The Insurance Regulatory Authority Manager Finance Jobs in Kenya
ob purpose
The position is responsible for implementing strategies aimed at prudent
management of the Authority’s financial resources through planning,
financial management and control, analysis and providing reports on
financial position in accordance with applicable laws and standards.
Job Specifications
Duties and responsibilities will entail:
Managerial / Supervisory Responsibilities
Lead in implementation of financial policies, plans and Departmental
strategies;
Champion implementation and management of the Authority’s financial
reporting system to cater for departments operations;
Lead in implementation of government policy directives and circulars;
Oversee maintenance of financial records in accordance with statutory
provisions;
Coordinate preparation of monthly management accounts and analyse
financial discrepancies to ensure correctness of financial information;
Monitor utilisation of allocated funds, analysis of revenues and outline
of variances to ensure revenues and costs are duly captured and
reported;
Manage implementation of approved departmental budget;
Coordinate implementation of recommendations of external and
internal audit reports.
Manage tax compliance measures and adherence to other statutory
obligations of the Authority;
Oversee preparation of quarterly and annual financial statements in
accordance with reporting standards and statutory provisions;
Coordinate payroll management and processes;
oordinate implementation of effective Accounting system and
Standard Operating Procedures to safeguard prudent use of financial
resources and integrity of financial information;
Manage departmental risk to ensure risks are effectively monitored and
controlled;
Oversee implementation of departmental performance contracting
activities and ensure targets are met;
Provide leadership in execution of assigned accounting tasks within set
deadlines;
Contribute in preparation and presentation of board papers
Operational Responsibilities / Tasks
Review and approve month-end account closing activities such as
reconciliations and journal entries;
Respond to accounting inquiries from management and resolve
financial queries as they arise;
ontribute in review of existing accounting and internal controls
procedures and recommend changes;
Verify and confirm corporate tax assessment and compliance with
statutory requirements;
Verify weekly cash flow forecasts;
Review and approve payments;
Facilitate audit activities by providing responses to audit queries and
providing relevant supporting evidence.
Review and Approve performance targets of direct reports;
Mentor and coach staff members within the department;
Persons Specifications
Masters’ degree in any of the following: Commerce, Accounting,
Business Administration, Finance, or their equivalent qualification
from a recognized institution;
Bachelors’ Degree in Commerce, Accounting, Finance
CPA (K) or equivalent;
Minimum KCSE B or its equivalent;
Member of a relevant professional body recognized in Kenya;
Nine (9) years relevant working experience;
Management Course lasting not less four (4) weeks; and
Meets the provision of chapter six of the constitution.
Competencies and skills
trong communication and presentation skills
Good mentorship and coaching skills
Good analytical skills
Problem solving
Professionalism
Strong negotiation skills
Leadership and supervision skills.
How to Apply
For more information and job application details, see; The Insurance Regulatory Authority Manager Finance Jobs in Kenya
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