This job opening has expired.

Manager, Finance | Insurance Regulatory Authority

  • Experience Required:9 Years
  • Total Positions:1
  • Job Type: Full Time
  • Job Category: Administration
  • Minimum Education: Masters
  • Job Location: Nairobi, Kenya
  • Posted on: October 19, 2023
  • Last Date: November 7, 2023

Job Description

DIRECTORATE/DEPARTMENT: Directorate of Corporate Services
GRADE/LEVEL: IRA 4
IMMEDIATE SUPERVISOR: Senior Manager, Finance
REF: MF/10

a) Job 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.

b) Job Specifications
Duties and responsibilities will entail:
I. Managerial / Supervisory Responsibilities
(i) Lead in implementation of financial policies, plans and Departmental
strategies;
(ii) Champion implementation and management of the Authority’s financial
reporting system to cater for departments operations;
(iii) Lead in implementation of government policy directives and circulars;
(iv) Oversee maintenance of financial records in accordance with statutory
provisions;
(v) Coordinate preparation of monthly management accounts and analyse
financial discrepancies to ensure correctness of financial information;
(vi) Monitor utilisation of allocated funds, analysis of revenues and outline of
variances to ensure revenues and costs are duly captured and reported;
(vii) Manage implementation of approved departmental budget;
(viii) Coordinate implementation of recommendations of external and internal
audit reports.
(ix) Manage tax compliance measures and adherence to other statutory
obligations of the Authority;
(x) Oversee preparation of quarterly and annual financial statements in
accordance with reporting standards and statutory provisions;
(xi) Coordinate payroll management and processes;
(xii) Coordinate implementation of effective Accounting system and Standard
Operating Procedures to safeguard prudent use of financial resources and
integrity of financial information;
(xiii) Manage departmental risk to ensure risks are effectively monitored and
controlled;
(xiv) Oversee implementation of departmental performance contracting
activities and ensure targets are met;
(xv) Provide leadership in execution of assigned accounting tasks within set
deadlines;
(xvi) Contribute in preparation and presentation of board papers

II. Operational Responsibilities / Tasks
(i) Review and approve month-end account closing activities such as
reconciliations and journal entries;
(ii) Respond to accounting inquiries from management and resolve financial
queries as they arise;
(iii) Contribute in review of existing accounting and internal controls
procedures and recommend changes;
(iv) Verify and confirm corporate tax assessment and compliance with
statutory requirements;
(v) Verify weekly cash flow forecasts;
(vi) Review and approve payments;
(vii) Facilitate audit activities by providing responses to audit queries and
providing relevant supporting evidence.
(viii) Review and Approve performance targets of direct reports;
(ix) Mentor and coach staff members within the department

c) Persons Specifications
(i) Masters’ degree in any of the following: Commerce, Accounting, Business
Administration, Finance, or their equivalent qualification from a
recognized institution
(ii) Bachelors’ Degree in Accounting, Finance or equivalent qualification;
(iii) CPA (K) or equivalent
(iv) Member of the relevant professional body;
(v) Nine (9) years relevant working experience,
(vi) Management Course lasting not less four (4) weeks
(vii) Supervisory Course for not less than two (2) weeks;
(viii) Proficiency in computer application;
(ix) Meets the provision of chapter six of the constitution

Skills Required

Negotiating Skills
Leadership Abilities
Supervision Skills
Analytical Skills
Coaching and Mentoring skills
Presentation Skills
Communication Skills

Application Details


This job has expired and application is not allowed