CAP 03 /2022: Finance Manager – 01 Position
Reports to Chief Executive Officer
Purpose:
Responsible for the overall financial reporting, cost control, budgeting, regulatory and statutory compliance, cash flow management, safeguarding the assets with an aim of attaining profitability for the subsidiary.

Primary Responsibilities:
• Ensure adequacy of operational and financial controls in the business (systems, processes and people);
• Review and file returns to the regulator and other statutory bodies on monthly, quarterly and yearly basis;
• Review the completeness of the asset register and confirm that it is in line with the company accounts;
Confirm investment in company assets are within company investment policy statement and guided by the Insurance Act and advise the fund management monthly;
• Review management and financial reports for completeness and ensure preparation of board papers on a monthly and quarterly basis respectively;
• Prepare and compile company budgets annually and analyse financial reports and report variance against budget on a monthly basis;
Approve payments and check that all accounting transactions are posted to the correct cost centres;
• Coordinate external and internal audits;
• Manage cash flows, control costs and action on audit recommendations;
• Liaise with external stakeholders e.g. banks, IRA, URA towards enhancement of company operations.
• Any other duties as assigned

Person Specifications
Academic Qualifications
• Bachelor’s degree in Finance, Accounting, Business or in a related field.
• A Master’s degree is an added advantage

Professional Qualifications
• CPA, ACCA, or CFA is an added advantage
Experience
• Minimum of (5) years’ relevant experience in a similar position, three (3) of which have been at supervisory level.
Age Limit
• The candidate should be between the ages 35-45

Skills and Attributes
• Excellent communication and presentation skills
• Problem solving skills
• Excellent interpersonal skills
• Leadership skills
• Good analytical skills
• Computer literate in MS Office and other office applications
• Appreciation of Reinsurance Accounting and claims recoveries