JOB OVERVIEW
Business Segment: Archived_01_Corporate Functions
Location: KE, Nairobi County, Nairobi, Westlands Road
Job Type: Full-time
Job ID: 80389382_80328685
Date Posted: 10/4/2023
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JOB DESCRIPTION
Job Purpose
To partner with the Head, Insurance and Asset Management, in developing & implementing the strategy through the establishment of sound financial management, accounting, procurements, provisioning & internal control systems & processes, in compliance with relevant legislative requirements for the efficient operations. To provide financial analysis & performance on product performance across Insurance and Asset Management.
Key Deliverables
Financial Management
- Analyse & interpret financial & accounting reports to provide financial insights to the business.
- Collaborate with Head, Insurance and Asset Management & key stakeholders in ensuring the financial preparation, reconciliation & reporting within the business in alignments with financial reporting, compliance & business requirements & adhere to all accounting policies, processes & procedures.
Strategy
- Develop & implement in partnership with the business Finance strategy in order to enable the achievement of Insurance and Asset Management objectives.
- Prepare & analyse the financial results for Insurance and Asset Management, identifying problem areas & potential for improvements by means of understanding the macro-economic landscape & understanding the impact on Insurance and Asset Management business performance, highlight potential risks & opportunities.
Data
- Assist in the preparation of the Insurance and Asset Management reports & documents, that is tabled at the respective Leaderships Councils on Group & country specific levels, on a monthly basis
- Prepare monthly, quarterly & annual deliverables & reports in alignment with reporting cycles, as well as ad-hoc weekly projects deliverable reports. Review budgetary planning & performance measurement controls for Insurance and Asset Management to ensures reporting is effectively done in the Cube.
Risk, Regulatory, Prudential & Compliance
- Review the budgetary planning & performance measurement control for Insurance and Asset Management, to ensure that budgets are completed within the set timelines & specific country regulatory & geographical requirements for compliance purposes.
Product
- Review & maintain NIR mapping & product structure blueprints on a regular basis & alignment by country, by collaborating & leveraging from product teams to understand pricing, volumes & use information to provide financial analysis & insight.
- Identify & develop new product structures to be set up & facilitate the process implementation by supporting Insurance and Asset Management, specifically regarding new accounting initiatives & business case template support.
Technology & Architecture
- Identify GAPs in product automated mapping that will improve the financial & MIS reporting capabilities, working with GBM & core banking teams, initiate recommendations for improvement & manage the implementation of recommendations.
QUALIFICATIONS
Minimum Qualifications
Type of Qualification: First Degree
Field of Study: Finance and Accounting
Other Minimum Qualifications, certifications or professional memberships
- CPA (K) finalist or equivalent
Experience Required
Product Management
5 years
Experience in advising business leaders on financial aspects & relevant stakeholders on decision making processes & strategic objectives in a financial services environment.
Financial Insights & Analytics
5-7 years
Experience in running income statement to identify problems with general ledger entries & familiar with financial controls & practices in a large corporate
ADDITIONAL INFORMATION
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