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FINANCIAL ACCOUNTANT
- Full Time
- Nairobi
- Posted on February 21, 2024
- Closes: February 28, 2024
PURPOSE:
To provide the financial support on budgetary controls and cost leadership.
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PRIMARY RESPONSIBILITIES:
- Prepare consolidated budget reports, track monthly analytical variances and ratios.
- Provide inputs, information and statistics for all stakeholders’ periodic operating expense, capex and intercompany
- Preparation and analysis of monthly Holding company management accounts and quarterly board reports.
- Preparation, reconciliation and sharing of monthly expense reports across the Group and Departmental expenses including budget variance analysis
- Assist in the preparation of annual financial statements and returns for statutory audit.
- Updating Revenue accounts with budgets and prior year numbers on a monthly basis
- Ensure data, information and reports remains clear and are consistent across the Group entities (single source of truth)
- Approve purchase requisitions in line with budgets and ensure that all accounting transactions are posted to the correct cost centers
- Ensure proper expense TB mappings and update of expenses to the GL and subledgers and update of intercompany transactions and interest accruals
- Ensure TB to GL reconciliations, including fixed asset register, tax recons
- Plan, prepare and facilitate external and internal audits schedules and information as per Audit calendar
- Liaison with all reporting entities (including Regions) to ensure timely and accurate reports as per set TAT’s and SLA’s.
- Support in implementation of any financial reporting systems and tools.
- Ensure all advances are recovered on a timely manner
Key Skills, Knowledge, Experience and Behavioural Competencies |
These are defined as;Proficiency Level Description EssentialEDesirableDAcademic and Professional RequirementsParticularsDetailSpecific Field or Qualification NeedTypeEducationBachelor’s DegreeMinimum of Bachelors Degree in Business-related field from a reputable universityE Professional QualificationsCPAComputer literate in MS Office and other office applicationsICDL EExperience Required:DescriptionRequired years of experience Need TypeRelevant experience2EBehavioural CompetenciesThese are defined as: Proficiency Level Proficiency DefinitionsLevel 3 Basic (B2) · Applies the competency in somewhat difficult situations.· Requires frequent guidance Core Competencies Proficiency Required1. Customer FocusB2. Business AcumenB3. Driving InnovationB4. Driving Business PerformanceB5. Negotiation and InfluenceB6. Effective CommunicationB |
Leadership CompetencyProficiency RequiredPlanning and organizingBAccountabilityBQuality Decision MakingBBuilding PartnershipsBContinuous LearningBEmotional IntelligenceBConflict ManagementB |
Special Position Requirements (Optional section: any travel, security, hazard or related special conditions which apply to the position) |
· The role holder may be required to travel to distant branches or wherever the Company has any interest.· Role holder may be required to work extended working hours to ensure jobs are completed on schedule and to specification. |
CIC Insurance Values |
CIC insurance Group is committed to providing excellent service, spur further growth and employees are required to align their behaviour to the following core values as critical to driving their performance;Integrity- Be fair and transparentDynamism- Be passionate and innovativePerformance- Be efficient and results drivenCo-operation- Live the Co-operative spirit |
Job Profile Sign-Off
In the performance of their respective tasks and duties, all employees are expected to conform to the following;
- Perform quality work within deadlines, right first time with or without direct supervision.
- Interact professionally with other employees, customers and suppliers.
- Work effectively as a team contributor on all assignments.
- Work independently while understanding the necessity for communicating and co-coordinating work efforts with other employees and organizations.
- Unconditional positive regard for customers.
If you have the aforementioned professional and academic qualifications and you are ready to execute the above mandate, strictly apply through: https://cic.co.ke/career/ clearly indicating the position being applied for.
The application should reach us by close of business on 28th February 2024. Please note only short-listed candidates will be contacted. If you do not hear from us by 27th March 2024 consider your application unsuccessful.
N/B: This job advert is open to internal candidates only.
Position
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