Finance Manager (Insurance Industry) Job in Nairobi Kenya

Vacant Position: Finance Manager (Insurance Industry)

Location: Nairobi
 

Company profile: Our client a reputable leader in the General Insurance industry with operations in East Africa – Kenya, Uganda, Tanzania and Rwanda – seeks highly qualified and experienced individuals for the positions below for the Nairobi Office
 
Reports to: Chief Finance Officer

Job Scope
 

Overview of Job Purpose:
 
Incumbent is responsible for Country wide: Business unit(s) Budgeting; Financial analysis and forecasting; Preparation of Consolidated and P&L and allied executive reporting. 
The holder shall undertake financial tracking of the Department and work closely with other departments in the execution of the Company’s Corporate strategy.

Responsibilities
 

Key Responsibility Areas
  • Approve or reject, or coordinate the approval and rejection of, lines of credit and commercial, real estate, and personal loans.
  • Develop and analyze information to assess the current and future financial status of firms.
  • Establish procedures for custody and control of assets, records, loan collateral, and securities, in order to ensure safekeeping.
  • Evaluate data pertaining to costs in order to plan budgets.
  • Evaluate financial reporting systems, accounting and collection procedures, and investment activities, and make recommendations for changes to procedures, operating systems, budgets, and other financial control functions.
  • Oversee the flow of cash and financial instruments.
  • Plan, direct, and coordinate risk and insurance programs of establishments to control risks and losses.
  • Plan, direct, and coordinate the activities of workers in branches, offices, or departments of such establishments as branch banks, brokerage firms, risk and insurance departments, or credit departments.
  • Prepare financial and regulatory reports required by laws, regulations, and boards of directors.
  • Prepare operational and risk reports for management analysis.
  • Communicate with stockholders and other investors to provide information, and to raise capital.
  • Analyze and classify risks and investments to determine their potential impacts on companies.
  • Establish and maintain relationships with individual and business customers, and provide assistance with problems these customers may encounter.
  • Time coordination of  Financial Administration
  • Manage and Control expenditure within Business Units  to ensure that all transactions are processed in accordance with law and related Company regulations, policies, and procedures;
  • Provide month-end and year-end instructions, schedules, and deadlines to ensure critical departmental deadlines are met;
  • Coordinate the preparation of all account reconciliations and detailed working papers to internal and external audit standards;
  • Manage and coordinating expenditure control measures within the Business Units.
  • Holder is accountable for miscellaneous other responsibilities as line manager may assign and or require
Minimum Educational (or other qualifications) required
  • University Degree  in related filed
  • Professional Accounting qualification  i.e. CPA-K/ ACCA/ACII
  • At least Six years experience in management within the insurance industry;
  • She/he must be familiar with Re-insurance accounting
  • IT proficiency- Computerized accounting system skills e.g., Orion, AIMS, Premium;
Skills
  • Organization & Planning Skills
  • Communication Skills
  • Analytical/Research Skills
  • Time management skills
  • Problem Solving
  • Team Building Skills
  • Interpersonal Abilities
  • Multicultural Sensitivity
  • Problem-Solving
How to apply
 
To apply for this position send your CV to mycv@myjobseye.com  quoting the position in the subject line and preferred location. 
Kindly also mention your current/ last salary and benefits. 
Only shortlisted candidates will be contacted


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