Principal Duties & Responsibilities
Financial Reporting Management
Prepare and review the quarterly and annual reports (i.e. financial statements, footnotes, MD&A etc.) as well as ensure compliance with all IFRS reporting requirements.
Develop and maintain a consistent formal process to support financial reporting.
Maintain a calendar of quarterly deliverables to keep all filings on schedule.
Ensure compliance regarding internal controls over external financial reporting and technical accounting.
Work closely with external auditors as related to financial reporting and technical accounting matters.
Complete all relevant IFRS disclosure checklists and challenges the appropriateness of disclosures.
Monitor the development and applicability of emerging accounting and reporting rules as related to the potential impact on the company’s financial statements.
Work collaboratively with managers and controllers, corporate finance team, internal audit, and others with a focus on technical accounting matters and policies.
Complete, review, and/or oversee the completion of memorandums to document the company’s application of technical accounting matters.
Work closely with tax team members as their projects relate to technical accounting matters.
Identify and assess new risk areas that arise as a result of major projects or process changes and changes in accounting guidance and advise management to ensure appropriate application.
Prepare financial results and regulatory returns for the company
Prepare monthly accounts and draft control accounts to ensure the balance sheet is complete and the profit and loss are accurate
Ensure annual regulatory filings along with statutory notes and disclosures
Support in compiling an annual budget and medium-term plans and quarterly forecasts by partnering with business areas
Implement improved financial reporting systems and processes.
Monitor core controls such as balance sheet reconciliations across the business.
Ensure accurate and timely financial MI to senior management.
Ensure accurate and timely regulatory reporting to relevant authorities.
People Management
Set performance objectives for team members in alignment with the strategic priorities of the company
Provide guidance to team members and gives timely feedback to ensure continuous improvement in the quality of deliverables
Motivate team members to maintain a high level of performance and excellent service delivery.
What we are looking for
Educational Qualification and Work Experience
Bachelor’s degree in Accounting
Relevant professional certifications such as Chartered Financial Analyst (CFA), Institute of Chartered Accountants of Nigeria (ICAN), or Association of Chartered Certified Accountants (ACCA) is required.
Previous relevant experience in insurance is required.
Minimum of 8-10 years’ experience in financial accounting/reporting role in an Insurance company with a proven track record of outstanding performance
Skills and Competencies
In-depth knowledge of Financial Reporting
Excellent knowledge of Management Accounting
Understanding of regulatory compliance
Experience in using relevant accounting software
Knowledge of tax planning and management
In-depth knowledge of International Financial Reporting Standards (IFRS)
Excellent Leadership and People Management skills
Strong Financial and Business Acumen
Excellent Strategic thinking skills
IFRS 17 implementation experience in an insurance company.
Practical experience in the implementation of accounting system(s) in an Insurance company
Proven Solvency II experience
Extensive knowledge of MS Office tools
Interested candidates should send resume and credentials to careers@coronationinsurance.com.ng Using Job Title as Subject
Apply via :
careers@coronationinsurance.com.ng