Finance Manager Job Vacancy in an Insurance Company in Kenya 2013
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.
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