Senior Accountant-Treasury and Investments at African Trade Insurance Agency

Key Duties and Responsibilities:

• In charge of developing the ATI investment, capital management and asset liability management strategy
• Development  of ATI’s investment policy, funding strategy, and liquidity management strategy
• Develop, monitor and manage ATI’s bank relationships
• Identification of fund managers for approval by the CFO and the Management Investment Committee
• Manage the performance of fund managers including setting appropriate performance benchmarks and ensuring that these benchmarks are achieved
• Give professional advice on strategic and tactical asset allocation
• Manage long term and short term cash flow and working capital /liquidity management.
• Manage balance sheet and day to day liquidity to support the business needs.
• Balance Sheet Optimisation
• Responsible for assets and liability matching, currency risk management and risk mitigation strategies such as hedging
• Forecast medium and long-term funding requirements
• Design and implementation of strategies to mitigate risks such as financial risk, market risk, credit risk, liquidity risks and capital management risks
• Manage and monitor treasury and investments
• Analyse and optimize investments’ return
• Oversee the work of the Treasury and investments department  and ensure that all transactions are properly booked in an accurate and timely manner
• Review all investment accounts and ensure balance sheet reconciliations are done on a monthly basis and all reconciling items are resolved in a timely manner and that all balances are agreed with all counterparties.
• Ensure valuations of all investments is conducted in accordance with IFRS.
• Explore and propose new investment opportunities and different classes of investment to the MIC
• Produce monthly report and dashboards on investments including the macro and microeconomic outlooks guiding the short term and long-term investment strategy
• Coordinate with bank and asset managers
• Manage capital (share valuation, dividends, share buy-back, etc.)
• Work closely with the Membership Department/Unit
• Work on due diligence processes for financial institutions and other investment proposals
• Prepare management and board investment reports
• Implement effective people management initiatives including:

Role Specifications:

• A Master’s degree in Business Administration (MBA), Finance or Accounting Option
• Bachelor of Commerce degree in Accounting or Finance
• Professional investment  qualifications e.g. CFA
• Membership of a professional body such as CA, ICPAK, CIMA, ACCA or similar bodies
• A minimum of  twelve (12) years relevant  Investment and Treasury experience
• Knowledge in strategy development
• Knowledge in policy development
• Knowledge of and experience working in a Treasury function
• In-depth understanding of the global fixed income market and investments
• Knowledge and experience in foreign currency hedging strategies, cash flow forecasting and debt sourcing skills
• Good understanding of Solvency II and RBC
• Microsoft excel modelling capabilities
• Risk management skills
• Strong analytical skills with a high level of accuracy and attention to details
• Strong planning and organizing skills
• Proactive and autonomous.
• Proficiency in standard office computer applications.
• Demonstrate ATI’s core values – unity of purpose, customer first approach, integrity, getting it first the right time and creativity;
• Ability to work in a multi-cultural environment;
• Excellent communication (oral, written and presentation) and interpersonal skills; and
• Fluency in written and spoken English. French will be an advantage.