Finance Manager

Date Posted: Nov. 11, 2022, 10:02 a.m.

ICEA Lion Group

Job Description

Key Responsibilities:

  • Manage the Company’s technical financial & accounting matters.
  • Oversee the monitoring and implementation of key financial controls across the Finance value chain.
  • Support the CFO in capital management and strategy execution.
  • Constantly review and ensure compliance with the 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

How To Apply

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