Finance Manager Job in Kenya

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Finance Manager Job in Kenya

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 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

Click Here to Apply.