Financial Performance & Analysis Manager at AIICO Insurance

• The Financial Performance and analysis Manager will play a crucial role in driving the company's financial performance through comprehensive analysis, reporting, and strategic insights.
• This role requires a combination of financial expertise, analytical prowess, and effective communication skills to provide actionable recommendations to senior management.
• The successful candidate will lead a team responsible for financial planning, budgeting, forecasting, and performance analysis.

FUNCTIONS & RESPONSIBILITIES

• Prepares periodic financial statements required for external reporting.
• Collects and analyzes financial data, ensuring that all reporting is in compliance with NAICOM, IFRS, SEC and GAAP reporting regulations and guidelines.
• Consolidates entries and accounts to be utilized in financial statements
• Prepares internal reports as required. Researches accounting rules and regulations and makes recommendations regarding company policy.
• Ensures smooth external audit processes.
• Maintains accuracy in all asset files, and balance sheets and provides support to all work papers and bank accounts.
• Manages schedules for all filing deadlines, assists in closing all procedures and ensures compliance with procedural and reporting standards.
• Participates in various educational opportunities, attends various conferences and updates knowledge efficiently.
• Troubleshoots on all financial reports, completes audits and identifies trends to determine improvement plans.
• Provides assistance to manage all ad hoc projects and assists management on all accounting activities.
• Performs systems reconciliations .

COMPETENCY REQUIREMENT

• Organised with attention to detail and ability to multitask.
• Autonomous work habits with demonstrated ability to make process improvements.
• Strong computer skills (Excel, Power points etc.)
• Strong analytical skills.
• A good knowledge of IFRS, NAICOM guidelines and SEC rules and regulations is required combined with the ability to research and give opinions on complex accounting issues.
• Strong understanding of industry trends, market dynamics, and regulatory changes

EDUCATION AND EXPERIENCE

• Bachelor's degree in Finance, Accounting, Economics, or related field; Master's degree or professional certification (ACCA, CFA, CPA, etc.)
• Minimum of 7 years experience in financial analysis, performance management, or related roles, with at least 2 years in a supervisory or managerial capacity

KNOWLEDGE AND SKILLS

• Proven expertise in financial modelling, budgeting, forecasting, and variance analysis.
• Strong proficiency in financial software, Excel, and data visualization tools.
• Excellent analytical, problem-solving, and critical-thinking skills.
• Effective communication and presentation abilities, with the capacity to convey complex financial concepts to non-financial stakeholders.
• Ability to lead and develop a team, fostering a collaborative and growth-oriented environment.
• Attention to detail, accuracy, and a commitment to producing high-quality work.