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  • Posted: Jul 29, 2015
    Deadline: Not specified
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    Fosad Consulting Ltd is a business support services firm with offerings in Human Resource Management, Immigrations and Real Estate Consulting. We leverage our expertise and strategic alliances to support businesses. Our proposition is based on a deep understanding of the drivers of high performing businesses and the required business solutions that supports ...
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    Finance Manager

    Company Description

    Our client, a non-banking financial institution is looking to recruit a Finance Manager who will amongst other things bring innovative and strategic ideas that can drive the company's business.

    The Finance Manager is responsible for the financial administration for the company and its subsidiaries in his/her region. 

    The objective is to provide accurate financial information, mitigating financial and legal risks, to support the expansion of the business and to optimise processes and economic performance.

    Job Description

    • The Finance manager will carry out monthly reconciliation of Re – Insurance Treaty and Accounting, Reconciliation of production report and Claims reports.
    • Carry out accounts payable duties such as cash flow management and weekly report. 
    • Review and reconciliation of all general ledger accounts on weekly and monthly basis.
    • Preparation of statutory audit schedule and monthly management account.
    • Execute budgetary control activities.
    • Investment portfolio, Statutory, ERM reporting and monitoring in line with NAICOM Filters
    • Solvency monitoring / Asset cover management.
    • Preparation of Valuation data and loan policy data.
    • Coordinating the debts and existing creditors of the company
    • Managing all money borrowed or owed to the business
    • Handle timely and effective collection of all bets and customers payment  
    • Clients account reconciliation-investigation and answering of queries
    • Making recommendation on debt recovery to the management
    • Formulation and reviewing of company’s credit policy
    • Builds and maintains close links with all customers for smooth business operation
    • Preparation of relevant credit control reports to the regulatory authority .e.g. Naicom, NDIC etc

    Education

    • Bachelor’s Degree in Banking and Finance, Economics or any related field
    • Professional Certification in Accounting is a must i.e. ICAN

    Experience

    • A minimum of 10 years’ experience in a Finance Unit of a viable Insurance Industry.
    • Experience as a Credit Controller, Hands on experience in regulatory activities including IFRS reporting. 

    Skills

    • Excellent Communication skills (English): Spoken and written 
    • Moderate Analytical Skills 
    • Moderate IT skills 
    • Basic Business Writing 
    • Moderate Negotiation Skills 
    • Basic Presentation skills

    Method of Application

    Interested and suitably qualified candidates should click here to apply online.

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