Jun 13, The Insurance Regulatory Authority Manager Finance Jobs in Kenya

jun-13,-the-insurance-regulatory-authority-manager-finance-jobs-in-kenya

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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