26 Aug 2014

Chief Executive Officer Job Vacancy

A leading mid-sized insurance company with profits in excess of Ksh. 200m dealing in general insurance is looking to recruit a suitably qualified, dynamic and experienced individual to join their high powered team as the Chief Accountant, reporting to the Chief Executive Officer.

The candidate will:

  • Provide leadership and accountability for the organisation’s finance and accounting functions and ensure accomplishment of departmental goals and objectives.
  • Ensure compliance with accounting disciplines, controls and policies by the International Finance Reporting Standards, company guidelines, IRA and all other regulatory requirements.
  • Prepare and review management reports and accounts
  • Regularly evaluate accounting procedures/manuals against business set standards and implement productive measures.
  • Prepare and maintain up-to-date accounting manuals.
  • Coordinate end year audit process and ensure that correct and relevant audit schedules are provided to the auditors on a timely basis.
  • Oversee the running of all the payroll functions. Manage all the data capture, payments, deductions, communication and documentation in payroll operations.
  • Overseeing and control of company investments to ensure maximization of returns.
  • Ensure tax planning and compliance.
  • Develop and implement equitable stakeholder contracts and due execution of policies and other accountable documents.
  • Continuously review and optimise business processes and mobilise resources to meet the changing business needs.
  • Drive technical professional and excellence in behaviours across the accounting department team and effectively manage internal and external stakeholders.
  • Cultivate a culture of high performance, ethics and ownership within the department.

Minimum Qualification And Experience

  • Bachelor of Commerce in Accounting, Finance or Business related degree.
  • Master’s Degree will be an added advantage.
  • Full ACCA/CPA (K) qualification and member of ICPAK.
  • Insurance qualifications AIIK/CII.
  • At least 10 years working experience, with a minimum of 5 years in insurance accounting and 3 in a managerial position.
  • Be well versed with the 14 IRA guidelines.
  • Conversant with the Insurance Act.
  • Understanding of how to read Financial Condition Reports (FCR) and insurance valuation of liabilities.
  • Proficient in an established accounting software package or EPR.
  • Proficient in insurance management software packages preferably Premia Systems.
  • Proficient user of the MS Office application.
  • Demonstrate an understanding of the insurance market and processes.
  • Demonstrate strong leadership as well as good mentoring and coaching skills.
  • Pragmatic decision maker with strong analytical and numerical reasoning.
  • Strong team player, change manager and communicator with superior negotiation skills.

An attractive remuneration package will be offered.

How to apply: 
Candidates should forward their application with a cover letter, a detailed CV (stating current and expected remuneration and at least 3 referees from past employment), copies of their academic and professional certificates to by 15th Sept 2014. Quote “Chief Accountant-REF: VICI/INS/002” as subject of the email.

Only successful candidates will be contacted.

Job Location: Nairobi, Kenya

Start date: immediate

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