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  • Posted: Apr 23, 2018
    Deadline: Not specified
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    Rose Avenue Consulting Group is a financial management, strategy and consulting firm that combines deep industry knowledge with specialized expertise in corporate finance, strategy and research. Together with our clients and partnering companies we address our client’s most critical issues and challenges. RACG aims to provide a globally consistent s...
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    Finance Manager

    Overall Purpose Of The Job

    The Finance Manager is responsible for managing and providing leadership to the finance department, ensuring that all financial systems and reporting, internal controls, budgeting, analysis and customer service (underwriting) are conducted and delivered in an accurate and timely manner.

    Job Responsibilities

    • Participate in the development of the corporate strategy and implement operational policies and corporate plans.
    • Develop annual budget and plans including forecasts and/or projections
    • Evaluate, utilize, and improve accounting system to enhance functionality of financial management and reporting
    • Review and implement accounting policies and procedures to ensure stronger internal controls;
    • Provide accurate and timely financial and management reports where appropriate;
    • Monitor and control the flow of cash receipts and disbursements to meet the business and investment needs of the company.
    • Oversee investments and income
    • Prepare audit schedule and liaise with external auditors for periodic audit and inspections;
    • Manage the acquisition of capital assets and ensure that assets are properly tagged, amortized, and disposed of as appropriate
    • Establish rapport and communication with banks fund managers and other key stakeholders;
    • Timely preparation and submission of returns to regulatory and statutory authorities
    • Prepare and submit returns to Insurance Regulatory Authority (IRA) and Association of Kenya Insurers (AKI);
    • Document and maintain complete and accurate supporting information for all financial transactions;
    • Implement and continuously update departmental workflows for Finance and Underwriting in order to strengthen internal controls
    • Provide guidance and direction to staff in accordance with the company policies, procedures, processes and systems in place.
    • Review and submit financial records, receipts, payables and cash flows in a timely manner;
    • Any other responsibilities that will be communicated from time to time

    Qualifications

    • University degree Finance, Economics or Accounting or equivalent from an institution recognized by Commission for Higher Education
    •  Master’s degree preferably MBA will be an added advantage
    • CPA (K) or equivalent;
    • Member of ICPA(K)
    • MUST have at least seven (7) years’ experience in a busy commercial environment, three (3) of which must be at senior management level.
    • Finance & Strategic Planning experience preferably in an insurance company
    • Excellent knowledge and understanding of contemporary financial principles and practices and reporting
    • Experience in Financial Management Systems
    • Business/Department strategy formulation and execution
    • Supervisory and leadership skills managing team/department performance and staff

    Skills and Attributes

    • High attention to detail and excellent analytical skills
    • High integrity and ethical level; Able to maintain utmost confidentiality of information in their possession
    • Excellent communication, interpersonal, negotiation and presentation skills
    • Self-motivated, confident and outgoing personality
    • Have great attention to detail and able to get things done to completion

    Remuneration

    Our client offers all the advantages one would expect from an industry leader including a competitive salary and a comprehensive benefits package.

    Our client is an equal opportunities employer.

    Method of Application

    Kindly send your CV and cover letter detailing your experience, qualification and motivation for the job to lwangeci@racg.co.ke copy to recruitment@racg.co.ke, clearly indicating the job title as the subject and address it to the Recruitment Manager as soon as you read this advert.

    While we thank all applicants, only shortlisted candidates will be contacted.

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