Stratostaff Deputy Manager (Treasury, Investments & Credit Control) Jobs in Kenya

Stratostaff Deputy Manager (Treasury, Investments & Credit Control) Jobs in Kenya

Profile Introduction:

Our client in the Insurance Industry seeks to bring on board a Deputy Manager shall be responsible for supporting the efficient management of the company’s investment portfolio.

The ideal candidate is a robust in risk management practices strategy of pursuing balanced growth, increasing market share and maximizing shareholder wealth.

Key Areas of Responsibility:

Efficiently and actively (day-to-day) managing the company’s entire investments portfolio made up of Government Bonds, Corporate Bonds, Quoted Equities, Non-Quoted Equities, Bank Deposits, Cash at Bank and Properties and daily reporting on the Company’s daily performance to the GM.

Actively (day-to-day) participate in bonds and equites trading at the NSE and daily reporting on the Company’s daily performance to the GM

Actively (day-to-day) managing the company’s Treasury Function and manage liquidity and daily reporting on the Company’s daily performance to the GM.

Develop and update investment/treasury/credit policies on regular basis

Reporting on the Company’s investment performance to the Management, Board Investment Committee, and the Board.

Generate investment income revenues to meet the set targets.

Maintain of counterparty relationships, accounts, credit/trading limits and correspondence.

Maintain of external relationships with regulators and market bodies.

Mobilize funds from premiums collections and other investments to fund the balance sheet.

Manage pricing of the company liabilities.

Key Functions:

Reconcile debtors sub-ledger to General ledger

Maintain weekly collections as per approved forecasts and maintain an updated collection report.

Identify changes in payment patterns and propose action to avert indebtedness

Provide information for recommending bad debts provision in line with credit policy

Ensure all Client reconciliation issues are raised with respective departments and sorted out.

Collect all outstanding debt from customers within the credit control policy and as per set targets.

Ensure correct weekly

debtors reports circulation for debtors and cash inflow forecasts

Ensure monthly debtors’ statements generation and emailing

Monitor the actual and projected exposure against credit limit

Analyze and reconcile all client statements and circulate monthly to all stakeholders to facilitate collection.

Ensure credit policy relevancy, compliancy, and adherence (Held, Suspended Accounts)

Creation of new customer accounts as per policy

Ensure credit accounts are created only after getting fully approved credit application forms

Co-ordinate monthly credit control meetings.

Minimum Requirements:

Bachelor’s degree in Finance, Accounting, Business, Statistics, Mathematics, Economics, or related fields from a recognized institution.

Certified Public Accountant (CPA- K) or Certified Financial Analyst or its equivalent whether fully/part qualified

Eight (8) years’ experience in Treasury & Investments function out of which 5 years should be at Head or senior management level in a financial institution.

Five (5) years’ experience in active bonds and equites trading at the NSE

Excellent interpersonal, communication and negotiation skills

Excellent writing and presentation skills.

Critical thinking and problem-solving skills

Excellent decision-making and leadership capabilities

Customer and Stake holder management skills

Ability to work under pressure and within strict deadlines

Entrepreneurial/Commercial mind-set

How to Apply

If qualified and up to the challenge, share your CV to vacancie@stratostaff.co.ke with the subject Deputy Manager- Treasury, Investments & Credit Control by 16th November 2022, attach your CV.

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