Vacant Position: Finance Manager (Insurance Industry)
Location: Nairobi
Location: Nairobi
Reports to: Chief Finance Officer
Job Scope
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