Finance Manager at ICEA Lion Group

Key Responsibilities:

• Manage the Company’s technical financial & accounting matters.
• Oversee the monitoring and implementation of key financial controls across the Finance value chain.
• Support the CFO in capital management and strategy execution.
• Constantly review and ensure compliance with the approved investment mix.
• Regularly monitor and review investment performance reports from various service providers such as fund and property managers.
• Monitor and report on Company budgetary discipline for efficiency.
• Participate in development of financial performance measures that support the Company’s strategic direction.
• Conduct meaningful proactive financial analysis to inform and support key business decisions.
• Regularly review the accounting and financial systems to enhance efficiency.
• Establish and monitor internal control processes required to manage and grow the business.
• Proactively work with the internal audit team to identify and implement financial control improvements.
• Ensure key account reconciliations are conducted regularly and outstanding items promptly resolved. • Ensure timely and accurate preparation and review of periodic and ad hoc management reports.
• Work with the external auditors to ensure timely closure of statutory audits
• Active monitoring of changes in tax legislation and ensure compliance including timely remittance of all applicable taxes.

Job Requirements:

• Bachelor of Commerce Accounting degree from a recognized university.
• CPA (K) or ACCA professional qualification. (A CFA credential will be an added advantage)
• Member of ICPAK or a recognized Accounting body and in good standing.
• Accounting, Audit and (or) Actuarial background and experience
• A minimum of ten (10) years of post-qualification experience with at least three to five (3-5) years in a management position within a Life insurance company or in the audit of a Life insurance company.

Key Competencies:

• Strong communication and presentation skills including proven ability and experience in developing proposals, concept papers as well as writing business reports.
• Good working knowledge and understanding of International Financial Reporting Standards – IFRSs relating to Long Term Insurance contracts and reporting.
• Attention to detail, analytical and critical thinking skills.
• Experience in implementation of new systems and building strong internal control environments.
• Hands-on orientation with a focus on timely execution of tasks to the highest quality without supervision.
• Understanding and working experience of Kenyan tax regulations.
• Understanding of local financial industry regulations.
• Great interpersonal skills with proven ability to lead a team, influence others to accomplish collective goals and relate well with both internal and external customers.
• Good technology skills and hands-on experience with computerized accounting applications.
• Experience in change management and the ability to positively lead change.
• Working experience in financial modelling, budgeting and planning