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  • Posted: May 24, 2024
    Deadline: Jun 2, 2024
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    Liberty Life Assurance Kenya is a life insurance provider that has been providing relevant products to Kenyans for over 50 years. Our purpose at Liberty is to make a difference in people’s lives by making financial freedom possible. We change realities and make freedom possible by providing innovative and relevant solutions that help our customers p...
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    Financial Accountant

    Job Summary

    The role holder will be responsible for ensuring harmonization of group reporting and presentation of financial information that conforms to IFRS and aligns very closely with Liberty Holdings Limited standards and Standard Bank Group. The role holder will work closely with the Heads of Finance in the operating countries.

    Key Responsibilities

    • Review and ensure financial disclosures from various entities are credible for group consolidation.
    • In conjunction with Group IFRS, ensure uniformity of Liberty Kenya Group reporting and disclosures.
    • Key Group resource for consolidation through HFM
    • Support Opcos finance teams with resolving all HFM queries in liaison with LHL Group finance teams.
    • Review the GL mapping to HFM for consistency with LHL Group
    • Support Opco finance teams in migration from SAP ECC to S4HANA
    • Coordinate materials from all stakeholders required for group annual integrated report.
    • Liberty Kenya Holdings Group consolidation and preparation of 'typeset' LKH Plc group annual financial statements for local statutory reporting.
    • Pack reporting to Group Finance within deadlines for Liberty Holdings consolidation reporting.
    • Ensure controls are adequate and effective.
    • Liaise with independent auditors and ensure interim and final reviews are properly coordinated.
    • Business strategic reviews including financial modelling, going concern assessments and assessments for capital adequacy.
    • Preparation of Financial results publication “Press releases” for both interim and Full year.
    • Generate financial metrics for use in the integrated report.
    • Ensure intercompany balances are kept always reconciled.
    • Board papers preparation.
    • Responsible for day-to-day LKH Plc financial operations.
    • Any other LKH functions that may be assigned. 

    Qualifications

    • Bachelor’s degree in business, finance or accounting (or relevant field)
    • Professional qualifications (CPA or ACCA)
    • 5 years’ experience in Finance preferably in a similar role
    • 5 years reporting experience.
    • 3 Years experience in a Leadership Role
    • Experience in the insurance industry will be an added advantage

    Competencies

    • Skilled in use of MS Office Suite (Excel, Word and PowerPoint)
    • Business analytics
    • Financial statement preparation and general financial management knowledge
    • Technical report writing skills. 
    • High degree of understanding of IFRS and in particular IFRS 17
    • Excellent commercial and business experience
    • Exceptional communication skills at all levels
    • Presentation skills
    • Problem solving skills. 
    • Leadership skills 
    • High standards of integrity and professionalism
    • Strong IT skills
    • Deep understanding of all lines of insurance

    Method of Application

    If you meet the above requirements, you are encouraged to forward your application and updated CV to vacancies@heritage.co.ke by 2nd June,2024. Clearly state the job title on the subject heading. Heritage is an equal opportunity employer and actively encourages diversity. Please note that only shortlisted candidates will be contacted.

     

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