Our client is a leading global financial institution offering Life Assurance and Short-Term Insurance services and provides a wide spectrum of insurance solutions tailored to meet unique individual and corporate clients’ circumstances.
Job Description
Key Focus
• Responsible for the financial accounting/ control function in the business unit.• Carries overall responsibility for the preparation and quality of financial accounts and maintenance of financial records• Contributes to and implements financial strategy.• Assists in deciding on the financial and business viability of new and existing projects and programmes.• Analyses financial records such as income trends.• Plans and prepares budgets and documents such as the annual report, according to organisational goals.• Analyses and monitors the effect of budget or policy changes on business unit productivity.• Responsible for audit liaison as well as tax, legislative & statutory requirements.
Key Result Areas
Financial Control
• Contributes to and implements financial strategy.• Responsible for the financial accounting / control function in the business unit through other managers and their teams.• Carries overall responsibility for the preparation and quality of financial accounts.
Financial Analysis
• Analyses financial records such as income trends.• Analyses and monitors the effect of budget or policy changes on the business unit’s productivity.• Assists in deciding on the financial and business viability of new and existing projects and programmes.
Financial Reporting
• Plans and prepares budgets and documents such as the annual report, according to organisational goals.
Governance and Compliance
• Liaises with internal and external auditors.• Ensures tax, legislative and statutory requirements are met.
Team Effectiveness
• Individually accountable for staff time, tasks and output quality, over periods of up to 1 year.• Guides and directs staff to achieve operational excellence standards.• Balances own priorities with directing and motivating others.• Creates a climate for optimal performance.
Accountability
• Manages performance.• Selects potential staff to sustain customer / client service delivery.
Qualifications
• 10 – 12 years’ experience minimum• Individually accountable for the financial accounting/ control function in the organisation through staff supervised over periods of 3 months to a year. • Carries overall responsibility for the preparation and quality of financial accounts and maintenance of financial records.• Qualified Accountant – ICAN, ACCA, etc.• Experience in Financial Services (Banking or Insurance) an advantage• Managerial skills• Presentation skills • High level Financial Acumen• Great Interpersonal skills
Additional Information
Remuneration is highly competitive.
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