Duties & Responsibilities
- Reporting to the Chief Financial Officer,
the role holder will be responsible for overseeing all financial
management and financial reporting by implementing policies, processes,
and internal controls to increase organizational financial effectiveness
and control.
- Achieve accurate financial reporting in
line with IFRS standards.
- Supervises the smooth running of the
finance department in relation to the following: accounting system,
General Ledger review and integrity, financial statements preparation,
financial analysis, ratings, and fixed asset management.
- Provide technical financial support to
the Chief Finance Officer (CFO)
- Implement robust accounting systems that
are embedded with appropriate controls that help safeguard the company’s
assets and ensure accurate and timely reporting.
- Liaises with external auditors on audit
activities of the company.
- Participate in preparation of annual
budgets and long-term business plans and ensure all departments and units
comply with the budgetary provisions.
- Establish and monitor the implementation
of an effective and robust financial management system that secures
company funds whilst maximizing profitability and facilitating effective
cash flow management, compliance with the insurance act and investment guidelines.
- Manage the company’s cash flows to meet
all liabilities as they may fall due.
- Manage the company’s credit policy and
effective follow up of debts.
- Implement investment strategies in
liaison with the Chief Finance Officer will be in line with the financial
strategy.
- Ensure compliance with statutory
provisions in respect to financial reporting, taxation, other statutory
payments, and insurance act.
- Assist in preparation of annual reports
and accounts for the Board and statutory purposes.
- Carry overall responsibility for the
preparation of quality financial accounts and maintenance of financial
records.
- Contribute to implementation of the
financial strategy.
Education and/or Work Experience Requirements:
- Degree in Commerce / Finance or related
qualification from a recognized University.
- CPA (K) qualification or equivalent is
mandatory.
- Membership to Professional a body (ICPAK)
- Proficient in the use of accounting
management information systems
- Relevant work experience: A minimum of
seven (7) years’ working experience with 5 years’ experience in treasury
and management accounts in an insurance industry.
- Familiar with working in high volume
transaction intensive environment
- Knowledge and ability to place a high
emphasis and maintain controls surrounding financial reporting pertaining
to Generally Accepted Accounting Procedures (GAAP) and the Standard
Operating Procedures.
- Maintains a take charge attitude, is
persistent and has a drive to accomplish objectives, influences others by
instilling excitement and a sense of urgency and proactiveness.
- Strong relationship management with the
ability to multitask and operate in a fast-paced changing environment.
- Creative, generates new approaches to
problems and demonstrates imagination.
- High integrity and work ethic
- Ability to analyze financial reports
- Proficient in the use of IFRS 17
How To Apply
Qualified
candidates are encouraged to send their applications on or before 3rd
May, 2024 by email through jobs@capexlifeassurance.co.ke
accompanied with a detailed curriculum vitae and a cover letter addressed to;
Chief Executive Officer Capex
life Assurance P.O Box 12043 – 00400 NAIROBI