Reporting to the Group Head of Bancassurance, the role holder will be responsible for the overall financial strategy and reporting for the Insurance Agency and ensuring all activities are in compliance with the Group’s financial policies and procedures and regulatory requirements.
Take charge of the finance function and ensure the development of the financial management strategy and sound financial management systems for the Insurance Agency
Preparation of management accounts, financial statements and financial reporting
Preparation and management of Budgets and financial forecasts
Ensure efficient debt collection and prudent cash management
Effective financial analysis and provision of relevant reports for business use
Ensuring accounting principles and controls are applied to all financial transactions
Coordinating internal and external audits, as well as ensuring timely implementation of audit recommendations
Supervise and develop staff in finance department to achieve departmental objectives
Manage Cost, cash flow and ensure timely supplier payments within company policy
Ensure timely submission of required returns to regulatory bodies
Ensuring efficient tax planning and tax compliance
Fully qualified Accountant (CPA, ACCA or equivalent)
University degree in Business with specialization in Finance, Accounting or Business Management
At least 7 years’ experience in financial management and reporting three (3) of which must be at management level in the insurance industry preferably within an insurance intermediary
Be a Member of a professional body (ICPAK)/ ACCA
Experience in Bancassurance will be an added advantage.
Strong leadership and interpersonal skills
Good planning and organization skills
Proven working experience with Microsoft Office software, accounting packages and ERP systems
Good knowledge of IFRS
Excellent Communication and report writing skills
Logical and analytical skills.
Should be of high integrity and honesty