A leading Insurance Company in East Africa requires qualified and experienced candidates to fill the vacant position of:
Job Title: Chief Finance Officer
Location: East Africa
Job Description
The Chief Finance Officer position is responsible for the administrative, financial, and risk management operations of the company, including the development of a financial and operational strategy. He/She is responsible for designing the metrics that help in the implementation of the financial strategy, and the ongoing development and monitoring of control systems designed to preserve the company assets and report accurate financial results.
Major Responsibilities:
- Lead the development of the Company’s revenue and expenditure budgets
- Monitor and direct the implementation of company’s expenditure budgets
- Monitor the company’s cash flow and ensure the company is sufficiently liquid to finance its operations
- Advise the company’s senior management on the optimal current/fixed asset ratio in line with the regulatory requirements
- Lead the preparation of the final accounts including Profit/Loss account and balance sheet
- Develop and implement financial control systems in order to mitigate financial losses
- Design and implement a system that ensures financial records are well filed and easy to retrieve
- Advise the company’s senior management on profitable investment opportunities that yield high returns
- Provide advice to senior management on tax requirements for all financial transactions
- Provide leadership to the finance team through setting goals, coaching and appraising the performance of individual staff
- Implement operational best practices with particular emphasis on cost-effectiveness
Networking
- Maintain strong relationships with Banks
- Represent the company with financial institutions and investors
Supervises: Chief Accountant, Treasury Manager and the entire Finance team
Qualification, Experience and Attributes:
- Bachelors Degree in Accounting, Finance, Business Administration or related field with Certified Public Accountant (CPA) or ACCA plus 7 years of progressively responsible experience in a major company or division of a large corporation, and at least 3 years’ experience at executive management level. Possession of a Masters Degree is an added advantage.
- Proven audit and training experience
- Proven skills in managing change, achieving results, ensuring quality, and building teams and capacity,
- Strong computer skills, especially in Microsoft Excel and accounting packages,
- Sound knowledge of regional and global trends in the insurance industry as well as an understanding of the key macroeconomic drivers.
- Excellent communication and interpersonal skills.
- Excellent leadership, negotiation, relational, planning and organization skills.
Application Closing Date
24th June, 2014
How to Apply:
To apply, please indicate the position you are applying for as the subject of your email and send your updated resume, 3 referees who are knowledgeable about your professional achievements and abilities and email to us at:
[email protected]
All applications will be treated in confidence. Only short-listed candidates will be contacted.