Financial Accountant Job in Kenya

 Job Title: Financial Accountant

Hiring Organization: Heritage Insurance
Location – Locality: Nairobi
Location – Region: Kenya
Industry: Insurance
Job Type: Full Time
Salary: KES Competitive
Date Posted: 11/20/2023

At Heritage where we provide short term insurance products, we pride ourselves on our history of claims payment. This was recently recognized when we won the award for Outstanding Insurance Underwriter in Claims Settlement as nominated by members of the Association of Insurance Brokers of Kenya. We are also rated AA- by Global Rating Company (GRC), for amongst other reasons, our high claims paying ability. This is one of the highest international ratings awarded to a Kenyan insurer.

Job Summary

The role holder will be responsible for ensuring harmonisation of group reporting and presentation of financial information that conforms to IFRS and aligns very closely with Liberty Holdings Limited standards and Standard Bank Group. The role holder will work closely with the Heads of Finance in the operating countries

Key Responsibilities

  • Review and ensure financial disclosures from various entities are credible for group consolidation.
  • In conjunction with Group IFRS, ensure uniformity of Liberty Kenya Group reporting and disclosures.
  • Key Group resource for consolidation through HFM
  • Support Opcos finance teams with resolving all HFM queries in liaison with LHL Group finance teams.
  • Review the GL mapping to HFM for consistency with LHL Group
  • Support Opco finance teams in migration from SAP ECC to S4HANA
  • Coordinate materials from all stakeholders required for group annual integrated report.
  • Liberty Kenya Holdings Group consolidation and preparation of ‘typeset’ LKH Plc group annual financial
  • statements for local statutory reporting.
  • Pack reporting to Group Finance within deadlines for Liberty Holdings consolidation reporting.
  • Ensure controls are adequate and effective.
  • Liaise with independent auditors and ensure interim and final reviews are properly coordinated.
  • Business strategic reviews including financial modelling, going concern assessments and assessments for capital adequacy.
  • Preparation of Financial results publication “Press releases” for both interim and Full year.
  • Generate financial metrics for use in the integrated report.
  • Ensure intercompany balances are kept always reconciled.
  • Board papers preparation.
  • Responsible for day-to-day LKH Plc financial operations.
  • Any other LKH functions that may be assigned.


  • 5 years’ experience in executive management
  • 5 years reporting experience.
  • Experience in the insurance industry will be an added advantage

Technical Competencies

  • Skilled in use of MS Office Suite (Excel, Word and PowerPoint)
  • Business analytics
  • Deep understanding of all lines of insurance
  • Financial statement preparation and general financial management knowledge
  • Technical report writing skills
  • High degree of understanding of IFRS and in particular IFRS 17

Behavioural competencies

  • Self-motivation
  • Pro activeness
  • Leadership skills
  • Getting stuck into the detail / get involved
  • High standards of integrity and professionalism
  • Innovation and creativity
  • Presentation skills
  • Problem solving skills
  • Excellent commercial and business experience
  • Exceptional communication skills at all levels
  • Strong IT skills, always ahead of new technologies
  • Ability to handle high levels of pressure and critical decision making

Core Competencies

  • Formulating strategies and concepts
  • Entrepreneurial and commercial thinking
  • Planning and organizing
  • Relating and networking
  • Working with people
  • Adapting and responding to change
  • Deciding and initiating action
  • Persuading and influencing
  • Presenting and communicating information
  • Leading and supervising
  • Creating and innovating
  • Adhering to principles and values
  • Achieving personal work goals and objectives

How To Apply

If you meet the above requirements, you are encouraged to forward your application and updated CV to by 28th November, 2023. Clearly state the job title on the subject heading. Heritage is an equal opportunity employer and actively encourages diversity.

Please note that only shortlisted candidates will be contacted.