Key Responsibilities and Duties
- Participation in preparation of the
annual budgets, monthly, quarterly and annual forecasts.
- In charge of enforcement of internal
financial controls and financial procedures manual.
- Ensure payment of claims are as per the
agreed SLAS, payroll creditors and suppliers are paid within the set
timelines.
- Responding to Internal and External audit
queries and ensuring that their recommendations are addressed and acted
upon.
- Ensure monthly reconciliation of I-tax
ledger
- Processing of staff payroll on a monthly
basis.
- Ensure accuracy of General Ledger and
bank balances through reconciliations and ensuring month end close
procedure.
- Ensure the organization is compliant with
all the relevant statutory bodies The Kenya Revenue Authority, Insurance
Regulatory Authority through timely filing and payment of levies and
Taxes.
- Ensure staff have clear and measurable
KPIs and Entrenching performance-based appraisal of departmental staff in
line with their set KPI’s and departmental targets.
- Review expenditure requests against
budget.
- Maintaining monthly schedules of all
taxes paid.
- Reconciliation and analysis of
Reinsurance accounts.
- Preparation of Monthly expense variance
reports.
- Monthly performance reports for all the
business units.
- Authorization of payments (Claims,
Expenses) before processing and signing of cheques as per the mandates.
- Perform any other duties assigned from
time to time.
Academic Background, Relevant Qualifications and
Competencies
- Bachelor of Commerce or related field.
- CPA (K) qualifications.
- Member of the Institute of certified
Public Accountants of Kenya of good standing.
- At least 10 years relevant work
experience.
- Technical accounting knowledge.
- Experience in the Insurance Industry is
an added advantage.
- Knowledge regulatory framework and
requirements.
- Technical report writing skills.
- Knowledge & experience in budget
forecasting and projections.
- Working experience with SAP ERP &
Oracle based systems.
- Strong leadership and management skills.
- Excellent communication, negotiation and
interpersonal skills.
How To Apply
Applications
should be addressed to the Group Human Resources Manager, Madison Group
Limited, Email: hr_recruitment@madison.co.ke so
as to be received by Friday
16th August, 2024.
