Summary
Date Posted: Monday, November 07, 2022 , Base Salary: Not Disclosed

JOB DETAILS:
Finance Manager – Reporting

About the position
To manage all the financial resources of the company, formulate and implement sound financial policies that will ensure the company remains financially viable whilst meeting its strategic goals.

Responsibilities
• Overall management of the Finance function as well as interfacing with other functions of the organization.
• Coordinating preparation of cost and revenue budgets.
• Preparation of branch management accounts
• Ensuring proper use of the company’s financial resources by developing and implementing financial policies and procedures.
• Monitor the investment market and advise on viable investment options
• Monitor performance of the company investments and make timely recommendations on appropriate actions to be taken when adverse market changes are anticipated.
• Preparation of regular management reports
• Preparation of IFRS 17 Financial statements
• Preparation of returns to the Commissioner of Insurance and KRA
• Preparation of relevant Board papers
• Supervise and control banking transactions and cash management procedures.
• Monitoring the debtor’s position on a monthly basis and ensuring appropriate debt levels are maintained.
• Forecast short term and long term capital requirements and obligations in order to maintain adequate funds.
• Prudent management of the company cash flow and investment portfolio.
• Ensuring compliance with all internal controls and statutory requirements.
• Ensuring compliance with all internal controls and statutory requirements.
• Develop and manage proper asset management records and the disposal of company assets.
• Monitor and analyze the company’s liabilities and recommend alternative management where necessary.
• Supervise and control procurement function
• Supervise, appraise, train and develop staff in the department.

Qualifications
• Bachelor’s degree in Finance, Banking, Insurance
• CPA (K) or its equivalent
• MBA-Finance is an added advantage
Experience
• 8- 10 years’ experience.

Work Hours: 8

Experience in Months: 96

Level of Education: Bachelor Degree

Job application procedure

Interested and qualified? Go to GA Insurance on www.gainsuranceltd.com to apply

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