Purpose:
The main purpose of the job is to ensure timely
delivery of financial information to the management to aid in planning,
decision making and communication of financial information to Stakeholders. The
role will be responsible for the Reporting and Treasury functions of the
organization..
Primary responsibilities:
- Oversee the management and improvement of the company’s entire
financial accounting monitoring and reporting systems.
- Oversee the treasury function including cash flow management
to meet operational requirements.
- Reinsurance accounting: Monthly reconciliations and sign offs
with reinsurers and enhancing collections.
- Risk and compliance management; develop, review and enhance
financial operating policies, standard operating procedures, and other
bookkeeping controls (checklists and reconciliations).
- Responsible for technical implementation of accounting
standards.
- Liaise with the ICT team to give assurance on system integrity
and accuracy of the output from the system.
- Put in place processes that guarantee compliance with
regulatory requirements and filings including IRA, KRA, UFAA and any other
regulator as is required from time to time.
- Risk champion for the finance department and intermediate
between finance and risk and compliance department.
- Liaise with the various heads of department in the annual
budgeting process.
- Oversee the expenditure process to ensure the budget holders
take charge of their costs and that the company operates within the
approved budgets.
- Maintain good relations with company business partners
including suppliers, banks, auditors and regulators.
- Assist in the preparation of Board papers and provide relevant
advice to the Business on financial and compliance matters.
- Liaise with auditors, actuary and tax advisors to ensure
timely audit of final accounts. Identify, implement and benchmark best
practices in all the above-highlighted areas. Carry out any other duties
as may be required from time to time for efficiency and effectiveness.
Person Specifications
Academic Qualifications
- Bachelor’s degree in Business Administration, Finance and
Accounting or its equivalent from a recognized institution.
Professional Qualifications
- Bachelor’s degree in Business Administration/ Marketing/
Insurance or its equivalent from a recognized institution.
- CPA K/ACCA or its equivalent from a recognized institution.
- Member of ICPAK or a relevant professional body.
Experience
- Minimum of eight (8) years’ relevant experience.
- Insurance Industry experience a MUST.
Skills and Attributes
- Excellent communication and interpersonal skills;
- Ability to lead a team and promote process improvement; Strong
understanding of application of reinsurance; Strong analytical and
problem-solving skills; Financial planning and strategy:
- Industry awareness;
- Ownership and commitment; and
- Strong attention to detail and a passion for customer service
excellence.
- Strong preference will be given to candidates with the
requisite qualifications, skills and experience.
How To Apply
If your career aspirations match this exciting
opportunity, please submit your detailed curriculum through email
address: hrvacancies@sanlam.co.ke
