Kenya Orient Insurance Assistant Finance Manager Job Vacancy

Kenya Orient Insurance Limited

Job Title: Assistant Manager – Finance

Reports To: Head of Finance and Administration

Overall Responsibility: The position is responsible for establishing and maintaining an effective and efficient financial management system. The position is required to provide financial information and reports to senior management to support effective decision-making, planning and control.

The position is also required to implement and maintain sound financial management controls and ensure that these control are adhered to by all staff.

Key Tasks, Duties and Responsibilities

1. Monitoring of creditors / debtors accounts, cash position, payments control, investment of cash surplus.

2. Cash flow reports to portray the cash position of the company on Daily basis.

3. Manage cash inflows and outflows to ensure optimum levels of liquidity and investments.

4. Ensure the company operates at a positive cash flow at all times.

5. Review all monthly Treasury J/V’s and interest calculations.

6. Build asset-liability infrastructure to assist in the development of asset mixes for the various portfolios managed by the investment team.

7. Proposed deposits placements and bond investments and be responsible for trade confirmations and settlements.

8. Ensure month end accruals schedule and reconcile with the system and Posting of all Treasury related transactions.

9. Monitoring all expenditure and financial transactions in relation to approved budget and financial management guidelines/policy and inform management to take corrective action.

10. Annual budget to management and the board to provide projection of income and expenditure for the following year on an annual basis.

11. Facilitate the preparation of budgets and financial plans of the company and overseeing strict adherence to the budgets and plans.

12. Ensure at all times that revenue grows faster than expenditure growth.

13. Ensure timely and accurate recording of financial transactions and compliance with international accounting standards and other relevant regulations.

14. Preparation and presentation of financial statements to the management, board and regulatory agencies.

15. Developing an effective cash flow/control systems, creditor/debtor policies and guidelines and a fixed

How to Apply:

If you are interested in the position and have the required qualifications, skills and experience, kindly CLICK HERE and apply on or before Tuesday, August 18, 2020.


Job Summary:
Job Title
Job Category
Job Type
Company / Organization
Approx. Salary
Job Opening Date
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Job Location
Nairobi

Nairobi, Kenya
N/A

Nairobi County

Kenya
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