Our client, The Monarch Insurance Company is an insurance company that consistently provides innovative, unique and affordable products and services that exceed customers’ expectations.
They
are seeking to recruit a highly talented and dynamic professional to fill in
the following position based at the Head Office, Nairobi.
Chief Financial Officer
Reporting
to the CEO and Principal Officer, the incumbent will be responsible for
overseeing the financial activities of the company, preparing financial reports
and summaries and creating financial forecasts predicting the company’s future
growth strategies.
Principal
Accountabilities
· Developing
efficient budget proposals in coordination with departmental Managers and
advising on necessary adjustments for future financial projections and budgets.
· Research
revenue opportunities and economic trends, analyzing internal operations and
identifying areas for cost reduction and process enhancement.
· Overseeing
the compliance of the company with relevant regulatory bodies.
· Performing
risk management analysis of company liabilities and investments, evaluating and
managing capital structure and financing options for the company.
· Formulating
and implementing financial strategies and policies and highlighting key areas
of improvement
· Preparing
and submitting accurate financial statements including income statements, board
reports and tax returns.
Key Qualifications and Experience
· Bachelor’s
degree in Business Administration, Accounting, Finance or any other related
field from a recognized university.
· Professionally
recognized qualifications preferably ACCA or CPA-K or equivalent Chartered
Accountant.
· A
Master’s degree in business administration, or any business-related field from
a recognized university will be an added advantage.
· Be an
active member of ICPAK body.
· At
least 15 years in the finance industry and seven (7) years relevant working
experience in a management role.
· Knowledge
of the insurance industry will be an added advantage.
· Proper
understanding of accounting and insurance regulatory issues and tax planning.
· Proven
leadership skills.
· Excellent
organizational and time management skills.
· Extensive
experience in operations management.
Interested
candidates are requested to forward their updated CVs and academic
qualifications to recruit@virtualhr.co.ke stating the subject heading CHIEF
FINANCIAL OFFICER by FRIDAY 7TH APRIL 2023 clearly indicating their current and
expected remuneration (MUST), daytime telephone contacts, and addresses of
three referees.
Only
shortlisted candidates will be contacted.