Chief Finance Officer-OMIG Business at Old Mutual Kenya

Job Description

Chief Finance Officer-OMIG Business at Old Mutual Kenya

To provide effective management of the Company’s financial and other resources and ensure timely and accurate reporting

KEY TASKS AND 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. This will include effective asset and liability management in order to match the maturity profiles of assets and liabilities.
  • 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
  • Management and Board reporting on a regular basis
• Files all necessary returns with the registrar of companies
• Advise management and the board on financial matters relating to Properties
• Appraise property investments to ensure required rate of return is achieved
• Ensure all properties are well maintained and all services are provided

 SKILLS,COMPETENCIES,KNOWLEDGE &EXPERIENCE

• Sound analytical skills & good communication skills
• Good negotiation skills
• Integrity, honesty, team player & approachable
• Customer service orientation
• Ability to work under pressure and manage time efficiently
• Ability to solve problems and sound decision making
• Minimum 10 years working experience at a senior Accounting & Financial Management role in the financial services industry, preferably in Asset Management, Banking, Insurance, Securities Brokerage, Auditing etc
• Board level reporting experience. Experience in a group-shared-services model preferred.
• Competence in common accounting and financial reporting systems

QUALIFICATIONS

• Bachelor’s Degree in Accounting, Finance, Economics, Commerce or a business related field. A Masters’ Degree in similar fields preferred.
• Possession of professional accounting qualifications like ACCA or CPA (K) with over 10 of post qualification experience
• Attendance to Senior Management Leadership Courses in reputable business schools, universities or institutions

Chief Finance Officer-OMIG Business at Old Mutual Kenya