KUSCCO Mutual Assurance Deputy Finance Manager Jobs in Kenya
KUSCCO Mutual Assurance Deputy Finance Manager Jobs in Kenya; To assist the Head of Finance in establishing and maintaining an effective and efficient financial management system: -financial reporting, cost control, budgeting, regulatory and statutory compliance, cash flow management, safeguarding the assets with an aim of attaining profitability.
Duties & Responsibilities Assist in developing and maintaining adequate operational and financial controls in the business: – systems, processes and people.
Assist in reviewing budgets and financial plans of the company and ensure strict adherence to the budgets and plans.
Conduct periodic review of policies and procedures to ensure their relevance to the business strategy and changing organizational needs.
Monitor financial risk exposures through monthly risk reporting and suggest ways to manage financial risk.
Manage cash inflows and outflows to ensure optimum levels of liquidity and investments.
Ensure timely and accurate recording of financial transactions and compliance with international accounting standards and other relevant regulations;
Ensure the company operates at a positive cash flow at all times.
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.
Approve payments and check that all accounting transactions are posted to the correct cost centers.
Manage cash flows, control costs and action on audit recommendations;
Liaise with external stakeholders e.g. banks, IRA, KRA towards enhancement of company operations and
Carry out any other duties assigned by your supervisor from time to time
Minimum Qualifications & Experience Required
A bachelor’s degree in Finance or any other business-related subjects.
Master’s Degree in Finance will be an added advantage.
Professional qualifications (CPA-K, ACCA).
Membership to a relevant professional body in good standing such as the Institute of Certified Public Accountants of Kenya (ICPAK).
Minimum of 10 years of relevant experience.
Must have experience in the insurance industry or financial services industry (A MUST).
Must have knowledge of IFRS-17.
Strong financial, accounting, and managerial skills.
Strong ability to implement and monitor internal controls.
How to Apply
For more information and job application details, see; KUSCCO Mutual Assurance Deputy Finance Manager Jobs in Kenya
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