Deputy Manager (Treasury, Investments & Credit Control) Job in Kenya

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Deputy Manager (Treasury, Investments & Credit Control) Job in Kenya

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.