Finance Manager

nairobi cityKE

full-time

bachelor

5 months ago11/11/202312/11/2023

- closed

Job Ref. No. JLIL124

Role Purpose

The Role holder will be responsible for the financial reporting under IFRS17 for Jubilee Life Company.

Main Responsibilities

Financial & Regulatory reporting

  • Implementation, budgeting, and project management.
  • Ensure the integrity of the IFRS 17 TB
  • Preparing papers for management & board on IFRS 17.
  • Disclosure preparation under IFRS17 reporting requirements
  • Develop controls and documentation around estimates and judgement in IFRS17 implementation for data & resultsconsistency, completeness, and accuracy.
  • IFRS17 regulatory reports i.e., Quarterly returns to IRA and tax computations for KRA
  • Support stakeholders on all financial inputs and outputs (Actuarial, appointed actuary and audit/assurance teams) on IFRS17 reporting within monthly, quarterly & end year reporting timelines
  • Responsible for the development of the Audit Plan in conjunction with the External Auditors and CFO around IFRS17.
  • Risk assessment, management, and reporting under IFRS17 reporting.
  • Recommend strategies further to the review of IFRS 17 outputs to the management

System Set-up

  • Work with the IT to ensure that all systems are set-up and test the output for correctness.
  • Work with the Digital team to develop automated reports and business dashboards around IFRS 17

Leadership

  • Embed international best practice within the staff compliment of the team.
  • Managing and providing leadership to assigned team.
  • Recommend strategies further to the review of IFRS 17 outputs to the management

Key Competencies

  • Visionary Entrepreneurial Spirit
  • Customer Focus
  • Continuous Innovation
  • Ownership & Commitment
  • Team Spirit
  • Excellent oral, written and online communication skills
  • Presentation skills
  • Organized, numerate, analytical.
  • Business planning and tracking
  • Time management
  • Interpersonal skills

Qualifications

  • Bachelor’s Degree in Finance, or a Business-Related Field.
  • CPA-K/ACCA Qualification is mandatory.

Relevant Experience

  • At least 7 years’ Experience in the insurance, Finance industry of which two (2) must be as a lead in financial reporting.
  • Experience in the implementation of the standard will be an added advantage

Method of Application

If you are qualified and seeking an exciting new challenge, please apply via [email protected] quoting theJob Reference Number and Position by 30th March 2023. 

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