Finance Manager Job Vacancy for an Insurance Company in Kenya

Our client is a general Insurance Company that has been in operation in Kenya for over 50 years. 

Our client provides insurance solutions both to large corporates and the SME sector in a refreshing style and has remained consistently profitable.

Our client is currently undergoing rapid management changes and is preparing to be a very dominant player in this market. 
 

In order to grow locally and set up a platform for the region, our client seeks to hire a Finance Manager who will initially report to the Executive Director.
 

Job Summary: 

Responsible for overseeing financial management within the organization. 

Oversee the development of prudent financial system, risk management, internal control system in accordance with international standards.

Primary Responsibilities:

• Develop and implement prudent financial and investment plans in the Finance department to minimize financial risks in the organization
• Manage the complete finance function including statutory accounting, management reporting, tax returns & budgeting based on international standards
• Develop and maintain sound internal control procedures, and implement an efficient and timely financial reporting system
• Manage the preparation of monthly, quarterly and year-end financial reports including income, balance sheet, and cash flow statements
• Prepare reports to the Managing Director to cover all financial matters
• Liaise  with other departments to ensure organizational goals and objectives are met
• Align the operations of the finance department with the appropriate technology to increase operational efficiency
• Implement financial policies, decisions of the Board of Directors to ensure efficient administration of the organization’s financial resources, accountability of financial rules and regulation
• Update the Board of Directors regarding changes in legislations or regulations that may affect the business operations and ensure that all statutory legal financial obligations are met on time.
• Supervise, train and mentor staff from the department.

Academic / Professional Qualifications:

• Bachelor’s degree in either Accounting, Finance, Business Administration or related field. A master’s degree in a related field will be an added advantage
• Professional accounting qualification CPA (k), ACCA
• Good progress in ACII or equivalent from a recognized Insurance Institute

Work Experience: At least 5 years’ experience in a busy finance department in a senior position preferably in the insurance industry
 

Other Requirements:

• Member of the institute of Certified Public Accountants of Kenya (ICPAK) or any other accounting professional body
• Excellent Communication and interpersonal skills
• Possess leadership skill and ability to work with diverse teams
• High level of integrity and honesty
• Knowledge of operations of insurance industry and its interface with the Insurance Regulatory Authority.
• Sound Analytical and IT skills relevant in finance related packages.

Remuneration:
 

Our client offers all the advantages one would expect from an industry leader including a competitive salary and a comprehensive benefits package. Our client is an equal opportunities employer.
 

Application Process:
 

Kindly send your 2 page CV and cover letter detailing your experience, qualification and motivation for the job to recruitment@racg.co.ke and address it to The Recruitment Manager as soon as you read this advert.
 

Only shortlisted candidates will be contacted. 

For more details check www.racg.co.ke