Vacant Position: Finance Manager (Insurance Industry)
Location: Nairobi
Location: Nairobi
Company profile:Our client a reputable leader in the General Insurance industry
with operations in East Africa – Kenya, Uganda, Tanzania and Rwanda - seeks
highly qualified and experienced individuals for the positions below for the
Nairobi Office
Job Scope
Overview of Job Purpose:
Incumbent
is responsible for Country wide: Business unit(s) Budgeting; Financial analysis
and forecasting; Preparation of Consolidated and P&L and allied executive
reporting.
The
holder shall undertake financial tracking of the Department and work closely
with other departments in the execution of the Company’s Corporate
strategy.
Responsibilities
Responsibilities
Key Responsibility Areas
- Approve or
reject, or coordinate the approval and rejection of, lines of credit and
commercial, real estate, and personal loans.
- Develop and
analyze information to assess the current and future financial status of
firms.
- Establish
procedures for custody and control of assets, records, loan collateral,
and securities, in order to ensure safekeeping.
- Evaluate data
pertaining to costs in order to plan budgets.
- Evaluate
financial reporting systems, accounting and collection procedures, and
investment activities, and make recommendations for changes to procedures,
operating systems, budgets, and other financial control functions.
- Oversee the flow
of cash and financial instruments.
- Plan, direct,
and coordinate risk and insurance programs of establishments to control
risks and losses.
- Plan, direct,
and coordinate the activities of workers in branches, offices, or
departments of such establishments as branch banks, brokerage firms, risk
and insurance departments, or credit departments.
- Prepare
financial and regulatory reports required by laws, regulations, and boards
of directors.
- Prepare
operational and risk reports for management analysis.
- Communicate with
stockholders and other investors to provide information, and to raise
capital.
- Analyze and
classify risks and investments to determine their potential impacts on
companies.
- Establish and
maintain relationships with individual and business customers, and provide
assistance with problems these customers may encounter.
- Time
coordination of Financial Administration
- Manage and
Control expenditure within Business Units to ensure that all
transactions are processed in accordance with law and related Company
regulations, policies, and procedures;
- Provide
month-end and year-end instructions, schedules, and deadlines to ensure
critical departmental deadlines are met;
- Coordinate the
preparation of all account reconciliations and detailed working papers to
internal and external audit standards;
- Manage and
coordinating expenditure control measures within the Business Units.
- Holder is
accountable for miscellaneous other responsibilities as line manager may
assign and or require
Minimum Educational (or other qualifications) required
- University
Degree in related filed
- Professional
Accounting qualification i.e. CPA-K/ ACCA/ACII
- At least Six
years experience in management within the insurance industry;
- She/he must be
familiar with Re-insurance accounting
- IT proficiency-
Computerized accounting system skills e.g., Orion, AIMS, Premium;
Skills
- Organization
& Planning Skills
- Communication
Skills
- Analytical/Research
Skills
- Time management
skills
- Problem Solving
- Team Building
Skills
- Interpersonal
Abilities
- Multicultural
Sensitivity
- Problem-Solving
How to apply
To
apply for this position send your CV to mycv@myjobseye.com quoting the
position in the subject line and preferred location.
Kindly
also mention your current/ last salary and benefits.
Only shortlisted
candidates will be contacted
