Finance Manager, ICEA LION Life Assurance.
Job Summary
A leading Life Assurance
company in the region is looking to recruit a Finance Manager, reporting to CFO
the job holder will support in the management, administration and coordination
of finance department activities. These will include continuous development and
monitoring of internal assets, fostering operational efficiency contribution to
the implementation of company strategic initiatives and facilitation of
accurate and timely financial performance reporting to support management
decisions.
Key Responsibilities:
- Manage
the company’s technical financial & accounting matters.
- Oversee
the monitoring and implementation of key financial controls the
financialvalue
chain.
- Support
the CFO in capital management and strategy execution
- Constantly
review and ensure compliance with approved investment mix
- Regularly monitor and review investment performance
reports from various service providers such as fund and property managers.
- Monitor and report on Company budgetary discipline
for efficiency.
- Participate in development of financial performance
measures that support the Company’s strategic direction.
- Conduct meaningful proactive financial
analysis to inform and support key business decisions.
- Regularly review the accounting and financial
systems to enhance efficiency.
- Establish and monitor internal control processes
required to manage and grow the business.
- Proactively work with the internal audit team to
identify and implement financial control improvements
- Ensure key
account reconciliations are conducted regularly and outstanding items
promptly resolved.
- Ensure
timely and accurate preparation and review of periodic and ad hoc
management reports.
- Work with the
external auditors to ensure timely closure of statutory audits
- Active
monitoring of changes in tax legislation and ensure compliance including
timely remittance of all applicable taxes.
Job
Requirements:
• Bachelor of Commerce Accounting degree from
a recognized university.
• CPA K or ACCA professional qualification.
A CFA credential will be an added advantage
• Member of ICPAK or a recognized Accounting
body and in good standing.
• Accounting, Audit and or Actuarial
background and experience
• A minimum of ten 10 years of
post-qualification experience with at least three to five 3-5 years in a
management position within a Life insurance company or in the audit of a Life
insurance company.
Key
Competencies:
Strong communication and presentation skills
including proven ability and experience in developing proposals, concept papers
as well as writing business reports.
• Good working knowledge and understanding of
International Financial Reporting Standards – IFRSs relating to Long Term
Insurance contracts and reporting.
• Attention to detail, analytical and
critical thinking skills.
• Experience in implementation of new systems
and building strong internal control environments.
• Hands-on orientation with a focus on timely
execution of tasks to the highest quality without supervision.
• Understanding and working experience of
Kenyan tax regulations.
• Understanding of local financial industry
regulations.
• Great interpersonal skills with proven
ability to lead a team, influence others to accomplish collective goals and
relate well with both internal and external customers.
• Good technology skills and hands-on
experience with computerized accounting applications.
• Experience in change management and the
ability to positively lead change. • Working experience in financial modelling,
budgeting and planning
If you meet the
Requirements of this job, please submit your application and resume in the form
below or send it through to recruitment@icealion.com by Tuesday,
22nd November 2022. Please qoute ” Finance
Manager, ICEA LION Life Assurance” on
the email subject line. Only Shortlisted candidates will be contacted.
How to Apply
