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  • Posted: Nov 18, 2021
    Deadline: Nov 26, 2021
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  • CIC Insurance Group Limited, commonly referred to as CIC Group, is an insurance and investment group that operates mainly in Kenya, Uganda, South Sudan and Malawi
    Read more about this company

     

    Senior Finance Manager - General Business

    PURPOSE:

    Responsible for the overall financial reporting, cost control, budgeting, regulatory and statutory compliance, cash flow management, safeguarding the assets with an aim of attaining profitability for the subsidiary.

    PRIMARY RESPONSIBILITIES:

    • Review for adequacy operational and financial controls in the business (systems, processes and people) and recommend changes to the management;
    • Review and file returns to the regulator and other statutory bodies on monthly, quarterly and yearly;
    • Review the completeness of the asset register and confirm that it is in line with the company accounts;
    • Confirm investment in company assets are within company investment policy statement and guided by the Insurance Act and advice the fund management monthly;
    • Review management and financial reports for completeness and preparation of board papers on a monthly and quarterly basis respectively;
    • Prepare and compile company budgets annually and analyse financial reports and report variance against budget on a monthly basis;
    • Approve payments and check that all accounting transactions are posted to the correct cost centres;
    • Coordinate external and internal audits;
    • Manage cash flows, control costs and action on audit recommendations;
    • Liaise with external stakeholders e.g. banks, IRA, KRA towards enhancement of company operations.

    GENERIC DUTIES

    • Carry out performance appraisal, coaching and mentoring staff;
    • Resource allocation, staffing and leave approval;
    • Participate in planning and budgeting for the department;
    • Participate in various meeting and committees and acting as spokesperson on behalf of the company.

    PERSON SPECIFICATIONS

     Academic Qualifications

    • Bachelor’s degree in Finance, Accounting, Business or in a related field.
    • A Master’s degree an added advantage

    Professional Qualifications

    • CPA (K) or ACCA/CFA is a requirement

    Experience

    • Minimum of eight (8) years’ relevant experience in a similar position, three (3) of which at supervisory level

    Skills and Attributes

    • Excellent communication and presentation skills
    • Problem solving skills
    • Excellent interpersonal skills
    • Leadership skills
    • Good analytical skills
    • Computer literate in MS Office and other office applications
    • Knowledge of Business Environment

    Method of Application

    If you have the aforementioned professional and academic qualifications and you are ready to execute the above mandate, strictly apply through

    Interested and qualified? Go to CIC Insurance on cic.co.ke to apply

    Note: Never pay for any training, certificate, assessment, or testing to the recruiter.

  • Send your application

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