Job Title: Deputy Manager- Treasury, Investments & Credit Control
Tenure: Full Time
Reporting to: General Manager-
Treasury, Investments & Credit Control
Department: Finance
Location: Nairobi
Profile
Introduction: Our client in the Insurance Industry seeks to bring on board a
Deputy Manager shall be responsible for supporting the efficient management of
the company’s investment portfolio.
The ideal candidate is a robust in risk management practices strategy of pursuing balanced growth, increasing market share and maximizing shareholder wealth.
Key Areas of
Responsibility:
· Efficiently and actively
(day-to-day) managing the company’s entire investments portfolio made up of
Government Bonds, Corporate Bonds, Quoted Equities, Non-Quoted Equities, Bank
Deposits, Cash at Bank and Properties and daily reporting on the Company’s
daily performance to the GM.
· Actively (day-to-day)
participate in bonds and equites trading at the NSE and daily reporting on the
Company’s daily performance to the GM
· Actively (day-to-day)
managing the company’s Treasury Function and manage liquidity and daily
reporting on the Company’s daily performance to the GM.
· Develop and update
investment/treasury/credit policies on regular basis
· Reporting on the
Company’s investment performance to the Management, Board Investment Committee,
and the Board.
· Generate investment
income revenues to meet the set targets.
· Maintain of counterparty
relationships, accounts, credit/trading limits and correspondence.
· Maintain of external
relationships with regulators and market bodies.
· Mobilize funds from
premiums collections and other investments to fund the balance sheet.
· Manage pricing of the
company liabilities.
Key Functions:
· Reconcile debtors
sub-ledger to General ledger
· Maintain weekly
collections as per approved forecasts and maintain an updated collection
report.
· Identify changes in
payment patterns and propose action to avert indebtedness
· Provide information for
recommending bad debts provision in line with credit policy
· Ensure all Client
reconciliation issues are raised with respective departments and sorted out.
· Collect all outstanding
debt from customers within the credit control policy and as per set targets.
· Ensure correct weekly
debtors reports circulation for debtors and cash inflow forecasts
· Ensure monthly debtors’
statements generation and emailing
· Monitor the actual and
projected exposure against credit limit
· Analyze and reconcile
all client statements and circulate monthly to all stakeholders to facilitate
collection.
· Ensure credit policy
relevancy, compliancy, and adherence (Held, Suspended Accounts)
· Creation of new customer
accounts as per policy
· Ensure credit accounts
are created only after getting fully approved credit application forms
· Co-ordinate monthly
credit control meetings.
Minimum Requirements:
· Bachelor’s degree in
Finance, Accounting, Business, Statistics, Mathematics, Economics, or related
fields from a recognized institution.
· Certified Public
Accountant (CPA- K) or Certified Financial Analyst or its equivalent whether
fully/part qualified
· Eight (8) years’
experience in Treasury & Investments function out of which 5 years should
be at Head or senior management level in a financial institution.
· Five (5) years’
experience in active bonds and equites trading at the NSE
· Excellent interpersonal,
communication and negotiation skills
· Excellent writing and
presentation skills.
· Critical thinking and
problem-solving skills
· Excellent
decision-making and leadership capabilities
· Customer and Stake
holder management skills
· Ability to work under
pressure and within strict deadlines
· Entrepreneurial/Commercial
mind-set
How to Apply:
If qualified and up to the challenge, share your CV to
vacancie@stratostaff.co.ke with the subject Deputy Manager- Treasury,
Investments & Credit Control by 16th November 2022, attach your CV.
Only shortlisted candidates will be contacted.
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