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Our client is a general Insurance Company that has been in operation in
Kenya for over 50 years. Our client provides insurance solutions both to
large corporates and the SME sector in a refreshing style and has remained
consistently profitable. Our client is currently undergoing rapid management changes and is preparing to
be a very dominant player in this market. In order to grow locally and set up a platform for
the region, our client seeks to hire a Finance Manager who will initially
report to the Executive Director.
Job Summary:
Oversee the development of prudent financial system, risk
management, internal control system in accordance with international standards.
Primary Responsibilities:
- Develop and implement prudent financial and investment plans in the Finance department to minimize financial risks in the organization
- Manage the complete finance function including statutory accounting, management reporting, tax returns & budgeting based on international standards
- Develop and maintain sound internal control procedures, and implement an efficient and timely financial reporting system
- Manage the preparation of monthly, quarterly and year-end financial reports including income, balance sheet, and cash flow statements
- Prepare reports to the Managing Director to cover all financial matters
- Liaise with other departments to ensure organizational goals and objectives are met
- Align the operations of the finance department with the appropriate technology to increase operational efficiency
- Implement financial policies, decisions of the Board of Directors to ensure efficient administration of the organization’s financial resources, accountability of financial rules and regulation
- Update the Board of Directors regarding changes in legislations or regulations that may affect the business operations and ensure that all statutory legal financial obligations are met on time.
- Supervise, train and mentor staff from the department.
Academic / Professional Qualifications:
- Bachelor’s degree in either Accounting, Finance, Business Administration or related field. A master’s degree in a related field will be an added advantage
- Professional accounting qualification CPA (k), ACCA
- Good progress in ACII or equivalent from a recognized Insurance Institute
- Work Experience: At least 5 years’ experience in a busy finance department in a senior position preferably in the insurance industry
Other Requirements:
- Member of the institute of Certified Public Accountants of Kenya (ICPAK) or any other accounting professional body
- Excellent Communication and interpersonal skills
- Possess leadership skill and ability to work with diverse teams
- High level of integrity and honesty
- Knowledge of operations of insurance industry and its interface with the Insurance Regulatory Authority.
- Sound Analytical and IT skills relevant in finance related packages.
Remuneration:
Our client offers all the advantages one would expect from an
industry leader including a competitive salary and a comprehensive benefits
package. Our client is an equal opportunities employer.
Application Process:
Kindly send your 2 page CV and cover letter detailing your experience,
qualification and motivation for the job to recruitment@racg.co.ke and address it to The Recruitment
Manager as soon as you read this advert. Only shortlisted candidates will be
contacted. For more details check www.racg.co.ke
