Head of Finance

DUTIES AND RESPONSIBILITIES

· Advises Chief Executive Officer, Insurance Cluster, EXCO and the Board on the general business model, investment options, regulatory and compliance, capital allocation and risk management of the Insurance Cluster;

· Advises the Chief Finance Officer and provides leadership and guidance in relation to strategy formulation, review, coordination, tracking and reporting;

· Provides leadership in ensuring a high level of integrity in financial reporting across the Insurance Cluster;

· Provides leadership for the budgetary control process in the Insurance Cluster;

· Leads and guides all procurement activities in the Insurance Cluster by ensuring that policy, processes and approval limits are in place;

· Provides leadership for the overall expenditure and supplier payments cycle for the Insurance Cluster.

· Manages Insurance Cluster’s statutory audit and reporting activities in liaison with external auditors, reporting actuaries, property valuators and other Finance Managers within the unit;

· Leads and provides input for stakeholder engagement activities for instance, investors, analysts and regulators.

· Champions the capital planning activities of the Insurance Cluster and leads in capital raising activities;

· Champions the development of new business opportunities such as investment opportunities, mergers and acquisitions and business partnerships for Insurance.

QUALIFICATIONS AND EXPERIENCE:

· Must be a holder of an Accounting/Finance Degree;

· Must be a qualified Chartered Accountant (CA);

· MBA/MBL or equivalent is an added advantage;

· At least 8 years relevant experience of which 4 must be at a senior level.