African Trade Insurance Agency Senior Accountants: Treasury & Investments Jobs in Kenya

African Trade Insurance Agency Senior Accountants: Treasury & Investments Jobs in Kenya

Job Description

Under the supervision of, and reporting to the Chief Financial Officer, the Senior Accountant-Treasury and Investments will be responsible for:

Developing the ATI Investment and Treasury Strategy

Funding Strategy and Asset Liability Management as well as managing and monitoring treasury and investments performance

Managing and monitoring the funding structure and ensuring capital adequacy and liquidity.

Key Duties and Responsibilities

In charge of developing the ATI investment, capital management and asset liability management strategy

Development of ATI’s investment policy, funding strategy, and liquidity management strategy

Develop, monitor and manage ATI’s bank relationships

Identification of fund managers for approval by the CFO and the Management Investment Committee

Manage the performance of fund managers including setting appropriate performance benchmarks and ensuring that these benchmarks are achieved

Give professional advice on strategic and tactical asset allocation

Manage long term and short term cash flow and working capital /liquidity management.

Manage balance sheet and day to day liquidity to support the business needs.

Balance Sheet Optimisation

Responsible for assets and liability matching, currency risk management and risk mitigation strategies such as hedging

Forecast medium and long-term funding requirements

Design and implementation of strategies to mitigate risks such as financial risk, market risk, credit risk, liquidity risks and capital management risks

Manage and monitor treasury and investments

Analyse and optimize investments’ return

Oversee the work of the Treasury and investments department and ensure that all transactions are properly booked in an accurate and timely manner

Review all investment accounts and ensure balance sheet reconciliations are done on a monthly basis and all reconciling items are resolved in a timely manner and that all balances are agreed with all counterparties.

Ensure valuations of all investments is conducted in accordance with IFRS.

Explore and propose new investment opportunities and different classes of investment to the MIC

Produce monthly report and dashboards on investments including the macro and microeconomic outlooks guiding the short term and long-term investment strategy

Coordinate with bank and asset managers

Manage capital (share valuation, dividends, share buy-back, etc.)

Work closely with the Membership Department/Unit

Work on due diligence processes for financial institutions and other investment proposals

Prepare management and board investment reports

Implement effective people management initiatives including:
a) Monitoring workflow, volume of work deliverables and the delivery of work of direct reports

b) Assisting team members in outlining their professional development goals and identifying any need for and monitoring “on the job training”; mentoring and coaching team members

c) Ensuring the efficient and fair assignment of work to direct reports

d) Providing ongoing informal and formal feedback to direct reports and ensuring direct reports who are primary supervisors provide similar feedback to those they supervise.

Role Specifications

A Master’s degree in Business Administration (MBA), Finance or Accounting Option

Bachelor of Commerce degree in Accounting or Finance

Professional investment qualifications e.g. CFA

Membership of a professional body such as CA, ICPAK, CIMA, ACCA or similar bodies

A minimum of twelve (12) years relevant Investment and Treasury experience

Knowledge in strategy development

Knowledge in policy development

Knowledge of and experience working in a Treasury function

In-depth understanding of the global fixed income market and investments

Knowledge and experience in foreign currency hedging strategies, cash flow forecasting and debt sourcing skills

Good understanding of Solvency II and RBC
Microsoft excel modelling capabilities

Risk management skills

Strong analytical skills with a high level of accuracy and attention to details

Strong planning and organizing skills

Proactive and autonomous.

Proficiency in standard office computer applications.

Demonstrate ATI’s core values – unity of purpose, customer first approach, integrity, getting it first the right time and creativity;

Ability to work in a multi-cultural environment;

Excellent communication (oral, written and presentation) and interpersonal skills; and

Fluency in written and spoken English. French will be an advantage.

Qualifications, Experience and other Attributes

The successful candidates must have suitable qualifications and attributes as indicated in the job description for each position.

All applications must be in English.

How to Apply

Candidates are required to submit an electronic copy of the following:

Application Letter;

CV, plus details of your current remuneration package if applicable along with details of three referees; and

Personal History Form

Submit your application to recruitment@ati-aca.org indicating the position applied for as the subject of your email.

The closing date is Friday, 30 September 2022 at Midnight Nairobi time.

ATI will only contact those applicants who are being actively considered for an interview.

Personal History Form Link: African Trade Insurance Agency Senior Accountants: Treasury & Investments Jobs in Kenya

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