19 Jan 2024

Chief Finance Officer – Life at Old Mutual Kenya

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Job Description

Old Mutual Kenya is based in Nairobi and is part of a larger group that offers solutions in long-term savings, asset management and investment. We offer solutions to individuals and corporates underpinned by our core values which are: Respect, Integrity, Accountability and Pushing beyond boundaries.

Responsibilities

  • Implement robust accounting systems that are embedded with appropriate controls that help safeguard the company’s assets and ensure accurate and timely reporting
  • Liaises with external auditors on audit activities of the company
  • In charge of the preparation of annual budgets and long term business plans and ensures all departments and units comply with budgetary provisions
  • Establish and monitor the implementation of an effective and robust treasury management system that secures company funds whilst maximizing profitability and facilitating effective cash flow management and compliance with the insurance act and investment guidelines
  • Manage the company’s cash flows in order to meet all liabilities as they may fall due.
  • Manage the company’s credit policy and effective follow up of debts
  • Sign company cheques and documents
  • Develop robust investment strategies that will be in line with business plan
  • Ensure compliance with statutory provisions in respect to financial reporting, taxation, other statutory payments and insurance act
  • Prepare annual report and accounts for the Board and statutory purposes
  • Carries overall responsibility for the preparation and quality of financial accounts and maintenance of financial records
  • Contributes to and implements financial strategy.
  • Assists in deciding on the financial and business viability of new and existing projects and programmes.
  • Analyses financial records such as income trends.

Requirements

Skills And Competencies

  • Must be familiar working in a high volume and transaction intensive environment
  • Excellent interpersonal and communication skills
  • Competent in Microsoft office Suite and Financial Modelling
  • Ability to handle confidential information in a discreet, professional manner.
  • Ability to work with internal and external stakeholders at all levels of the organization or third party organizations promptly and professionally
  • Ability to work well in a team oriented environment and proven team leadership skills
  • Knowledge and ability to place a high emphasis and maintain controls surrounding financial reporting as pertains to GAAP (Generally Accepted Accounting Procedures) and SOP (Standard Operating Procedures)
  • Ability to exercise judgement; makes decisions logical and rational manner;
  • demonstrates “common sense”, practical and stays cool under pressure.
  • Ability to gather facts, analyze problems in-depth and break down into components
  • Organized with strong sense of priority and commitment to deadlines
  • Maintains a “take charge” attitude; is persistent and tenacious; drives to accomplish objectives; influences others by instilling excitement and a sense of urgency; is proactive and demonstrates willingness to “roll up the sleeves” as necessary; assertive, but not abrasive.
  • Ability to multitask, adapt to and operate in a fast-paced, changing environment.
  • Creative; generates new approaches to problems, demonstrates imagination.
  • High integrity and work ethic

Knowledge ,experience & Qualification

  • A minimum of 7 – 10 years’ experience or any equivalent combination of experience and/or education from which comparable knowledge, skills and abilities have been achieved Technical Knowledge
  • At least 3 years’ experience
  • Undergraduate Degree in Finance, Actuarial, Business or Commerce or related field. A Master’s Degree will be an added advantage.
  • Fully qualified CPAK or ACCA Professional with up-to-date valid membership with ICPAK or ACCA.




Method of Application

Submit your CV and Application on Company Website : Click Here

Closing Date : 31 January. 2024





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