Chief Finance Officer Job in Kenya

 Job Title: Chief
Finance Officer

Hiring Organization: Old
Mutual
Location – Locality: Nairobi
Location – Region: Kenya
Industry: Insurance
Job Type: Full
Time
Salary: KES
Competitive
Date Posted: 01/21/2024

Old
Mutual is a premium African financial services organisation that offers a broad
spectrum of financial solutions to retail and corporate customers across key
market segments in 14 countries. The lines of business include Life and
Savings, Property and Casualty, Asset Management and Banking and Lending.
We are rooted in our purpose of Championing Mutually Positive Futures Every Day
and believe that a great customer experience is anchored in a great employee
experience.

Key
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.

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,
Skills and Experience

A minimum
of 7 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.

Click
Here To Apply

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