The Insurance Regulatory Authority Manager Finance Jobs in Kenya

The Insurance Regulatory Authority Manager Finance Jobs in Kenya



ob 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.

    Job Specifications

    Duties and responsibilities will entail:

    Managerial / Supervisory Responsibilities


  • Lead in implementation of financial policies, plans and Departmental
    strategies;

  • Champion implementation and management of the Authority’s financial
    reporting system to cater for departments operations;

  • Lead in implementation of government policy directives and circulars;

  • Oversee maintenance of financial records in accordance with statutory
    provisions;

  • Coordinate preparation of monthly management accounts and analyse
    financial discrepancies to ensure correctness of financial information;

  • Monitor utilisation of allocated funds, analysis of revenues and outline
    of variances to ensure revenues and costs are duly captured and
    reported;

  • Manage implementation of approved departmental budget;

  • Coordinate implementation of recommendations of external and
    internal audit reports.

  • Manage tax compliance measures and adherence to other statutory
    obligations of the Authority;

  • Oversee preparation of quarterly and annual financial statements in
    accordance with reporting standards and statutory provisions;

  • Coordinate payroll management and processes;

  • oordinate implementation of effective Accounting system and
    Standard Operating Procedures to safeguard prudent use of financial
    resources and integrity of financial information;

  • Manage departmental risk to ensure risks are effectively monitored and
    controlled;

  • Oversee implementation of departmental performance contracting
    activities and ensure targets are met;

  • Provide leadership in execution of assigned accounting tasks within set
    deadlines;

  • Contribute in preparation and presentation of board papers

    Operational Responsibilities / Tasks

  • Review and approve month-end account closing activities such as
    reconciliations and
    journal entries;

  • Respond to accounting inquiries from management and resolve
    financial queries as they arise;

  • ontribute in review of existing accounting and internal controls
    procedures and recommend changes;

  • Verify and confirm corporate tax assessment and compliance with
    statutory requirements;

  • Verify weekly cash flow forecasts;

  • Review and approve payments;

  • Facilitate audit activities by providing responses to audit queries and
    providing relevant supporting evidence.

  • Review and Approve performance targets of direct reports;

  • Mentor and coach staff members within the department;

    Persons Specifications

  • Masters’ degree in any of the following: Commerce, Accounting,
    Business Administration, Finance, or their equivalent qualification
    from a recognized institution;

  • Bachelors’ Degree in Commerce, Accounting, Finance

  • CPA (K) or equivalent;

  • Minimum KCSE B or its equivalent;

  • Member of a relevant professional body recognized in Kenya;

  • Nine (9) years relevant working experience;

  • Management Course lasting not less four (4) weeks; and

  • Meets the provision of chapter six of the constitution.

    Competencies and skills

  • trong communication and presentation skills

  • Good mentorship and coaching skills

  • Good analytical skills

  • Problem solving

  • Professionalism

  • Strong negotiation skills

  • Leadership and supervision skills.

    How to Apply

    For more information and job application details, see; The Insurance Regulatory Authority Manager Finance Jobs in Kenya

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