CIC Insurance Senior Finance Manager-General Business Jobs in Kenya

CIC Insurance Senior Finance Manager-General Business Jobs in Kenya


Purpose:

  • Responsible for the overall financial reporting, cost control, budgeting, regulatory and statutory compliance, cash flow management, safeguarding the assets with an aim of attaining profitability for the subsidiary.

    Primary Responsibilities:

  • Review for adequacy operational and financial controls in the business (systems, processes and people) and recommend changes to the management;

  • Review and file returns to the regulator and other statutory bodies on monthly, quarterly and yearly;

  • Review the completeness of the asset register and confirm that it is in line with the company accounts;

  • Confirm investment in company assets are within company investment policy statement and guided by the Insurance Act and advice the fund management monthly;

  • Review management and financial reports for completeness and preparation of board papers on a monthly and quarterly basis respectively;

  • Prepare and compile company budgets annually and analyse financial reports and report variance against budget on a monthly basis;

  • Approve payments and check that all accounting transactions are posted to the correct cost centres;

  • Coordinate external and internal audits;

  • Manage cash flows, control costs and action on audit recommendations;

  • Liaise with external stakeholders e.g. banks, IRA, KRA towards enhancement of company operations.

    Generic Duties

  • Carry out performance appraisal, coaching and
    mentoring staff;

  • Resource allocation, staffing and leave approval;

  • Participate in planning and budgeting for the department;

  • Participate in various meeting and committees and acting as spokesperson on behalf of the company.

    Person Specifications

    Academic Qualifications

  • Bachelor’s degree in Finance, Accounting, Business or in a related field.

  • A Master’s degree an added advantage.

    Professional Qualifications

  • CPA (K) or ACCA/CFA is a requirement.

    Experience

  • Minimum of eight (8) years’ relevant experience in a similar position, three (3) of which at supervisory level.

    Skills and Attributes

  • Excellent communication and presentation skills.

  • Problem solving skills.

  • Excellent interpersonal skills.

  • Leadership skills.

  • Good analytical skills.

  • Computer literate in MS Office and other office applications.

  • Knowledge of Business Environment.

    How to Apply

  • For more information and job application details, see; CIC Insurance Senior Finance Manager-General Business Jobs in Kenya


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