Manager, Tax & Fixed Assets at National Bank of Kenya in Nairobi, Kenya

    National Bank of Kenya logo

    Manager, Tax & Fixed Assets

    National Bank of KenyaNairobi, Kenya

    Posted

    6 days ago

    Apply by

    27 Aug

    Full Time
    On Site
    Managerial
    Banking, Insurance & Financial Services
    Accounting, Auditing & Finance

    Build your CV in minutes! Tailored for the Kenyan job market.

    Build My CV

    Job Description

    This position is responsible for overseeing tax administration and fixed assets accounting for the Bank and its subsidiaries, ensuring full compliance with Kenyan tax laws and regulatory requirements, minimizing tax exposure, providing tax advisory support to the business, and maintaining accurate fixed asset records and reporting.

    Key Responsibilities

    • Tax administration and statutory remittances through iTax.
    • Preparation and filing of all tax returns within deadlines.
    • Tax account reconciliations and resolution of outstanding items.
    • Tax advisory support to business units and ERP implementation teams.
    • Monthly, quarterly, half-year, and annual tax computations.
    • Ensure accurate tax application and compliance for revenue and payment transactions.
    • Reviewing banking products to ensure proper tax collection mechanisms.
    • Managing engagements with KRA, auditors, regulators, and internal stakeholders.
    • Maintain an accurate and up-to-date Fixed Assets Register.
    • Ensure timely capitalization, categorization, and accounting of acquired fixed assets.
    • Manage monthly depreciation processing in accordance with IFRS and Bank policies.
    • Monitor fixed asset movements and prepare regular fixed asset schedules and reports.
    • Ensure appropriate approvals, insurance cover, and safeguarding of fixed assets.
    • Implement controls to mitigate tax risks and prevent penalties arising from non-compliance.
    • Ensure customer-related taxes are accurately charged and recovered.
    • Conduct periodic reviews of transaction processing systems to ensure tax compliance.
    • Maintain valid tax compliance certificates and statutory documentation for the Bank.

    Required Qualifications

    • Bachelor's degree in Commerce, Finance, Banking or a Business-related field from a recognized university.
    • Professional qualification in Accounting / Finance e.g. CPAK & ACCA
    • Master's degree will be an added advantage.
    • Minimum of 5 years' experience in Finance accounting and reporting, 3 years of which should be at management level.
    • 3 years Banking sector tax experience
    • Strong analytical skills.
    • High attention to detail.
    • Excellent planning and deadline management.
    • Strong stakeholder management skills.
    • Effective communication and presentation skills.
    • Self-driven and proactive.
    • Collaborative team player.

    Job Details

    Job Function

    Accounting, Auditing & Finance

    Minimum Experience

    5 years

    Education Level

    Bachelor’s Degree

    Area of Study

    Business

    Field of Study

    Commerce

    Additional Information

    How to Apply: Send your CV and application letter showing how you meet the role requirement stated above to Recruitment@nationalbank.co.ke by Thursday 27th August 2026. Indicate the name of the job on the email subject.

    Master the Tax Compliance and Fixed Assets Balancing Act

    This role sits at the intersection of tax law, accounting standards, and banking operations. Hiring managers will probe your hands-on experience with iTax, KRA engagements, and IFRS-based asset accounting, not just your academic credentials.

    1. Showcase your iTax and KRA track record: Be ready to discuss specific tax filings you've managed, deadlines met, and how you resolved KRA queries. Quantify the value of tax savings or penalties avoided if possible.

    2. Demonstrate your fixed assets expertise: Walk through your experience with asset capitalization, depreciation calculations, and maintaining a fixed assets register. Mention any ERP systems you've used (e.g., SAP, Oracle) and how you ensured data accuracy.

    3. Highlight your management experience: Since the role requires 3 years at management level, prepare examples of how you've led a team, delegated tasks, and developed your staff. Show your ability to manage multiple priorities and deadlines.

    4. Prepare for technical questions: Expect questions on Kenyan tax laws, IFRS standards (especially IAS 16 for fixed assets), and banking regulations. Review recent changes in tax legislation and how they impact banks.

    5. Emphasize stakeholder management: This role involves working with KRA, auditors, regulators, and internal teams. Share examples of how you've built strong relationships and navigated complex stakeholder landscapes.

    6. Show your analytical and problem-solving skills: Be ready to discuss how you've identified and resolved tax discrepancies or asset valuation issues. Use the STAR method to structure your responses.

    7. Tailor your CV to the role: Use keywords from the job description like 'tax compliance', 'fixed assets', 'iTax', 'IFRS', and 'banking sector'. Highlight your achievements with numbers to make your application stand out.

    8. Prepare thoughtful questions: Ask about the Bank's current tax challenges, the team structure, and how the role contributes to the Bank's strategic goals. This shows your genuine interest and strategic thinking.

    CareerSasa Safety Alert: Never pay employers or agencies for interviews, training, or job placement. Does a job request payment? Report it immediately using the "Flag" button. While CareerSasa vets job postings thoroughly, always verify opportunities independently.
    Share this job:

    Boost Your Application Success

    1. 1

      Expert CV help that gets you noticed. Build Your CV

    2. 2

      A personalized cover letter for this role. Write Cover Letter

    3. 3

      Attract recruiters with a stronger profile. Boost LinkedIn

    Tags

    tax
    fixed assets
    iTax
    KRA
    IFRS