Monday, September 16, 2013

Insurance Finance Manager

Job Summary: 

Responsible for overseeing financial management within the organization. 


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