the Bank, non-bank subsidiaries, and the wider Group.
- Prepare comprehensive reporting packs for senior management and board members to aid in informed decision-making.
- Align reporting timelines with executive management and board committee calendars.
- Regulatory Compliance and Submissions
- Ensure that regulatory reports adhere to the Central Bank of Kenya (CBK) Prudential Guidelines.
- Drive process improvements to guarantee accurate and efficient reporting of regulatory capital and liquidity.
- Adapt financial reporting systems to accommodate CBK’s evolving requirements.
- Oversee the preparation and timely submission of financial reports to regulatory bodies, ensuring accuracy and compliance.
- Performance Monitoring and Analysis
- Coordinate the preparation of daily performance reports with analysis of key performance indicators.
- Provide detailed explanations of adverse movements in business performance to senior management.
- Conduct monthly comparative analyses, calculate financial ratios, and prepare written explanations of major variances for the Finance leadership team.
- Audit and Internal Controls
- Facilitate and coordinate both internal and external audits to ensure compliance and timely resolution of audit queries.
- Liaise with auditors and address all issues raised promptly and effectively.
- Enhance audit readiness through efficient internal controls and reporting processes.
- Leadership and Team Development
- Oversee a team of specialists in financial reporting, providing mentorship, coaching, and career development opportunities.
- Build a motivated and knowledgeable finance team capable of delivering high-quality financial and regulatory reports.
- Facilitate cross-functional learning programs to enhance understanding of new accounting and reporting requirements.
- Strategic Financial Guidance
- Offer expert guidance on International Financial Reporting Standards (IFRS) and regulatory requirements.
- Conduct impact assessments of new standards and regulations on financial reporting.
- Manage processes and procedures for capturing, maintaining, and reporting accurate data across the Group.
- Process Improvement and Systems Development
- Streamline financial reporting systems to reduce cycle times and improve accuracy.
- Standardize reporting formats to improve efficiency across the Finance Department.
- Ensure cost accruals processes are efficient and aligned with best practices.
Key Competencies and Skills
The Head of Financial & Regulatory Reporting role requires a combination of technical expertise and general leadership skills.
Technical Competencies
- Strong financial, accounting, and managerial knowledge.
- In-depth understanding of International Financial Reporting Standards (IFRS), International Accounting Standards (IAS), and their interpretations (SIC & IFRIC).
- Expertise in CBK Prudential Guidelines and their application in banking.
- Sound understanding of Basel Accords and capital adequacy requirements.
- Knowledge of various financial instruments, including derivatives and trade contingent items.
- Advanced proficiency in Microsoft Excel for financial modeling and reporting.
- Proficient tax knowledge to support compliance and financial planning.
- Familiarity with ERP systems, core banking systems, and Microsoft Office applications.
General Competencies
- Innovative and analytical, with the ability to deliver under pressure and within strict deadlines.
- Strong leadership, managerial, and supervisory abilities.
- Excellent communication and interpersonal skills, with the ability to engage at all levels of the organization.
Minimum Qualifications, Knowledge, and Experience
- Education:
- A first degree in Finance, Accounting, or a related business field.
- CPA (K) qualification is mandatory.
- A master’s degree in a business-related field is an added advantage.
- Experience:
- At least 12 years’ experience in finance, with a minimum of 6 years in the banking sector.
- At least 5 years in a senior management role.
Why Join HFC Limited?
Working at HFC Limited offers more than just a career; it is an opportunity to be part of a leading institution that values innovation, integrity, and excellence. As a member of the HF Group, you will work in a dynamic environment where your expertise and contributions will directly impact business performance and industry leadership.
The role of Head of Financial & Regulatory Reporting is critical in shaping the financial health of the organization. You will have the opportunity to lead a highly skilled team, influence strategic decision-making, and ensure HFC maintains its reputation as a reliable and compliant financial services provider.
This role offers exposure to complex financial reporting environments, regulatory compliance landscapes, and opportunities to contribute at the highest levels of financial management. It is ideal for a professional who thrives in demanding environments and is passionate about excellence in financial stewardship.
How to Apply
If you believe you are the right candidate for the position of Head of Financial & Regulatory Reporting, we invite you to apply for this exciting opportunity. Applications must be submitted by 15th September 2025.
