Finance Manager at Jubilee Insurance

Job Ref. No. JLIL124

Role Purpose

The Role holder will be responsible for the financial reporting under IFRS17 for Jubilee Life Company.

Main Responsibilities

Financial & Regulatory reporting

• Implementation, budgeting, and project management.
• Ensure the integrity of the IFRS 17 TB
• Preparing papers for management & board on IFRS 17.
• Disclosure preparation under IFRS17 reporting requirements
• Develop controls and documentation around estimates and judgement in IFRS17 implementation for data & resultsconsistency, completeness, and accuracy.
• IFRS17 regulatory reports i.e., Quarterly returns to IRA and tax computations for KRA
• Support stakeholders on all financial inputs and outputs (Actuarial, appointed actuary and audit/assurance teams) on IFRS17 reporting within monthly, quarterly & end year reporting timelines
• Responsible for the development of the Audit Plan in conjunction with the External Auditors and CFO around IFRS17.
• Risk assessment, management, and reporting under IFRS17 reporting.
• Recommend strategies further to the review of IFRS 17 outputs to the management

System Set-up

• Work with the IT to ensure that all systems are set-up and test the output for correctness.
• Work with the Digital team to develop automated reports and business dashboards around IFRS 17

Leadership

• Embed international best practice within the staff compliment of the team.
• Managing and providing leadership to assigned team.
• Recommend strategies further to the review of IFRS 17 outputs to the management

Key Competencies

• Visionary Entrepreneurial Spirit
• Customer Focus
• Continuous Innovation
• Ownership & Commitment
• Team Spirit
• Excellent oral, written and online communication skills
• Presentation skills
• Organized, numerate, analytical.
• Business planning and tracking
• Time management
• Interpersonal skills

Qualifications

• Bachelor’s Degree in Finance, or a Business-Related Field.
• CPA-K/ACCA Qualification is mandatory.

Relevant Experience

• At least 7 years’ Experience in the insurance, Finance industry of which two (2) must be as a lead in financial reporting.
• Experience in the implementation of the standard will be an added advantage

Closing: 30th March 2023