Responsibilitie(s):

• Direct and coordinate the cash management, investments, insurance, budgeting, and financial reporting, helping to drive the company’s financial strategy.
• Lead the development and use of best-practice policies, procedures and tools that ensure a well-controlled yet flexible organisation with strong fiscal management, project management, cross team communications and workflow.
• Direct and coordinate all accounting/finance/treasury functions of the Company.
• Develop budget framework and oversee the implementation and the annual budgeting process.
• Develop and implement efficient finance and tax strategies.
• Provide timely accurate financial reports and information for management decision making.
• Manage cashflow and funding of the company.
• Safeguard all company’s assets.
• Oversee and ensure that regular reports on financial activities of the company are produced and submitted to the MD/CEO on a monthly, quarterly, and annual basis.
• Provide support to the EMC (Executive Management Committee) and the Board on effective business performance drive.
• Oversee and ensure monthly business performance report is sent to the Executive Management.
• Monitor performance with tracking, establish corrective measures as needed, and prepare detailed reports, both current and forecasting for earnings.
• Ensure compliance with internal control procedures in day-to-day transaction processing.
• Ensure that all statutory remittances e.g. PAYE, pensions etc are made as at when due by law.
• Oversee financial IT systems, ensuring compliance with all applicable Financial Accounting Standards.
• Comply with federal, state, and local financial requirements by being abreast of existing and new legislation, enforcing compliance, and taking necessary action.
• Conduct periodic formal appraisal of subordinates’ performances.
• Participate in ad-hoc projects and other activities as assigned.

Qualification/Experience Requirement(s):

• Knowledge of the Insurance industry
• Knowledge of Management Reporting
• Knowledge of Financial Management
• Knowledge of Budget Planning & Control
• Knowledge of cost management
• Knowledge of business strategy
• Knowledge of Valuation
• Knowledge of Risk Management
• Knowledge of regulation, legislation, and tax bodies
• Knowledge of Stakeholder Engagement
• In-depth understanding statistics
• Educational requirement: A Bachelors’ degree from a reputable university in any relevant discipline. MSc or MBA in Financial Management is an added advantage
• Experience: 15 years cognate experience. Minimum of 5 years in a similar role at management level is an added advantage
• Professional membership & certifications: Membership of any relevant professional body (e.g. CIIN, ICAN, etc.)