Background

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 prote...

Job Summary

The role holder will be responsible for ensuring harmonisation 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 Finance heads in the operating entities.

Key Responsibilities

Accounting & Reporting

• 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.
• Take lead in the implementation of new accounting policies and reporting standards.
• 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.
• Use of Workiva as the primary tool for preparing 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.

Administrative

• Provide overall leadership and oversight of the administrative function across the operating entities.
• Ensure the effective planning, monitoring, and utilization of approved administrative budgets.
• Manage the end-to-end records management and archiving process, ensuring proper storage, retrieval, retention, and disposal of documents in compliance with company policies.
• Collaborate with the finance teams within the operating entities to ensure effective administration, maintenance, and operational support of branch facilities and resources
• Implement, and monitor compliance administrative policies, procedures, and controls to enhance operational efficiency and governance
• Ensure the availability and optimal utilization of office assets, equipment, and facilities across all operating entities

Qualifications

• Bachelor’s degree in business, finance or accounting (or relevant field)
• Professional qualifications (CPA or ACCA)

Experience

• 15 years’ experience in finance, five of which should be in senior management
• 5 years’ experience in Executive Management
• 5 years Reporting experience.
• Experience in the insurance industry will be an added advantage

Competencies

• Strategic and Commercial Acumen
• Insurance and Financial Expertise
• Business Analytics and Decision-Making
• Leadership and People Management
• Innovation and Digital Agility
• Communication, Influence and Stakeholder Management
• Planning, Execution and Results Orientation
• Adaptability and Change Leadership
• Integrity and Professionalism
• Technology and Digital Proficiency

• 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.
• Take lead in the implementation of new accounting policies and reporting standards.
• 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.
• Use of Workiva as the primary tool for preparing 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.
• Provide overall leadership and oversight of the administrative function across the operating entities.
• Ensure the effective planning, monitoring, and utilization of approved administrative budgets.
• Manage the end-to-end records management and archiving process, ensuring proper storage, retrieval, retention, and disposal of documents in compliance with company policies.
• Collaborate with the finance teams within the operating entities to ensure effective administration, maintenance, and operational support of branch facilities and resources
• Implement, and monitor compliance administrative policies, procedures, and controls to enhance operational efficiency and governance
• Ensure the availability and optimal utilization of office assets, equipment, and facilities across all operating entities

• Strategic and Commercial Acumen
• Insurance and Financial Expertise
• Business Analytics and Decision-Making
• Leadership and People Management
• Innovation and Digital Agility
• Communication, Influence and Stakeholder Management
• Planning, Execution and Results Orientation
• Adaptability and Change Leadership
• Integrity and Professionalism
• Technology and Digital Proficiency

• Bachelor’s degree in business, finance or accounting (or relevant field)
• Professional qualifications (CPA or ACCA)