Job Detail

Finance Manager - Jubilee Insurance

Date Posted: Apr 18, 2023
Login to View Salary

Job Detail

  • Location:
    Nairobi, Nairobi, Kenya
  • Company:
  • Type:
    Full Time/Permanent
  • Shift:
    First Shift (Day)
  • Positions:
    1
  • Experience:
    7 Years
  • Gender:
    No Preference
  • Degree:
    Bachelors
  • Apply Before:
    Apr 23, 2023
  • Days Remaining:
    -1195

Job Description

The Role holder will be responsible for the financial reporting under IFRS17 for Jubilee Life Company.
Main Responsibilities
1. 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 & results consistency, 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 team s) onIFRS17 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
2. System Set-up
  • Work with the IT to ensure that all system s are set-up and test the output for correctness.
  • Work with the Digital team to develop automated reports and business dashboards around IFRS 17
3. 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.

Benefits

  • Confidential.

Job is expired

Company Overview

Nairobi, Nairobi, Kenya

Jubilee Insurance was established in August 1937, as the first locally incorporated Insurance Company based in Mombasa. Jubilee Insurance has spread its sphere of influence throughout the region to become the largest Composite insurer in East Africa,... Read More

Related Jobs

Google Map