The Capital Markets Authority (CMA) is a statutory agency charged with the responsibility of regulating and developing an efficient capital market in Kenya. To take our increasingly vibrant market to the next level, the Authority now invites applications from qualified, competent and experienced candidates for various roles. For all the positions, we are looking for candidates who are proactive high performers; goal oriented, possess strong analytical and problem solving skills, able to meet deadlines, have a strong attention to detail as well as having a view of the big picture and are dynamic.
Reporting to the Corporate Approvals Manager, the Assistant Manager Financial Analysis is responsible for planning, developing, coordinating, implementing and evaluating financial projects involving analysis and interpretation of financial statements of listed companies and market intermediaries aimed at securing compliance with capital markets rules and regulations in order to safeguard and protect investor interests.
Main Duties and Responsibilities
Coordinate and implement regular and ad-hoc analysis of periodical financial statements of market intermediaries and listed companies to secure continued compliance with capital markets rules and regulations;
Review applications for registration and licensing of market intermediaries and also conduct inspections and
provide recommendations for the registration and licensing of companies to operate in the country’s securities market;
Review prospectuses for potential or actual material accounting or financial reporting deficiencies to ensure that investors are provided with balanced information on which to base investment decisions;
Coordinate the analysis of financial statements submitted in support of applications by issuers;
Coordinate the analysis of investment programs, such as price, yield, stability and investment risks;
Coordinate evaluation and comparative analysis of various securities in a given industry;
Develop and implement guidelines regarding the standards and quality of financial reporting;
Monitor fundamental economic, industrial, and corporate developments;
Coordinate the examination of annual corporate and consolidated financial statements of potential issuers prior to the listing of securities at the Securities Exchange (NSE);
Coordinate the review of financial documents relating to Take Overs, Mergers and Acquisitions to determine costs and benefits of proposed merger or takeovers;
Implement an effective monitoring and evaluation system to facilitate in-depth analysis of instances of non-compliance;
Review incidents of non-compliance and fraudulent market operations.
Coordinate continuous financial reporting by listed companies and intermediaries as well as timely review of those financial returns.
Required Qualifications, Competencies & Experience
A degree in Mathematics, Economics, Accounting, Finance, Actuarial Science or in a related field;
A professional qualification such as CFA, CPA, CISA or equivalent;
Masters degree in business or related field is added advantage;
Membership in a relevant professional body;
A minimum of four (4) years relevant work experience gained from money and capital markets or relevant financial organizations with a strong focus on analysis, compliance and market regulation;
Excellent analytical and problem solving skills, strong IT skills, high integrity and report writing skills.
If your background, experience and competence match the specifications outlined, please send your application, quoting the reference of the position you are interested in, including your current curriculum vitae, copies of your certificates and other testimonials, salary history, three referees (one of who must be either your current or previous employer), day telephone number, e-mail address and details of your current salary and benefits to:
Chief Executive
Capital Markets Authority
Embankment Plaza, 3rd Floor, Longonot Rd, Upperhill, Nairobi
P. O Box 74800 – 00200
NAIROBI
The closing date is May 22, 2012
Only shortlisted candidates will be contacted for interviews.
ASSISTANT MANAGER FINANCIAL ANALYSIS – HCA/aMfa/02
Reporting to the Corporate Approvals Manager, the Assistant Manager Financial Analysis is responsible for planning, developing, coordinating, implementing and evaluating financial projects involving analysis and interpretation of financial statements of listed companies and market intermediaries aimed at securing compliance with capital markets rules and regulations in order to safeguard and protect investor interests.
Main Duties and Responsibilities
Coordinate and implement regular and ad-hoc analysis of periodical financial statements of market intermediaries and listed companies to secure continued compliance with capital markets rules and regulations;
Review applications for registration and licensing of market intermediaries and also conduct inspections and
provide recommendations for the registration and licensing of companies to operate in the country’s securities market;
Review prospectuses for potential or actual material accounting or financial reporting deficiencies to ensure that investors are provided with balanced information on which to base investment decisions;
Coordinate the analysis of financial statements submitted in support of applications by issuers;
Coordinate the analysis of investment programs, such as price, yield, stability and investment risks;
Coordinate evaluation and comparative analysis of various securities in a given industry;
Develop and implement guidelines regarding the standards and quality of financial reporting;
Monitor fundamental economic, industrial, and corporate developments;
Coordinate the examination of annual corporate and consolidated financial statements of potential issuers prior to the listing of securities at the Securities Exchange (NSE);
Coordinate the review of financial documents relating to Take Overs, Mergers and Acquisitions to determine costs and benefits of proposed merger or takeovers;
Implement an effective monitoring and evaluation system to facilitate in-depth analysis of instances of non-compliance;
Review incidents of non-compliance and fraudulent market operations.
Coordinate continuous financial reporting by listed companies and intermediaries as well as timely review of those financial returns.
Required Qualifications, Competencies & Experience
A degree in Mathematics, Economics, Accounting, Finance, Actuarial Science or in a related field;
A professional qualification such as CFA, CPA, CISA or equivalent;
Masters degree in business or related field is added advantage;
Membership in a relevant professional body;
A minimum of four (4) years relevant work experience gained from money and capital markets or relevant financial organizations with a strong focus on analysis, compliance and market regulation;
Excellent analytical and problem solving skills, strong IT skills, high integrity and report writing skills.
If your background, experience and competence match the specifications outlined, please send your application, quoting the reference of the position you are interested in, including your current curriculum vitae, copies of your certificates and other testimonials, salary history, three referees (one of who must be either your current or previous employer), day telephone number, e-mail address and details of your current salary and benefits to:
Chief Executive
Capital Markets Authority
Embankment Plaza, 3rd Floor, Longonot Rd, Upperhill, Nairobi
P. O Box 74800 – 00200
NAIROBI
The closing date is May 22, 2012
Only shortlisted candidates will be contacted for interviews.