Old Mutual Finance Manager (Operations) Job in Kenya

Old Mutual plc is a leading multinational long-term savings, protection and investment group which has been operating for over 169 years. 

It has operations in Africa, Europe, the Americas and Asia, supported by over 56,000 employees serving over 16 million customers. Old Mutual is listed on the London and Johannesburg Stock Exchange.
 

Old Mutual Kenya comprises of Old Mutual Life Assurance, Old Mutual Investment Group, Old Mutual Investment Services, Old Mutual Securities and Faulu Microfinance Bank.
 

The company has opportunity for qualified, experienced and talented individuals to fill the following position:
 

Finance Manager – Operations
 

Reporting to the Group Finance Manager, this position leads the finance operations team charged with the responsibility of payables, receivables, treasury management and financial controls to ensure integrity, accuracy and completeness of financial information generated from the financial systems for the purposes of management decision making.

The key objectives for this position are: -

• Responsible for maintaining continuous, complete and accurate accounting records for trail and audit purposes.
• Robust and prudent treasury management through cash flow management, establishing business need requirements and liaison with fund managers for investing of surplus funds for shareholder and client returns
• Responsible for all payments from the business i.e. Client and shareholder related payables whilst ensuring that this follows laid down procedures to mitigate against delays, incorrect/wrongful pay-outs and fraudulent payment
• Custodian of finance operations policies and procedures and promoting adherence to company values within the team.
• Management of business debtors, staff recoveries and other receivables within credit period as stipulated in the credit policy.
• Responsible for team output and data integrity of the General Ledger and trial balance.
• Continuous engagement with all internal and external stakeholders such as staff, bank, custodian, trustees to ensure that proper financial records are maintained and opportunities to enhance business relationships are harnessed.
• Support business units by delivering on Finance Operations service level agreements.
• Maintain zero unsatisfactory audits status by putting in place sufficient mitigation action-plans to minimize finance operation risks and clearance of all audit management letter items.
• Accurate and timely posting and reconciliations of General Ledger /Thought Express control accounts, bank reconciliations, receivables and payables controls by ensuring timeliness, accuracy and efficiency of financial information.
• Talent growth, staff motivation, creation of appropriate culture, staff development, succession planning and mobility of staff within finance operations
• Any other duties that may be allocated by management from time to time.

Qualifications and Experience

• Bachelor’s degree in finance or related field. Master’s degree in Finance or related field desirable.
• Certified Public Accountant/ACCA qualifications
• Minimum 5 years’ managerial/supervisory experience in the financial services sector
• Knowledge of the current Insurance, Retirement Benefits Authority and Capital Markets Authority regulations
• Demonstrate good communication and leadership skills with high personal integrity
• Proven analytical skills
• Excellent IT skills and proficiency in all MS office applications and accounting software
• High levels of energy, drive, creativity and innovation
• Strong business acumen and good understanding of the market
• Self-starter who shows initiative and is able to work with minimal supervision.

How to Apply

Interested candidates who meet the above requirements are requested to apply for the role throughhttp://careers.oldmutual.co.ke/ by 20th November 2014.

ONLY short-listed candidates will be contacted.