Finance Manager
- Recruiter
- Brighter Monday
- Location
- Nairobi, Kenya
- Salary
- Competitive salary
- Posted
- 27 Mar 2023
- Closes
- 04 Apr 2023
- Ref
- 62kuR51Hn9eg
- Job role
- Finance manager
- Sector
- Accounting - Public practice
- Experience level
- Manager
Role Purpose
The Role holder will be responsible for the financial reporting under IFRS17 for Jubilee Life Company.
Main Responsibilities
Financial & Regulatory reporting
System Set-up
Leadership
Key Competencies
Qualifications
Relevant Experience
The Role holder will be responsible for the financial reporting under IFRS17 for Jubilee Life Company.
Main Responsibilities
Financial & Regulatory reporting
- Implementation, budgeting, and project management.
- Ensure the integrity of the IFRS 17 TB
- Preparing papers for management & board on IFRS 17.
- Disclosure preparation under IFRS17 reporting requirements
- Develop controls and documentation around estimates and judgement in IFRS17 implementation for data & resultsconsistency, completeness, and accuracy.
- IFRS17 regulatory reports i.e., Quarterly returns to IRA and tax computations for KRA
- Support stakeholders on all financial inputs and outputs (Actuarial, appointed actuary and audit/assurance teams) on IFRS17 reporting within monthly, quarterly & end year reporting timelines
- Responsible for the development of the Audit Plan in conjunction with the External Auditors and CFO around IFRS17.
- Risk assessment, management, and reporting under IFRS17 reporting.
- Recommend strategies further to the review of IFRS 17 outputs to the management
System Set-up
- Work with the IT to ensure that all systems are set-up and test the output for correctness.
- Work with the Digital team to develop automated reports and business dashboards around IFRS 17
Leadership
- Embed international best practice within the staff compliment of the team.
- Managing and providing leadership to assigned team.
- Recommend strategies further to the review of IFRS 17 outputs to the management
Key Competencies
- Visionary Entrepreneurial Spirit
- Customer Focus
- Continuous Innovation
- Ownership & Commitment
- Team Spirit
- Excellent oral, written and online communication skills
- Presentation skills
- Organized, numerate, analytical.
- Business planning and tracking
- Time management
- Interpersonal skills
Qualifications
- Bachelor's Degree in Finance, or a Business-Related Field.
- CPA-K/ACCA Qualification is mandatory.
Relevant Experience
- At least 7 years' Experience in the insurance, Finance industry of which two (2) must be as a lead in financial reporting.
- Experience in the implementation of the standard will be an added advantage