Key Responsibilities and Duties

• Participation in preparation of the annual budgets, monthly, quarterly and annual forecasts.
• In charge of enforcement of internal financial controls and financial procedures manual.
• Ensure payment of claims are as per the agreed SLAS, payroll creditors and suppliers are paid within the set timelines.
• Responding to Internal and External audit queries and ensuring that their recommendations are addressed and acted upon.
• Ensure monthly reconciliation of I-tax ledger
• Processing of staff payroll on a monthly basis.
• Ensure accuracy of General Ledger and bank balances through reconciliations and ensuring month end close procedure.
• Ensure the organization is compliant with all the relevant statutory bodies The Kenya Revenue Authority, Insurance Regulatory Authority through timely filing and payment of levies and Taxes.
• Ensure staff have clear and measurable KPIs and Entrenching performance-based appraisal of departmental staff in line with their set KPI’s and departmental targets.
• Review expenditure requests against budget.
• Maintaining monthly schedules of all taxes paid.
• Reconciliation and analysis of Reinsurance accounts.
• Preparation of Monthly expense variance reports.
• Monthly performance reports for all the business units.
• Authorization of payments (Claims, Expenses) before processing and signing of cheques as per the mandates.
• Perform any other duties assigned from time to time.

Academic Background, Relevant Qualifications and Competencies

• Bachelor of Commerce or related field.
• CPA (K) qualifications.
• Member of the Institute of certified Public Accountants of Kenya of good standing.
• At least 10 years relevant work experience.
• Technical accounting knowledge.
• Experience in the Insurance Industry is an added advantage.
• Knowledge regulatory framework and requirements.
• Technical report writing skills.
• Knowledge & experience in budget forecasting and projections.
• Working experience with SAP ERP & Oracle based systems.
• Strong leadership and management skills.
• Excellent communication, negotiation and interpersonal skills.